Allspring Global Investments Holdings LLC reduced its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 6.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 137,541 shares of the financial services provider's stock after selling 9,923 shares during the period. Allspring Global Investments Holdings LLC owned 1.18% of Great Southern Bancorp worth $7,882,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans boosted its position in shares of Great Southern Bancorp by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 33,718 shares of the financial services provider's stock worth $1,875,000 after purchasing an additional 335 shares in the last quarter. EntryPoint Capital LLC increased its position in shares of Great Southern Bancorp by 130.5% during the first quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider's stock worth $53,000 after acquiring an additional 543 shares in the last quarter. Gradient Investments LLC acquired a new stake in shares of Great Southern Bancorp during the second quarter worth $40,000. EMC Capital Management lifted its position in Great Southern Bancorp by 33.4% in the 1st quarter. EMC Capital Management now owns 4,484 shares of the financial services provider's stock valued at $246,000 after acquiring an additional 1,123 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in Great Southern Bancorp by 48.9% during the 3rd quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider's stock worth $244,000 after purchasing an additional 1,398 shares in the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, Piper Sandler reduced their price objective on 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.
View Our Latest Research Report on Great Southern Bancorp
Insider Transactions at Great Southern Bancorp
In other Great Southern Bancorp news, Director William V. Turner sold 4,420 shares of the firm's stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $56.14, for a total transaction of $248,138.80. Following the completion of the sale, the director now owns 210,112 shares of the company's stock, valued at $11,795,687.68. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director William V. Turner sold 6,000 shares of the stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $63.19, for a total transaction of $379,140.00. Following the transaction, the director now owns 214,532 shares in the company, valued at approximately $13,556,277.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William V. Turner sold 4,420 shares of the business's stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $56.14, for a total value of $248,138.80. Following the completion of the sale, the director now owns 210,112 shares of the company's stock, valued at $11,795,687.68. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 27.60% of the stock is owned by company insiders.
Great Southern Bancorp Stock Down 3.0 %
GSBC stock traded down $1.75 during midday trading on Friday, hitting $56.89. The company's stock had a trading volume of 17,988 shares, compared to its average volume of 16,754. The company's fifty day moving average price is $57.43 and its 200 day moving average price is $55.60. Great Southern Bancorp, Inc. has a twelve month low of $46.60 and a twelve month high of $65.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market capitalization of $664.48 million, a P/E ratio of 11.15 and a beta of 0.62.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.15. Great Southern Bancorp had a return on equity of 10.56% and a net margin of 17.21%. The firm had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. During the same period last year, the company earned $1.33 earnings per share. As a group, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.
Great Southern Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp's dividend payout ratio (DPR) is presently 31.37%.
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.
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