UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 34.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,106 shares of the financial services provider’s stock after selling 9,690 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.16% of Great Southern Bancorp worth $1,038,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its position 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. SG Americas Securities LLC purchased a new stake in Great Southern Bancorp during the second quarter valued at approximately $159,000. US Bancorp DE boosted its stake in Great Southern Bancorp by 2.3% in the third quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock valued at $662,000 after acquiring an additional 257 shares in the last quarter. Creative Planning boosted its stake in Great Southern Bancorp by 45.7% in the second quarter. Creative Planning now owns 15,209 shares of the financial services provider’s stock valued at $846,000 after acquiring an additional 4,772 shares in the last quarter. Finally, Independent Advisor Alliance grew its holdings in Great Southern Bancorp by 219.1% in the third quarter. Independent Advisor Alliance now owns 24,862 shares of the financial services provider’s stock worth $1,425,000 after purchasing an additional 17,070 shares during the last quarter. 41.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lowered their price objective on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, October 18th.

Insider Activity at Great Southern Bancorp

In related news, VP Mark A. Maples sold 2,074 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph W. Turner sold 6,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total value of $399,780.00. Following the sale, the chief executive officer now directly owns 137,382 shares in the company, valued at $9,153,762.66. This represents a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,174 shares of company stock worth $1,235,009 over the last quarter. Insiders own 27.60% of the company’s stock.

Great Southern Bancorp Stock Performance

GSBC opened at $61.79 on Thursday. The company has a market cap of $721.40 million, a P/E ratio of 12.12 and a beta of 0.65. 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 firm’s 50-day moving average price is $61.60 and its 200-day moving average price is $58.39. Great Southern Bancorp, Inc. has a 52-week low of $48.19 and a 52-week high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping the consensus estimate 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 10.36%. During the same period in the previous year, the firm posted $1.33 earnings per share. As a group, equities analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 EPS for the current fiscal year.

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.