Great Southern Bancorp (GSBC) Upgraded at BidaskClub

Great Southern Bancorp (NASDAQ:GSBC) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Friday.

A number of other brokerages have also weighed in on GSBC. Sandler O’Neill lowered Great Southern Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. They noted that the move was a valuation call. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $52.00 price objective on shares of Great Southern Bancorp in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th.

Shares of Great Southern Bancorp (NASDAQ GSBC) traded down $0.70 during mid-day trading on Friday, hitting $51.95. The stock had a trading volume of 11,730 shares, compared to its average volume of 16,662. The company has a market cap of $741.71, a price-to-earnings ratio of 14.31 and a beta of 1.03. Great Southern Bancorp has a 12-month low of $47.25 and a 12-month high of $58.45. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.59.

In other news, VP Douglas W. Marrs sold 625 shares of Great Southern Bancorp stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $55.95, for a total value of $34,968.75. Following the sale, the vice president now directly owns 2,531 shares in the company, valued at approximately $141,609.45. The sale was disclosed in a filing with the SEC, which is available through this link. 23.78% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Great Southern Bancorp in the 3rd quarter valued at approximately $104,000. Voya Investment Management LLC lifted its stake in shares of Great Southern Bancorp by 9.0% in the 2nd quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock valued at $420,000 after purchasing an additional 647 shares during the period. Allianz Asset Management GmbH lifted its stake in shares of Great Southern Bancorp by 15.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 8,478 shares of the financial services provider’s stock valued at $472,000 after purchasing an additional 1,111 shares during the period. Aviance Capital Partners LLC lifted its stake in shares of Great Southern Bancorp by 64.0% in the 3rd quarter. Aviance Capital Partners LLC now owns 14,315 shares of the financial services provider’s stock valued at $797,000 after purchasing an additional 5,586 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its stake in shares of Great Southern Bancorp by 7.3% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 15,175 shares of the financial services provider’s stock valued at $812,000 after purchasing an additional 1,038 shares during the period. Institutional investors own 40.91% of the company’s stock.

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About Great Southern Bancorp

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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