Great Southern Bancorp (NASDAQ:GSBC) Price Target Lowered to $61.00 at Keefe, Bruyette & Woods

Great Southern Bancorp (NASDAQ:GSBC) had its target price decreased by stock analysts at Keefe, Bruyette & Woods from $63.00 to $61.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 15.16% from the stock’s current price.

Separately, Piper Sandler dropped their price target on shares of Great Southern Bancorp from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Monday.

Great Southern Bancorp Trading Down 1.8 %

NASDAQ GSBC traded down $0.98 during trading hours on Monday, hitting $52.97. 15,307 shares of the company were exchanged, compared to its average volume of 29,384. The stock has a market cap of $614.35 million, a PE ratio of 10.07 and a beta of 0.50. Great Southern Bancorp has a 52 week low of $47.57 and a 52 week high of $68.02. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average price of $56.02 and a 200 day moving average price of $58.95.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. The firm had revenue of $55.92 million during the quarter, compared to analysts’ expectations of $55.53 million. Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. Analysts forecast that Great Southern Bancorp will post 5.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the completion of the transaction, the vice president now directly owns 14 shares of the company’s stock, valued at approximately $840.28. This trade represents a 99.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 27.93% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Great Southern Bancorp

A number of institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc raised its holdings in Great Southern Bancorp by 81.6% in the first quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider’s stock valued at $27,000 after buying an additional 217 shares during the period. Tower Research Capital LLC TRC boosted its stake in Great Southern Bancorp by 146.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 355 shares during the period. Virtu Financial LLC acquired a new position in shares of Great Southern Bancorp during the third quarter valued at $221,000. ExodusPoint Capital Management LP bought a new stake in Great Southern Bancorp during the fourth quarter worth approximately $256,000. Finally, AlphaQuest LLC acquired a new stake in Great Southern Bancorp in the 4th quarter valued at about $256,000. 41.66% of the stock is owned by institutional investors and hedge funds.

Great Southern Bancorp Company Profile

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.