Great Southern Bancorp (NASDAQ:GSBC) Sees Unusually-High Trading Volume – What’s Next?

Great Southern Bancorp, Inc. (NASDAQ:GSBC) shares saw an uptick in trading volume on Wednesday . 57,143 shares traded hands during mid-day trading, a decline of 35% from the previous session’s volume of 88,408 shares.The stock last traded at $78.26 and had previously closed at $78.67.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods boosted their price objective on Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a research report on Friday, July 17th. Weiss Ratings cut Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Zacks Research downgraded Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, Wall Street Zen downgraded Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $74.00.

Great Southern Bancorp Trading Down 0.2%

The business’s 50 day moving average price is $78.93 and its two-hundred day moving average price is $71.04. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market capitalization of $855.82 million, a price-to-earnings ratio of 13.04 and a beta of 0.49.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. The business had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. Equities analysts forecast that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Monday, June 29th were given a dividend of $0.43 per share. The ex-dividend date was Monday, June 29th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.57%.

Insider Activity at Great Southern Bancorp

In other news, Director Julie A. Brown sold 851 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $81.00, for a total value of $68,931.00. Following the sale, the director owned 7,052 shares of the company’s stock, valued at approximately $571,212. The trade was a 10.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 29.75% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GSBC. Principal Financial Group Inc. bought a new stake in Great Southern Bancorp in the first quarter worth about $867,000. LSV Asset Management lifted its holdings in Great Southern Bancorp by 26.6% in the 4th quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock valued at $8,057,000 after acquiring an additional 27,487 shares during the last quarter. Globeflex Capital L P bought a new position in shares of Great Southern Bancorp during the 2nd quarter valued at about $1,082,000. Inceptionr LLC bought a new position in shares of Great Southern Bancorp during the 1st quarter valued at about $488,000. Finally, Sei Investments Co. grew its stake in shares of Great Southern Bancorp by 167.5% in the 1st quarter. Sei Investments Co. now owns 16,719 shares of the financial services provider’s stock worth $1,055,000 after purchasing an additional 10,470 shares during the last quarter. Institutional investors own 41.66% of the company’s stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.