Insider Selling: Great Southern Bancorp (NASDAQ:GSBC) Director Sells $358,200.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William Turner sold 6,000 shares of the stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $59.70, for a total transaction of $358,200.00. Following the sale, the director owned 199,112 shares of the company’s stock, valued at $11,886,986.40. This trade represents a 2.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Great Southern Bancorp Stock Performance

Shares of GSBC stock opened at $61.38 on Friday. The stock’s 50-day moving average price is $62.56 and its 200 day moving average price is $60.79. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $686.84 million, a PE ratio of 9.90 and a beta of 0.52. Great Southern Bancorp, Inc. has a 52-week low of $47.57 and a 52-week high of $67.70.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Wednesday, January 21st. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.07. The company had revenue of $56.35 million for the quarter, compared to the consensus estimate of $55.03 million. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%. As a group, equities research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Monday, December 29th were given a dividend of $0.43 per share. The ex-dividend date was Monday, December 29th. This represents a $1.72 dividend on an annualized basis and a yield of 2.8%. Great Southern Bancorp’s dividend payout ratio is presently 27.74%.

Institutional Investors Weigh In On Great Southern Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank raised its holdings in Great Southern Bancorp by 5.0% during the fourth quarter. Comerica Bank now owns 4,149 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 198 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Great Southern Bancorp by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after buying an additional 234 shares during the last quarter. Wedge Capital Management L L P NC boosted its position in shares of Great Southern Bancorp by 1.8% in the 3rd quarter. Wedge Capital Management L L P NC now owns 13,444 shares of the financial services provider’s stock worth $823,000 after buying an additional 236 shares in the last quarter. Rhumbline Advisers grew its stake in Great Southern Bancorp by 1.9% in the 2nd quarter. Rhumbline Advisers now owns 13,580 shares of the financial services provider’s stock valued at $798,000 after acquiring an additional 253 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in Great Southern Bancorp by 2.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 10,857 shares of the financial services provider’s stock valued at $665,000 after acquiring an additional 276 shares during the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GSBC shares. Zacks Research raised shares of Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Keefe, Bruyette & Woods lifted their price objective on Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Great Southern Bancorp in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $60.50.

About Great Southern Bancorp

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.