Allspring Global Investments Holdings LLC Sells 1,231 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Allspring Global Investments Holdings LLC cut its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,801 shares of the financial services provider’s stock after selling 1,231 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Great Southern Bancorp were worth $8,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Lazard Asset Management LLC purchased a new position in shares of Great Southern Bancorp during the second quarter valued at $31,000. Royal Bank of Canada raised its holdings in shares of Great Southern Bancorp by 82.0% in the 2nd quarter. Royal Bank of Canada now owns 950 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 428 shares in the last quarter. Advisor Group Holdings Inc. lifted its position in shares of Great Southern Bancorp by 27.0% in the 4th quarter. Advisor Group Holdings Inc. now owns 861 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 183 shares during the period. Citigroup Inc. lifted its position in shares of Great Southern Bancorp by 84.2% in the 1st quarter. Citigroup Inc. now owns 1,059 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 484 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Great Southern Bancorp by 40.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,400 shares of the financial services provider’s stock valued at $83,000 after purchasing an additional 400 shares in the last quarter. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on GSBC. Piper Sandler reduced their price objective on shares of Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods reduced their price target on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating for the company in a research report on Thursday, January 25th.

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, Director Thomas J. Carlson sold 5,000 shares of the firm’s stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $54.23, for a total value of $271,150.00. Following the completion of the sale, the director now owns 100 shares of the company’s stock, valued at $5,423. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 27.73% of the stock is currently owned by corporate insiders.

Great Southern Bancorp Stock Performance

GSBC stock opened at $50.09 on Thursday. The firm has a 50-day simple moving average of $51.73 and a two-hundred day simple moving average of $52.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.94 and a current ratio of 0.94. Great Southern Bancorp, Inc. has a one year low of $45.38 and a one year high of $61.94. The firm has a market cap of $587.56 million, a price-to-earnings ratio of 8.90 and a beta of 0.66.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Tuesday, January 23rd. The financial services provider reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.03). Great Southern Bancorp had a net margin of 20.74% and a return on equity of 12.30%. The firm had revenue of $83.05 million during the quarter. During the same period last year, the business posted $1.84 EPS. On average, equities analysts forecast that Great Southern Bancorp, Inc. will post 4.57 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 16th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.40 per share. The ex-dividend date was Monday, April 1st. This represents a $1.60 annualized dividend and a yield of 3.19%. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.42%.

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.