Renaissance Technologies LLC Has $12.65 Million Stock Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Renaissance Technologies LLC trimmed its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 227,400 shares of the financial services provider’s stock after selling 500 shares during the quarter. Renaissance Technologies LLC owned approximately 1.95% of Great Southern Bancorp worth $12,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in GSBC. Commerce Bank raised its holdings in Great Southern Bancorp by 5.1% during the 4th quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 400 shares during the last quarter. EntryPoint Capital LLC increased its position in shares of Great Southern Bancorp by 130.5% during the first quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock worth $53,000 after buying an additional 543 shares during the period. Gradient Investments LLC bought a new position in Great Southern Bancorp during the second quarter worth $40,000. EMC Capital Management lifted its holdings in Great Southern Bancorp by 33.4% in the first quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock valued at $246,000 after buying an additional 1,123 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in Great Southern Bancorp by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 55,885 shares of the financial services provider’s stock valued at $3,108,000 after acquiring an additional 1,504 shares during the last quarter. 41.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Piper Sandler lifted their price objective on Great Southern Bancorp from $53.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, July 18th.

Great Southern Bancorp Stock Performance

Shares of GSBC stock opened at $59.49 on Monday. The firm has a 50 day moving average of $58.87 and a 200-day moving average of $54.84. The company has a market cap of $693.53 million, a price-to-earnings ratio of 11.69 and a beta of 0.62. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.18. Great Southern Bancorp, Inc. has a 52 week low of $45.66 and a 52 week high of $65.90.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.25. The firm had revenue of $90.76 million for the quarter, compared to analyst estimates of $53.75 million. Great Southern Bancorp had a net margin of 17.42% and a return on equity of 10.62%. During the same quarter in the prior year, the business earned $1.52 earnings per share. On average, equities analysts forecast that Great Southern Bancorp, Inc. will post 5.09 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.40 dividend. The ex-dividend date is Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.69%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 31.43%.

Insider Activity

In related news, Director William V. Turner sold 6,000 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $63.19, for a total value of $379,140.00. Following the transaction, the director now directly owns 214,532 shares in the company, valued at approximately $13,556,277.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Great Southern Bancorp news, Director William V. Turner sold 6,000 shares of the business’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $63.19, for a total transaction of $379,140.00. Following the completion of the sale, the director now owns 214,532 shares in the company, valued at approximately $13,556,277.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Earl A. Steinert, Jr. sold 5,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $63.21, for a total transaction of $316,050.00. Following the completion of the transaction, the director now directly owns 939,596 shares in the company, valued at $59,391,863.16. The disclosure for this sale can be found here. Insiders sold a total of 15,670 shares of company stock worth $958,706 over the last quarter. 27.60% of the stock is currently owned by corporate 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.