SG Americas Securities LLC Increases Stock Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

SG Americas Securities LLC grew its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 11.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,745 shares of the financial services provider’s stock after buying an additional 487 shares during the period. SG Americas Securities LLC’s holdings in Great Southern Bancorp were worth $283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BNP Paribas Financial Markets boosted its stake in Great Southern Bancorp by 11.3% in the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 215 shares in the last quarter. US Bancorp DE grew its stake in Great Southern Bancorp by 2.3% during the 3rd quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock worth $662,000 after buying an additional 257 shares during the last quarter. Charles Schwab Investment Management Inc. grew 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 buying an additional 280 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in Great Southern Bancorp by 1.0% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 62,160 shares of the financial services provider’s stock worth $3,562,000 after buying an additional 600 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Great Southern Bancorp by 3.8% in the third quarter. Thrivent Financial for Lutherans now owns 34,994 shares of the financial services provider’s stock valued at $2,006,000 after buying an additional 1,276 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their target price on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating on the stock in a report on Thursday, January 23rd.

Insider Transactions at Great Southern Bancorp

In other news, Director William V. Turner sold 6,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $63.06, for a total transaction of $378,360.00. Following the completion of the transaction, the director now directly owns 210,112 shares of the company’s stock, valued at approximately $13,249,662.72. This represents a 2.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Mark A. Maples sold 2,600 shares of Great Southern Bancorp stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $63.42, for a total value of $164,892.00. The disclosure for this sale can be found here. Insiders have sold a total of 11,100 shares of company stock worth $695,877 over the last ninety days. 27.60% of the stock is currently owned by company insiders.

Great Southern Bancorp Stock Performance

NASDAQ GSBC opened at $60.19 on Thursday. The firm has a market cap of $702.72 million, a P/E ratio of 11.44 and a beta of 0.65. Great Southern Bancorp, Inc. has a 52-week low of $48.19 and a 52-week high of $68.01. The business’s 50-day moving average price is $61.16 and its 200 day moving average price is $59.64. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share 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, equities research analysts expect that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend was Monday, December 30th. Great Southern Bancorp’s payout ratio is 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.