Insider Selling: Great Southern Bancorp (NASDAQ:GSBC) VP Sells $168,975.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP John Bugh sold 2,500 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $67.59, for a total transaction of $168,975.00. Following the transaction, the vice president owned 1,790 shares in the company, valued at $120,986.10. This trade represents a 58.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Great Southern Bancorp Price Performance

Shares of GSBC stock opened at $66.89 on Friday. The firm has a fifty day moving average of $63.80 and a two-hundred day moving average of $61.96. The firm has a market cap of $733.11 million, a P/E ratio of 10.60 and a beta of 0.46. Great Southern Bancorp, Inc. has a 1-year low of $53.60 and a 1-year high of $70.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.31. The business had revenue of $55.36 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.31%. As a group, research analysts anticipate that Great Southern Bancorp, Inc. will post 5.84 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Monday, March 30th were given a $0.43 dividend. The ex-dividend date was Monday, March 30th. This represents a $1.72 annualized dividend and a dividend yield of 2.6%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 27.26%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new stake in shares of Great Southern Bancorp in the third quarter valued at approximately $27,000. Russell Investments Group Ltd. raised its holdings in shares of Great Southern Bancorp by 1,301.8% during the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after buying an additional 716 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new position in shares of Great Southern Bancorp during the fourth quarter worth approximately $77,000. Quadrant Capital Group LLC acquired a new position in shares of Great Southern Bancorp during the third quarter worth approximately $128,000. Finally, CWM LLC grew its holdings in Great Southern Bancorp by 224.7% in the 3rd quarter. CWM LLC now owns 2,789 shares of the financial services provider’s stock worth $171,000 after buying an additional 1,930 shares in the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on GSBC shares. Keefe, Bruyette & Woods increased their target price on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the stock a “market perform” rating in a report on Friday, April 17th. Zacks Research raised Great Southern Bancorp from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Great Southern Bancorp in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $65.00.

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.