Great Southern Bancorp (NASDAQ:GSBC – Get Rating) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday.
Great Southern Bancorp Stock Performance
Shares of GSBC traded down $0.21 during mid-day trading on Friday, hitting $52.34. The stock had a trading volume of 29,036 shares, compared to its average volume of 27,754. The company has a market cap of $637.50 million, a PE ratio of 8.67 and a beta of 0.72. The company’s fifty day simple moving average is $53.95 and its two-hundred day simple moving average is $57.90. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.19. Great Southern Bancorp has a fifty-two week low of $49.04 and a fifty-two week high of $64.16.
Great Southern Bancorp (NASDAQ:GSBC – Get Rating) last issued its earnings results on Tuesday, January 24th. The financial services provider reported $1.84 EPS for the quarter, topping the consensus estimate of $1.64 by $0.20. Great Southern Bancorp had a return on equity of 13.96% and a net margin of 29.09%. The company had revenue of $75.61 million during the quarter, compared to analyst estimates of $62.53 million. On average, equities analysts expect that Great Southern Bancorp will post 5.97 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC boosted its position in Great Southern Bancorp by 2.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 135,487 shares of the financial services provider’s stock valued at $6,866,000 after purchasing an additional 3,302 shares during the period. Mutual Advisors LLC boosted its position in Great Southern Bancorp by 25.1% during the 1st quarter. Mutual Advisors LLC now owns 18,271 shares of the financial services provider’s stock valued at $926,000 after purchasing an additional 3,665 shares during the period. Truist Financial Corp raised its stake in Great Southern Bancorp by 155.5% during the 4th quarter. Truist Financial Corp now owns 9,171 shares of the financial services provider’s stock valued at $546,000 after acquiring an additional 5,581 shares in the last quarter. Alliancebernstein L.P. raised its stake in Great Southern Bancorp by 0.6% during the 4th quarter. Alliancebernstein L.P. now owns 52,132 shares of the financial services provider’s stock valued at $3,101,000 after acquiring an additional 300 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new stake in Great Southern Bancorp during the 4th quarter valued at $309,000. Institutional investors and hedge funds own 42.26% of the company’s stock.
About Great Southern Bancorp
Great Southern Bancorp, Inc is a bank holding company, which engages in the provision of financial services. The company was founded in 1923 and is headquartered in Springfield, MO.