EMC Capital Management Lowers Stock Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

EMC Capital Management cut its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBCFree Report) by 66.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,361 shares of the financial services provider’s stock after selling 6,800 shares during the period. EMC Capital Management’s holdings in Great Southern Bancorp were worth $161,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Lazard Asset Management LLC purchased a new stake in shares of Great Southern Bancorp during the 2nd quarter valued at $31,000. Royal Bank of Canada grew its stake in shares of Great Southern Bancorp by 82.0% during the 2nd quarter. Royal Bank of Canada now owns 950 shares of the financial services provider’s stock valued at $48,000 after buying an additional 428 shares during the period. Missouri Trust & Investment Co purchased a new stake in Great Southern Bancorp during the 2nd quarter worth $51,000. Advisor Group Holdings Inc. boosted its position in Great Southern Bancorp by 27.0% during the 4th quarter. Advisor Group Holdings Inc. now owns 861 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 183 shares during the period. Finally, Citigroup Inc. boosted its position in Great Southern Bancorp by 84.2% during the 1st quarter. Citigroup Inc. now owns 1,059 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 484 shares during the period. 41.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Great Southern Bancorp news, Director Thomas J. Carlson sold 5,000 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the completion of the transaction, the director now owns 100 shares in the company, valued at approximately $5,423. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 27.60% of the stock is owned by company insiders.

Great Southern Bancorp Stock Performance

Shares of Great Southern Bancorp stock opened at $52.05 on Tuesday. The firm has a market cap of $614.19 million, a PE ratio of 9.25 and a beta of 0.67. The firm’s 50-day simple moving average is $56.29 and its 200-day simple moving average is $52.71. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.94 and a current ratio of 0.94. Great Southern Bancorp, Inc. has a 1 year low of $45.38 and a 1 year high of $61.94.

Great Southern Bancorp (NASDAQ:GSBCGet Free Report) last released its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.03). The business had revenue of $83.05 million for the quarter. Great Southern Bancorp had a return on equity of 12.45% and a net margin of 20.74%. During the same quarter last year, the business posted $1.84 EPS. Equities analysts forecast that Great Southern Bancorp, Inc. will post 4.57 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Tuesday, January 2nd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.60 annualized dividend and a yield of 3.07%. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.42%.

Analyst Ratings Changes

A number of brokerages recently weighed in on GSBC. Piper Sandler decreased their price target on shares of Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating for the company in a research report on Wednesday, January 24th. Keefe, Bruyette & Woods cut their price objective on shares of Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating on the stock in a report on Thursday, January 25th.

View Our Latest Stock Report on GSBC

About Great Southern Bancorp

(Free Report)

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.

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Institutional Ownership by Quarter for Great Southern Bancorp (NASDAQ:GSBC)

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