Julie Brown Sells 851 Shares of Great Southern Bancorp (NASDAQ:GSBC) Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Julie Brown sold 851 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $81.00, for a total transaction of $68,931.00. Following the completion of the transaction, the director directly owned 7,052 shares in the company, valued at $571,212. This represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Great Southern Bancorp Stock Up 0.4%

Shares of Great Southern Bancorp stock opened at $79.12 on Friday. The company has a market cap of $862.25 million, a P/E ratio of 13.14 and a beta of 0.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a one year low of $53.76 and a one year high of $82.91. The firm has a fifty day moving average of $78.58 and a two-hundred day moving average of $70.56.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. The business had revenue of $56.87 million for the quarter, compared to the consensus estimate of $55.26 million. On average, analysts forecast that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Monday, June 29th were given a $0.43 dividend. The ex-dividend date was Monday, June 29th. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 28.57%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Keefe, Bruyette & Woods increased their target price on Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a research note on Friday, July 17th. Weiss Ratings downgraded Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Zacks Research cut Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $74.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GSBC. Russell Investments Group Ltd. lifted its position in shares of Great Southern Bancorp by 1,301.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 716 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Great Southern Bancorp during the 2nd quarter worth approximately $71,000. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Great Southern Bancorp in the 4th quarter worth approximately $77,000. Royal Bank of Canada increased its stake in Great Southern Bancorp by 24.8% in the 1st quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider’s stock valued at $83,000 after purchasing an additional 260 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in Great Southern Bancorp in the 3rd quarter valued at approximately $128,000. 41.66% of the stock is currently owned by institutional investors and hedge funds.

Great Southern Bancorp Company Profile

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.