Simmons Bank Has $9.28 Million Stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Simmons Bank lessened its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 1.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 161,941 shares of the financial services provider’s stock after selling 2,250 shares during the period. Simmons Bank’s holdings in Great Southern Bancorp were worth $9,281,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GSBC. Dimensional Fund Advisors LP lifted its stake in shares of Great Southern Bancorp by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 728,045 shares of the financial services provider’s stock valued at $40,485,000 after purchasing an additional 1,964 shares during the period. Vanguard Group Inc. grew its position in shares of Great Southern Bancorp by 11.5% during the 1st quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock worth $30,920,000 after buying an additional 58,041 shares during the period. American Century Companies Inc. increased its stake in shares of Great Southern Bancorp by 15.6% in the 2nd quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock valued at $9,660,000 after acquiring an additional 23,401 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Great Southern Bancorp by 2.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 55,885 shares of the financial services provider’s stock valued at $3,108,000 after acquiring an additional 1,504 shares during the period. Finally, Thrivent Financial for Lutherans boosted its stake in Great Southern Bancorp by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 33,718 shares of the financial services provider’s stock worth $1,875,000 after acquiring an additional 335 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped their price objective on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, October 18th.

Great Southern Bancorp Trading Down 1.5 %

GSBC opened at $63.40 on Wednesday. The firm has a market capitalization of $740.51 million, a PE ratio of 12.43 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. Great Southern Bancorp, Inc. has a fifty-two week low of $48.19 and a fifty-two week high of $68.01. The company’s 50-day moving average is $57.89 and its 200 day moving average is $56.33.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. The business had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. During the same quarter in the prior year, the company posted $1.33 earnings per share. As a group, research analysts predict that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.52%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 31.37%.

Insiders Place Their Bets

In other Great Southern Bancorp news, VP Mark A. Maples sold 2,074 shares of Great Southern Bancorp stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total value of $139,352.06. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, VP Mark A. Maples sold 2,074 shares of Great Southern Bancorp stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total transaction of $399,780.00. Following the sale, the chief executive officer now directly owns 137,382 shares in the company, valued at approximately $9,153,762.66. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,494 shares of company stock valued at $787,271. Insiders own 27.73% of the company’s stock.

Great Southern Bancorp Company 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.