Great Southern Bancorp (NASDAQ:GSBC) Sees Strong Trading Volume – What’s Next?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw an uptick in trading volume on Wednesday . 27,785 shares were traded during mid-day trading, an increase of 1% from the previous session’s volume of 27,628 shares.The stock last traded at $57.82 and had previously closed at $57.89.

Analyst Ratings Changes

Separately, Piper Sandler reduced their price target on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating on the stock in a research note on Thursday, January 23rd.

Great Southern Bancorp Trading Up 0.8 %

The stock’s 50-day moving average price is $58.55 and its 200 day moving average price is $59.50. 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 firm has a market capitalization of $671.06 million, a PE ratio of 11.00 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. On average, sell-side analysts expect that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.60 annualized dividend and a dividend yield of 2.77%. Great Southern Bancorp’s dividend payout ratio is currently 30.42%.

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the transaction, the vice president now owns 14 shares of the company’s stock, valued at approximately $840.28. This trade represents a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 27.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Great Southern Bancorp

Several hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC increased its holdings in Great Southern Bancorp by 146.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock valued at $36,000 after buying an additional 355 shares during the period. BNP Paribas Financial Markets boosted its position in 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 valued at $121,000 after acquiring an additional 215 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Great Southern Bancorp in the 3rd quarter valued at $221,000. ExodusPoint Capital Management LP bought a new position in shares of Great Southern Bancorp in the 4th quarter worth $256,000. Finally, AlphaQuest LLC bought a new position in shares of Great Southern Bancorp in the 4th quarter worth $256,000. Hedge funds and other institutional investors 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.