Schwab Charles Investment Management Inc. Has $2.84 Million Holdings in Great Southern Bancorp, Inc. (GSBC)

Schwab Charles Investment Management Inc. raised its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 4.9% during the third quarter, Holdings Channel reports. The institutional investor owned 50,977 shares of the financial services provider’s stock after buying an additional 2,384 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Great Southern Bancorp were worth $2,837,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in Great Southern Bancorp during the 3rd quarter valued at $104,000. Voya Investment Management LLC grew its holdings in Great Southern Bancorp by 9.0% during the 2nd quarter. Voya Investment Management LLC now owns 7,844 shares of the financial services provider’s stock valued at $420,000 after buying an additional 647 shares during the last quarter. Aviance Capital Partners LLC grew its holdings in Great Southern Bancorp by 64.0% during the 3rd quarter. Aviance Capital Partners LLC now owns 14,315 shares of the financial services provider’s stock valued at $797,000 after buying an additional 5,586 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in Great Southern Bancorp by 7.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 15,175 shares of the financial services provider’s stock valued at $812,000 after buying an additional 1,038 shares during the last quarter. Finally, IndexIQ Advisors LLC grew its holdings in Great Southern Bancorp by 82.9% during the 3rd quarter. IndexIQ Advisors LLC now owns 17,161 shares of the financial services provider’s stock valued at $955,000 after buying an additional 7,779 shares during the last quarter. Hedge funds and other institutional investors own 40.90% of the company’s stock.

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) opened at $52.35 on Tuesday. Great Southern Bancorp, Inc. has a fifty-two week low of $47.25 and a fifty-two week high of $58.45. The company has a market capitalization of $735.97, a price-to-earnings ratio of 14.54 and a beta of 1.03. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.59.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.82 earnings per share for the quarter, hitting 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 company had revenue of $46.94 million for the quarter, compared to analyst estimates of $46.30 million. equities research analysts forecast that Great Southern Bancorp, Inc. will post 3.58 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 17th. Investors of record on Tuesday, January 2nd will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Friday, December 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 26.67%.

A number of equities research analysts have commented on GSBC shares. Sandler O’Neill cut 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. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $52.00 target price on shares of Great Southern Bancorp in a report on Tuesday, October 3rd. Zacks Investment Research upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Monday, December 25th. Finally, BidaskClub cut Great Southern Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, January 5th.

In related news, VP Douglas W. Marrs sold 625 shares of the stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $54.68, for a total value of $34,175.00. Following the transaction, the vice president now directly owns 2,531 shares of the company’s stock, valued at approximately $138,395.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Rex A. Copeland sold 5,250 shares of the stock in a transaction 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 completion of the transaction, the insider now directly owns 24,698 shares in the company, valued at $1,358,390. The disclosure for this sale can be found here. Insiders sold a total of 6,500 shares of company stock worth $357,894 over the last ninety days. Corporate insiders own 23.78% of the company’s stock.

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About Great Southern Bancorp

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.

Want to see what other hedge funds are holding GSBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Great Southern Bancorp, Inc. (NASDAQ:GSBC).

Institutional Ownership by Quarter for Great Southern Bancorp (NASDAQ:GSBC)

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