Great Southern Bancorp (NASDAQ:GSBC) Given New $58.00 Price Target at Piper Sandler

Great Southern Bancorp (NASDAQ:GSBC) had its price target reduced by analysts at Piper Sandler from $62.00 to $58.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the financial services provider’s stock. Piper Sandler’s price target indicates a potential upside of 8.61% from the stock’s previous close.

Great Southern Bancorp Price Performance

NASDAQ:GSBC opened at $53.40 on Monday. Great Southern Bancorp has a one year low of $47.57 and a one year high of $68.01. The stock has a market cap of $619.34 million, a P/E ratio of 10.15 and a beta of 0.50. The company has a fifty day moving average price of $56.02 and a 200 day moving average price of $58.95. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93.

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

Insider Buying and Selling at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $60.02, for a total value of $300,100.00. Following the transaction, the vice president now owns 14 shares in the company, valued at approximately $840.28. This trade represents a 99.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 27.93% of the company’s stock.

Institutional Investors Weigh In On Great Southern Bancorp

A number of hedge funds have recently added to or reduced their stakes in the business. Versant Capital Management Inc grew its position in Great Southern Bancorp by 81.6% in the 1st quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 217 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Great Southern Bancorp by 146.7% in 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 in the last quarter. Virtu Financial LLC purchased a new position in Great Southern Bancorp in the 3rd quarter worth approximately $221,000. AlphaQuest LLC bought a new stake in Great Southern Bancorp in the 4th quarter worth $256,000. Finally, ExodusPoint Capital Management LP bought a new stake in shares of Great Southern Bancorp in the 4th quarter worth approximately $256,000. 41.66% of the stock is currently owned by institutional investors.

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.