California State Teachers Retirement System boosted its position in shares of Great Southern Bancorp Inc. (NASDAQ:GSBC) by 1.2% during the second quarter, Holdings Channel reports. The fund owned 22,493 shares of the financial services provider’s stock after buying an additional 258 shares during the period. California State Teachers Retirement System owned approximately 0.16% of Great Southern Bancorp worth $832,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the stock. Acrospire Investment Management LLC purchased a new position in shares of Great Southern Bancorp during the first quarter worth approximately $103,000. Adams Diversified Equity Fund Inc. purchased a new position in shares of Great Southern Bancorp during the second quarter worth approximately $285,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of Great Southern Bancorp during the first quarter worth approximately $316,000. Smith Asset Management Group LP raised 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 bought a new stake in Great Southern Bancorp during the second quarter valued at about $618,000. 34.11% of the stock is owned by 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 12-month low of $34.48 and a 12-month high of $52.94. The firm has a 50-day moving average of $41.53 and a 200-day moving average of $39.06. The company has a market cap of $566.18 million, a PE ratio of 12.72 and a beta of 1.07.
Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Tuesday, July 19th. The financial services provider reported $0.89 EPS for the quarter, topping the Thomson Reuters’ 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%. Equities research analysts forecast that Great Southern Bancorp Inc. will post $3.19 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Monday, October 3rd will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, September 29th. This represents a $0.88 annualized dividend and a yield of 2.16%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.50%.
GSBC has been the subject of several analyst reports. Zacks Investment Research raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, June 28th. FIG Partners lowered Great Southern Bancorp from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 8th.
In other Great Southern Bancorp news, Director William V. Turner sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The stock was sold at an average price of $39.54, for a total transaction of $197,700.00. Following the completion of the sale, the director now directly owns 194,898 shares in the company, valued at approximately $7,706,266.92. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Linton J. Thomason sold 1,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 30th. The stock was sold at an average price of $41.91, for a total value of $79,629.00. Following the sale, the vice president now owns 8,939 shares of the company’s stock, valued at $374,633.49. The disclosure for this sale can be found here. Company insiders own 24.15% of the company’s stock.
About Great Southern Bancorp
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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