Great Southern Bancorp, Inc. $GSBC Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 13.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,358 shares of the financial services provider’s stock after selling 368 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Great Southern Bancorp were worth $131,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GSBC. JPMorgan Chase & Co. raised its stake in Great Southern Bancorp by 83.3% in the 4th quarter. JPMorgan Chase & Co. now owns 34,416 shares of the financial services provider’s stock valued at $2,055,000 after purchasing an additional 15,637 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in Great Southern Bancorp by 9.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 166,293 shares of the financial services provider’s stock valued at $9,208,000 after purchasing an additional 14,327 shares during the last quarter. Dean Capital Management raised its stake in Great Southern Bancorp by 82.0% in the 4th quarter. Dean Capital Management now owns 28,242 shares of the financial services provider’s stock valued at $1,686,000 after purchasing an additional 12,721 shares during the last quarter. Bridgeway Capital Management LLC acquired a new position in Great Southern Bancorp in the 4th quarter valued at $662,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in Great Southern Bancorp in the 4th quarter valued at $640,000. 41.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GSBC. Wall Street Zen upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Friday, June 27th. Keefe, Bruyette & Woods upped their target price on Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $60.50.

Great Southern Bancorp Stock Performance

NASDAQ GSBC opened at $59.95 on Wednesday. The stock has a market cap of $679.23 million, a PE ratio of 10.21 and a beta of 0.58. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. Great Southern Bancorp, Inc. has a twelve month low of $47.57 and a twelve month high of $68.01. The stock has a fifty day simple moving average of $58.90 and a 200-day simple moving average of $57.35.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Wednesday, July 16th. The financial services provider reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.35. Great Southern Bancorp had a return on equity of 11.17% and a net margin of 19.18%.The company had revenue of $59.18 million during the quarter, compared to analysts’ expectations of $55.61 million. Equities analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, June 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 27.26%.

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.