Great Southern Bancorp (NASDAQ:GSBC) Share Price Passes Above 200 Day Moving Average of $53.27

Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $53.27 and traded as high as $54.24. Great Southern Bancorp shares last traded at $53.86, with a volume of 24,606 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on GSBC shares. Keefe, Bruyette & Woods reduced their target price on shares of Great Southern Bancorp from $59.00 to $58.00 and set a "market perform" rating on the stock in a report on Thursday, January 25th. Piper Sandler cut their price objective on Great Southern Bancorp from $58.00 to $57.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 24th.

Great Southern Bancorp Stock Performance

The stock has a market cap of $611.22 million, a price-to-earnings ratio of 10.44 and a beta of 0.65. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.94 and a current ratio of 0.94. The company's 50 day simple moving average is $52.19 and its 200 day simple moving average is $53.27.

Great Southern Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 16th. Shareholders of record on Tuesday, April 2nd were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.05%. The ex-dividend date was Monday, April 1st. Great Southern Bancorp's payout ratio is 31.43%.

Insiders Place Their Bets

In related news, VP Kevin L. Baker sold 625 shares of the firm's stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $53.60, for a total transaction of $33,500.00. Following the completion of the sale, the vice president now directly owns 13 shares in the company, valued at $696.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 27.73% of the company's stock.

Hedge Funds Weigh In On Great Southern Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in Great Southern Bancorp in the third quarter valued at about $218,000. BNP Paribas Financial Markets lifted its stake in Great Southern Bancorp by 79.2% in the first quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider's stock valued at $248,000 after buying an additional 2,002 shares in the last quarter. Commerce Bank lifted its stake in Great Southern Bancorp by 5.1% in the fourth quarter. Commerce Bank now owns 8,230 shares of the financial services provider's stock valued at $488,000 after buying an additional 400 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Great Southern Bancorp by 43.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,452 shares of the financial services provider's stock worth $502,000 after purchasing an additional 2,541 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its position in shares of Great Southern Bancorp by 19.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 8,726 shares of the financial services provider's stock worth $518,000 after purchasing an additional 1,401 shares in the last quarter. 41.66% of the stock is owned by institutional investors.

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.