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

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

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

Great Southern Bancorp Stock Performance

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

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, April 16th. The financial services provider reported $1.47 EPS for the quarter, topping analysts’ consensus estimates 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%. Sell-side analysts predict that Great Southern Bancorp will post 5.24 EPS for the current year.

Insider Buying and Selling

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

Institutional Trading of Great Southern Bancorp

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC lifted its holdings in Great Southern Bancorp by 62.3% in the first quarter. SG Americas Securities LLC now owns 7,701 shares of the financial services provider’s stock worth $426,000 after buying an additional 2,956 shares during the period. Wedge Capital Management L L P NC increased its holdings in Great Southern Bancorp by 19.4% in the 1st quarter. Wedge Capital Management L L P NC now owns 12,999 shares of the financial services provider’s stock worth $720,000 after buying an additional 2,114 shares in the last quarter. GAMMA Investing LLC lifted its position in Great Southern Bancorp by 17,650.0% during the first quarter. GAMMA Investing LLC now owns 6,035 shares of the financial services provider’s stock valued at $334,000 after purchasing an additional 6,001 shares during the period. Versant Capital Management Inc boosted its stake in shares of 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 buying an additional 217 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Great Southern Bancorp by 1.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,455 shares of the financial services provider’s stock valued at $1,102,000 after purchasing an additional 349 shares during the period. Hedge funds and other institutional investors own 41.66% 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 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.