US Bancorp DE Sells 683 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

US Bancorp DE reduced its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBCGet Rating) by 5.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,218 shares of the financial services provider’s stock after selling 683 shares during the quarter. US Bancorp DE owned 0.09% of Great Southern Bancorp worth $640,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Simmons Bank increased its holdings in shares of Great Southern Bancorp by 1.0% in the third quarter. Simmons Bank now owns 173,241 shares of the financial services provider’s stock worth $9,887,000 after acquiring an additional 1,800 shares in the last quarter. Money Concepts Capital Corp bought a new stake in shares of Great Southern Bancorp in the third quarter worth about $51,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Great Southern Bancorp by 8.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 134,942 shares of the financial services provider’s stock worth $7,701,000 after acquiring an additional 10,624 shares in the last quarter. FORVIS Wealth Advisors LLC bought a new stake in shares of Great Southern Bancorp in the third quarter worth about $653,000. Finally, Summit Global Investments boosted its position in shares of Great Southern Bancorp by 20.4% during the second quarter. Summit Global Investments now owns 6,500 shares of the financial services provider’s stock worth $381,000 after buying an additional 1,100 shares during the period. 42.26% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director William V. Turner sold 8,085 shares of the stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $60.68, for a total transaction of $490,597.80. Following the transaction, the director now owns 232,095 shares in the company, valued at $14,083,524.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director William V. Turner sold 8,085 shares of the stock in a transaction that occurred on Wednesday, October 26th. The stock was sold at an average price of $60.68, for a total transaction of $490,597.80. Following the transaction, the director now owns 232,095 shares in the company, valued at $14,083,524.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Treasurer Rex A. Copeland sold 824 shares of the stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $62.01, for a total value of $51,096.24. Following the transaction, the treasurer now owns 22,494 shares in the company, valued at approximately $1,394,852.94. The disclosure for this sale can be found here. Insiders sold a total of 9,559 shares of company stock valued at $582,151 over the last three months. Insiders own 25.82% of the company’s stock.

Great Southern Bancorp Stock Performance

Shares of NASDAQ GSBC opened at $58.39 on Friday. The stock has a 50 day moving average price of $60.31 and a 200 day moving average price of $60.38. Great Southern Bancorp, Inc. has a 52 week low of $50.30 and a 52 week high of $64.16. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $713.23 million, a PE ratio of 10.93 and a beta of 0.75.

Great Southern Bancorp (NASDAQ:GSBCGet Rating) last issued its quarterly earnings results on Wednesday, October 19th. The financial services provider reported $1.46 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.13). Great Southern Bancorp had a net margin of 28.28% and a return on equity of 12.15%. The company had revenue of $60.88 million for the quarter, compared to analyst estimates of $58.54 million. Analysts predict that Great Southern Bancorp, Inc. will post 5.87 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 18th. Stockholders of record on Tuesday, January 3rd were given a $0.40 dividend. The ex-dividend date was Friday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.74%. Great Southern Bancorp’s payout ratio is 29.96%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Great Southern Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, November 19th.

About Great Southern Bancorp

(Get Rating)

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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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