Great Southern Bancorp, Inc. $GSBC Shares Purchased by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its stake in Great Southern Bancorp by 9.7%, purchasing an additional 20,248 shares, bringing its total ownership to approximately 228,461 shares valued at $12.65 million.
• Great Southern Bancorp reported earnings of $1.72 per share for the quarter, surpassing analyst estimates of $1.37, alongside a revenue of $59.18 million compared to expectations of $55.61 million.
• The company announced a quarterly dividend of $0.40, yielding 2.6%, with a payout ratio currently at 27.26%.

American Century Companies Inc. lifted its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 9.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 228,461 shares of the financial services provider's stock after purchasing an additional 20,248 shares during the period. American Century Companies Inc. owned about 1.99% of Great Southern Bancorp worth $12,650,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in GSBC. Versant Capital Management Inc increased its position in shares of Great Southern Bancorp by 81.6% during the first quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider's stock worth $27,000 after purchasing an additional 217 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Great Southern Bancorp by 146.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider's stock worth $36,000 after buying an additional 355 shares during the period. Squarepoint Ops LLC boosted its stake in shares of Great Southern Bancorp by 9.8% during the fourth quarter. Squarepoint Ops LLC now owns 4,620 shares of the financial services provider's stock worth $276,000 after buying an additional 411 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Great Southern Bancorp by 4.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the financial services provider's stock worth $293,000 after buying an additional 200 shares during the period. Finally, State of Tennessee Department of Treasury acquired a new stake in shares of Great Southern Bancorp during the fourth quarter worth about $330,000. Institutional investors and hedge funds own 41.66% of the company's stock.

Wall Street Analysts Forecast Growth

GSBC has been the subject of several recent research reports. Wall Street Zen upgraded shares of Great Southern Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Keefe, Bruyette & Woods increased their target price on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a "market perform" rating in a research note on Friday, July 18th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $60.50.

Great Southern Bancorp Stock Performance

Shares of Great Southern Bancorp stock traded down $0.19 on Friday, reaching $63.29. 21,969 shares of the stock were exchanged, compared to its average volume of 36,937. Great Southern Bancorp, Inc. has a 1-year low of $47.57 and a 1-year high of $68.01. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average price of $59.89 and a two-hundred day moving average price of $57.47. The firm has a market capitalization of $717.08 million, a PE ratio of 10.78 and a beta of 0.57.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.35. Great Southern Bancorp had a net margin of 19.18% and a return on equity of 11.17%. The business had revenue of $59.18 million for the quarter, compared to analyst estimates of $55.61 million. As a group, research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 30th. Great Southern Bancorp's dividend payout ratio is presently 27.26%.

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.