Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Update

Great Southern Bancorp, Inc. (NASDAQ:GSBC) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 134,500 shares, a decline of 13.1% from the December 15th total of 154,700 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily volume of 28,200 shares, the short-interest ratio is currently 4.8 days.

Insider Transactions at Great Southern Bancorp

In other news, Director Julie A. Brown sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $61.05, for a total transaction of $152,625.00. Following the sale, the director now owns 32,896 shares of the company’s stock, valued at approximately $2,008,300.80. This trade represents a 7.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total value of $399,780.00. Following the completion of the transaction, the chief executive officer now directly owns 137,382 shares of the company’s stock, valued at $9,153,762.66. This trade represents a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 19,174 shares of company stock valued at $1,235,009. Insiders own 27.60% of the company’s stock.

Hedge Funds Weigh In On Great Southern Bancorp

Several institutional investors have recently added to or reduced their stakes in GSBC. BNP Paribas Financial Markets increased its stake 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 acquiring an additional 215 shares during the period. Virtu Financial LLC acquired a new position in Great Southern Bancorp during the 3rd quarter worth approximately $221,000. SG Americas Securities LLC raised its stake in shares of Great Southern Bancorp by 48.9% during the 3rd quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider’s stock worth $244,000 after buying an additional 1,398 shares in the last quarter. PDT Partners LLC lifted its holdings in shares of Great Southern Bancorp by 33.1% in the 3rd quarter. PDT Partners LLC now owns 8,485 shares of the financial services provider’s stock valued at $486,000 after buying an additional 2,108 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Great Southern Bancorp by 4.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 10,235 shares of the financial services provider’s stock valued at $611,000 after buying an additional 391 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Analyst Ratings Changes

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.

Great Southern Bancorp Stock Performance

GSBC traded up $0.55 during trading on Friday, hitting $60.42. 22,009 shares of the stock were exchanged, compared to its average volume of 29,381. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp has a 1-year low of $48.19 and a 1-year high of $68.01. The stock has a fifty day moving average price of $62.12 and a two-hundred day moving average price of $59.47. The firm has a market capitalization of $705.40 million, a P/E ratio of 11.85 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. The firm had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. During the same quarter in the prior year, the firm earned $1.33 EPS. As a group, sell-side analysts predict that Great Southern Bancorp will post 5.3 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, December 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.65%. Great Southern Bancorp’s dividend payout ratio (DPR) is 31.37%.

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.