Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 2.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,609 shares of the financial services provider’s stock after selling 1,288 shares during the quarter. Bank of New York Mellon Corp owned about 0.41% of Great Southern Bancorp worth $2,636,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GSBC. Versant Capital Management Inc increased its stake in shares of Great Southern Bancorp by 81.6% during the 1st quarter. Versant Capital Management Inc now owns 483 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 217 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Great Southern Bancorp by 146.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 355 shares during the last quarter. ExodusPoint Capital Management LP acquired a new position in shares of Great Southern Bancorp during the 4th quarter valued at about $256,000. Squarepoint Ops LLC increased its stake in shares of Great Southern Bancorp by 9.8% during the 4th quarter. Squarepoint Ops LLC now owns 4,620 shares of the financial services provider’s stock valued at $276,000 after acquiring an additional 411 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Great Southern Bancorp by 4.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the financial services provider’s stock valued at $293,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Great Southern Bancorp Stock Down 0.3%

GSBC opened at $59.34 on Monday. The firm has a 50 day moving average price of $58.43 and a 200 day moving average price of $57.50. The company has a market cap of $680.63 million, a PE ratio of 10.11 and a beta of 0.53. Great Southern Bancorp, Inc. has a 1 year low of $47.57 and a 1 year high of $68.01. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.94 and a current ratio of 0.94.

Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, July 16th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.35. The firm had revenue of $59.18 million during the quarter, compared to the consensus estimate of $55.61 million. Great Southern Bancorp had a net margin of 19.18% and a return on equity of 11.24%. Sell-side analysts expect 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 Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend was Monday, June 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 27.26%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GSBC shares. Piper Sandler dropped their price objective on shares of Great Southern Bancorp from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Monday, April 21st. Keefe, Bruyette & Woods increased their target price on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the stock a “market perform” rating in a research report on Friday, July 18th. Finally, Wall Street Zen raised shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, June 27th.

Great Southern Bancorp 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.