Great Southern Bancorp (NASDAQ:GSBC) Sees Large Volume Increase – What’s Next?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw an uptick in 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 Ratings Changes

Separately, Piper Sandler cut their target price on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd.

Great Southern Bancorp Stock Performance

The business’s fifty day moving average price is $58.55 and its two-hundred day moving average price is $59.50. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $671.06 million, a P/E ratio of 11.00 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.27 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. As a group, sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Monday, March 31st. Great Southern Bancorp’s dividend payout ratio is currently 30.42%.

Insider Buying and Selling

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the business’s stock in a transaction 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 transaction, the vice president now owns 14 shares in the company, valued at $840.28. The trade was a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 27.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Great Southern Bancorp

A number of large investors have recently made changes to their positions in GSBC. Dimensional Fund Advisors LP raised its position in Great Southern Bancorp by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 731,380 shares of the financial services provider’s stock worth $43,664,000 after purchasing an additional 3,019 shares during the period. American Century Companies Inc. grew its stake in shares of Great Southern Bancorp by 8.1% during the fourth quarter. American Century Companies Inc. now owns 208,213 shares of the financial services provider’s stock valued at $12,430,000 after buying an additional 15,557 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of 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 buying an additional 1,891 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Great Southern Bancorp by 10.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider’s stock worth $9,072,000 after acquiring an additional 14,425 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Great Southern Bancorp by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider’s stock worth $4,263,000 after acquiring an additional 363 shares during the last quarter. 41.66% of the stock is owned by hedge funds and other institutional investors.

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.