Dean Capital Management lowered its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC – Free Report) by 30.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,972 shares of the financial services provider’s stock after selling 11,320 shares during the quarter. Dean Capital Management owned approximately 0.23% of Great Southern Bancorp worth $1,599,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its position in Great Southern Bancorp by 22.2% in the fourth quarter. Empowered Funds LLC now owns 44,906 shares of the financial services provider’s stock valued at $2,764,000 after buying an additional 8,149 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Great Southern Bancorp during the fourth quarter worth approximately $246,000. Bridgeway Capital Management LLC raised its stake in shares of Great Southern Bancorp by 20.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 47,906 shares of the financial services provider’s stock valued at $2,949,000 after acquiring an additional 8,149 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Great Southern Bancorp by 4.0% in the 4th quarter. Lazard Asset Management LLC now owns 15,923 shares of the financial services provider’s stock worth $980,000 after acquiring an additional 608 shares in the last quarter. Finally, Trexquant Investment LP boosted its holdings in shares of Great Southern Bancorp by 69.0% in the 4th quarter. Trexquant Investment LP now owns 26,857 shares of the financial services provider’s stock worth $1,653,000 after acquiring an additional 10,963 shares in the last quarter. 41.66% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, CEO Joseph W. Turner sold 6,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $68.16, for a total value of $408,960.00. Following the completion of the sale, the chief executive officer directly owned 136,182 shares of the company’s stock, valued at $9,282,165.12. This represents a 4.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Mark A. Maples sold 2,387 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $68.95, for a total transaction of $164,583.65. Following the completion of the sale, the vice president owned 1,187 shares in the company, valued at $81,843.65. This represents a 66.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 13,687 shares of company stock worth $938,407. Company insiders own 29.75% of the company’s stock.
Great Southern Bancorp Price Performance
Great Southern Bancorp (NASDAQ:GSBC – Get Free Report) last released its earnings results on Thursday, April 16th. The financial services provider reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.31. The company had revenue of $55.36 million during the quarter, compared to the consensus estimate of $54.75 million. Great Southern Bancorp had a return on equity of 11.29% and a net margin of 21.33%. Sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.84 EPS for the current fiscal year.
Great Southern Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Monday, June 29th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, June 29th. Great Southern Bancorp’s dividend payout ratio is currently 27.26%.
Analyst Ratings Changes
GSBC has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods increased their price target on Great Southern Bancorp from $63.00 to $65.00 and gave the stock a “market perform” rating in a research report on Friday, April 17th. Zacks Research downgraded Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Wall Street Zen lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings upgraded Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 9th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Great Southern Bancorp currently has a consensus rating of “Hold” and a consensus price target of $65.00.
Check Out Our Latest Analysis on GSBC
About Great Southern Bancorp
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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