Great Southern Bancorp (NASDAQ:GSBC) VP Sells $164,583.65 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Mark Maples sold 2,387 shares of Great Southern Bancorp stock in a transaction on Friday, May 1st. The shares were sold at an average price of $68.95, for a total transaction of $164,583.65. Following the completion of the sale, the vice president owned 1,187 shares in the company, valued at $81,843.65. The trade was a 66.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Great Southern Bancorp Stock Performance

Shares of Great Southern Bancorp stock traded down $0.17 during trading on Monday, hitting $68.70. 129,989 shares of the stock were exchanged, compared to its average volume of 75,482. The stock has a market capitalization of $753.16 million, a price-to-earnings ratio of 10.89 and a beta of 0.50. The company has a fifty day moving average price of $64.16 and a 200-day moving average price of $62.21. Great Southern Bancorp, Inc. has a 1-year low of $53.60 and a 1-year high of $70.91. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.31. The company had revenue of $55.36 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.31%. As a group, equities analysts predict that Great Southern Bancorp, Inc. will post 5.84 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 30th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, March 30th. Great Southern Bancorp’s payout ratio is currently 27.26%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue acquired a new position in shares of Great Southern Bancorp during the 3rd quarter worth approximately $27,000. Russell Investments Group Ltd. grew its position in shares of Great Southern Bancorp by 1,301.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 716 shares in the last quarter. Sarver Vrooman Wealth Advisors acquired a new position in shares of Great Southern Bancorp during the 4th quarter worth approximately $77,000. Quadrant Capital Group LLC acquired a new position in shares of Great Southern Bancorp during the 3rd quarter worth approximately $128,000. Finally, CWM LLC grew its position in shares of Great Southern Bancorp by 224.7% during the 3rd quarter. CWM LLC now owns 2,789 shares of the financial services provider’s stock worth $171,000 after purchasing an additional 1,930 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Analysts Set New Price Targets

GSBC has been the topic of several research analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the company a “market perform” rating in a report on Friday, April 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Great Southern Bancorp in a report on Tuesday, April 21st. Finally, Zacks Research raised shares of Great Southern Bancorp from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Great Southern Bancorp currently has a consensus rating of “Buy” and a consensus target price of $65.00.

About Great Southern Bancorp

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.