Great Southern Bancorp (NASDAQ:GSBC) Shares Cross Above 200-Day Moving Average – Time to Sell?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $59.59 and traded as high as $65.29. Great Southern Bancorp shares last traded at $65.02, with a volume of 55,504 shares.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Zacks Research downgraded Great Southern Bancorp from a “hold” rating to a “strong sell” rating in a research note on Monday, October 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Great Southern Bancorp in a research note on Monday, December 8th. Finally, Keefe, Bruyette & Woods cut their price target on Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating for the company in a research note on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Great Southern Bancorp has a consensus rating of “Hold” and a consensus price target of $59.50.

Great Southern Bancorp Stock Up 0.5%

The stock has a market capitalization of $731.04 million, a P/E ratio of 10.85 and a beta of 0.53. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a fifty day moving average price of $59.18 and a 200 day moving average price of $59.65.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Thursday, October 16th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.01. The business had revenue of $58.21 million during the quarter, compared to analyst estimates of $56.72 million. Great Southern Bancorp had a return on equity of 11.28% and a net margin of 19.80%. On average, research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Monday, September 29th were paid a dividend of $0.43 per share. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, September 29th. Great Southern Bancorp’s dividend payout ratio is 28.57%.

Insider Transactions at Great Southern Bancorp

In other Great Southern Bancorp news, VP Mark A. Maples sold 1,450 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $59.93, for a total value of $86,898.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP John M. Bugh sold 1,750 shares of Great Southern Bancorp stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $57.72, for a total value of $101,010.00. Following the sale, the vice president owned 1,790 shares of the company’s stock, valued at approximately $103,318.80. This trade represents a 49.44% decrease in their position. The SEC filing for this sale provides additional information. 27.93% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Great Southern Bancorp

A number of institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new position in shares of Great Southern Bancorp during the 3rd quarter worth approximately $27,000. Russell Investments Group Ltd. boosted its position in shares of Great Southern Bancorp by 1,301.8% during the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 716 shares in the last quarter. CWM LLC grew its stake in Great Southern Bancorp by 150.4% in the second quarter. CWM LLC now owns 859 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 516 shares during the period. Quadrant Capital Group LLC bought a new position in Great Southern Bancorp in the third quarter worth $128,000. Finally, Walleye Capital LLC purchased a new position in Great Southern Bancorp during the 2nd quarter valued at about $206,000. 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.