Great Southern Bancorp (NASDAQ:GSBC) Price Target Cut to $58.00 by Analysts at Piper Sandler

Great Southern Bancorp (NASDAQ:GSBC) had its price objective cut by research analysts at Piper Sandler from $62.00 to $58.00 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the financial services provider’s stock. Piper Sandler’s price objective would indicate a potential upside of 4.73% from the company’s current price.

Great Southern Bancorp Price Performance

Shares of GSBC opened at $55.38 on Monday. The firm has a fifty day simple moving average of $55.80 and a two-hundred day simple moving average of $58.91. The firm has a market cap of $642.30 million, a PE ratio of 10.53 and a beta of 0.50. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp has a 1-year low of $47.57 and a 1-year high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $1.26 by $0.21. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. The company had revenue of $55.92 million during the quarter, compared to analyst estimates of $55.53 million. On average, equities analysts anticipate that Great Southern Bancorp will post 5.24 EPS for the current year.

Insider Activity 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 directly owns 14 shares of the company’s stock, valued at approximately $840.28. This trade represents a 99.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 27.93% of the stock is currently owned by company insiders.

Institutional Trading of Great Southern Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its position in shares of Great Southern Bancorp by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 731,380 shares of the financial services provider’s stock valued at $43,664,000 after buying an additional 3,019 shares in the last quarter. American Century Companies Inc. raised its stake in Great Southern Bancorp by 8.1% during the 4th quarter. American Century Companies Inc. now owns 208,213 shares of the financial services provider’s stock worth $12,430,000 after acquiring an additional 15,557 shares during the period. Geode Capital Management LLC lifted its holdings in Great Southern Bancorp by 0.9% during the third quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider’s stock valued at $11,683,000 after purchasing an additional 1,891 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Great Southern Bancorp by 10.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider’s stock worth $9,072,000 after purchasing an additional 14,425 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Great Southern Bancorp by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider’s stock worth $4,263,000 after purchasing an additional 363 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.