Great Southern Bancorp (NASDAQ:GSBC) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $57.45 and traded as high as $59.47. Great Southern Bancorp shares last traded at $59.18, with a volume of 47,634 shares changing hands.

Analyst Ratings Changes

GSBC has been the topic of a number of analyst reports. Keefe, Bruyette & Woods upped their price objective on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the company a "market perform" rating in a research note on Friday. Piper Sandler lowered their price objective on Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Finally, Wall Street Zen raised Great Southern Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, June 27th.

Great Southern Bancorp Stock Down 2.7%

The firm's 50 day moving average price is $58.30 and its two-hundred day moving average price is $57.46. The company has a market cap of $694.05 million, a P/E ratio of 10.31 and a beta of 0.53. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.94 and a current ratio of 0.94.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The financial services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.35. The firm had revenue of $59.18 million for the quarter, compared to analyst estimates of $55.61 million. Great Southern Bancorp had a net margin of 19.18% and a return on equity of 11.24%. Equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.40 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.60 annualized dividend and a yield of 2.64%. Great Southern Bancorp's payout ratio is currently 27.26%.

Institutional Investors Weigh In On Great Southern Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the company. Versant Capital Management Inc grew its position in Great Southern Bancorp by 81.6% in the 1st quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 217 shares during the period. Tower Research Capital LLC TRC raised its holdings in Great Southern Bancorp by 146.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock worth $36,000 after buying an additional 355 shares during the last quarter. ExodusPoint Capital Management LP bought a new position in shares of Great Southern Bancorp in the fourth quarter valued at $256,000. Squarepoint Ops LLC grew its holdings in shares of Great Southern Bancorp by 9.8% during the fourth quarter. Squarepoint Ops LLC now owns 4,620 shares of the financial services provider's stock valued at $276,000 after buying an additional 411 shares during the last quarter. Finally, Virtu Financial LLC increased its position in shares of Great Southern Bancorp by 20.3% during the fourth quarter. Virtu Financial LLC now owns 4,637 shares of the financial services provider's stock worth $277,000 after acquiring an additional 782 shares in the last quarter. Institutional investors own 41.66% of the company's stock.

About Great Southern Bancorp

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.