Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance boosted its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 219.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,862 shares of the financial services provider's stock after acquiring an additional 17,070 shares during the period. Independent Advisor Alliance owned about 0.21% of Great Southern Bancorp worth $1,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its holdings in Great Southern Bancorp by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider's stock valued at $4,072,000 after buying an additional 280 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Great Southern Bancorp by 3.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 34,994 shares of the financial services provider's stock worth $2,006,000 after purchasing an additional 1,276 shares during the last quarter. US Bancorp DE boosted its position in Great Southern Bancorp by 2.3% during the third quarter. US Bancorp DE now owns 11,543 shares of the financial services provider's stock valued at $662,000 after purchasing an additional 257 shares in the last quarter. Creative Planning raised its holdings in Great Southern Bancorp by 33.4% in the third quarter. Creative Planning now owns 20,288 shares of the financial services provider's stock worth $1,163,000 after purchasing an additional 5,079 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of Great Southern Bancorp by 48.9% during the third quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider's stock valued at $244,000 after buying an additional 1,398 shares during the last quarter. Hedge funds and other institutional investors own 41.66% of the company's stock.

Great Southern Bancorp Stock Up 0.9 %

Shares of GSBC stock traded up $0.57 during trading hours on Wednesday, reaching $63.80. 27,067 shares of the company's stock were exchanged, compared to its average volume of 27,227. Great Southern Bancorp, Inc. has a 1 year low of $48.19 and a 1 year 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 stock has a market cap of $745.18 million, a PE ratio of 12.45 and a beta of 0.62. The stock's fifty day moving average price is $59.10 and its two-hundred day moving average price is $57.04.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.26 by $0.15. The company had revenue of $90.79 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. During the same quarter last year, the business earned $1.33 earnings per share. Research analysts predict that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.40 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.51%. Great Southern Bancorp's payout ratio is 31.37%.

Insider Buying and Selling at Great Southern Bancorp

In related news, Director Julie A. Brown sold 2,500 shares of the firm's stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $61.05, for a total value of $152,625.00. Following the transaction, the director now directly owns 32,896 shares of the company's stock, valued at approximately $2,008,300.80. This trade represents a 7.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Mark A. Maples sold 2,074 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,574 shares of company stock valued at $1,070,117. Company insiders own 27.73% of the company's stock.

Analysts Set New Price Targets

Separately, Piper Sandler lowered their target price on shares of Great Southern Bancorp from $64.00 to $62.00 and set a "neutral" rating for the company in a research note on Friday, October 18th.

Great Southern Bancorp 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.