Great Southern Bancorp, Inc. (NASDAQ:GSBC) CEO Joseph W. Turner Sells 6,000 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) CEO Joseph W. Turner sold 6,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total value of $399,780.00. Following the completion of the transaction, the chief executive officer now owns 137,382 shares of the company’s stock, valued at $9,153,762.66. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Great Southern Bancorp Trading Up 0.3 %

GSBC traded up $0.17 during trading on Friday, hitting $63.83. 6,261 shares of the company’s stock were exchanged, compared to its average volume of 27,084. The stock has a 50 day moving average price of $57.61 and a 200 day moving average price of $56.07. Great Southern Bancorp, Inc. has a 1 year low of $48.19 and a 1 year high of $68.01. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. The firm has a market cap of $745.53 million, a P/E ratio of 12.48 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.15. The company had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a return on equity of 10.56% and a net margin of 17.21%. During the same quarter in the prior year, the business earned $1.33 earnings per share. As a group, analysts expect that Great Southern Bancorp, Inc. will post 5.3 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.51%. Great Southern Bancorp’s dividend payout ratio is currently 31.37%.

Institutional Trading of Great Southern Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of GSBC. Thrivent Financial for Lutherans grew its stake in Great Southern Bancorp by 3.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 34,994 shares of the financial services provider’s stock valued at $2,006,000 after purchasing an additional 1,276 shares in the last quarter. US Bancorp DE boosted its stake in Great Southern Bancorp by 2.3% during the 3rd quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock valued at $662,000 after acquiring an additional 257 shares during the last quarter. Creative Planning grew its holdings in Great Southern Bancorp by 33.4% during the 3rd quarter. Creative Planning now owns 20,288 shares of the financial services provider’s stock worth $1,163,000 after acquiring an additional 5,079 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Great Southern Bancorp by 48.9% in the 3rd quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 1,398 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Great Southern Bancorp by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 728,045 shares of the financial services provider’s stock valued at $40,485,000 after purchasing an additional 1,964 shares in the last quarter. 41.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped their price target on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, October 18th.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.