Teacher Retirement System of Texas Acquires New Stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Teacher Retirement System of Texas purchased a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,573 shares of the financial services provider's stock, valued at approximately $691,000. Teacher Retirement System of Texas owned approximately 0.10% of Great Southern Bancorp as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its position in shares of Great Southern Bancorp by 0.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider's stock valued at $4,072,000 after purchasing an additional 280 shares in the last quarter. FMR LLC raised its holdings in Great Southern Bancorp by 30.8% in the third 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 in the last quarter. BNP Paribas Financial Markets boosted its stake in Great Southern Bancorp by 11.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider's stock valued at $121,000 after acquiring an additional 215 shares during the last quarter. PDT Partners LLC grew its holdings in Great Southern Bancorp by 33.1% during the 3rd quarter. PDT Partners LLC now owns 8,485 shares of the financial services provider's stock worth $486,000 after acquiring an additional 2,108 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its position in shares of Great Southern Bancorp by 1.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 62,160 shares of the financial services provider's stock worth $3,562,000 after purchasing an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 41.66% of the company's stock.

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Analyst Upgrades and Downgrades

Separately, Piper Sandler lowered their price objective on Great Southern Bancorp from $67.00 to $64.00 and set a "neutral" rating for the company in a report on Thursday, January 23rd.

Great Southern Bancorp Stock Performance

Shares of GSBC stock traded down $4.26 on Thursday, hitting $51.39. 51,347 shares of the stock traded hands, compared to its average volume of 28,850. The company's fifty day moving average is $58.04 and its 200 day moving average is $59.46. Great Southern Bancorp, Inc. has a 1-year low of $49.74 and a 1-year high of $68.02. The company has a market capitalization of $596.02 million, a PE ratio of 9.77 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. On average, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.24 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 Monday, April 14th. Stockholders of record on Monday, March 31st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date is Monday, March 31st. Great Southern Bancorp's payout ratio is 30.42%.

Insider Buying and Selling

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the business'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 completion of the transaction, the vice president now directly owns 14 shares of the company's stock, valued at $840.28. The trade was a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 27.60% of the company's stock.

About Great Southern Bancorp

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.