Globeflex Capital L P purchased a new position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,796 shares of the financial services provider's stock, valued at approximately $1,082,000. Globeflex Capital L P owned 0.13% of Great Southern Bancorp as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Commerce Bank acquired a new position in shares of Great Southern Bancorp in the 2nd quarter valued at about $654,000. Quantbot Technologies LP purchased a new position in Great Southern Bancorp during the second quarter valued at approximately $71,000. BlackRock Inc. purchased a new position in Great Southern Bancorp during the second quarter valued at approximately $60,624,000. Deutsche Bank AG acquired a new position in Great Southern Bancorp in the second quarter valued at approximately $627,000. Finally, OneDigital Investment Advisors LLC purchased a new stake in Great Southern Bancorp in the 2nd quarter worth approximately $470,000. Hedge funds and other institutional investors own 41.66% of the company's stock.
Insider Activity
In other news, Director Julie A. Brown sold 851 shares of Great Southern Bancorp stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $81.00, for a total value of $68,931.00. Following the sale, the director directly owned 7,052 shares of the company's stock, valued at $571,212. The trade was a 10.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 29.75% of the stock is owned by corporate insiders.
Great Southern Bancorp Stock Performance
NASDAQ:GSBC opened at $78.65 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $857.13 million, a PE ratio of 13.06 and a beta of 0.49. Great Southern Bancorp, Inc. has a fifty-two week low of $53.76 and a fifty-two week high of $82.91. The company has a fifty day moving average of $78.66 and a two-hundred day moving average of $70.73.
Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.19. The business had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. As a group, research analysts forecast that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current fiscal year.
Great Southern Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Monday, June 29th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, June 29th. Great Southern Bancorp's dividend payout ratio (DPR) is 28.57%.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a "market perform" rating in a report on Friday, July 17th. Weiss Ratings lowered shares of Great Southern Bancorp from a "buy (b+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Zacks Research cut shares of Great Southern Bancorp from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 16th. Finally, Wall Street Zen lowered shares of Great Southern Bancorp from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Great Southern Bancorp currently has a consensus rating of "Hold" and a consensus price target of $74.00.
Check Out Our Latest Analysis on Great Southern Bancorp
About Great Southern Bancorp
(
Free Report)
Great Southern Bancorp, Inc NASDAQ: GSBC is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.
Great Southern Bank's core business activities include deposit-taking, lending and treasury management.
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