Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells 6,000 Shares

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner sold 6,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $63.06, for a total value of $378,360.00. Following the completion of the sale, the director now owns 210,112 shares in the company, valued at approximately $13,249,662.72. This represents a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC traded down $0.39 during trading hours on Friday, reaching $62.88. 6,229 shares of the company’s stock were exchanged, compared to its average volume of 27,186. Great Southern Bancorp, Inc. has a 1-year low of $48.19 and a 1-year high of $68.01. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $734.44 million, a price-to-earnings ratio of 12.41 and a beta of 0.62. The company has a 50-day moving average of $58.13 and a 200 day moving average of $56.43.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.15. The business had revenue of $90.79 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. During the same quarter in the previous year, the company posted $1.33 earnings per share. Research analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.40 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.54%. Great Southern Bancorp’s payout ratio is currently 31.37%.

Analyst Ratings Changes

Separately, Piper Sandler reduced their price objective 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.

Hedge Funds Weigh In On Great Southern Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in GSBC. Gradient Investments LLC purchased a new stake in shares of Great Southern Bancorp in the second quarter valued at approximately $40,000. EntryPoint Capital LLC lifted its holdings in Great Southern Bancorp by 130.5% in the first quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 543 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Great Southern Bancorp by 11.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 215 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Great Southern Bancorp during the 2nd quarter worth $159,000. Finally, Comerica Bank purchased a new position in shares of Great Southern Bancorp in the 1st quarter valued at about $173,000. Institutional investors and hedge funds own 41.66% of the company’s stock.

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.