Thomas Carlson Sells 2,000 Shares of Great Southern Bancorp (NASDAQ:GSBC) Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Thomas Carlson sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $59.89, for a total value of $119,780.00. Following the completion of the sale, the director owned 100 shares of the company’s stock, valued at $5,989. This trade represents a 95.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Great Southern Bancorp Stock Up 0.8%

Shares of GSBC stock opened at $61.38 on Friday. Great Southern Bancorp, Inc. has a 1 year low of $47.57 and a 1 year high of $67.70. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The business’s fifty day moving average is $62.56 and its 200-day moving average is $60.78. The stock has a market cap of $686.84 million, a PE ratio of 9.90 and a beta of 0.52.

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. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%.The business had revenue of $56.35 million during the quarter, compared to analysts’ expectations of $55.03 million. Equities analysts expect that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC boosted its position in Great Southern Bancorp by 8.3% during the 1st quarter. AQR Capital Management LLC now owns 14,466 shares of the financial services provider’s stock worth $801,000 after acquiring an additional 1,114 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Great Southern Bancorp by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after purchasing an additional 234 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Great Southern Bancorp by 68.5% during the first quarter. Empowered Funds LLC now owns 13,641 shares of the financial services provider’s stock worth $755,000 after purchasing an additional 5,546 shares during the period. Jane Street Group LLC purchased a new position in Great Southern Bancorp during the first quarter valued at approximately $1,146,000. Finally, CWM LLC grew its position in Great Southern Bancorp by 150.4% during the second quarter. CWM LLC now owns 859 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 516 shares in the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.

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.