Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Bought by Fmr LLC

Fmr LLC increased its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 30.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,613 shares of the financial services provider’s stock after acquiring an additional 13,799 shares during the period. Fmr LLC owned approximately 0.50% of Great Southern Bancorp worth $3,359,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gradient Investments LLC bought a new position in shares of Great Southern Bancorp in the second quarter valued at approximately $40,000. SG Americas Securities LLC bought a new position in shares of Great Southern Bancorp in the second quarter valued at approximately $159,000. Comerica Bank bought a new position in shares of Great Southern Bancorp in the first quarter valued at approximately $173,000. US Bancorp DE boosted its holdings in shares of Great Southern Bancorp by 2.3% in the third quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock valued at $662,000 after acquiring an additional 257 shares in the last quarter. Finally, Creative Planning boosted its holdings in Great Southern Bancorp by 45.7% during the second quarter. Creative Planning now owns 15,209 shares of the financial services provider’s stock worth $846,000 after buying an additional 4,772 shares in the last quarter. 41.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler reduced their target price on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a report on Friday, October 18th.

Great Southern Bancorp Stock Down 0.3 %

Great Southern Bancorp stock opened at $65.87 on Friday. The company has a market capitalization of $769.36 million, a P/E ratio of 12.92 and a beta of 0.65. The firm’s fifty day simple moving average is $61.05 and its 200-day simple moving average is $58.08. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp, Inc. has a 1-year low of $48.19 and a 1-year high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.26 by $0.15. The firm had revenue of $90.79 million for the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. During the same quarter last year, the firm posted $1.33 EPS. Sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.43%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 31.37%.

Insider Activity

In related news, VP Mark A. Maples sold 2,074 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total transaction of $399,780.00. Following the sale, the chief executive officer now directly owns 137,382 shares of the company’s stock, valued at approximately $9,153,762.66. This trade represents a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,174 shares of company stock worth $1,235,009. Corporate insiders own 27.60% of the company’s stock.

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.