Insider Selling: Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Sells 2,074 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Mark A. Maples sold 2,074 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Great Southern Bancorp Trading Up 0.3 %

Shares of NASDAQ:GSBC traded up $0.17 during trading on Friday, reaching $63.83. 6,261 shares of the stock were exchanged, compared to its average volume of 27,084. The firm’s 50-day moving average price is $57.61 and its 200 day moving average price is $56.07. The firm has a market cap of $745.41 million, a price-to-earnings ratio of 12.52 and a beta of 0.62. Great Southern Bancorp, Inc. has a 12-month low of $48.19 and a 12-month high of $68.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 0.92.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.15. The company had revenue of $90.79 million for the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a return on equity of 10.56% and a net margin of 17.21%. During the same quarter in the previous year, the firm posted $1.33 earnings per share. On average, sell-side analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 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, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend was Monday, September 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 31.37%.

Institutional Investors Weigh In On Great Southern Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of GSBC. Vanguard Group Inc. increased its holdings in Great Southern Bancorp by 11.5% in the first quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock valued at $30,920,000 after buying an additional 58,041 shares during the last quarter. Comerica Bank acquired a new stake in shares of Great Southern Bancorp during the 1st quarter valued at approximately $173,000. American Century Companies Inc. lifted its stake in Great Southern Bancorp by 15.6% during the second quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock worth $9,660,000 after purchasing an additional 23,401 shares during the last quarter. Creative Planning boosted its holdings in Great Southern Bancorp by 45.7% in the second quarter. Creative Planning now owns 15,209 shares of the financial services provider’s stock worth $846,000 after purchasing an additional 4,772 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Great Southern Bancorp in the 2nd quarter worth about $159,000. Institutional investors own 41.66% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Great Southern Bancorp

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.