Insider Selling: Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells 6,000 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $63.06, for a total value of $378,360.00. Following the sale, the director now owns 210,112 shares of the company’s stock, valued at $13,249,662.72. This trade represents a 2.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Great Southern Bancorp Price Performance

Great Southern Bancorp stock opened at $63.30 on Monday. Great Southern Bancorp, Inc. has a 12 month low of $48.19 and a 12 month high of $68.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The business has a 50 day simple moving average of $58.27 and a 200-day simple moving average of $56.58. The stock has a market capitalization of $739.34 million, a PE ratio of 12.41 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.15. The firm had revenue of $90.79 million during the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. During the same quarter in the prior year, the business posted $1.33 earnings per share. Equities analysts predict that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.53%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp’s payout ratio is 31.37%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in Great Southern Bancorp by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 728,045 shares of the financial services provider’s stock worth $40,485,000 after acquiring an additional 1,964 shares in the last quarter. Vanguard Group Inc. raised its position in Great Southern Bancorp by 11.5% in the first quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock worth $30,920,000 after acquiring an additional 58,041 shares in the last quarter. Geode Capital Management LLC raised its position in Great Southern Bancorp by 0.9% in the third quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider’s stock worth $11,683,000 after acquiring an additional 1,891 shares in the last quarter. American Century Companies Inc. raised its position in Great Southern Bancorp by 15.6% in the second quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock worth $9,660,000 after acquiring an additional 23,401 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Great Southern Bancorp by 0.4% in 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 acquiring an additional 280 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.