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Great Southern Bancorp (NASDAQ:GSBC) Sees Strong Trading Volume - What's Next?

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Great Southern Bancorp, Inc. (NASDAQ:GSBC - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 27,785 shares traded 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.

Wall Street Analyst Weigh In

Separately, Piper Sandler decreased 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.

Read Our Latest Analysis on Great Southern Bancorp

Great Southern Bancorp Stock Performance

The firm's 50 day simple moving average is $58.47 and its 200-day simple moving average is $59.53. The company has a market capitalization of $655.06 million, a price-to-earnings ratio of 10.74 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 - Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (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%. Analysts expect that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

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Great Southern Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.60 annualized dividend and a yield of 2.83%. Great Southern Bancorp's dividend payout ratio is presently 30.42%.

Insider Buying and Selling at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of the 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 completion of the sale, the vice president now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 27.60% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of 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 valued at $43,664,000 after buying an additional 3,019 shares in the last quarter. American Century Companies Inc. grew its position in Great Southern Bancorp by 8.1% in the fourth quarter. American Century Companies Inc. now owns 208,213 shares of the financial services provider's stock worth $12,430,000 after acquiring an additional 15,557 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Great Southern Bancorp by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider's stock worth $11,683,000 after purchasing an additional 1,891 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Great Southern Bancorp by 10.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider's stock valued at $9,072,000 after purchasing an additional 14,425 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Great Southern Bancorp by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider's stock worth $4,263,000 after purchasing an additional 363 shares in the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

Great Southern Bancorp Company Profile

(Get Free Report)

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.

Further Reading

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