Great Southern Bancorp, Inc. (NASDAQ:GSBC) Position Boosted by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,966 shares of the financial services provider’s stock after acquiring an additional 14,425 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.30% of Great Southern Bancorp worth $9,072,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its stake in shares of Great Southern Bancorp by 11.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after buying an additional 215 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Great Southern Bancorp during the third quarter worth approximately $221,000. SG Americas Securities LLC lifted its holdings in shares of Great Southern Bancorp by 48.9% during the third quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider’s stock worth $244,000 after buying an additional 1,398 shares during the last quarter. EMC Capital Management lifted its holdings in shares of Great Southern Bancorp by 188.9% during the fourth quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $268,000 after buying an additional 2,932 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Great Southern Bancorp during the fourth quarter worth approximately $483,000. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Stock Performance

Shares of NASDAQ:GSBC opened at $59.69 on Wednesday. Great Southern Bancorp, Inc. has a twelve month low of $49.72 and a twelve month high of $68.01. The firm has a market cap of $696.92 million, a PE ratio of 11.35 and a beta of 0.65. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The business has a fifty day moving average of $60.37 and a 200-day moving average of $59.46.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. On average, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.68%. The ex-dividend date was Monday, December 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 30.42%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler cut their price target on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd.

Insider Activity

In other Great Southern Bancorp news, VP Mark A. Maples sold 2,600 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $63.42, for a total value of $164,892.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Kevin L. Baker sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $60.02, for a total value of $300,100.00. Following the transaction, the vice president now directly owns 14 shares in the company, valued at $840.28. The trade was a 99.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 27.60% of the stock is currently owned by company insiders.

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.