UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 34.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,106 shares of the financial services provider's stock after selling 9,690 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.16% of Great Southern Bancorp worth $1,038,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in shares of Great Southern Bancorp by 11.3% in the third 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 in the last quarter. SG Americas Securities LLC acquired a new position in shares of Great Southern Bancorp during the 2nd quarter valued at $159,000. US Bancorp DE raised its stake in shares of Great Southern Bancorp by 2.3% in the 3rd quarter. US Bancorp DE now owns 11,543 shares of the financial services provider's stock worth $662,000 after buying an additional 257 shares in the last quarter. Creative Planning lifted its holdings in shares of Great Southern Bancorp by 45.7% in the second 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 period. Finally, Independent Advisor Alliance boosted its stake in 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 valued at $1,425,000 after buying an additional 17,070 shares in the last quarter. Institutional investors own 41.66% of the company's stock.
Great Southern Bancorp Trading Down 0.1 %
GSBC traded down $0.05 during trading on Thursday, reaching $61.74. The company had a trading volume of 34,500 shares, compared to its average volume of 27,401. Great Southern Bancorp, Inc. has a 12-month low of $48.19 and a 12-month high of $68.01. The firm's 50-day simple moving average is $61.60 and its 200 day simple moving average is $58.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market cap of $720.81 million, a price-to-earnings ratio of 12.11 and a beta of 0.65.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued 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 10.36% and a net margin of 17.21%. The business had revenue of $90.79 million for the quarter, compared to the consensus estimate of $54.75 million. During the same quarter in the previous year, the company posted $1.33 earnings per share. Equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current year.
Great Southern Bancorp Dividend Announcement
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 issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Monday, December 30th. Great Southern Bancorp's dividend payout ratio is currently 31.37%.
Analyst Ratings Changes
Separately, Piper Sandler cut their price target on shares of Great Southern Bancorp from $64.00 to $62.00 and set a "neutral" rating for the company in a report on Friday, October 18th.
Check Out Our Latest Stock Report on Great Southern Bancorp
Insider Activity at Great Southern Bancorp
In related news, CEO Joseph W. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total transaction of $399,780.00. Following the completion of the sale, the chief executive officer now owns 137,382 shares of the company's stock, valued at approximately $9,153,762.66. This trade represents a 4.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Mark A. Maples sold 2,074 shares of the company's stock in a transaction dated 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 19,174 shares of company stock valued at $1,235,009. Corporate insiders own 27.60% of the company's stock.
Great Southern Bancorp Profile
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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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