Great Southern Bancorp (NASDAQ:GSBC) Director Sells $68,931.00 in Stock

Key Points

• Director Julie Brown sold 851 GSBC shares at an average price of $81, generating $68,931 and reducing her stake by 10.77% to 7,052 shares.
• Great Southern Bancorp reported quarterly EPS of $1.57, beating estimates of $1.38, while revenue reached $56.87 million versus the $55.26 million consensus forecast.
• The company pays a quarterly dividend of $0.43 per share, equivalent to a 2.2% yield; analysts maintain a consensus “Hold” rating with an average price target of $74, below the stock’s reported $78.78 price.

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) Director Julie Brown sold 851 shares of the company's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $81.00, for a total transaction of $68,931.00. Following the completion of the transaction, the director owned 7,052 shares in the company, valued at approximately $571,212. This trade represents a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Great Southern Bancorp Price Performance

GSBC traded up $0.25 on Thursday, reaching $78.78. The company had a trading volume of 72,539 shares, compared to its average volume of 88,488. The business has a 50 day simple moving average of $78.44 and a 200 day simple moving average of $70.37. The company has a market cap of $858.70 million, a price-to-earnings ratio of 13.09 and a beta of 0.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a 52-week low of $53.76 and a 52-week high of $82.91.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.19. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. The business had revenue of $56.87 million during the quarter, compared to analyst estimates of $55.26 million. As a group, sell-side analysts anticipate that Great Southern Bancorp, Inc. will post 5.99 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Monday, June 29th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $1.72 annualized dividend and a yield of 2.2%. Great Southern Bancorp's payout ratio is 28.57%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Keefe, Bruyette & Woods raised their price objective on Great Southern Bancorp from $72.00 to $74.00 and gave the company a "market perform" rating in a report on Friday, July 17th. Wall Street Zen downgraded shares of Great Southern Bancorp from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th. Weiss Ratings lowered shares of Great Southern Bancorp from a "buy (b+)" rating to a "buy (b-)" rating in a report on Tuesday, August 11th. Finally, Zacks Research lowered shares of Great Southern Bancorp from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $74.00.

Institutional Investors Weigh In On Great Southern Bancorp

A number of large investors have recently added to or reduced their stakes in GSBC. Russell Investments Group Ltd. raised its stake in shares of Great Southern Bancorp by 1,301.8% during the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider's stock valued at $47,000 after acquiring an additional 716 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Great Southern Bancorp in the second quarter worth about $71,000. Sarver Vrooman Wealth Advisors purchased a new position in Great Southern Bancorp during the 4th quarter valued at about $77,000. Royal Bank of Canada increased its holdings in Great Southern Bancorp by 24.8% during the 1st quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider's stock valued at $83,000 after purchasing an additional 260 shares during the period. Finally, Quadrant Capital Group LLC bought a new position in Great Southern Bancorp during the 3rd quarter valued at approximately $128,000. Institutional investors own 41.66% of the company's stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc NASDAQ: GSBC is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank's core business activities include deposit-taking, lending and treasury management.

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