Paloma Partners Management Co purchased a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,205 shares of the financial services provider’s stock, valued at approximately $233,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in GSBC. First Quadrant L P CA purchased a new position in shares of Great Southern Bancorp in the 3rd quarter worth $106,000. FMR LLC purchased a new position in shares of Great Southern Bancorp during the 3rd quarter worth about $108,000. SG Americas Securities LLC purchased a new position in shares of Great Southern Bancorp during the 2nd quarter worth about $126,000. Panagora Asset Management Inc. boosted its stake in shares of Great Southern Bancorp by 50.6% during the 3rd quarter. Panagora Asset Management Inc. now owns 2,865 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 963 shares during the period. Finally, Acadian Asset Management LLC boosted its stake in shares of Great Southern Bancorp by 55.5% during the 3rd quarter. Acadian Asset Management LLC now owns 3,034 shares of the financial services provider’s stock worth $168,000 after purchasing an additional 1,083 shares during the period. Institutional investors and hedge funds own 43.25% of the company’s stock.
Shares of NASDAQ GSBC traded down $0.41 during trading hours on Friday, hitting $48.69. 25,050 shares of the stock were exchanged, compared to its average volume of 24,600. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.67. The firm has a market cap of $699.42 million, a PE ratio of 13.23 and a beta of 0.99. Great Southern Bancorp, Inc. has a 12 month low of $43.30 and a 12 month high of $61.65.
Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Wednesday, October 17th. The financial services provider reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.51. The company had revenue of $57.59 million for the quarter, compared to the consensus estimate of $49.00 million. Great Southern Bancorp had a net margin of 26.65% and a return on equity of 12.81%. On average, equities research analysts anticipate that Great Southern Bancorp, Inc. will post 4.58 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.63%. The ex-dividend date is Friday, December 28th. Great Southern Bancorp’s dividend payout ratio is presently 34.78%.
A number of brokerages recently weighed in on GSBC. Zacks Investment Research lowered shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine upgraded shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, BidaskClub lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Friday, December 7th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $56.33.
In other news, insider Douglas W. Marrs sold 1,296 shares of the company’s stock in a transaction on Wednesday, November 21st. The shares were sold at an average price of $54.47, for a total value of $70,593.12. Following the sale, the insider now directly owns 1,625 shares of the company’s stock, valued at approximately $88,513.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Douglas W. Marrs sold 2,500 shares of the company’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $54.04, for a total transaction of $135,100.00. Following the completion of the sale, the vice president now directly owns 1,625 shares in the company, valued at $87,815. The disclosure for this sale can be found here. 23.00% of the stock is currently owned by insiders.
About Great Southern Bancorp
Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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 deposits, brokered certificates, and individual retirement accounts.
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