Connor Clark & Lunn Investment Management Ltd. Takes Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Connor Clark & Lunn Investment Management Ltd. purchased a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,555 shares of the financial services provider’s stock, valued at approximately $570,000. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.08% of Great Southern Bancorp as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in GSBC. BNP Paribas Financial Markets grew its stake in shares of Great Southern Bancorp by 11.3% during the third 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 during the last quarter. Virtu Financial LLC bought a new stake in shares of Great Southern Bancorp in the third quarter valued at about $221,000. AlphaQuest LLC purchased a new stake in Great Southern Bancorp in the fourth quarter worth about $256,000. EMC Capital Management grew its holdings in Great Southern Bancorp by 188.9% during the 4th quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $268,000 after acquiring an additional 2,932 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in Great Southern Bancorp by 11.4% during the 4th quarter. SG Americas Securities LLC now owns 4,745 shares of the financial services provider’s stock valued at $283,000 after purchasing an additional 487 shares during the period. Institutional investors own 41.66% of the company’s stock.

Wall Street Analyst Weigh In

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

Great Southern Bancorp Trading Down 1.1 %

NASDAQ GSBC opened at $56.53 on Friday. The firm has a market cap of $655.63 million, a PE ratio of 10.75 and a beta of 0.62. Great Southern Bancorp, Inc. has a 52 week low of $49.74 and a 52 week high of $68.02. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average price of $58.70 and a 200 day moving average price of $59.51.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.27 EPS 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%. As a group, sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Monday, March 31st. Great Southern Bancorp’s dividend payout ratio is presently 30.42%.

Insider Buying and Selling at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 5,000 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the sale, the vice president now owns 14 shares in the company, valued at $840.28. This represents a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 27.60% of the company’s stock.

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.