Teacher Retirement System of Texas Buys New Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Teacher Retirement System of Texas acquired a new stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,573 shares of the financial services provider’s stock, valued at approximately $691,000.

Other large investors have also recently made changes to their positions in the company. FMR LLC boosted its position in shares of Great Southern Bancorp by 30.8% during the third 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. Barclays PLC boosted its stake in Great Southern Bancorp by 136.6% in the 3rd quarter. Barclays PLC now owns 15,508 shares of the financial services provider’s stock worth $889,000 after purchasing an additional 8,954 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Great Southern Bancorp by 98.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,779 shares of the financial services provider’s stock valued at $1,076,000 after purchasing an additional 9,325 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Great Southern Bancorp by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock valued at $4,072,000 after buying an additional 280 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in Great Southern Bancorp in the 4th quarter worth approximately $966,000. 41.66% of the stock is currently owned by institutional investors.

Great Southern Bancorp Trading Down 2.4 %

Shares of Great Southern Bancorp stock opened at $56.48 on Monday. The company’s fifty day simple moving average is $58.47 and its 200-day simple moving average is $59.56. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. Great Southern Bancorp, Inc. has a 1-year low of $49.74 and a 1-year high of $68.02. The stock has a market capitalization of $655.06 million, a PE ratio of 10.74 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 EPS for the quarter, missing analysts’ consensus estimates 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 analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be paid a $0.40 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.83%. Great Southern Bancorp’s payout ratio is currently 30.42%.

Analyst Ratings Changes

Separately, Piper Sandler lowered 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 note on Thursday, January 23rd.

Insider Buying and Selling at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares of the company’s stock, valued at approximately $840.28. This trade represents a 99.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.