Creative Planning Grows Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Creative Planning increased its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 33.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,288 shares of the financial services provider’s stock after purchasing an additional 5,079 shares during the quarter. Creative Planning owned 0.17% of Great Southern Bancorp worth $1,163,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Great Southern Bancorp by 11.5% in the first quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock worth $30,920,000 after buying an additional 58,041 shares during the period. American Century Companies Inc. grew its position in Great Southern Bancorp by 15.6% in the second quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock valued at $9,660,000 after acquiring an additional 23,401 shares in the last quarter. Comerica Bank purchased a new stake in shares of Great Southern Bancorp during the first quarter valued at approximately $173,000. SG Americas Securities LLC acquired a new position in shares of Great Southern Bancorp during the second quarter worth $159,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Great Southern Bancorp by 79.2% during the first quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider’s stock worth $248,000 after purchasing an additional 2,002 shares in the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Insider Activity

In related news, 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 completion of the transaction, the director now directly owns 210,112 shares in the company, valued at approximately $11,795,687.68. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 27.60% of the company’s stock.

Great Southern Bancorp Trading Down 3.0 %

Shares of GSBC opened at $56.69 on Friday. Great Southern Bancorp, Inc. has a one year low of $48.19 and a one year high of $65.90. The stock has a 50-day moving average price of $57.52 and a 200 day moving average price of $55.72. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $662.03 million, a P/E ratio of 11.12 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.15. The business had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.56%. During the same quarter last year, the company earned $1.33 earnings per share. Sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.3 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.82%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp’s payout ratio is currently 31.37%.

Analysts Set New Price Targets

Separately, Piper Sandler dropped their price target on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a research note on Friday, October 18th.

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.