Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells $378,360.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $63.06, for a total value of $378,360.00. Following the sale, the director now directly owns 210,112 shares of the company’s stock, valued at approximately $13,249,662.72. This represents a 2.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Great Southern Bancorp Stock Performance

Shares of GSBC stock traded down $0.39 on Friday, hitting $62.88. The company had a trading volume of 6,229 shares, compared to its average volume of 27,186. Great Southern Bancorp, Inc. has a twelve month low of $48.19 and a twelve month high of $68.01. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. The firm has a market cap of $734.44 million, a P/E ratio of 12.41 and a beta of 0.62. The company has a 50-day moving average price of $58.13 and a 200-day moving average price of $56.43.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.15. The company had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. During the same period in the previous year, the company posted $1.33 earnings per share. As a group, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.40 per share. The ex-dividend date was Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 2.54%. Great Southern Bancorp’s dividend payout ratio is presently 31.37%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GSBC. Gradient Investments LLC acquired a new position in shares of Great Southern Bancorp during the second quarter valued at approximately $40,000. EntryPoint Capital LLC raised its stake in shares of Great Southern Bancorp by 130.5% in the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 543 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Great Southern Bancorp by 11.3% during the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock worth $121,000 after buying an additional 215 shares during the period. SG Americas Securities LLC purchased a new position in Great Southern Bancorp during the 2nd quarter valued at about $159,000. Finally, Comerica Bank purchased a new position in shares of Great Southern Bancorp in the first quarter valued at approximately $173,000. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Analysts Set New Price Targets

Separately, Piper Sandler dropped their price objective on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, October 18th.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.