Teacher Retirement System of Texas Invests $691,000 in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Teacher Retirement System of Texas acquired a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,573 shares of the financial services provider’s stock, valued at approximately $691,000. Teacher Retirement System of Texas owned approximately 0.10% of Great Southern Bancorp as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its stake 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 worth $121,000 after purchasing an additional 215 shares during the period. Virtu Financial LLC acquired a new position in shares of Great Southern Bancorp during the third quarter worth $221,000. AlphaQuest LLC acquired a new stake in Great Southern Bancorp during the 4th quarter valued at approximately $256,000. EMC Capital Management increased its holdings in Great Southern Bancorp by 188.9% in the fourth quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 2,932 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Great Southern Bancorp by 11.4% during the fourth quarter. SG Americas Securities LLC now owns 4,745 shares of the financial services provider’s stock valued at $283,000 after purchasing an additional 487 shares during the period. Institutional investors and hedge funds own 41.66% of the company’s stock.

Great Southern Bancorp Trading Down 2.4 %

Shares of Great Southern Bancorp stock opened at $56.48 on Monday. The firm has a market cap of $655.06 million, a PE ratio of 10.74 and a beta of 0.62. Great Southern Bancorp, Inc. has a 1 year low of $49.74 and a 1 year high of $68.02. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a fifty day moving average price of $58.47 and a 200-day moving average price of $59.56.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data 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%. Equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a yield of 2.83%. Great Southern Bancorp’s dividend payout ratio (DPR) is 30.42%.

Insider Activity at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 5,000 shares of Great Southern Bancorp stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares of the company’s stock, valued at approximately $840.28. The trade was a 99.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 27.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Piper Sandler cut their price target on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a research note on Thursday, January 23rd.

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.