Great Southern Bancorp (NASDAQ:GSBC) Price Target Cut to $61.00 by Analysts at Keefe, Bruyette & Woods

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) had its price objective dropped by research analysts at Keefe, Bruyette & Woods from $63.00 to $61.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a "market perform" rating on the financial services provider's stock. Keefe, Bruyette & Woods' price target would suggest a potential upside of 10.84% from the stock's current price.

Separately, Piper Sandler lowered their price objective on shares of Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Monday.

Great Southern Bancorp Trading Down 0.7 %

Shares of NASDAQ GSBC traded down $0.39 during midday trading on Monday, hitting $55.04. The company's stock had a trading volume of 493 shares, compared to its average volume of 29,404. Great Southern Bancorp has a 12-month low of $47.57 and a 12-month high of $68.02. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The firm has a market cap of $638.30 million, a P/E ratio of 10.38 and a beta of 0.50. The business's 50 day moving average is $55.63 and its two-hundred day moving average is $58.89.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share for the quarter, topping analysts' consensus estimates of $1.26 by $0.21. The business had revenue of $55.92 million for the quarter, compared to analyst estimates of $55.53 million. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. As a group, equities research analysts expect that Great Southern Bancorp will post 5.24 EPS for the current year.

Insiders Place Their Bets

In other news, VP Kevin L. Baker sold 5,000 shares of the firm's stock in a transaction on Thursday, February 6th. The stock was 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 approximately $840.28. This trade represents a 99.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 27.93% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC raised its holdings in shares of Great Southern Bancorp by 20.0% in the 3rd quarter. Jane Street Group LLC now owns 11,925 shares of the financial services provider's stock valued at $683,000 after purchasing an additional 1,985 shares in the last quarter. Barclays PLC raised its stake in Great Southern Bancorp by 136.6% in the third quarter. Barclays PLC now owns 15,508 shares of the financial services provider's stock worth $889,000 after buying an additional 8,954 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Great Southern Bancorp by 0.9% during 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. Virtu Financial LLC purchased a new stake in Great Southern Bancorp during the third quarter worth $221,000. Finally, JPMorgan Chase & Co. boosted its position in Great Southern Bancorp by 98.6% during 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. 41.66% of the stock is currently owned by 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.