Quantinno Capital Management LP boosted its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC – Free Report) by 50.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,486 shares of the financial services provider’s stock after acquiring an additional 9,193 shares during the quarter. Quantinno Capital Management LP owned approximately 0.25% of Great Southern Bancorp worth $1,735,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. acquired a new position in shares of Great Southern Bancorp during the 1st quarter worth $867,000. LSV Asset Management lifted its stake in shares of Great Southern Bancorp by 26.6% in the 4th quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock valued at $8,057,000 after purchasing an additional 27,487 shares during the last quarter. Tudor Investment Corp ET AL bought a new stake in Great Southern Bancorp in the third quarter worth $1,072,000. Inceptionr LLC bought a new stake in Great Southern Bancorp in the first quarter worth $488,000. Finally, Russell Investments Group Ltd. increased its position in Great Southern Bancorp by 1,301.8% during the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock worth $47,000 after buying an additional 716 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts have weighed in on GSBC shares. Zacks Research cut Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Weiss Ratings raised Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, July 9th. Keefe, Bruyette & Woods raised their price objective on 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 lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $74.00.
Great Southern Bancorp Trading Up 0.1%
Great Southern Bancorp stock opened at $80.32 on Wednesday. Great Southern Bancorp, Inc. has a 52 week low of $53.76 and a 52 week high of $82.91. 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 firm has a market capitalization of $875.49 million, a PE ratio of 13.34 and a beta of 0.49. The business’s 50-day simple moving average is $77.60 and its 200-day simple moving average is $69.58.
Great Southern Bancorp (NASDAQ:GSBC – Get Free Report) last announced its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. The firm had revenue of $56.87 million during the quarter, compared to the consensus estimate of $55.26 million. Great Southern Bancorp had a return on equity of 10.86% and a net margin of 20.72%. Equities research analysts forecast that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current year.
Great Southern Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Monday, June 29th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, June 29th. Great Southern Bancorp’s dividend payout ratio is currently 28.57%.
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.
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