Insider Selling: Great Southern Bancorp (NASDAQ:GSBC) Director Sells 2,000 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Thomas Carlson sold 2,000 shares of the company’s stock in a transaction 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 filing with the Securities & Exchange Commission, which is available through this hyperlink.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC traded up $1.39 during mid-day trading on Thursday, hitting $60.88. 63,098 shares of the company traded hands, compared to its average volume of 59,089. Great Southern Bancorp, Inc. has a one year low of $47.57 and a one year high of $67.70. 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 firm has a market cap of $681.19 million, a price-to-earnings ratio of 9.82 and a beta of 0.52. The stock’s fifty day moving average price is $62.44 and its 200-day moving average price is $60.78.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly 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 net margin of 20.70% and a return on equity of 11.40%. The business had revenue of $56.35 million for the quarter, compared to the consensus estimate of $55.03 million. Research analysts anticipate 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 given a dividend of $0.43 per share. The ex-dividend date was Monday, December 29th. This represents a $1.72 annualized dividend and a dividend yield of 2.8%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.74%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GSBC. Keefe, Bruyette & Woods upped their target price on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a “market perform” rating in a research report on Friday, January 23rd. Zacks Research raised Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Great Southern Bancorp in a research note 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $60.50.

Institutional Trading of Great Southern Bancorp

A number of institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. boosted its position in shares of Great Southern Bancorp by 9.8% during the third quarter. American Century Companies Inc. now owns 271,310 shares of the financial services provider’s stock valued at $16,618,000 after buying an additional 24,131 shares during the period. Thrivent Financial for Lutherans lifted its holdings in Great Southern Bancorp by 1.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 51,169 shares of the financial services provider’s stock valued at $3,134,000 after buying an additional 736 shares in the last quarter. Two Sigma Investments LP boosted its position in Great Southern Bancorp by 177.7% in the 3rd quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock valued at $2,954,000 after buying an additional 30,863 shares during the period. Creative Planning grew its stake in Great Southern Bancorp by 20.6% in the 3rd quarter. Creative Planning now owns 42,281 shares of the financial services provider’s stock worth $2,590,000 after acquiring an additional 7,208 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in shares of Great Southern Bancorp by 121.5% during the third quarter. Bridgeway Capital Management LLC now owns 39,757 shares of the financial services provider’s stock valued at $2,435,000 after acquiring an additional 21,806 shares in the last quarter. 41.66% of the stock is currently owned by institutional investors.

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.