Great Southern Bancorp, Inc. (GSBC) Given Consensus Recommendation of “Hold” by Analysts
Great Southern Bancorp, Inc. (NASDAQ:GSBC) has been given an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.
Analysts have set a 1 year consensus price target of $55.00 for the company and are anticipating that the company will post $0.87 EPS for the current quarter, according to Zacks. Zacks has also assigned Great Southern Bancorp an industry rank of 37 out of 265 based on the ratings given to related companies.
A number of equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $56.00 price objective on shares of Great Southern Bancorp in a research note on Friday, December 22nd. BidaskClub raised shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Monday, February 5th. Finally, Zacks Investment Research raised shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Monday, December 25th.
In other news, VP John M. Bugh sold 3,683 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $48.97, for a total transaction of $180,356.51. Following the completion of the sale, the vice president now owns 5,473 shares of the company’s stock, valued at $268,012.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas M. Pitt bought 2,000 shares of the business’s stock in a transaction dated Monday, January 29th. The shares were bought at an average cost of $51.58 per share, with a total value of $103,160.00. Following the purchase, the director now directly owns 3,100 shares of the company’s stock, valued at $159,898. The disclosure for this purchase can be found here. 23.78% of the stock is owned by insiders.
Several hedge funds have recently added to or reduced their stakes in GSBC. Voya Investment Management LLC raised its stake in shares of Great Southern Bancorp by 9.0% in the 2nd quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock valued at $420,000 after acquiring an additional 647 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in shares of Great Southern Bancorp by 7.3% during the second quarter. Parametric Portfolio Associates LLC now owns 15,175 shares of the financial services provider’s stock valued at $812,000 after acquiring an additional 1,038 shares during the period. Allianz Asset Management GmbH boosted its holdings in shares of Great Southern Bancorp by 15.1% during the third quarter. Allianz Asset Management GmbH now owns 8,478 shares of the financial services provider’s stock valued at $472,000 after acquiring an additional 1,111 shares during the period. Bank of Montreal Can boosted its holdings in shares of Great Southern Bancorp by 8.7% during the fourth quarter. Bank of Montreal Can now owns 15,214 shares of the financial services provider’s stock valued at $786,000 after acquiring an additional 1,221 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Great Southern Bancorp in the third quarter worth about $104,000. 40.27% of the stock is owned by institutional investors and hedge funds.
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Great Southern Bancorp Company Profile
Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.
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