Great Southern Bancorp, Inc. (NASDAQ:GSBC) was downgraded by research analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a note issued to investors on Friday, MarketBeat.com reports. The analysts noted that the move was a valuation call.

Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $53.00 price objective on shares of Great Southern Bancorp in a research note on Friday, July 21st. Finally, BidaskClub cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, July 28th.

Great Southern Bancorp (NASDAQ:GSBC) traded down 0.26% during mid-day trading on Friday, hitting $56.65. 34,966 shares of the stock traded hands. The company’s 50 day moving average price is $51.21 and its 200-day moving average price is $51.13. The stock has a market cap of $795.14 million, a price-to-earnings ratio of 15.87 and a beta of 1.12. Great Southern Bancorp has a 1-year low of $38.35 and a 1-year high of $57.00.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.37. Great Southern Bancorp had a net margin of 22.84% and a return on equity of 11.62%. The firm had revenue of $53.70 million for the quarter, compared to analysts’ expectations of $49.78 million. Analysts predict that Great Southern Bancorp will post $3.61 earnings per share for the current year.

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In other Great Southern Bancorp news, Director William V. Turner sold 10,800 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $52.76, for a total transaction of $569,808.00. Following the sale, the director now owns 173,853 shares in the company, valued at approximately $9,172,484.28. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William V. Turner sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $52.73, for a total transaction of $263,650.00. Following the sale, the director now owns 173,853 shares in the company, valued at approximately $9,167,268.69. The disclosure for this sale can be found here. Insiders sold a total of 15,851 shares of company stock worth $836,004 in the last quarter. Company insiders own 23.78% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its stake in Great Southern Bancorp by 1.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 220,124 shares of the financial services provider’s stock worth $11,776,000 after acquiring an additional 3,282 shares during the period. State Street Corp raised its stake in Great Southern Bancorp by 5.5% during the 2nd quarter. State Street Corp now owns 223,346 shares of the financial services provider’s stock worth $11,949,000 after acquiring an additional 11,691 shares during the period. Voya Investment Management LLC raised its stake in Great Southern Bancorp by 9.0% during the 2nd quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock worth $420,000 after acquiring an additional 647 shares during the period. Dimensional Fund Advisors LP raised its stake in Great Southern Bancorp by 3.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 624,663 shares of the financial services provider’s stock worth $33,420,000 after acquiring an additional 22,862 shares during the period. Finally, Citadel Advisors LLC bought a new stake in Great Southern Bancorp during the 2nd quarter worth approximately $1,105,000. Institutional investors own 40.21% 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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