Teacher Retirement System of Texas Lowers Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Teacher Retirement System of Texas cut its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) by 51.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,647 shares of the financial services provider's stock after selling 5,926 shares during the quarter. Teacher Retirement System of Texas' holdings in Great Southern Bancorp were worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of GSBC. Dimensional Fund Advisors LP raised its holdings in shares of Great Southern Bancorp by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 731,380 shares of the financial services provider's stock worth $43,664,000 after buying an additional 3,019 shares in the last quarter. American Century Companies Inc. boosted its position in Great Southern Bancorp by 8.1% during the fourth quarter. American Century Companies Inc. now owns 208,213 shares of the financial services provider's stock valued at $12,430,000 after acquiring an additional 15,557 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Great Southern Bancorp by 9.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 166,293 shares of the financial services provider's stock worth $9,208,000 after acquiring an additional 14,327 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Great Southern Bancorp by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider's stock worth $4,263,000 after purchasing an additional 363 shares during the last quarter. Finally, Dean Investment Associates LLC raised its position in shares of Great Southern Bancorp by 85.8% during the 4th quarter. Dean Investment Associates LLC now owns 41,903 shares of the financial services provider's stock valued at $2,502,000 after buying an additional 19,346 shares in the last quarter. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Great Southern Bancorp Trading Down 2.7%

Shares of NASDAQ GSBC traded down $1.66 during midday trading on Friday, reaching $60.51. 78,974 shares of the stock were exchanged, compared to its average volume of 37,130. The stock has a 50 day moving average price of $58.30 and a 200-day moving average price of $57.47. Great Southern Bancorp, Inc. has a 52-week low of $47.57 and a 52-week high of $68.02. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $694.05 million, a P/E ratio of 10.31 and a beta of 0.53.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last released its quarterly 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. The business had revenue of $59.18 million during the quarter, compared to analysts' expectations of $55.61 million. Great Southern Bancorp had a return on equity of 11.24% and a net margin of 19.18%. Equities research 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend was Monday, June 30th. Great Southern Bancorp's payout ratio is currently 27.26%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GSBC. Wall Street Zen upgraded shares of Great Southern Bancorp from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Piper Sandler decreased their price objective on shares of Great Southern Bancorp from $62.00 to $58.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st. Finally, Keefe, Bruyette & Woods upped their price target on Great Southern Bancorp from $61.00 to $63.00 and gave the company a "market perform" rating in a research report on Friday.

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.