Northern Trust Corp boosted its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,465 shares of the financial services provider’s stock after purchasing an additional 3,300 shares during the quarter. Northern Trust Corp owned about 1.35% of Great Southern Bancorp worth $10,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently modified their holdings of the company. Acadian Asset Management LLC bought a new stake in Great Southern Bancorp during the second quarter valued at about $112,000. SG Americas Securities LLC bought a new stake in Great Southern Bancorp during the second quarter valued at about $126,000. WBI Investments Inc. bought a new stake in Great Southern Bancorp during the second quarter valued at about $209,000. Mutual Advisors LLC bought a new stake in Great Southern Bancorp during the second quarter valued at about $219,000. Finally, Wedge Capital Management L L P NC bought a new stake in Great Southern Bancorp during the second quarter valued at about $232,000. 41.40% of the stock is currently owned by institutional investors.
Shares of NASDAQ GSBC opened at $53.84 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $773.04 million, a price-to-earnings ratio of 12.47 and a beta of 0.88. Great Southern Bancorp, Inc. has a fifty-two week low of $48.10 and a fifty-two week high of $61.65.
The firm also recently declared a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Monday, October 1st were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend was Friday, September 28th. This is an increase from Great Southern Bancorp’s previous quarterly dividend of $0.28. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 34.78%.
A number of equities research analysts recently weighed in on the company. BidaskClub downgraded Great Southern Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. Zacks Investment Research raised Great Southern Bancorp from a “hold” rating to a “strong-buy” rating and set a $61.00 price objective on the stock in a research report on Monday, October 22nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $60.00 price objective on shares of Great Southern Bancorp in a research report on Friday, July 20th. Finally, ValuEngine raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, October 24th. Four equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $58.33.
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Great Southern Bancorp Profile
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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