Great Southern Bancorp (NASDAQ:GSBC) Rating Lowered to Sell at Wall Street Zen

Great Southern Bancorp (NASDAQ:GSBC) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday, Wall Street Zen reports.

A number of other research firms also recently weighed in on GSBC. Weiss Ratings upgraded shares of Great Southern Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Keefe, Bruyette & Woods boosted their price target on Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $74.00.

Great Southern Bancorp Price Performance

Shares of Great Southern Bancorp stock opened at $81.48 on Friday. Great Southern Bancorp has a twelve month low of $53.76 and a twelve month high of $82.91. 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 company has a 50-day simple moving average of $78.79 and a two-hundred day simple moving average of $71.72. The stock has a market capitalization of $888.13 million, a price-to-earnings ratio of 14.22 and a beta of 0.50.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. Great Southern Bancorp had a net margin of 19.85% and a return on equity of 10.62%. The firm had revenue of $57.74 million during the quarter, compared to the consensus estimate of $56.08 million. Analysts forecast that Great Southern Bancorp will post 5.99 EPS for the current year.

Insider Buying and Selling

In related news, Director Julie Brown sold 851 shares of the company’s stock in a transaction dated 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 sale, the director owned 7,052 shares of the company’s stock, valued at $571,212. This represents a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 29.75% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Great Southern Bancorp

Large investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC increased its holdings in Great Southern Bancorp by 217.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 480 shares of the financial services provider’s stock valued at $37,000 after buying an additional 329 shares during the period. Quantbot Technologies LP bought a new stake in shares of Great Southern Bancorp during the 2nd quarter worth approximately $71,000. Royal Bank of Canada lifted its holdings in shares of Great Southern Bancorp by 24.8% during the 1st quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider’s stock worth $83,000 after acquiring an additional 260 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Great Southern Bancorp during the 2nd quarter worth approximately $216,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Great Southern Bancorp during the 2nd quarter worth approximately $229,000. 41.66% of the stock is currently owned by institutional investors and hedge funds.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is the bank holding company for Great Southern Bank, a full-service financial institution headquartered in Springfield, Missouri. The company provides banking and financial services to individuals, families, businesses and institutions through a network of banking centers and other delivery channels.

Great Southern Bank offers deposit products, residential and commercial real estate lending, construction and development financing, commercial business loans, consumer loans and mortgage services.