Creative Planning Purchases 12,906 Shares of Great Southern Bancorp, Inc. $GSBC

Creative Planning raised its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 58.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,073 shares of the financial services provider’s stock after purchasing an additional 12,906 shares during the period. Creative Planning owned 0.31% of Great Southern Bancorp worth $2,062,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. CWM LLC lifted its stake in Great Southern Bancorp by 150.4% in the second quarter. CWM LLC now owns 859 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 516 shares during the last quarter. Rafferty Asset Management LLC raised its position in shares of Great Southern Bancorp by 24.6% in the 1st quarter. Rafferty Asset Management LLC now owns 4,987 shares of the financial services provider’s stock worth $276,000 after acquiring an additional 984 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Great Southern Bancorp by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after acquiring an additional 234 shares in the last quarter. AlphaQuest LLC lifted its stake in shares of Great Southern Bancorp by 179.1% during the 2nd quarter. AlphaQuest LLC now owns 7,052 shares of the financial services provider’s stock worth $415,000 after purchasing an additional 4,525 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Great Southern Bancorp during the first quarter valued at about $457,000. Institutional investors own 41.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on GSBC. Weiss Ratings reissued a “buy (b-)” rating on shares of Great Southern Bancorp in a research report on Wednesday, November 19th. Keefe, Bruyette & Woods decreased their target price on shares of Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating for the company in a research report on Friday, October 17th. Finally, Zacks Research lowered shares of Great Southern Bancorp from a “hold” rating to a “strong sell” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $59.50.

Insider Buying and Selling at Great Southern Bancorp

In other news, VP John M. Bugh sold 1,750 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $57.72, for a total transaction of $101,010.00. Following the sale, the vice president directly owned 1,790 shares of the company’s stock, valued at $103,318.80. This represents a 49.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 27.93% of the company’s stock.

Great Southern Bancorp Stock Up 2.3%

NASDAQ:GSBC opened at $60.32 on Wednesday. The company’s fifty day moving average price is $59.16 and its 200-day moving average price is $59.28. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $674.92 million, a P/E ratio of 10.02 and a beta of 0.59. Great Southern Bancorp, Inc. has a 1-year low of $47.57 and a 1-year high of $66.98.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.01. The company had revenue of $58.21 million during the quarter, compared to the consensus estimate of $56.72 million. Great Southern Bancorp had a return on equity of 11.38% and a net margin of 19.80%. As a group, equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Monday, September 29th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Great Southern Bancorp’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, September 29th. Great Southern Bancorp’s payout ratio is currently 28.57%.

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.