Great Southern Bancorp (NASDAQ:GSBC) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw strong trading volume on Tuesday . 24,367 shares traded hands during mid-day trading, a decline of 11% from the previous session’s volume of 27,283 shares.The stock last traded at $56.87 and had previously closed at $56.66.

Analysts Set New Price Targets

Separately, Piper Sandler reduced their price objective on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a research note on Thursday, January 23rd.

Great Southern Bancorp Stock Up 0.1 %

The stock has a market capitalization of $660.80 million, a PE ratio of 10.83 and a beta of 0.62. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average is $58.77 and its 200 day moving average is $59.56.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. As a group, analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.81%. The ex-dividend date was Monday, December 30th. Great Southern Bancorp’s payout ratio is currently 30.42%.

Insider Activity

In related news, VP Kevin L. Baker sold 5,000 shares of Great Southern Bancorp stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the sale, the vice president now owns 14 shares of the company’s stock, valued at approximately $840.28. This trade represents a 99.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 27.60% of the company’s stock.

Institutional Investors Weigh In On Great Southern Bancorp

Several institutional investors have recently bought and sold shares of GSBC. Tower Research Capital LLC TRC raised its position in shares of Great Southern Bancorp by 146.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock valued at $36,000 after buying an additional 355 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Great Southern Bancorp by 11.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 215 shares during the last quarter. Virtu Financial LLC acquired a new stake in Great Southern Bancorp in the 3rd quarter valued at about $221,000. AlphaQuest LLC purchased a new position in Great Southern Bancorp in the 4th quarter worth approximately $256,000. Finally, ExodusPoint Capital Management LP acquired a new position in shares of Great Southern Bancorp during the 4th quarter worth approximately $256,000. 41.66% of the stock is currently owned by institutional investors and hedge funds.

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.