Great Southern Bancorp (NASDAQ:GSBC) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Great Southern Bancorp (NASDAQ:GSBC - Free Report) from a sell rating to a hold rating in a research note published on Friday morning.

A number of other research analysts also recently commented on GSBC. Piper Sandler dropped their price objective 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 dropped their price target on Great Southern Bancorp from $63.00 to $61.00 and set a "market perform" rating on the stock in a research note on Monday, April 21st.

Great Southern Bancorp Stock Down 0.9%

NASDAQ GSBC traded down $0.56 during trading hours on Friday, hitting $58.78. 128,722 shares of the company were exchanged, compared to its average volume of 33,673. The company has a 50 day moving average of $56.68 and a two-hundred day moving average of $57.50. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.16. Great Southern Bancorp has a 52-week low of $47.57 and a 52-week high of $68.02. The firm has a market cap of $674.21 million, a price-to-earnings ratio of 10.50 and a beta of 0.52.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. Great Southern Bancorp had a return on equity of 10.95% and a net margin of 18.32%. The company had revenue of $55.92 million for the quarter, compared to the consensus estimate of $55.53 million. Equities research analysts anticipate that Great Southern Bancorp will post 5.24 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, June 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.72%. Great Southern Bancorp's payout ratio is 28.57%.

Institutional Trading of Great Southern Bancorp

A number of hedge funds have recently added to or reduced their stakes in GSBC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Great Southern Bancorp by 4.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the financial services provider's stock valued at $293,000 after buying an additional 200 shares during the period. Versant Capital Management Inc lifted its holdings in shares of 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 buying an additional 217 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Great Southern Bancorp by 1.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,455 shares of the financial services provider's stock valued at $1,102,000 after buying an additional 349 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Great Southern Bancorp by 146.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock valued at $36,000 after buying an additional 355 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Great Southern Bancorp by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider's stock valued at $4,263,000 after buying an additional 363 shares during the period. 41.66% of the stock is owned by institutional investors and hedge funds.

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.