A Reversal for Great Southern Bancorp, Inc. (GSBC) Is Not Near. The Formed Bearish Multiple Bottom

February 15, 2018 - By Marry Poplack

Investors sentiment increased to 1.47 in 2017 Q3. Its up 0.42, from 1.05 in 2017Q2. It improved, as 3 investors sold Great Southern Bancorp, Inc. shares while 27 reduced holdings. 10 funds opened positions while 34 raised stakes. 5.60 million shares or 1.31% more from 5.53 million shares in 2017Q2 were reported.
Walthausen And Limited Liability has 231,249 shares for 1.2% of their portfolio. Parametric Portfolio Assoc Ltd Limited Liability Company invested 0% of its portfolio in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Ny State Teachers Retirement Systems owns 1,000 shares. Ameritas Partners Incorporated stated it has 940 shares or 0% of all its holdings. Denali Advsrs Limited Liability Company holds 0% or 136 shares in its portfolio. Blackrock Inc stated it has 0% in Great Southern Bancorp, Inc. (NASDAQ:GSBC). State Common Retirement Fund holds 12,000 shares. Numeric Llc accumulated 15,041 shares. The Illinois-based First L P has invested 0% in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Rhumbline Advisers, Massachusetts-based fund reported 12,123 shares. Citadel Advsrs Limited holds 7,274 shares. Bankshares Of Ny Mellon Corp has invested 0% in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Nationwide Fund Advisors holds 0.01% or 27,297 shares in its portfolio. Ativo Capital stated it has 0.27% of its portfolio in Great Southern Bancorp, Inc. (NASDAQ:GSBC). Lsv Asset Mgmt invested in 169,121 shares or 0.02% of the stock.

Since October 24, 2017, it had 1 insider purchase, and 2 selling transactions for $219,765 activity. On Monday, January 29 the insider Pitt Douglas M bought $103,160. MARRS DOUGLAS W sold $34,175 worth of stock or 625 shares.

The stock of Great Southern Bancorp, Inc. (GSBC) shows a multiple bottoms pattern with $45.18 target or 9.00 % below today’s $49.65 share price. The 8 months chart pattern indicates high risk for the $699.44M company. It was reported on Feb, 15 by Finviz.com. If the $45.18 price target is reached, the company will be worth $62.95M less.
Multiple bottoms are very good trading chart patterns. These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. Back-tests of such patterns show that the break even failure rate is 4%, the average rise: 37%, the throwback rate: 64% and the percentage of stocks meeting their price targets: 64%.

The stock increased 0.61% or $0.3 during the last trading session, reaching $49.65. About 12,112 shares traded. Great Southern Bancorp, Inc. (NASDAQ:GSBC) has risen 27.56% since February 15, 2017 and is uptrending. It has outperformed by 10.86% the S&P500.

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Ratings Coverage

Among 4 analysts covering Great Southern Bancorp (NASDAQ:GSBC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Great Southern Bancorp has $56.0 highest and $45.50 lowest target. $52’s average target is 4.73% above currents $49.65 stock price. Great Southern Bancorp had 8 analyst reports since October 23, 2015 according to SRatingsIntel. The firm has “Outperform” rating by FIG Partners given on Monday, May 2. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. As per Friday, September 9, the company rating was downgraded by FIG Partners. The stock of Great Southern Bancorp, Inc. (NASDAQ:GSBC) has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The firm has “Hold” rating by Sandler O’Neill given on Friday, October 6. The firm earned “Hold” rating on Thursday, July 20 by Keefe Bruyette & Woods.

More important recent Great Southern Bancorp, Inc. (NASDAQ:GSBC) news were published by: Prnewswire.com which released: “Great Southern Bancorp, Inc. to Hold 29th Annual Meeting of Stockholders” on January 29, 2018, also Seekingalpha.com published article titled: “Great Southern Bancorp’s (GSBC) CEO Joseph Turner on Q4 2017 Results …”, Nasdaq.com published: “Great Southern Bancorp, Inc. (GSBC) Ex-Dividend Date Scheduled for September …” on September 28, 2017. More interesting news about Great Southern Bancorp, Inc. (NASDAQ:GSBC) was released by: Reuters.com and their article: “BRIEF-Great Southern Bancorp Q4 Preliminary Earnings Per Share $0.86” with publication date: October 17, 2017.

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