JPMorgan Chase & Co. increased its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 98.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,779 shares of the financial services provider's stock after buying an additional 9,325 shares during the quarter. JPMorgan Chase & Co. owned about 0.16% of Great Southern Bancorp worth $1,076,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in GSBC. Independent Advisor Alliance boosted its stake in shares of Great Southern Bancorp by 219.1% during the third quarter. Independent Advisor Alliance now owns 24,862 shares of the financial services provider's stock worth $1,425,000 after buying an additional 17,070 shares during the period. FMR LLC raised its stake in Great Southern Bancorp by 30.8% during the 3rd quarter. FMR LLC now owns 58,613 shares of the financial services provider's stock valued at $3,359,000 after acquiring an additional 13,799 shares during the last quarter. Barclays PLC lifted its position in Great Southern Bancorp by 136.6% during the 3rd quarter. Barclays PLC now owns 15,508 shares of the financial services provider's stock worth $889,000 after acquiring an additional 8,954 shares during the period. Creative Planning lifted its position in Great Southern Bancorp by 33.4% during the 3rd quarter. Creative Planning now owns 20,288 shares of the financial services provider's stock worth $1,163,000 after acquiring an additional 5,079 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of Great Southern Bancorp in the 3rd quarter valued at approximately $221,000. Institutional investors and hedge funds own 41.66% of the company's stock.
Insider Buying and Selling at Great Southern Bancorp
In related news, CEO Joseph W. Turner sold 6,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total value of $399,780.00. Following the completion of the transaction, the chief executive officer now directly owns 137,382 shares of the company's stock, valued at $9,153,762.66. This trade represents a 4.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Mark A. Maples sold 2,600 shares of the business's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $63.42, for a total value of $164,892.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,174 shares of company stock valued at $1,235,009. 27.60% of the stock is owned by company insiders.
Great Southern Bancorp Stock Performance
Shares of Great Southern Bancorp stock traded up $0.26 on Friday, reaching $58.66. 43,013 shares of the stock were exchanged, compared to its average volume of 26,574. The firm has a market capitalization of $685.15 million, a PE ratio of 11.15 and a beta of 0.65. Great Southern Bancorp, Inc. has a 1-year low of $48.19 and a 1-year high of $68.01. The business has a fifty day moving average price of $61.73 and a two-hundred day moving average price of $59.64. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. As a group, research analysts anticipate that Great Southern Bancorp, Inc. will post 5.18 earnings per share for the current fiscal year.
Great Southern Bancorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.73%. The ex-dividend date was Monday, December 30th. Great Southern Bancorp's payout ratio is 30.42%.
Wall Street Analyst Weigh In
Separately, Piper Sandler cut their price target on Great Southern Bancorp from $67.00 to $64.00 and set a "neutral" rating for the company in a research note on Thursday.
Get Our Latest Report on GSBC
Great Southern Bancorp Profile
(
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.
Further Reading
Before you consider Great Southern Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Great Southern Bancorp wasn't on the list.
While Great Southern Bancorp currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
