Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells $152,625.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Julie A. Brown sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $61.05, for a total transaction of $152,625.00. Following the sale, the director now directly owns 32,896 shares in the company, valued at $2,008,300.80. This trade represents a 7.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Great Southern Bancorp Stock Performance

Great Southern Bancorp stock traded up $0.10 during mid-day trading on Wednesday, reaching $61.79. 20,603 shares of the stock traded hands, compared to its average volume of 27,152. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market capitalization of $721.71 million, a PE ratio of 12.10 and a beta of 0.62. The business’s 50-day moving average is $58.50 and its 200-day moving average is $56.69. Great Southern Bancorp, Inc. has a 12-month low of $48.19 and a 12-month high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. The business had revenue of $90.79 million for the quarter, compared to analysts’ expectations of $54.75 million. During the same quarter in the previous year, the company earned $1.33 EPS. As a group, sell-side analysts predict that Great Southern Bancorp, Inc. will post 5.3 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp’s payout ratio is currently 31.37%.

Hedge Funds Weigh In On Great Southern Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Gradient Investments LLC acquired a new position in Great Southern Bancorp during the second quarter valued at $40,000. EntryPoint Capital LLC raised its stake in shares of Great Southern Bancorp by 130.5% during the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after buying an additional 543 shares during the period. BNP Paribas Financial Markets lifted its holdings in Great Southern Bancorp by 11.3% during the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 215 shares in the last quarter. SG Americas Securities LLC purchased a new position in Great Southern Bancorp in the 2nd quarter valued at about $159,000. Finally, Comerica Bank acquired a new stake in shares of Great Southern Bancorp in the first quarter worth approximately $173,000. 41.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut 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.

About Great Southern Bancorp

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.