Vanguard Group Inc. grew its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 544,037 shares of the financial services provider’s stock after buying an additional 19,700 shares during the quarter. Vanguard Group Inc. owned approximately 3.88% of Great Southern Bancorp worth $29,106,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in GSBC. Bank of America Corp DE increased its position in Great Southern Bancorp by 4.9% in the first quarter. Bank of America Corp DE now owns 3,254 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 152 shares during the period. Smith Asset Management Group LP grew its position in shares of Great Southern Bancorp by 560.7% during the 2nd quarter. Smith Asset Management Group LP now owns 4,242 shares of the financial services provider’s stock worth $227,000 after buying an additional 3,600 shares during the period. Aperio Group LLC acquired a new position in shares of Great Southern Bancorp during the 2nd quarter worth about $274,000. American International Group Inc. lifted its holdings in shares of Great Southern Bancorp by 7.2% during the 1st quarter. American International Group Inc. now owns 6,612 shares of the financial services provider’s stock valued at $334,000 after purchasing an additional 445 shares in the last quarter. Finally, Aviance Capital Partners LLC bought a new position in shares of Great Southern Bancorp during the 2nd quarter valued at about $467,000. Institutional investors own 39.95% of the company’s stock.
In other news, VP Douglas W. Marrs sold 625 shares of the stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $54.68, for a total value of $34,175.00. Following the completion of the sale, the vice president now owns 2,531 shares of the company’s stock, valued at $138,395.08. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rex A. Copeland sold 5,250 shares of the firm’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $55.00, for a total value of $288,750.00. Following the sale, the insider now directly owns 24,698 shares of the company’s stock, valued at approximately $1,358,390. The disclosure for this sale can be found here. 23.78% of the stock is currently owned by company insiders.
Several equities research analysts have commented on the company. BidaskClub cut Great Southern Bancorp from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $52.00 price objective on shares of Great Southern Bancorp in a research note on Tuesday, October 3rd. Zacks Investment Research lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Finally, Sandler O’Neill lowered Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Friday, October 6th. They noted that the move was a valuation call.
Great Southern Bancorp, Inc. (GSBC) opened at $52.90 on Tuesday. The company has a market capitalization of $742.30, a price-to-earnings ratio of 14.67 and a beta of 1.06. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.59. Great Southern Bancorp, Inc. has a 1-year low of $47.25 and a 1-year high of $58.45.
Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Wednesday, October 18th. The financial services provider reported $0.82 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.82. Great Southern Bancorp had a return on equity of 11.46% and a net margin of 23.03%. The firm had revenue of $46.94 million during the quarter, compared to the consensus estimate of $46.30 million. equities research analysts predict that Great Southern Bancorp, Inc. will post 3.58 earnings per share for the current year.
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Great Southern Bancorp Profile
Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.
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