Great Southern Bancorp (NASDAQ:GSBC) CEO Joseph Turner Sells 6,000 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) CEO Joseph Turner sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $60.74, for a total value of $364,440.00. Following the completion of the transaction, the chief executive officer directly owned 137,382 shares of the company’s stock, valued at approximately $8,344,582.68. This represents a 4.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Great Southern Bancorp Stock Performance

NASDAQ GSBC opened at $60.71 on Wednesday. The company has a market capitalization of $679.34 million, a PE ratio of 9.79 and a beta of 0.52. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a 52-week low of $47.57 and a 52-week high of $67.70. The company has a 50-day simple moving average of $62.40 and a 200 day simple moving average of $60.79.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Wednesday, January 21st. The financial services provider reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.07. Great Southern Bancorp had a net margin of 20.70% and a return on equity of 11.40%. The firm had revenue of $56.35 million during the quarter, compared to the consensus estimate of $55.03 million. On average, research analysts predict that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Monday, December 29th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, December 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.74%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GSBC. Zacks Research upgraded Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Great Southern Bancorp in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a “market perform” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $60.50.

Institutional Trading of Great Southern Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. American Century Companies Inc. increased its position in shares of Great Southern Bancorp by 8.2% in the second quarter. American Century Companies Inc. now owns 247,179 shares of the financial services provider’s stock worth $14,529,000 after purchasing an additional 18,718 shares during the last quarter. Creative Planning lifted its position in Great Southern Bancorp by 58.2% during the second quarter. Creative Planning now owns 35,073 shares of the financial services provider’s stock valued at $2,062,000 after purchasing an additional 12,906 shares during the last quarter. AlphaQuest LLC grew its stake in Great Southern Bancorp by 179.1% in the 2nd quarter. AlphaQuest LLC now owns 7,052 shares of the financial services provider’s stock worth $415,000 after buying an additional 4,525 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Great Southern Bancorp by 25.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 50,433 shares of the financial services provider’s stock worth $2,965,000 after buying an additional 10,163 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Great Southern Bancorp by 32.5% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,925 shares of the financial services provider’s stock worth $642,000 after buying an additional 2,680 shares during the last quarter. Institutional investors own 41.66% of the company’s stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.