Great Southern Bancorp, Inc. $GSBC Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 3.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 190,300 shares of the financial services provider’s stock after selling 6,300 shares during the quarter. Renaissance Technologies LLC owned about 1.75% of Great Southern Bancorp worth $12,014,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in GSBC. LSV Asset Management raised its stake in Great Southern Bancorp by 26.6% in the fourth quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock valued at $8,057,000 after buying an additional 27,487 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in Great Southern Bancorp in the third quarter worth about $1,072,000. JPMorgan Chase & Co. grew its stake in shares of Great Southern Bancorp by 101.5% during the third quarter. JPMorgan Chase & Co. now owns 16,452 shares of the financial services provider’s stock worth $1,008,000 after acquiring an additional 8,287 shares during the last quarter. Inceptionr LLC purchased a new stake in shares of Great Southern Bancorp during the first quarter worth about $488,000. Finally, Principal Financial Group Inc. purchased a new stake in shares of Great Southern Bancorp during the first quarter worth about $867,000. 41.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on GSBC. Weiss Ratings raised shares of Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, July 9th. Zacks Research downgraded shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Keefe, Bruyette & Woods upped their price target on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a research note on Friday, July 17th. Finally, Wall Street Zen cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Great Southern Bancorp currently has an average rating of “Hold” and a consensus target price of $74.00.

Great Southern Bancorp Stock Up 0.2%

Great Southern Bancorp stock opened at $80.31 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The business’s 50-day simple moving average is $76.25 and its two-hundred day simple moving average is $68.68. The company has a market cap of $874.58 million, a PE ratio of 13.34 and a beta of 0.49. Great Southern Bancorp, Inc. has a fifty-two week low of $53.76 and a fifty-two week high of $82.40.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. Great Southern Bancorp had a return on equity of 10.86% and a net margin of 20.72%.The business had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. Equities analysts anticipate that Great Southern Bancorp, Inc. will post 5.99 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Monday, June 29th were given a $0.43 dividend. The ex-dividend date was Monday, June 29th. This represents a $1.72 dividend on an annualized basis and a yield of 2.1%. Great Southern Bancorp’s dividend payout ratio is currently 28.57%.

Insiders Place Their Bets

In related news, VP Kevin L. Baker sold 2,800 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $69.96, for a total value of $195,888.00. Following the transaction, the vice president owned 14 shares in the company, valued at approximately $979.44. This represents a 99.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 29.75% of the company’s stock.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.