Independent Advisor Alliance Grows Stock Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Independent Advisor Alliance lifted its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 219.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,862 shares of the financial services provider’s stock after purchasing an additional 17,070 shares during the quarter. Independent Advisor Alliance owned 0.21% of Great Southern Bancorp worth $1,425,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. US Bancorp DE lifted its stake in Great Southern Bancorp by 2.3% in the third quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock worth $662,000 after purchasing an additional 257 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Great Southern Bancorp by 0.4% during 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 acquiring an additional 280 shares during the period. Thrivent Financial for Lutherans grew its position in Great Southern Bancorp by 1.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 33,718 shares of the financial services provider’s stock worth $1,875,000 after acquiring an additional 335 shares during the last quarter. Gradient Investments LLC bought a new position in Great Southern Bancorp during the 2nd quarter worth approximately $40,000. Finally, EMC Capital Management increased its stake 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 worth $246,000 after purchasing an additional 1,123 shares during the period. 41.66% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Julie A. Brown sold 2,500 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $61.05, for a total value of $152,625.00. Following the sale, the director now directly owns 32,896 shares of the company’s stock, valued at $2,008,300.80. This represents a 7.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mark A. Maples sold 2,074 shares of Great Southern Bancorp stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The disclosure for this sale can be found here. Insiders sold 16,574 shares of company stock worth $1,070,117 over the last three months. Company insiders own 27.60% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler decreased their target price on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a research note on Friday, October 18th.

Great Southern Bancorp Stock Down 1.3 %

NASDAQ GSBC opened at $63.23 on Wednesday. The business’s 50-day moving average is $59.01 and its 200 day moving average is $56.98. The stock has a market capitalization of $738.21 million, a PE ratio of 12.47 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, Inc. has a 1 year low of $48.19 and a 1 year high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.15. The company had revenue of $90.79 million during the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. During the same quarter last year, the firm posted $1.33 earnings per share. Sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp’s payout ratio is currently 31.37%.

Great Southern Bancorp 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.