Cetera Investment Advisers Has $299,000 Stock Position in Great Southern Bancorp, Inc. $GSBC

Cetera Investment Advisers reduced its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 8.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,403 shares of the financial services provider’s stock after selling 501 shares during the quarter. Cetera Investment Advisers’ holdings in Great Southern Bancorp were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in shares of Great Southern Bancorp by 83.3% during the 4th quarter. JPMorgan Chase & Co. now owns 34,416 shares of the financial services provider’s stock worth $2,055,000 after buying an additional 15,637 shares during the period. Wells Fargo & Company MN boosted its stake in Great Southern Bancorp by 20.7% in the fourth quarter. Wells Fargo & Company MN now owns 6,415 shares of the financial services provider’s stock valued at $383,000 after acquiring an additional 1,102 shares during the last quarter. Invesco Ltd. boosted its stake in Great Southern Bancorp by 6.7% in the fourth quarter. Invesco Ltd. now owns 18,735 shares of the financial services provider’s stock valued at $1,118,000 after acquiring an additional 1,178 shares during the last quarter. Barclays PLC grew its holdings in Great Southern Bancorp by 5.9% during the 4th quarter. Barclays PLC now owns 16,424 shares of the financial services provider’s stock worth $981,000 after acquiring an additional 916 shares during the period. Finally, First Trust Advisors LP grew its holdings in Great Southern Bancorp by 17.0% during the 4th quarter. First Trust Advisors LP now owns 8,265 shares of the financial services provider’s stock worth $493,000 after acquiring an additional 1,200 shares during the period. 41.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on GSBC shares. Wall Street Zen raised Great Southern Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, June 27th. Keefe, Bruyette & Woods upped their price objective on Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a report on Friday, July 18th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $60.50.

Great Southern Bancorp Stock Performance

Shares of GSBC stock opened at $60.34 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a 52 week low of $47.57 and a 52 week high of $68.01. The company’s 50 day moving average price is $58.96 and its two-hundred day moving average price is $57.37. The company has a market capitalization of $683.53 million, a P/E ratio of 10.28 and a beta of 0.58.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.35. Great Southern Bancorp had a net margin of 19.18% and a return on equity of 11.17%. The company had revenue of $59.18 million during the quarter, compared to analysts’ expectations of $55.61 million. On average, analysts expect that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.7%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 27.26%.

Great Southern Bancorp 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.