Allspring Global Investments Holdings LLC Raises Stock Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Allspring Global Investments Holdings LLC grew its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 10.5% during the fourth quarter, Holdings Channel reports. The firm owned 151,966 shares of the financial services provider’s stock after purchasing an additional 14,425 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Great Southern Bancorp were worth $9,072,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BNP Paribas Financial Markets grew its position in shares of Great Southern Bancorp by 11.3% during the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock worth $121,000 after buying an additional 215 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Great Southern Bancorp during the third quarter worth about $221,000. SG Americas Securities LLC grew its position in shares of Great Southern Bancorp by 48.9% during the third quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider’s stock worth $244,000 after buying an additional 1,398 shares in the last quarter. EMC Capital Management grew its position in shares of Great Southern Bancorp by 188.9% during the fourth quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $268,000 after buying an additional 2,932 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Great Southern Bancorp during the fourth quarter worth about $483,000. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $59.69 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp, Inc. has a twelve month low of $49.72 and a twelve month high of $68.01. The stock has a 50 day moving average of $60.37 and a two-hundred day moving average of $59.46. The stock has a market cap of $696.92 million, a P/E ratio of 11.35 and a beta of 0.65.

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 analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. On average, research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.68%. The ex-dividend date was Monday, December 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 30.42%.

Insider Buying and Selling at Great Southern Bancorp

In related news, VP Mark A. Maples sold 2,600 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $63.42, for a total transaction of $164,892.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Kevin L. Baker sold 5,000 shares of the firm’s stock in a transaction dated Thursday, February 6th. The stock was 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 directly owns 14 shares in the company, valued at approximately $840.28. The trade was a 99.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 27.60% of the stock is owned by corporate insiders.

Great Southern Bancorp Company Profile

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.