EMC Capital Management Buys 2,932 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

EMC Capital Management increased its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 188.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,484 shares of the financial services provider’s stock after acquiring an additional 2,932 shares during the quarter. EMC Capital Management’s holdings in Great Southern Bancorp were worth $268,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. BNP Paribas Financial Markets grew its position in Great Southern Bancorp by 11.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 215 shares during the period. Virtu Financial LLC bought a new stake in shares of Great Southern Bancorp during the 3rd quarter worth $221,000. SG Americas Securities LLC raised its position in Great Southern Bancorp by 48.9% in the third quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider’s stock worth $244,000 after acquiring an additional 1,398 shares during the period. PDT Partners LLC lifted its stake in Great Southern Bancorp by 33.1% in the third quarter. PDT Partners LLC now owns 8,485 shares of the financial services provider’s stock valued at $486,000 after purchasing an additional 2,108 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Great Southern Bancorp by 4.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,235 shares of the financial services provider’s stock valued at $611,000 after buying an additional 391 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors and hedge funds.

Great Southern Bancorp Price Performance

NASDAQ:GSBC traded up $0.32 during trading hours on Thursday, hitting $60.31. The stock had a trading volume of 166 shares, compared to its average volume of 32,571. Great Southern Bancorp, Inc. has a one year low of $48.19 and a one year high of $68.01. The company has a 50 day simple moving average of $61.60 and a two-hundred day simple moving average of $59.75. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $704.36 million, a price-to-earnings ratio of 11.49 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last released 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%. Research analysts forecast that Great Southern Bancorp, Inc. will post 5.18 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.65%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 30.42%.

Analyst Ratings Changes

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

Insider Buying and Selling at Great Southern Bancorp

In other news, VP Mark A. Maples sold 2,074 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Joseph W. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total value of $399,780.00. Following the sale, the chief executive officer now owns 137,382 shares in the company, valued at $9,153,762.66. This represents a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,174 shares of company stock worth $1,235,009. 27.60% of the stock is currently owned by insiders.

Great Southern Bancorp Company 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.