Insider Selling: Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells 6,000 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner sold 6,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $63.06, for a total transaction of $378,360.00. Following the sale, the director now owns 210,112 shares in the company, valued at $13,249,662.72. This represents a 2.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Great Southern Bancorp Stock Up 0.0 %

Shares of GSBC opened at $63.30 on Friday. 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, Inc. has a 52-week low of $48.19 and a 52-week high of $68.01. The company has a market cap of $739.34 million, a PE ratio of 12.41 and a beta of 0.62. The business has a fifty day moving average of $58.27 and a 200 day moving average of $56.51.

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, topping analysts’ consensus estimates 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 analysts’ expectations of $54.75 million. During the same period in the previous year, the company earned $1.33 EPS. On average, sell-side analysts expect that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.40 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.53%. Great Southern Bancorp’s payout ratio is 31.37%.

Analyst Ratings Changes

Separately, Piper Sandler reduced their price objective on 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.

Hedge Funds Weigh In On Great Southern Bancorp

A number of large investors have recently bought and sold shares of GSBC. Gradient Investments LLC purchased a new stake in Great Southern Bancorp in the second quarter worth $40,000. EntryPoint Capital LLC increased its stake in Great Southern Bancorp by 130.5% in the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after buying an additional 543 shares during the period. BNP Paribas Financial Markets increased its stake 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 worth $121,000 after buying an additional 215 shares during the period. SG Americas Securities LLC bought a new stake in Great Southern Bancorp during the 2nd quarter valued at about $159,000. Finally, Comerica Bank purchased a new stake in Great Southern Bancorp in the 1st quarter valued at about $173,000. Hedge funds and other institutional investors own 41.66% of the company’s stock.

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.