Martingale Asset Management L P lifted its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 1.2% during the 3rd quarter, Holdings Channel reports. The firm owned 69,424 shares of the financial services provider’s stock after acquiring an additional 800 shares during the period. Martingale Asset Management L P’s holdings in Great Southern Bancorp were worth $3,843,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. First Quadrant L P CA bought a new stake in shares of Great Southern Bancorp during the 3rd quarter valued at approximately $106,000. FMR LLC bought a new stake in shares of Great Southern Bancorp during the 3rd quarter valued at approximately $108,000. SG Americas Securities LLC bought a new stake in shares of Great Southern Bancorp during the 2nd quarter valued at approximately $126,000. Panagora Asset Management Inc. grew its holdings in shares of Great Southern Bancorp by 50.6% during the 3rd quarter. Panagora Asset Management Inc. now owns 2,865 shares of the financial services provider’s stock valued at $159,000 after purchasing an additional 963 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Great Southern Bancorp by 55.5% during the 3rd quarter. Acadian Asset Management LLC now owns 3,034 shares of the financial services provider’s stock valued at $168,000 after purchasing an additional 1,083 shares during the last quarter. 43.25% of the stock is currently owned by institutional investors.
In other Great Southern Bancorp news, VP Douglas W. Marrs sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, November 23rd. The shares were sold at an average price of $54.04, for a total transaction of $135,100.00. Following the sale, the vice president now directly owns 1,625 shares of the company’s stock, valued at approximately $87,815. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Douglas W. Marrs sold 1,296 shares of the business’s stock in a transaction that occurred on Wednesday, November 21st. The stock was sold at an average price of $54.47, for a total transaction of $70,593.12. Following the sale, the insider now directly owns 1,625 shares in the company, valued at $88,513.75. The disclosure for this sale can be found here. Insiders own 23.00% of the company’s stock.
GSBC opened at $48.69 on Friday. Great Southern Bancorp, Inc. has a fifty-two week low of $43.30 and a fifty-two week high of $61.65. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market cap of $699.42 million, a price-to-earnings ratio of 13.23 and a beta of 0.99.
Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, October 17th. The financial services provider reported $1.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.51. Great Southern Bancorp had a net margin of 26.65% and a return on equity of 12.81%. The firm had revenue of $57.59 million for the quarter, compared to analyst estimates of $49.00 million. Equities research analysts forecast that Great Southern Bancorp, Inc. will post 4.58 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Friday, December 28th. Great Southern Bancorp’s payout ratio is 34.78%.
GSBC has been the topic of several research reports. BidaskClub raised shares of Great Southern Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, November 22nd. Zacks Investment Research lowered shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, December 19th. Finally, ValuEngine raised shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of $56.33.
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About Great Southern Bancorp
Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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 deposits, brokered certificates, and individual retirement accounts.
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