Wall Street Zen Upgrades Great Southern Bancorp (NASDAQ:GSBC) to “Hold”

Great Southern Bancorp (NASDAQ:GSBC) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Other equities analysts have also recently issued reports about the company. Keefe, Bruyette & Woods dropped their price objective on Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating for the company in a report on Monday, April 21st. Piper Sandler reduced their price objective on Great Southern Bancorp from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Monday, April 21st.

Great Southern Bancorp Stock Down 0.0%

GSBC stock opened at $59.34 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average price of $56.68 and a two-hundred day moving average price of $57.56. The company has a market cap of $680.63 million, a price-to-earnings ratio of 10.60 and a beta of 0.52. Great Southern Bancorp has a twelve month low of $47.57 and a twelve month high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. The firm had revenue of $55.92 million during the quarter, compared to analysts’ expectations of $55.53 million. Great Southern Bancorp had a net margin of 18.32% and a return on equity of 10.95%. Analysts anticipate that Great Southern Bancorp will post 5.24 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in GSBC. Dimensional Fund Advisors LP raised its stake in Great Southern Bancorp by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 731,380 shares of the financial services provider’s stock worth $43,664,000 after buying an additional 3,019 shares during the period. American Century Companies Inc. raised its stake in shares of Great Southern Bancorp by 9.7% in the first quarter. American Century Companies Inc. now owns 228,461 shares of the financial services provider’s stock worth $12,650,000 after purchasing an additional 20,248 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Great Southern Bancorp by 9.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 166,293 shares of the financial services provider’s stock worth $9,208,000 after purchasing an additional 14,327 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Great Southern Bancorp by 69.2% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 106,190 shares of the financial services provider’s stock worth $5,880,000 after purchasing an additional 43,430 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Great Southern Bancorp by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider’s stock worth $4,263,000 after purchasing an additional 363 shares during the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.