Allspring Global Investments Holdings LLC lessened its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC – Free Report) by 7.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,082 shares of the financial services provider’s stock after selling 9,393 shares during the quarter. Allspring Global Investments Holdings LLC owned 1.04% of Great Southern Bancorp worth $7,146,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new stake in shares of Great Southern Bancorp in the 3rd quarter valued at $27,000. Russell Investments Group Ltd. boosted its holdings in shares of Great Southern Bancorp by 1,301.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 716 shares in the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of Great Southern Bancorp during the 3rd quarter valued at $128,000. CWM LLC boosted its holdings in shares of Great Southern Bancorp by 224.7% during the 3rd quarter. CWM LLC now owns 2,789 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 1,930 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of Great Southern Bancorp during the 2nd quarter valued at $206,000. Institutional investors and hedge funds own 41.66% of the company’s stock.
Insider Transactions at Great Southern Bancorp
In other news, CEO Joseph W. Turner sold 6,000 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $60.74, for a total value of $364,440.00. Following the transaction, the chief executive officer directly owned 137,382 shares of the company’s stock, valued at $8,344,582.68. The trade was a 4.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director William V. Turner sold 6,000 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $59.70, for a total value of $358,200.00. Following the sale, the director owned 199,112 shares in the company, valued at approximately $11,886,986.40. The trade was a 2.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 14,680 shares of company stock worth $885,376 over the last ninety days. 27.93% of the stock is owned by insiders.
Great Southern Bancorp Stock Up 0.6%
Great Southern Bancorp (NASDAQ:GSBC – Get Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.07. Great Southern Bancorp had a return on equity of 11.33% and a net margin of 20.70%.The company had revenue of $56.35 million during the quarter, compared to the consensus estimate of $55.03 million. Analysts predict that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.
Great Southern Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 30th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, March 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 27.74%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on GSBC. Weiss Ratings reissued a “buy (b-)” rating on shares of Great Southern Bancorp in a report on Monday, December 29th. Keefe, Bruyette & Woods raised their price objective on Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a report on Friday, January 23rd. Finally, Zacks Research raised Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $60.50.
Get Our Latest Analysis on Great Southern Bancorp
Great Southern Bancorp Profile
Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.
Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.
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