Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Update

Great Southern Bancorp, Inc. (NASDAQ:GSBC) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 134,500 shares, a drop of 13.1% from the December 15th total of 154,700 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 28,200 shares, the days-to-cover ratio is currently 4.8 days.

Great Southern Bancorp Trading Up 0.9 %

Shares of GSBC stock traded up $0.55 on Friday, hitting $60.42. The company had a trading volume of 22,009 shares, compared to its average volume of 29,381. The stock’s 50-day moving average is $62.12 and its two-hundred day moving average is $59.51. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp has a twelve month low of $48.19 and a twelve month high of $68.01. The firm has a market cap of $705.40 million, a P/E ratio of 11.85 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. The company had revenue of $90.79 million for the quarter, compared to analyst estimates of $54.75 million. During the same period in the prior year, the firm posted $1.33 EPS. On average, equities research analysts anticipate that Great Southern Bancorp will post 5.3 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Monday, December 30th. Great Southern Bancorp’s dividend payout ratio is 31.37%.

Insider Buying and Selling at Great Southern Bancorp

In other Great Southern Bancorp news, Director Julie A. Brown sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $61.05, for a total value of $152,625.00. Following the completion of the transaction, the director now directly owns 32,896 shares in the company, valued at approximately $2,008,300.80. This represents a 7.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Mark A. Maples sold 2,074 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,174 shares of company stock worth $1,235,009. 27.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its stake in shares of Great Southern Bancorp by 4.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,235 shares of the financial services provider’s stock valued at $611,000 after purchasing an additional 391 shares during the period. SG Americas Securities LLC increased its stake in shares of Great Southern Bancorp by 11.4% in the 4th quarter. SG Americas Securities LLC now owns 4,745 shares of the financial services provider’s stock valued at $283,000 after acquiring an additional 487 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Great Southern Bancorp by 98.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 18,779 shares of the financial services provider’s stock valued at $1,076,000 after acquiring an additional 9,325 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Great Southern Bancorp in the 3rd quarter valued at $221,000. Finally, Barclays PLC increased its stake in shares of Great Southern Bancorp by 136.6% in the 3rd quarter. Barclays PLC now owns 15,508 shares of the financial services provider’s stock valued at $889,000 after acquiring an additional 8,954 shares in the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reduced their price target on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a research report on Friday, October 18th.

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.