Great Southern Bancorp (NASDAQ:GSBC) Sees Strong Trading Volume – Still a Buy?

Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw strong trading volume on Wednesday . 27,785 shares changed hands during trading, an increase of 1% from the previous session’s volume of 27,628 shares.The stock last traded at $57.82 and had previously closed at $57.89.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reduced their price objective on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a research note on Thursday, January 23rd.

Great Southern Bancorp Stock Performance

The firm’s 50 day simple moving average is $58.65 and its 200 day simple moving average is $59.53. The firm has a market capitalization of $664.68 million, a price-to-earnings ratio of 10.90 and a beta of 0.62. 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 (NASDAQ:GSBC) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. Sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.79%. The ex-dividend date is Monday, March 31st. Great Southern Bancorp’s dividend payout ratio (DPR) is 30.42%.

Insider Buying and Selling at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 5,000 shares of Great Southern Bancorp stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the transaction, the vice president now directly owns 14 shares of the company’s stock, valued at $840.28. The trade was a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 27.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Great Southern Bancorp

Hedge funds have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in shares of Great Southern Bancorp by 3.8% in the third quarter. Thrivent Financial for Lutherans now owns 34,994 shares of the financial services provider’s stock worth $2,006,000 after acquiring an additional 1,276 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Great Southern Bancorp by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock worth $4,072,000 after purchasing an additional 280 shares in the last quarter. Independent Advisor Alliance grew its holdings in Great Southern Bancorp by 219.1% in the third quarter. Independent Advisor Alliance now owns 24,862 shares of the financial services provider’s stock valued at $1,425,000 after purchasing an additional 17,070 shares during the period. FMR LLC increased its position in shares of Great Southern Bancorp by 30.8% in the third quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after buying an additional 13,799 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Great Southern Bancorp by 11.3% in the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after buying an additional 215 shares in the last quarter. 41.66% of the stock is owned by hedge funds and other institutional investors.

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.