Great Southern Bancorp (NASDAQ:GSBC) Cut to "Sell" at Wall Street Zen

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a note issued to investors on Friday.

A number of other equities research analysts have also recently commented on the company. Piper Sandler decreased their price target on Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. Keefe, Bruyette & Woods decreased their price target on Great Southern Bancorp from $63.00 to $61.00 and set a "market perform" rating on the stock in a report on Monday, April 21st.

Great Southern Bancorp Stock Performance

Great Southern Bancorp stock traded up $1.10 during trading on Friday, reaching $56.86. The company had a trading volume of 43,538 shares, compared to its average volume of 30,156. Great Southern Bancorp has a 52 week low of $47.57 and a 52 week high of $68.02. The firm's 50-day simple moving average is $55.19 and its 200 day simple moving average is $58.34. The firm has a market capitalization of $652.07 million, a price-to-earnings ratio of 10.81 and a beta of 0.52. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.21. The business had revenue of $55.92 million for the quarter, compared to analysts' expectations of $55.53 million. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. Sell-side analysts forecast that Great Southern Bancorp will post 5.24 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Proficio Capital Partners LLC purchased a new position in shares of Great Southern Bancorp during the fourth quarter valued at about $966,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Great Southern Bancorp during the fourth quarter valued at about $570,000. Hsbc Holdings PLC purchased a new position in shares of Great Southern Bancorp during the fourth quarter valued at about $361,000. American Century Companies Inc. grew its position in shares of Great Southern Bancorp by 8.1% during the fourth quarter. American Century Companies Inc. now owns 208,213 shares of the financial services provider's stock valued at $12,430,000 after purchasing an additional 15,557 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Great Southern Bancorp by 83.3% during the fourth quarter. JPMorgan Chase & Co. now owns 34,416 shares of the financial services provider's stock valued at $2,055,000 after purchasing an additional 15,637 shares in the last quarter. 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.

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