reduced its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 1.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 194,943 shares of the financial services provider’s stock after selling 3,654 shares during the quarter. approximately 1.38% of Great Southern Bancorp worth $10,790,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. First Quadrant L P CA acquired a new position in Great Southern Bancorp during the 3rd quarter worth $106,000. FMR LLC acquired a new position in Great Southern Bancorp during the 3rd quarter worth $108,000. SG Americas Securities LLC acquired a new position in Great Southern Bancorp during the 2nd quarter worth $126,000. Panagora Asset Management Inc. lifted its holdings in Great Southern Bancorp by 50.6% during the 3rd quarter. Panagora Asset Management Inc. now owns 2,865 shares of the financial services provider’s stock worth $159,000 after buying an additional 963 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in Great Southern Bancorp by 55.5% during the 3rd quarter. Acadian Asset Management LLC now owns 3,034 shares of the financial services provider’s stock worth $168,000 after buying an additional 1,083 shares in the last quarter. 43.25% of the stock is currently owned by institutional investors and hedge funds.
Get Great Southern Bancorp alerts: Several research analysts have issued reports on GSBC shares. BidaskClub raised Great Southern Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, November 22nd. Zacks Investment Research downgraded Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, ValuEngine raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $58.33.
In other Great Southern Bancorp news, VP Douglas W. Marrs sold 2,500 shares of the company’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $54.04, for a total transaction of $135,100.00. Following the completion of the sale, the vice president now owns 1,625 shares in the company, valued at approximately $87,815. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, insider Douglas W. Marrs sold 1,296 shares of the company’s stock in a transaction on Wednesday, November 21st. The shares were sold at an average price of $54.47, for a total transaction of $70,593.12. Following the sale, the insider now owns 1,625 shares of the company’s stock, valued at approximately $88,513.75. The disclosure for this sale can be found here . Insiders own 23.00% of the company’s stock.
Shares of Great Southern Bancorp stock opened at $46.15 on Friday. The firm has a market cap of $653.41 million, a price-to-earnings ratio of 10.54 and a beta of 0.87. Great Southern Bancorp, Inc. has a 52 week low of $43.30 and a 52 week high of $61.65. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.12 and a quick ratio of 1.12.
Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, October 17th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $1.06 by $0.51. The company had revenue of $57.59 million during the quarter, compared to analysts’ expectations of $49.00 million. Great Southern Bancorp had a net margin of 26.65% and a return on equity of 12.81%. As a group, sell-side analysts forecast that Great Southern Bancorp, Inc. will post 4.58 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Friday, December 28th. Great Southern Bancorp’s payout ratio is 34.78%.
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Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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 deposits, brokered certificates, and individual retirement accounts.
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