Great Southern Bancorp, Inc. $GSBC Stock Position Reduced by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. has reduced its stake in Great Southern Bancorp by 6.3% during the first quarter, representing ownership of approximately 4.54% of the company.
• Great Southern Bancorp reported earnings of $1.72 EPS for the last quarter, surpassing analyst estimates of $1.37 EPS and achieving a revenue of $59.18 million.
• The company announced a quarterly dividend of $0.40, with a current dividend yield of 2.5% and a payout ratio of 27.26%.

Vanguard Group Inc. lessened its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 6.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 527,096 shares of the financial services provider's stock after selling 35,546 shares during the period. Vanguard Group Inc. owned 4.54% of Great Southern Bancorp worth $29,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Great Southern Bancorp by 9.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 166,293 shares of the financial services provider's stock valued at $9,208,000 after purchasing an additional 14,327 shares during the period. Dean Capital Management grew its holdings in Great Southern Bancorp by 82.0% during the fourth quarter. Dean Capital Management now owns 28,242 shares of the financial services provider's stock worth $1,686,000 after acquiring an additional 12,721 shares during the period. Bridgeway Capital Management LLC acquired a new position in Great Southern Bancorp during the fourth quarter worth $662,000. Mercer Global Advisors Inc. ADV acquired a new position in Great Southern Bancorp during the fourth quarter worth $640,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Great Southern Bancorp during the first quarter worth $457,000. Hedge funds and other institutional investors own 41.66% of the company's stock.

Great Southern Bancorp Stock Down 0.3%

Shares of GSBC stock traded down $0.19 during trading hours on Monday, reaching $63.29. The company had a trading volume of 21,969 shares, compared to its average volume of 36,937. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a twelve month low of $47.57 and a twelve month high of $68.01. The company has a market capitalization of $717.08 million, a P/E ratio of 10.78 and a beta of 0.57. The stock's fifty day simple moving average is $59.89 and its 200 day simple moving average is $57.47.

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

Great Southern Bancorp Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently weighed in on GSBC. Wall Street Zen raised Great Southern Bancorp from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Keefe, Bruyette & Woods upped their price objective on Great Southern Bancorp from $61.00 to $63.00 and gave the company a "market perform" rating in a research report on Friday, July 18th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Great Southern Bancorp presently has a consensus rating of "Hold" and a consensus target price of $60.50.

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.