Kennedy Capital Management LLC Sells 406 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Kennedy Capital Management LLC reduced its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 1.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 20,475 shares of the financial services provider’s stock after selling 406 shares during the quarter. Kennedy Capital Management LLC’s holdings in Great Southern Bancorp were worth $1,122,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. EntryPoint Capital LLC lifted its holdings in Great Southern Bancorp by 130.5% in the first quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock valued at $53,000 after buying an additional 543 shares during the period. BNP Paribas Financial Markets lifted its holdings in Great Southern Bancorp by 79.2% in the first quarter. BNP Paribas Financial Markets now owns 4,531 shares of the financial services provider’s stock valued at $248,000 after buying an additional 2,002 shares during the period. Commerce Bank lifted its holdings in Great Southern Bancorp by 5.1% in the fourth quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock valued at $488,000 after buying an additional 400 shares during the period. Janney Montgomery Scott LLC raised its holdings in Great Southern Bancorp by 43.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,452 shares of the financial services provider’s stock worth $502,000 after purchasing an additional 2,541 shares during the period. Finally, Wedge Capital Management L L P NC raised its holdings in Great Southern Bancorp by 19.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 8,726 shares of the financial services provider’s stock worth $518,000 after purchasing an additional 1,401 shares during the period. 41.66% of the stock is owned by institutional investors.

Insider Activity at Great Southern Bancorp

In related news, Director Earl A. Steinert, Jr. sold 5,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $63.21, for a total value of $316,050.00. Following the completion of the transaction, the director now owns 939,596 shares of the company’s stock, valued at $59,391,863.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Earl A. Steinert, Jr. sold 5,000 shares of Great Southern Bancorp stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $63.21, for a total value of $316,050.00. Following the completion of the transaction, the director now owns 939,596 shares of the company’s stock, valued at approximately $59,391,863.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider John M. Bugh 1,750 shares of Great Southern Bancorp stock in a transaction dated Tuesday, July 30th. The disclosure for this trade can be found here. 27.60% of the stock is owned by insiders.

Great Southern Bancorp Stock Down 2.3 %

Shares of GSBC stock opened at $62.61 on Thursday. The firm has a fifty day moving average of $55.36 and a 200-day moving average of $53.51. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.18. Great Southern Bancorp, Inc. has a 12-month low of $45.66 and a 12-month high of $65.90. The company has a market capitalization of $730.03 million, a price-to-earnings ratio of 12.30 and a beta of 0.64.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Tuesday, July 16th. The financial services provider reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.25. The business had revenue of $90.76 million during the quarter, compared to the consensus estimate of $53.75 million. Great Southern Bancorp had a net margin of 17.42% and a return on equity of 10.68%. During the same quarter last year, the firm earned $1.52 earnings per share. As a group, equities research analysts predict that Great Southern Bancorp, Inc. will post 5.09 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 16th. Investors of record on Monday, July 1st were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date was Monday, July 1st. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 31.43%.

Wall Street Analyst Weigh In

Separately, Piper Sandler increased their target price on shares of Great Southern Bancorp from $53.00 to $64.00 and gave the stock a “neutral” rating in a report on Thursday, July 18th.

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.