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

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) shares passed 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.

Wall Street Analyst Weigh In

GSBC has been the subject of a number of recent analyst reports. Piper Sandler decreased their price target on Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating for the company in a report on Monday, April 21st. Keefe, Bruyette & Woods raised their price target on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a "market perform" rating in a research note on Friday. Finally, Wall Street Zen upgraded shares of 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 company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $694.05 million, a PE ratio of 10.31 and a beta of 0.53. The company's fifty day simple moving average is $58.23 and its 200 day simple moving average is $57.47.

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

Great Southern Bancorp Announces Dividend

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

Institutional Investors Weigh In On Great Southern Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GSBC. Charles Schwab Investment Management Inc. grew its stake in shares of Great Southern Bancorp by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider's stock worth $4,263,000 after acquiring an additional 363 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Great Southern Bancorp in the fourth quarter valued at approximately $966,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Great Southern Bancorp in the fourth quarter worth about $570,000. Thrivent Financial for Lutherans increased its stake in shares of Great Southern Bancorp by 1.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 35,654 shares of the financial services provider's stock worth $2,128,000 after acquiring an additional 660 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Great Southern Bancorp during the 4th quarter valued at approximately $691,000. 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.