Northern Trust Corp Has $4.81 Million Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Northern Trust Corp raised its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,614 shares of the financial services provider’s stock after purchasing an additional 182 shares during the quarter. Northern Trust Corp owned 0.69% of Great Southern Bancorp worth $4,813,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GSBC. JPMorgan Chase & Co. increased its stake in shares of Great Southern Bancorp by 98.6% in the third quarter. JPMorgan Chase & Co. now owns 18,779 shares of the financial services provider’s stock valued at $1,076,000 after buying an additional 9,325 shares during the period. SG Americas Securities LLC grew its holdings in Great Southern Bancorp by 11.4% during the 4th quarter. SG Americas Securities LLC now owns 4,745 shares of the financial services provider’s stock worth $283,000 after acquiring an additional 487 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Great Southern Bancorp by 4.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,235 shares of the financial services provider’s stock valued at $611,000 after acquiring an additional 391 shares during the period. EMC Capital Management increased its position in Great Southern Bancorp by 188.9% in the 4th quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 2,932 shares during the period. Finally, Empowered Funds LLC bought a new position in shares of Great Southern Bancorp during the fourth quarter valued at $483,000. 41.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on GSBC shares. Piper Sandler cut their price target on shares of Great Southern Bancorp from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Monday, April 21st. Keefe, Bruyette & Woods lowered their target price on Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating for the company in a research report on Monday, April 21st.

Great Southern Bancorp Price Performance

Shares of GSBC opened at $56.86 on Thursday. The business has a 50-day moving average of $55.35 and a 200-day moving average of $58.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market capitalization of $652.07 million, a price-to-earnings ratio of 10.81 and a beta of 0.51. Great Southern Bancorp, Inc. has a 1 year low of $47.57 and a 1 year high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. The business had revenue of $55.92 million during the quarter, compared to the consensus estimate of $55.53 million. As a group, equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend was Monday, March 31st. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 28.57%.

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.