Allspring Global Investments Holdings LLC Sells 1,231 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Allspring Global Investments Holdings LLC cut its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,801 shares of the financial services provider’s stock after selling 1,231 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 1.14% of Great Southern Bancorp worth $8,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Morgan Stanley raised its holdings in Great Southern Bancorp by 152.0% in the 4th quarter. Morgan Stanley now owns 116,316 shares of the financial services provider’s stock worth $6,920,000 after purchasing an additional 70,164 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Great Southern Bancorp by 60.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 137,144 shares of the financial services provider’s stock worth $8,093,000 after buying an additional 51,534 shares during the period. Goldman Sachs Group Inc. boosted its position in Great Southern Bancorp by 323.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 55,187 shares of the financial services provider’s stock valued at $3,257,000 after acquiring an additional 42,139 shares in the last quarter. State Street Corp grew its holdings in shares of Great Southern Bancorp by 13.0% during the 1st quarter. State Street Corp now owns 322,839 shares of the financial services provider’s stock worth $19,168,000 after acquiring an additional 37,201 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Great Southern Bancorp by 4.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 767,662 shares of the financial services provider’s stock worth $45,300,000 after acquiring an additional 32,267 shares in the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GSBC shares. Piper Sandler cut their price objective on shares of Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating on the stock in a report on Wednesday, January 24th. Keefe, Bruyette & Woods cut their price target on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating on the stock in a research note on Thursday, January 25th.

Insider Transactions at Great Southern Bancorp

In related news, Director Thomas J. Carlson sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $54.23, for a total transaction of $271,150.00. Following the completion of the sale, the director now directly owns 100 shares in the company, valued at $5,423. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 27.73% of the company’s stock.

Great Southern Bancorp Trading Down 0.5 %

Shares of GSBC stock opened at $50.09 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.18. Great Southern Bancorp, Inc. has a 12-month low of $45.38 and a 12-month high of $61.94. The stock has a market capitalization of $587.56 million, a P/E ratio of 8.90 and a beta of 0.66. The firm’s 50 day moving average is $51.73 and its 200 day moving average is $52.82.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.03). Great Southern Bancorp had a return on equity of 12.30% and a net margin of 20.74%. The firm had revenue of $83.05 million during the quarter. During the same quarter in the prior year, the business posted $1.84 EPS. Research analysts expect that Great Southern Bancorp, Inc. will post 4.57 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 16th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend was Monday, April 1st. Great Southern Bancorp’s payout ratio is currently 28.42%.

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.