Insider Selling: 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 the company’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $63.19, for a total value of $379,140.00. Following the transaction, the director now owns 214,532 shares in the company, valued at approximately $13,556,277.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Great Southern Bancorp Trading Down 2.4 %

Shares of NASDAQ GSBC opened at $58.11 on Friday. Great Southern Bancorp, Inc. has a 1 year low of $45.66 and a 1 year high of $65.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a 50-day moving average of $55.83 and a 200 day moving average of $53.61. The stock has a market cap of $677.56 million, a P/E ratio of 11.42 and a beta of 0.64.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.25. The firm had revenue of $90.76 million during the quarter, compared to the consensus estimate of $53.75 million. Great Southern Bancorp had a return on equity of 10.68% and a net margin of 17.42%. During the same period last year, the company earned $1.52 earnings per share. As a group, sell-side analysts expect that Great Southern Bancorp, Inc. will post 5.09 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 16th. Shareholders of record on Monday, July 1st were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.60 annualized dividend and a yield of 2.75%. Great Southern Bancorp’s dividend payout ratio is 31.43%.

Analysts Set New Price Targets

Separately, Piper Sandler upped their price target on Great Southern Bancorp from $53.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, July 18th.

Institutional Investors Weigh In On Great Southern Bancorp

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Great Southern Bancorp by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 522,676 shares of the financial services provider’s stock valued at $25,047,000 after buying an additional 3,758 shares during the last quarter. Wedge Capital Management L L P NC increased its position in Great Southern Bancorp by 19.1% during the fourth quarter. Wedge Capital Management L L P NC now owns 8,726 shares of the financial services provider’s stock valued at $518,000 after acquiring an additional 1,401 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Great Southern Bancorp by 43.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,452 shares of the financial services provider’s stock valued at $502,000 after acquiring an additional 2,541 shares during the period. Commerce Bank lifted its holdings in Great Southern Bancorp by 5.1% in the fourth quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock valued at $488,000 after acquiring an additional 400 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its position in Great Southern Bancorp by 11.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 150,742 shares of the financial services provider’s stock worth $8,264,000 after purchasing an additional 15,941 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors.

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.