Connor Clark & Lunn Investment Management Ltd. Invests $570,000 in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,555 shares of the financial services provider’s stock, valued at approximately $570,000.

A number of other large investors also recently bought and sold shares of the business. Geode Capital Management LLC grew its position in shares of Great Southern Bancorp by 0.9% in the third quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider’s stock valued at $11,683,000 after purchasing an additional 1,891 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake 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 purchasing an additional 14,425 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Great Southern Bancorp by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 71,411 shares of the financial services provider’s stock worth $4,263,000 after purchasing an additional 363 shares during the period. Hotchkis & Wiley Capital Management LLC grew its holdings in Great Southern Bancorp by 1.0% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 62,160 shares of the financial services provider’s stock worth $3,562,000 after acquiring an additional 600 shares in the last quarter. Finally, FMR LLC raised its stake in Great Southern Bancorp by 30.8% in the third quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after buying an additional 13,799 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Great Southern Bancorp Stock Down 1.1 %

Great Southern Bancorp stock opened at $56.53 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average of $58.70 and a two-hundred day moving average of $59.51. Great Southern Bancorp, Inc. has a twelve month low of $49.74 and a twelve month high of $68.02. The stock has a market capitalization of $655.63 million, a price-to-earnings ratio of 10.75 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results 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%. As a group, research analysts expect 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 will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.83%. The ex-dividend date is Monday, March 31st. Great Southern Bancorp’s dividend payout ratio (DPR) is 30.42%.

Insider Transactions at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of Great Southern Bancorp stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the transaction, the vice president now 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 27.60% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.