Great Southern Bancorp, Inc. (GSBC) Stock Rating Reaffirmed by Keefe, Bruyette & Woods
Great Southern Bancorp, Inc. (NASDAQ:GSBC)‘s stock had its “hold” rating reiterated by Keefe, Bruyette & Woods in a report issued on Friday. They currently have a $53.00 target price on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 0.66% from the stock’s current price.
Separately, Zacks Investment Research raised Great Southern Bancorp from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research report on Wednesday, June 21st.
Great Southern Bancorp (NASDAQ GSBC) traded down 0.66% on Friday, hitting $52.65. The company had a trading volume of 32,525 shares. Great Southern Bancorp has a one year low of $38.35 and a one year high of $56.70. The stock has a market capitalization of $738.84 million, a PE ratio of 15.86 and a beta of 1.10. The stock has a 50 day moving average of $52.68 and a 200-day moving average of $51.03.
Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Wednesday, July 19th. The financial services provider reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.37. The company had revenue of $53.70 million during the quarter, compared to the consensus estimate of $49.78 million. Great Southern Bancorp had a return on equity of 11.78% and a net margin of 22.84%. Equities analysts anticipate that Great Southern Bancorp will post $3.39 EPS for the current year.
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In other news, VP Linton J. Thomason sold 1,900 shares of Great Southern Bancorp stock in a transaction dated Tuesday, April 25th. The stock was sold at an average price of $52.27, for a total value of $99,313.00. Following the transaction, the vice president now owns 9,027 shares in the company, valued at $471,841.29. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Steven G. Mitchem sold 10,500 shares of Great Southern Bancorp stock in a transaction dated Tuesday, April 25th. The stock was sold at an average price of $52.49, for a total value of $551,145.00. Following the completion of the transaction, the insider now owns 60,875 shares in the company, valued at approximately $3,195,328.75. The disclosure for this sale can be found here. Insiders have sold 14,725 shares of company stock valued at $773,869 in the last three months. 23.78% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE increased its position in shares of Great Southern Bancorp by 1,927.7% in the second quarter. US Bancorp DE now owns 18,006 shares of the financial services provider’s stock worth $964,000 after buying an additional 17,118 shares in the last quarter. Aperio Group LLC purchased a new position in Great Southern Bancorp during the second quarter worth $274,000. Goldman Sachs Group Inc. increased its position in Great Southern Bancorp by 1.5% in the first quarter. Goldman Sachs Group Inc. now owns 16,835 shares of the financial services provider’s stock worth $851,000 after buying an additional 241 shares during the period. AQR Capital Management LLC increased its position in Great Southern Bancorp by 23.1% in the first quarter. AQR Capital Management LLC now owns 63,916 shares of the financial services provider’s stock worth $3,228,000 after buying an additional 12,014 shares during the period. Finally, Bank of America Corp DE increased its position in Great Southern Bancorp by 4.9% in the first quarter. Bank of America Corp DE now owns 3,254 shares of the financial services provider’s stock worth $164,000 after buying an additional 152 shares during the period. Hedge funds and other institutional investors own 39.68% of the company’s stock.
Great Southern Bancorp Company Profile
Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent 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 makes long-term, fixed-rate residential real estate loans.
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