Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 48.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,258 shares of the financial services provider’s stock after purchasing an additional 1,398 shares during the quarter. SG Americas Securities LLC’s holdings in Great Southern Bancorp were worth $244,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Gradient Investments LLC acquired a new stake in Great Southern Bancorp in the second quarter valued at approximately $40,000. EntryPoint Capital LLC boosted its stake in shares of Great Southern Bancorp by 130.5% during the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock valued at $53,000 after buying an additional 543 shares during the last quarter. Comerica Bank purchased a new position in shares of Great Southern Bancorp during the 1st quarter valued at approximately $173,000. EMC Capital Management boosted its stake in shares of Great Southern Bancorp by 33.4% during the 1st 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 last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Great Southern Bancorp by 79.2% during the 1st quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider’s stock valued at $248,000 after buying an additional 2,002 shares during the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Insider Activity

In other news, Director Earl A. Steinert, Jr. sold 5,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The stock was sold at an average price of $63.21, for a total transaction of $316,050.00. Following the transaction, the director now directly owns 939,596 shares of the company’s stock, valued at approximately $59,391,863.16. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Earl A. Steinert, Jr. sold 5,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The stock was sold at an average price of $63.21, for a total transaction of $316,050.00. Following the transaction, the director now directly owns 939,596 shares of the company’s stock, valued at approximately $59,391,863.16. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William V. Turner sold 4,420 shares of Great Southern Bancorp stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $56.14, for a total value of $248,138.80. Following the transaction, the director now directly owns 210,112 shares in the company, valued at approximately $11,795,687.68. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,420 shares of company stock valued at $943,329. Company insiders own 27.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler reduced their target price on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research note on Friday.

Great Southern Bancorp Stock Performance

Great Southern Bancorp stock opened at $55.84 on Tuesday. The stock has a market cap of $650.98 million, a P/E ratio of 11.01 and a beta of 0.62. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average of $57.24 and a 200-day moving average of $55.42. Great Southern Bancorp, Inc. has a 52 week low of $46.60 and a 52 week high of $65.90.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.15. The company had revenue of $90.79 million for the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.42%. During the same period last year, the business posted $1.33 earnings per share. On average, analysts expect that Great Southern Bancorp, Inc. will post 5.09 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 31.43%.

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.