Allspring Global Investments Holdings LLC Has $6.16 Million Stake in Great Southern Bancorp, Inc. $GSBC

Allspring Global Investments Holdings LLC cut its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 15.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,598 shares of the financial services provider’s stock after selling 18,484 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Great Southern Bancorp were worth $6,161,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Comerica Bank grew its stake in Great Southern Bancorp by 5.0% during the fourth quarter. Comerica Bank now owns 4,149 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 198 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Great Southern Bancorp by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after purchasing an additional 234 shares during the period. Rhumbline Advisers raised its holdings in shares of Great Southern Bancorp by 1.9% during the second quarter. Rhumbline Advisers now owns 13,580 shares of the financial services provider’s stock valued at $798,000 after purchasing an additional 253 shares during the period. Jacobs Levy Equity Management Inc. boosted its position in shares of Great Southern Bancorp by 2.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 10,857 shares of the financial services provider’s stock worth $665,000 after purchasing an additional 276 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in Great Southern Bancorp by 7.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,857 shares of the financial services provider’s stock valued at $299,000 after buying an additional 318 shares in the last quarter. 41.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, VP Kevin L. Baker sold 2,800 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $69.96, for a total transaction of $195,888.00. Following the completion of the sale, the vice president owned 14 shares in the company, valued at $979.44. This trade represents a 99.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Mark A. Maples sold 2,387 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $68.95, for a total value of $164,583.65. Following the completion of the transaction, the vice president owned 1,187 shares in the company, valued at approximately $81,843.65. The trade was a 66.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 11,187 shares of company stock valued at $769,432. Company insiders own 29.75% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Zacks Research cut Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Weiss Ratings raised shares of Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, July 9th. Wall Street Zen downgraded Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Keefe, Bruyette & Woods raised their target price on Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $74.00.

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $78.33 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $853.01 million, a PE ratio of 13.01 and a beta of 0.49. The stock’s 50 day moving average price is $74.98 and its 200-day moving average price is $67.97. Great Southern Bancorp, Inc. has a twelve month low of $53.76 and a twelve month high of $82.40.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. The business had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. Great Southern Bancorp had a return on equity of 10.86% and a net margin of 20.72%. On average, equities analysts anticipate that Great Southern Bancorp, Inc. will post 5.99 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Monday, June 29th were given a dividend of $0.43 per share. The ex-dividend date was Monday, June 29th. This represents a $1.72 annualized dividend and a yield of 2.2%. Great Southern Bancorp’s dividend payout ratio is presently 28.57%.

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.