Great Southern Bancorp (GSBC) Rating Lowered to Strong Sell at BidaskClub

Great Southern Bancorp (NASDAQ:GSBC) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Friday.

GSBC has been the subject of several other reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $56.00 price objective on shares of Great Southern Bancorp in a report on Friday, December 22nd. Sandler O’Neill lowered Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Friday, October 6th. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Monday, December 25th.

Shares of Great Southern Bancorp (NASDAQ:GSBC) traded up $0.45 during trading on Friday, hitting $51.50. The stock had a trading volume of 15,100 shares, compared to its average volume of 22,495. The firm has a market capitalization of $724.04, a PE ratio of 14.31 and a beta of 1.03. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.59. Great Southern Bancorp has a 1-year low of $47.25 and a 1-year high of $58.45.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.82. Great Southern Bancorp had a return on equity of 11.46% and a net margin of 23.03%. The business had revenue of $46.94 million during the quarter, compared to analyst estimates of $46.30 million. research analysts anticipate that Great Southern Bancorp will post 3.58 earnings per share for the current fiscal year.

In related news, insider Rex A. Copeland sold 5,250 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $55.00, for a total transaction of $288,750.00. Following the completion of the sale, the insider now directly owns 24,698 shares in the company, valued at $1,358,390. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Douglas W. Marrs sold 625 shares of the stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $54.68, for a total value of $34,175.00. Following the sale, the vice president now owns 2,531 shares of the company’s stock, valued at $138,395.08. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,500 shares of company stock valued at $357,894. 23.78% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in Great Southern Bancorp during the third quarter valued at about $104,000. Voya Investment Management LLC raised its holdings in Great Southern Bancorp by 9.0% during the second quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock valued at $420,000 after buying an additional 647 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in Great Southern Bancorp by 15.1% during the third quarter. Allianz Asset Management GmbH now owns 8,478 shares of the financial services provider’s stock valued at $472,000 after buying an additional 1,111 shares in the last quarter. Summit Global Investments raised its holdings in Great Southern Bancorp by 13.6% during the second quarter. Summit Global Investments now owns 9,200 shares of the financial services provider’s stock valued at $492,000 after buying an additional 1,100 shares in the last quarter. Finally, Aviance Capital Partners LLC raised its holdings in Great Southern Bancorp by 64.0% during the third quarter. Aviance Capital Partners LLC now owns 14,315 shares of the financial services provider’s stock valued at $797,000 after buying an additional 5,586 shares in the last quarter. Institutional investors own 40.90% of the company’s stock.

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Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.

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