Insider Selling: Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Sells $316,050.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Earl A. Steinert, Jr. sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $63.21, for a total value of $316,050.00. Following the completion of the sale, the director now directly owns 939,596 shares in the company, valued at approximately $59,391,863.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC opened at $64.91 on Friday. The stock has a market cap of $756.85 million, a P/E ratio of 12.75 and a beta of 0.64. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. Great Southern Bancorp, Inc. has a twelve month low of $45.66 and a twelve month high of $65.90. The business’s 50-day moving average price is $54.93 and its two-hundred day moving average price is $53.47.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.25. The company had revenue of $90.76 million for the quarter, compared to analysts’ expectations of $53.75 million. Great Southern Bancorp had a return on equity of 10.68% and a net margin of 17.42%. During the same period last year, the firm posted $1.52 EPS. As a group, equities analysts predict that Great Southern Bancorp, Inc. will post 5.09 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 16th. Investors of record on Monday, July 1st were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.46%. Great Southern Bancorp’s dividend payout ratio is 31.43%.

Hedge Funds Weigh In On Great Southern Bancorp

A number of large investors have recently modified their holdings of GSBC. American Century Companies Inc. raised its holdings in shares of Great Southern Bancorp by 9.6% during the 3rd quarter. American Century Companies Inc. now owns 110,872 shares of the financial services provider’s stock valued at $5,313,000 after buying an additional 9,683 shares in the last quarter. Vanguard Group Inc. grew its position in Great Southern Bancorp by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 522,676 shares of the financial services provider’s stock worth $25,047,000 after acquiring an additional 3,758 shares during the last quarter. Wedge Capital Management L L P NC grew its position in Great Southern Bancorp by 19.1% during the 4th quarter. Wedge Capital Management L L P NC now owns 8,726 shares of the financial services provider’s stock worth $518,000 after acquiring an additional 1,401 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Great Southern Bancorp by 43.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 8,452 shares of the financial services provider’s stock worth $502,000 after acquiring an additional 2,541 shares during the last quarter. Finally, Commerce Bank grew its position in Great Southern Bancorp by 5.1% during the 4th quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock worth $488,000 after acquiring an additional 400 shares during the last quarter. 41.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler raised their price target on Great Southern Bancorp from $53.00 to $64.00 and gave the company a “neutral” rating in a report on Thursday, July 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.