Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Sold by Simmons Bank

Simmons Bank cut its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,941 shares of the financial services provider’s stock after selling 9,000 shares during the quarter. Simmons Bank owned 1.31% of Great Southern Bancorp worth $9,131,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GSBC. Geode Capital Management LLC boosted its stake in shares of Great Southern Bancorp by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider’s stock valued at $11,683,000 after buying an additional 1,891 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Great Southern Bancorp by 10.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider’s stock worth $9,072,000 after acquiring an additional 14,425 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Great Southern Bancorp by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock worth $4,072,000 after acquiring an additional 280 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of Great Southern Bancorp by 1.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 62,160 shares of the financial services provider’s stock valued at $3,562,000 after purchasing an additional 600 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of Great Southern Bancorp by 30.8% in the 3rd quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after purchasing an additional 13,799 shares in the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $58.36 on Wednesday. The stock’s 50-day simple moving average is $59.64 and its 200-day simple moving average is $59.58. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market capitalization of $681.35 million, a PE ratio of 11.10 and a beta of 0.65. Great Southern Bancorp, Inc. has a fifty-two week low of $49.72 and a fifty-two week high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. As a group, equities research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.74%. The ex-dividend date was Monday, December 30th. Great Southern Bancorp’s payout ratio is 30.42%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their target price on Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating on the stock in a report on Thursday, January 23rd.

Insider Transactions at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the completion of the sale, the vice president now owns 14 shares in the company, valued at $840.28. This represents a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 27.60% of the company’s stock.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides 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 deposit, brokered certificates, and individual retirement accounts.