Great Southern Bancorp (NASDAQ:GSBC) Downgraded by BidaskClub to “Sell”

BidaskClub lowered shares of Great Southern Bancorp (NASDAQ:GSBC) from a hold rating to a sell rating in a report released on Thursday morning, BidAskClub reports.

Several other equities analysts also recently weighed in on the stock. Zacks Investment Research upgraded shares of Great Southern Bancorp from a hold rating to a buy rating and set a $65.00 target price for the company in a report on Tuesday, August 6th. ValuEngine downgraded shares of Great Southern Bancorp from a hold rating to a sell rating in a report on Thursday, August 1st.

Shares of NASDAQ GSBC traded up $0.92 during midday trading on Thursday, hitting $55.95. The company had a trading volume of 2,398 shares, compared to its average volume of 25,218. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.17. Great Southern Bancorp has a twelve month low of $43.30 and a twelve month high of $61.35. The business has a 50-day simple moving average of $58.55 and a two-hundred day simple moving average of $56.54. The firm has a market capitalization of $807.98 million, a price-to-earnings ratio of 11.88 and a beta of 1.05.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, July 17th. The financial services provider reported $1.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.13 by $0.15. Great Southern Bancorp had a net margin of 28.97% and a return on equity of 14.06%. The firm had revenue of $52.08 million during the quarter, compared to the consensus estimate of $51.50 million. On average, equities analysts forecast that Great Southern Bancorp will post 4.84 EPS for the current year.

In other Great Southern Bancorp news, VP Kevin L. Baker sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $59.50, for a total transaction of $148,750.00. Following the completion of the transaction, the vice president now directly owns 636 shares in the company, valued at approximately $37,842. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John M. Bugh sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $56.71, for a total transaction of $56,710.00. Following the transaction, the vice president now owns 2,790 shares of the company’s stock, valued at $158,220.90. The disclosure for this sale can be found here. Company insiders own 23.23% of the company’s stock.

Large investors have recently bought and sold shares of the business. Calton & Associates Inc. purchased a new stake in shares of Great Southern Bancorp during the second quarter worth about $209,000. New York State Common Retirement Fund grew its holdings in shares of Great Southern Bancorp by 7.4% during the first quarter. New York State Common Retirement Fund now owns 19,568 shares of the financial services provider’s stock worth $1,016,000 after buying an additional 1,351 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Great Southern Bancorp by 86.5% during the fourth quarter. Bank of America Corp DE now owns 11,435 shares of the financial services provider’s stock worth $526,000 after buying an additional 5,304 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Great Southern Bancorp during the second quarter worth about $510,000. Finally, Acadian Asset Management LLC grew its holdings in shares of Great Southern Bancorp by 120.7% during the first quarter. Acadian Asset Management LLC now owns 17,082 shares of the financial services provider’s stock worth $885,000 after buying an additional 9,343 shares in the last quarter. Hedge funds and other institutional investors own 45.39% of the company’s stock.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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.

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