KLP Kapitalforvaltning AS Buys New Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

KLP Kapitalforvaltning AS acquired a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,100 shares of the financial services provider’s stock, valued at approximately $606,000. KLP Kapitalforvaltning AS owned 0.09% of Great Southern Bancorp at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. FMR LLC boosted its position in shares of Great Southern Bancorp by 30.8% during the third quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after buying an additional 13,799 shares during the last quarter. Barclays PLC increased its stake in shares of Great Southern Bancorp by 136.6% in the 3rd quarter. Barclays PLC now owns 15,508 shares of the financial services provider’s stock worth $889,000 after purchasing an additional 8,954 shares in the last quarter. JPMorgan Chase & Co. increased its position in Great Southern Bancorp by 98.6% in the third quarter. JPMorgan Chase & Co. now owns 18,779 shares of the financial services provider’s stock worth $1,076,000 after buying an additional 9,325 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Great Southern Bancorp by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock worth $4,072,000 after acquiring an additional 280 shares during the period. Finally, Proficio Capital Partners LLC purchased a new position in shares of Great Southern Bancorp during the 4th quarter valued at $966,000. 41.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut their target price on shares of 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 Kevin L. Baker sold 5,000 shares of the business’s 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 completion of the transaction, the vice president now owns 14 shares in the company, valued at $840.28. The trade was a 99.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 27.60% of the company’s stock.

Great Southern Bancorp Trading Down 0.4 %

Shares of NASDAQ:GSBC opened at $55.65 on Thursday. The business’s 50-day moving average is $58.18 and its 200 day moving average is $59.52. The firm has a market capitalization of $645.43 million, a P/E ratio of 10.58 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. Great Southern Bancorp, Inc. has a 1 year low of $49.74 and a 1 year high of $68.02.

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 the consensus estimate 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, research analysts predict that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a $0.40 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a yield of 2.88%. Great Southern Bancorp’s dividend payout ratio is currently 30.42%.

Great Southern Bancorp 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.