EMC Capital Management decreased its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC – Free Report) by 65.4% during the third quarter, HoldingsChannel.com reports. The fund owned 1,552 shares of the financial services provider’s stock after selling 2,932 shares during the period. EMC Capital Management’s holdings in Great Southern Bancorp were worth $89,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Gradient Investments LLC bought a new position in shares of Great Southern Bancorp in the second quarter valued at approximately $40,000. EntryPoint Capital LLC raised its holdings in Great Southern Bancorp by 130.5% in the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 543 shares during the period. SG Americas Securities LLC acquired a new position in Great Southern Bancorp during the 2nd quarter worth $159,000. Comerica Bank bought a new stake in Great Southern Bancorp during the first quarter valued at about $173,000. Finally, BNP Paribas Financial Markets grew its position in shares of Great Southern Bancorp by 79.2% in the first quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider’s stock valued at $248,000 after purchasing an additional 2,002 shares during the last quarter. 41.66% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Piper Sandler cut 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.
Insider Buying and Selling at Great Southern Bancorp
In other news, Director William V. Turner sold 4,420 shares of Great Southern Bancorp stock in a transaction that occurred 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 sale, the director now owns 210,112 shares of the company’s stock, valued at approximately $11,795,687.68. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 27.60% of the company’s stock.
Great Southern Bancorp Trading Up 0.8 %
Shares of Great Southern Bancorp stock opened at $57.16 on Friday. Great Southern Bancorp, Inc. has a 1 year low of $48.19 and a 1 year high of $65.90. The company’s fifty day simple moving average is $57.46 and its 200-day simple moving average is $55.77. The company has a market cap of $667.63 million, a price-to-earnings ratio of 11.21 and a beta of 0.62. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18.
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 (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.56%. The company had revenue of $90.79 million for the quarter, compared to analyst estimates of $54.75 million. During the same period last year, the business posted $1.33 EPS. As a group, sell-side analysts expect that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.
Great Southern Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 2.80%. Great Southern Bancorp’s dividend payout ratio is 31.37%.
Great Southern Bancorp Company 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.
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