Great Southern Bancorp (NASDAQ:GSBC) Shares Cross Above Two Hundred Day Moving Average of $53.27

Great Southern Bancorp, Inc. (NASDAQ:GSBC)’s stock price crossed 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 traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating for the company in a report on Thursday, January 25th. Piper Sandler decreased their price target on shares of Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th.

Great Southern Bancorp Trading Up 0.2 %

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 stock has a market capitalization of $628.01 million, a PE ratio of 10.58 and a beta of 0.65. The business’s 50-day moving average is $52.19 and its two-hundred day moving average is $53.27.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 16th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.60 annualized dividend and a yield of 2.97%. Great Southern Bancorp’s dividend payout ratio is currently 31.43%.

Insider Activity at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 625 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $53.60, for a total transaction of $33,500.00. Following the completion of the transaction, the vice president now directly owns 13 shares of the company’s stock, valued at approximately $696.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 27.73% of the stock is owned by insiders.

Hedge Funds Weigh In On Great Southern Bancorp

A number of large investors have recently made changes to their positions in GSBC. SG Americas Securities LLC acquired a new position in Great Southern Bancorp during the third quarter worth about $218,000. BNP Paribas Financial Markets grew its holdings in shares of Great Southern Bancorp by 79.2% in the 1st quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider’s stock worth $248,000 after acquiring an additional 2,002 shares during the period. Commerce Bank grew its holdings in shares of Great Southern Bancorp by 5.1% in the 4th quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock worth $488,000 after acquiring an additional 400 shares during the period. Janney Montgomery Scott LLC raised its holdings in Great Southern Bancorp by 43.0% during 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 during the last quarter. Finally, Wedge Capital Management L L P NC boosted its position in Great Southern Bancorp by 19.1% during 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. Hedge funds and other 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.