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

Great Southern Bancorp, Inc. (NASDAQ:GSBC) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $61.47 and traded as high as $62.99. Great Southern Bancorp shares last traded at $62.75, with a volume of 49,898 shares trading hands.

Analyst Upgrades and Downgrades

GSBC has been the subject of several recent research reports. Keefe, Bruyette & Woods boosted 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. Weiss Ratings restated a “buy (b-)” rating on shares of Great Southern Bancorp in a report on Monday, December 29th. Finally, Zacks Research raised shares of Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $60.50.

Great Southern Bancorp Trading Up 0.7%

The stock has a market capitalization of $687.74 million, a price-to-earnings ratio of 10.12 and a beta of 0.51. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average of $62.62 and a two-hundred day moving average of $61.47.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $1.45 EPS for the quarter, beating the consensus estimate of $1.38 by $0.07. Great Southern Bancorp had a return on equity of 11.33% and a net margin of 20.70%.The company had revenue of $56.35 million for the quarter, compared to the consensus estimate of $55.03 million. On average, research analysts expect 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 will be paid on Tuesday, April 14th. Investors of record on Monday, March 30th will be paid a $0.43 dividend. The ex-dividend date is Monday, March 30th. This represents a $1.72 dividend on an annualized basis and a yield of 2.7%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 27.74%.

Insider Buying and Selling

In related news, CEO Joseph W. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction 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 transaction, the chief executive officer owned 137,382 shares in the company, valued at $8,344,582.68. This trade represents a 4.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William V. Turner sold 6,000 shares of the business’s stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $59.70, for a total transaction of $358,200.00. Following the transaction, the director directly owned 199,112 shares of the company’s stock, valued at approximately $11,886,986.40. This represents a 2.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,680 shares of company stock worth $885,376 in the last quarter. 27.93% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Great Southern Bancorp

Large investors have recently made changes to their positions in the business. AQR Capital Management LLC grew its holdings in Great Southern Bancorp by 8.3% in the 1st quarter. AQR Capital Management LLC now owns 14,466 shares of the financial services provider’s stock valued at $801,000 after buying an additional 1,114 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Great Southern Bancorp by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after buying an additional 234 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Great Southern Bancorp by 68.5% in the first quarter. Empowered Funds LLC now owns 13,641 shares of the financial services provider’s stock valued at $755,000 after acquiring an additional 5,546 shares during the period. Jane Street Group LLC bought a new stake in shares of Great Southern Bancorp in the first quarter valued at approximately $1,146,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Great Southern Bancorp by 32.5% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,925 shares of the financial services provider’s stock worth $642,000 after acquiring an additional 2,680 shares during the last quarter. Institutional investors and hedge funds 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.