Great Southern Bancorp Inc. (NASDAQ:GSBC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Great Southern Bancorp, Inc. is a financial holding company which owned directly all of the stock of Great Southern Bank and other non-banking subsidiaries. “

Separately, FIG Partners downgraded Great Southern Bancorp from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 8th.

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Great Southern Bancorp (NASDAQ:GSBC) traded up 0.29% on Wednesday, hitting $41.78. The stock had a trading volume of 44,284 shares. The company has a market cap of $581.20 million, a PE ratio of 13.06 and a beta of 1.07. The stock has a 50-day moving average of $41.29 and a 200-day moving average of $38.92. Great Southern Bancorp has a one year low of $34.48 and a one year high of $52.94.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Tuesday, July 19th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. Great Southern Bancorp had a return on equity of 11.24% and a net margin of 21.91%. Equities analysts expect that Great Southern Bancorp will post $3.21 earnings per share for the current fiscal year.

In other news, Director William V. Turner sold 5,000 shares of the stock in a transaction dated Wednesday, July 27th. The stock was sold at an average price of $39.54, for a total transaction of $197,700.00. Following the transaction, the director now owns 194,898 shares of the company’s stock, valued at approximately $7,706,266.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Linton J. Thomason sold 1,900 shares of the stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of $41.91, for a total value of $79,629.00. Following the transaction, the vice president now directly owns 8,939 shares in the company, valued at approximately $374,633.49. The disclosure for this sale can be found here. Insiders own 24.15% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in shares of Great Southern Bancorp by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 547,948 shares of the financial services provider’s stock worth $20,257,000 after buying an additional 6,880 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Great Southern Bancorp by 5.8% in the second quarter. Vanguard Group Inc. now owns 477,769 shares of the financial services provider’s stock worth $17,664,000 after buying an additional 26,394 shares in the last quarter. BlackRock Fund Advisors raised its position in shares of Great Southern Bancorp by 4.5% in the second quarter. BlackRock Fund Advisors now owns 276,990 shares of the financial services provider’s stock worth $10,240,000 after buying an additional 11,860 shares in the last quarter. State Street Corp raised its position in shares of Great Southern Bancorp by 4.4% in the first quarter. State Street Corp now owns 193,173 shares of the financial services provider’s stock worth $7,173,000 after buying an additional 8,185 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Great Southern Bancorp by 0.9% in the second quarter. JPMorgan Chase & Co. now owns 133,573 shares of the financial services provider’s stock worth $4,938,000 after buying an additional 1,245 shares in the last quarter. 34.11% of the stock is currently owned by institutional investors and hedge funds.

About Great Southern Bancorp

Great Southern Bancorp, Inc is a bank holding company. The Company is a financial holding and parent company of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank offers banking services through its approximately 108 banking centers located in southern and central Missouri; the Kansas City, Missouri area; the St.

5 Day Chart for NASDAQ:GSBC

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