Tudor Investment Corp ET AL Acquires New Shares in Great Southern Bancorp, Inc. $GSBC

Key Points

• Tudor Investment Corp bought a new stake of 17,505 shares in Great Southern Bancorp (≈$1.07M), representing about 0.16% of the company at the end of the reporting period.
• Great Southern beat estimates with $1.45 EPS for the quarter (consensus $1.38) and reported $56.35M in revenue, while showing a 11.33% ROE and a 20.7% net margin.
• The company announced a quarterly dividend of $0.43 (annualized $1.72) with an ex-dividend date of March 30, implying a yield of about 2.7%.

Tudor Investment Corp ET AL bought a new stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,505 shares of the financial services provider's stock, valued at approximately $1,072,000. Tudor Investment Corp ET AL owned approximately 0.16% of Great Southern Bancorp at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new stake in shares of Great Southern Bancorp during the 3rd quarter valued at about $27,000. Russell Investments Group Ltd. increased its holdings in Great Southern Bancorp by 1,301.8% in the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider's stock worth $47,000 after buying an additional 716 shares during the last quarter. Quadrant Capital Group LLC bought a new position in Great Southern Bancorp during the third quarter valued at approximately $128,000. CWM LLC raised its position in Great Southern Bancorp by 224.7% during the third quarter. CWM LLC now owns 2,789 shares of the financial services provider's stock valued at $171,000 after acquiring an additional 1,930 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in Great Southern Bancorp in the second quarter valued at approximately $206,000. 41.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently commented on GSBC. Keefe, Bruyette & Woods increased their price target 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, January 23rd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Great Southern Bancorp in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Great Southern Bancorp from a "strong sell" rating to a "hold" rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $60.50.

Great Southern Bancorp Stock Up 0.8%

GSBC opened at $62.60 on Tuesday. The firm has a market cap of $686.10 million, a P/E ratio of 10.10 and a beta of 0.51. 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 business has a 50 day moving average price of $62.56 and a 200 day moving average price of $61.42. Great Southern Bancorp, Inc. has a twelve month low of $47.57 and a twelve month high of $67.70.

Great Southern Bancorp (NASDAQ:GSBC - Get Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $1.45 EPS for the quarter, beating the consensus estimate of $1.38 by $0.07. Great Southern Bancorp had a return on equity of 11.33% and a net margin of 20.70%.The company had revenue of $56.35 million for the quarter, compared to the consensus estimate of $55.03 million. Research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 30th will be paid a $0.43 dividend. The ex-dividend date is Monday, March 30th. This represents a $1.72 dividend on an annualized basis and a yield of 2.7%. Great Southern Bancorp's dividend payout ratio (DPR) is presently 27.74%.

Insider Buying and Selling

In related news, CEO Joseph W. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Monday, January 26th. The shares were sold at an average price of $60.74, for a total value of $364,440.00. Following the transaction, the chief executive officer owned 137,382 shares in the company, valued at $8,344,582.68. This trade represents a 4.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William V. Turner sold 6,000 shares of the business's stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $59.70, for a total transaction of $358,200.00. Following the transaction, the director directly owned 199,112 shares of the company's stock, valued at approximately $11,886,986.40. This represents a 2.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,680 shares of company stock worth $885,376 in the last quarter. 27.93% of the stock is currently owned by company insiders.

Great Southern Bancorp Company Profile

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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