Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells $379,140.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $63.19, for a total transaction of $379,140.00. Following the sale, the director now directly owns 214,532 shares in the company, valued at approximately $13,556,277.08. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Great Southern Bancorp Stock Down 4.9 %

Shares of GSBC traded down $3.07 during midday trading on Thursday, hitting $59.54. The company had a trading volume of 36,143 shares, compared to its average volume of 28,730. The stock has a market cap of $694.24 million, a price-to-earnings ratio of 12.30 and a beta of 0.64. The company’s 50 day moving average price is $55.36 and its 200 day moving average price is $53.51. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. Great Southern Bancorp, Inc. has a 52 week low of $45.66 and a 52 week high of $65.90.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Tuesday, July 16th. The financial services provider reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.25. Great Southern Bancorp had a return on equity of 10.68% and a net margin of 17.42%. The company had revenue of $90.76 million for the quarter, compared to the consensus estimate of $53.75 million. During the same quarter last year, the business posted $1.52 EPS. On average, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.09 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 16th. Stockholders of record on Monday, July 1st were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.69%. Great Southern Bancorp’s payout ratio is currently 31.43%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Gradient Investments LLC bought a new position in Great Southern Bancorp in the second quarter worth about $40,000. EntryPoint Capital LLC raised its position in shares of Great Southern Bancorp by 130.5% during the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 543 shares during the period. SG Americas Securities LLC bought a new stake in shares of Great Southern Bancorp in the 2nd quarter worth approximately $159,000. Comerica Bank acquired a new position in Great Southern Bancorp during the 1st quarter valued at approximately $173,000. Finally, EMC Capital Management grew its stake in Great Southern Bancorp by 33.4% during the 1st quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $246,000 after buying an additional 1,123 shares during the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Piper Sandler upped their target price on Great Southern Bancorp from $53.00 to $64.00 and gave the company a “neutral” rating in a research report on Thursday, July 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.