Hsbc Holdings PLC Invests $361,000 in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Hsbc Holdings PLC purchased a new stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,003 shares of the financial services provider's stock, valued at approximately $361,000. Hsbc Holdings PLC owned about 0.05% of Great Southern Bancorp as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GSBC. Tower Research Capital LLC TRC boosted its stake in shares of Great Southern Bancorp by 146.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock valued at $36,000 after purchasing an additional 355 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Great Southern Bancorp during the fourth quarter valued at about $256,000. ExodusPoint Capital Management LP acquired a new position in Great Southern Bancorp during the 4th quarter worth approximately $256,000. EMC Capital Management raised its holdings in Great Southern Bancorp by 188.9% during the fourth quarter. EMC Capital Management now owns 4,484 shares of the financial services provider's stock worth $268,000 after buying an additional 2,932 shares during the last quarter. Finally, Virtu Financial LLC raised its holdings in shares of Great Southern Bancorp by 20.3% in the 4th quarter. Virtu Financial LLC now owns 4,637 shares of the financial services provider's stock worth $277,000 after acquiring an additional 782 shares during the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Keefe, Bruyette & Woods decreased their price objective on shares of Great Southern Bancorp from $63.00 to $61.00 and set a "market perform" rating for the company in a research note on Monday, April 21st. Piper Sandler reduced their price target on Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Monday, April 21st.

Great Southern Bancorp Price Performance

GSBC traded up $2.55 during midday trading on Monday, hitting $59.27. The stock had a trading volume of 64,743 shares, compared to its average volume of 29,862. Great Southern Bancorp, Inc. has a 1 year low of $47.57 and a 1 year high of $68.02. The company has a market cap of $679.71 million, a P/E ratio of 11.27 and a beta of 0.51. The business has a fifty day moving average of $55.03 and a 200 day moving average of $58.83. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. The business had revenue of $55.92 million during the quarter, compared to analysts' expectations of $55.53 million. As a group, equities analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 31st were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend was Monday, March 31st. Great Southern Bancorp's dividend payout ratio is currently 28.57%.

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.