Trexquant Investment LP Acquires New Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Trexquant Investment LP acquired a new position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,575 shares of the financial services provider's stock, valued at approximately $452,000. Trexquant Investment LP owned about 0.06% of Great Southern Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in GSBC. BNP Paribas Financial Markets lifted its position in shares of Great Southern Bancorp by 11.3% during the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider's stock worth $121,000 after acquiring an additional 215 shares in the last quarter. Virtu Financial LLC purchased a new position in Great Southern Bancorp during the third quarter worth about $221,000. AlphaQuest LLC purchased a new stake in Great Southern Bancorp in the fourth quarter valued at approximately $256,000. EMC Capital Management lifted its stake in shares of Great Southern Bancorp by 188.9% in the 4th quarter. EMC Capital Management now owns 4,484 shares of the financial services provider's stock valued at $268,000 after acquiring an additional 2,932 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in Great Southern Bancorp by 11.4% in the fourth quarter. SG Americas Securities LLC now owns 4,745 shares of the financial services provider's stock valued at $283,000 after purchasing an additional 487 shares during the last quarter. Institutional investors own 41.66% of the company's stock.

Insider Transactions at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 5,000 shares of the firm's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the sale, the vice president now owns 14 shares of the company's stock, valued at $840.28. This trade represents a 99.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 27.93% of the company's stock.

Great Southern Bancorp Trading Up 3.6 %

Shares of NASDAQ GSBC traded up $1.85 during trading hours on Friday, hitting $53.95. The company's stock had a trading volume of 40,730 shares, compared to its average volume of 29,446. Great Southern Bancorp, Inc. has a 12 month low of $47.57 and a 12 month high of $68.02. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The business has a 50-day simple moving average of $56.17 and a 200-day simple moving average of $58.90. The stock has a market cap of $625.71 million, a price-to-earnings ratio of 10.26 and a beta of 0.50.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.21. Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. The firm had revenue of $55.92 million for the quarter, compared to analyst estimates of $55.53 million. On average, analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were paid a dividend of $0.40 per share. The ex-dividend date was Monday, March 31st. This represents a $1.60 annualized dividend and a yield of 2.97%. Great Southern Bancorp's dividend payout ratio is 30.42%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler decreased their target price on shares of Great Southern Bancorp from $67.00 to $64.00 and set a "neutral" rating on the stock in a research note on Thursday, January 23rd.

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.