Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner Sells 6,000 Shares

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $63.19, for a total value of $379,140.00. Following the sale, the director now directly owns 214,532 shares of the company’s stock, valued at approximately $13,556,277.08. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Great Southern Bancorp Stock Down 2.4 %

NASDAQ:GSBC opened at $58.11 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.94 and a quick ratio of 0.94. The company’s fifty day moving average price is $55.83 and its 200-day moving average price is $53.61. Great Southern Bancorp, Inc. has a 1-year low of $45.66 and a 1-year high of $65.90. The firm has a market capitalization of $677.56 million, a P/E ratio of 11.42 and a beta of 0.64.

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

Great Southern Bancorp Announces Dividend

The company also recently declared 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. This represents a $1.60 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Monday, July 1st. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 31.43%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler raised their price objective on Great Southern Bancorp from $53.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, July 18th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Great Southern Bancorp by 11.5% during the 1st 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. Allspring Global Investments Holdings LLC lifted its position in shares of Great Southern Bancorp by 11.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 150,742 shares of the financial services provider’s stock valued at $8,264,000 after buying an additional 15,941 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Great Southern Bancorp by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 55,885 shares of the financial services provider’s stock valued at $3,108,000 after acquiring an additional 1,504 shares during the period. Janney Montgomery Scott LLC increased its holdings in Great Southern Bancorp by 22.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 10,349 shares of the financial services provider’s stock worth $567,000 after acquiring an additional 1,897 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its position in Great Southern Bancorp by 19.1% during the fourth 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 period. 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.