Boston Advisors LLC cut its position in shares of Great Southern Bancorp Inc. (NASDAQ:GSBC) by 0.3% during the second quarter, Holdings Channel reports. The firm owned 90,434 shares of the financial services provider’s stock after selling 280 shares during the period. Boston Advisors LLC’s holdings in Great Southern Bancorp were worth $3,343,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Acrospire Investment Management LLC purchased a new stake in Great Southern Bancorp during the first quarter valued at $103,000. Adams Diversified Equity Fund Inc. purchased a new stake in Great Southern Bancorp during the second quarter valued at $285,000. Jacobs Levy Equity Management Inc. purchased a new stake in Great Southern Bancorp during the first quarter valued at $316,000. Smith Asset Management Group LP increased its stake in Great Southern Bancorp by 62.7% in the second quarter. Smith Asset Management Group LP now owns 9,862 shares of the financial services provider’s stock valued at $365,000 after buying an additional 3,800 shares during the last quarter. Finally, Bank of Montreal Can purchased a new stake in Great Southern Bancorp during the second quarter valued at $618,000. 34.11% of the stock is owned by hedge funds and other institutional investors.
Great Southern Bancorp Inc. (NASDAQ:GSBC) traded up 0.47% during midday trading on Friday, hitting $40.70. The stock had a trading volume of 61,411 shares. Great Southern Bancorp Inc. has a one year low of $34.48 and a one year high of $52.94. The firm has a market cap of $566.18 million, a PE ratio of 12.72 and a beta of 1.07. The stock has a 50-day moving average price of $41.53 and a 200 day moving average price of $39.06.
Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Tuesday, July 19th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. Great Southern Bancorp had a return on equity of 11.24% and a net margin of 21.91%. On average, analysts predict that Great Southern Bancorp Inc. will post $3.19 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Monday, October 3rd will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $0.88 annualized dividend and a yield of 2.16%. Great Southern Bancorp’s dividend payout ratio is presently 27.50%.
GSBC has been the subject of several research analyst reports. FIG Partners downgraded Great Southern Bancorp from an “outperform” rating to a “market perform” rating in a report on Thursday, September 8th. Zacks Investment Research cut Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, September 21st.
In other Great Southern Bancorp news, VP Linton J. Thomason sold 1,900 shares of Great Southern Bancorp stock in a transaction that occurred on Tuesday, August 30th. The stock was sold at an average price of $41.91, for a total transaction of $79,629.00. Following the sale, the vice president now directly owns 8,939 shares in the company, valued at approximately $374,633.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William V. Turner sold 5,000 shares of Great Southern Bancorp stock in a transaction that occurred on Wednesday, July 27th. The stock was sold at an average price of $39.54, for a total value of $197,700.00. Following the completion of the transaction, the director now owns 194,898 shares of the company’s stock, valued at approximately $7,706,266.92. The disclosure for this sale can be found here. Company insiders own 24.15% of the company’s stock.
Great Southern Bancorp Company Profile
Great Southern Bancorp, Inc is a bank holding company. The Company is a financial holding and parent company of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank offers banking services through its approximately 108 banking centers located in southern and central Missouri; the Kansas City, Missouri area; the St.
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