Kevin Baker Sells 2,800 Shares of Great Southern Bancorp (NASDAQ:GSBC) Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Kevin Baker sold 2,800 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $69.96, for a total value of $195,888.00. Following the sale, the vice president owned 14 shares in the company, valued at $979.44. This represents a 99.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Great Southern Bancorp Price Performance

GSBC stock traded up $0.46 during midday trading on Wednesday, reaching $70.10. 152,826 shares of the stock were exchanged, compared to its average volume of 76,588. The stock has a market capitalization of $768.30 million, a PE ratio of 11.11 and a beta of 0.50. Great Southern Bancorp, Inc. has a 52 week low of $53.76 and a 52 week 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. The company has a fifty day moving average price of $64.26 and a 200 day moving average price of $62.26.

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

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 30th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, March 30th. Great Southern Bancorp’s payout ratio is 27.26%.

Institutional Investors Weigh In On Great Southern Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in GSBC. AQR Capital Management LLC boosted its position in shares of 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 valued at $801,000 after purchasing an additional 1,114 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Great Southern Bancorp by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock valued at $284,000 after purchasing an additional 234 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Great Southern Bancorp by 68.5% during the 1st quarter. Empowered Funds LLC now owns 13,641 shares of the financial services provider’s stock valued at $755,000 after purchasing an additional 5,546 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Great Southern Bancorp during the 1st quarter valued at about $1,146,000. Finally, Rhumbline Advisers boosted its position in shares of Great Southern Bancorp by 1.9% during the 2nd quarter. Rhumbline Advisers now owns 13,580 shares of the financial services provider’s stock valued at $798,000 after purchasing an additional 253 shares in the last quarter. Institutional investors own 41.66% of the company’s stock.

Analysts Set New Price Targets

GSBC has been the topic of a number of analyst reports. Zacks Research upgraded Great Southern Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Great Southern Bancorp in a research report on Tuesday, April 21st. Finally, Keefe, Bruyette & Woods upped their price target on Great Southern Bancorp from $63.00 to $65.00 and gave the company a “market perform” rating in a research report on Friday, April 17th. One investment 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. Based on data from MarketBeat, Great Southern Bancorp currently has an average rating of “Buy” and a consensus price target of $65.00.

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.