Globeflex Capital L P Acquires Shares of 13,796 Great Southern Bancorp, Inc. $GSBC

Globeflex Capital L P bought a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the second quarter, Holdings Channel.com reports. The institutional investor bought 13,796 shares of the financial services provider’s stock, valued at approximately $1,082,000.

A number of other large investors have also made changes to their positions in GSBC. Russell Investments Group Ltd. increased its holdings in shares of Great Southern Bancorp by 1,301.8% in the third quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 716 shares during the last quarter. Quantbot Technologies LP acquired a new position in Great Southern Bancorp during the second quarter worth $71,000. Sarver Vrooman Wealth Advisors acquired a new position in Great Southern Bancorp during the fourth quarter worth $77,000. Royal Bank of Canada grew its holdings in Great Southern Bancorp by 24.8% in the 1st quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider’s stock valued at $83,000 after buying an additional 260 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new stake in Great Southern Bancorp in the 3rd quarter valued at $128,000. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on GSBC shares. Weiss Ratings lowered Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Zacks Research cut shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Wall Street Zen downgraded shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Great Southern Bancorp has a consensus rating of “Hold” and an average price target of $74.00.

Great Southern Bancorp Stock Performance

Shares of Great Southern Bancorp stock opened at $78.65 on Tuesday. Great Southern Bancorp, Inc. has a 52 week low of $53.76 and a 52 week high of $82.91. The business’s fifty day simple moving average is $78.66 and its 200-day simple moving average is $70.73. The firm has a market cap of $857.13 million, a PE ratio of 13.06 and a beta of 0.49. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 10.83% and a net margin of 20.72%. Equities analysts forecast that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Monday, June 29th were given a dividend of $0.43 per share. The ex-dividend date was Monday, June 29th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 28.57%.

Insider Buying and Selling at Great Southern Bancorp

In other news, Director Julie A. Brown sold 851 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $81.00, for a total value of $68,931.00. Following the sale, the director directly owned 7,052 shares of the company’s stock, valued at approximately $571,212. The trade was a 10.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 29.75% of the stock is currently owned by corporate insiders.

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.