Barclays PLC increased its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 136.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,508 shares of the financial services provider's stock after purchasing an additional 8,954 shares during the quarter. Barclays PLC owned approximately 0.13% of Great Southern Bancorp worth $889,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of GSBC. Bank of New York Mellon Corp lifted its holdings in Great Southern Bancorp by 2.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 55,885 shares of the financial services provider's stock valued at $3,108,000 after purchasing an additional 1,504 shares during the last quarter. American Century Companies Inc. raised its position in shares of Great Southern Bancorp by 15.6% in the second quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider's stock valued at $9,660,000 after purchasing an additional 23,401 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Great Southern Bancorp by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 728,045 shares of the financial services provider's stock worth $40,485,000 after buying an additional 1,964 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Great Southern Bancorp by 1.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 33,718 shares of the financial services provider's stock worth $1,875,000 after buying an additional 335 shares during the period. Finally, Creative Planning grew its stake in Great Southern Bancorp by 45.7% in the 2nd quarter. Creative Planning now owns 15,209 shares of the financial services provider's stock valued at $846,000 after buying an additional 4,772 shares during the last quarter. 41.66% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Great Southern Bancorp news, CEO Joseph W. Turner sold 6,000 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total transaction of $399,780.00. Following the completion of the transaction, the chief executive officer now directly owns 137,382 shares in the company, valued at $9,153,762.66. The trade was a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Mark A. Maples sold 2,074 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The disclosure for this sale can be found here. Insiders have sold a total of 19,174 shares of company stock worth $1,235,009 in the last 90 days. Company insiders own 27.60% of the company's stock.
Analysts Set New Price Targets
Separately, Piper Sandler cut their price objective on shares of Great Southern Bancorp from $64.00 to $62.00 and set a "neutral" rating for the company in a research report on Friday, October 18th.
Get Our Latest Analysis on Great Southern Bancorp
Great Southern Bancorp Stock Performance
GSBC stock traded down $0.07 during trading hours on Tuesday, hitting $59.70. 36,099 shares of the stock were exchanged, compared to its average volume of 27,732. Great Southern Bancorp, Inc. has a 12 month low of $48.19 and a 12 month high of $68.01. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $697.00 million, a P/E ratio of 11.71 and a beta of 0.65. The company has a 50-day simple moving average of $62.15 and a two-hundred day simple moving average of $58.94.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. The business had revenue of $90.79 million during the quarter, compared to analysts' expectations of $54.75 million. During the same quarter in the previous year, the company earned $1.33 EPS. On average, analysts forecast that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current fiscal year.
Great Southern Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 14th. Investors of record on Monday, December 30th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Monday, December 30th. Great Southern Bancorp's dividend payout ratio is currently 31.37%.
About Great Southern Bancorp
(
Free Report)
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.
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