Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC – Free Report) by 22.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,349 shares of the financial services provider after purchasing an additional 1,897 shares during the quarter. Janney Montgomery Scott LLC owned about 0.09% of Great Southern Bancorp worth $567,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company recently. Vanguard Group Inc. increased its stake in Great Southern Bancorp by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 522,676 shares of the financial services provider’s stock worth $25,047,000 after purchasing an additional 3,758 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Great Southern Bancorp by 11.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 150,742 shares of the financial services provider’s stock worth $8,264,000 after purchasing an additional 15,941 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Great Southern Bancorp by 9.6% in the 3rd quarter. American Century Companies Inc. Wedge Capital Management LLP NC now owns 110,872 shares of the financial services provider’s stock worth $5,313,000 after acquiring an additional 9,683 shares in the last quarter. Wedge Capital Management LLP NC increased its stake in shares of Great Southern Bancorp by 19.1% in the 4th quarter. Wedge Capital Management LLP NC now owns 8,726 shares of the financial services provider’s stock worth $518,000 after acquiring an additional 1,401 shares in the last quarter. Finally, Commerce Bank increased its stake in shares of Great Southern Bancorp by 5.1% in the 4th quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock worth $488,000 after acquiring an additional 400 shares in the last quarter. 41.66% of the shares are held by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised its price target on Great Southern Bancorp from $53.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday.

Read our latest research report on GSBC

Great Southern Bancorp shares fall 2.4%

Shares of GSBC opened at $61.65 on Friday. Great Southern Bancorp, Inc. has a 52-week low of $45.66 and a 52-week high of $65.90. The company has a market cap of $718.84 million, a PE ratio of 12.11 and a beta of 0.64. The stock has a fifty-day simple moving average of $53.87 and a two-hundred-day simple moving average of $53.24. 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 (NASDAQ:GSBC – Get Free Report) last released its quarterly earnings results on Tuesday, July 16. The financial services company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.25. The company had revenue of $90.76 million during the quarter, compared to analysts’ expectations of $53.75 million. Great Southern Bancorp had a return on equity of 10.68% and a net margin of 17.42%. Over the same period in the prior year, the company posted $1.52 EPS. As a group, equities analysts predict that Great Southern Bancorp, Inc. will post 5.09 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 16th. Shareholders of record on Monday, July 1st were paid a dividend of $0.40 per share. This represents an annualized dividend of $1.60 and a dividend yield of 2.60%. The ex-dividend date for this dividend was Monday, July 1st. Great Southern Bancorp’s dividend payout ratio is currently 31.43%.

Insider transactions at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 625 shares of the company’s stock in a transaction on Tuesday, April 23. The shares were sold at an average price of $53.60, for a total transaction of $33,500.00. Following the completion of the transaction, the VP now directly owns 13 shares of the company’s stock, valued at approximately $696.80. The transaction was disclosed in a document filed with the SEC, which is available on the SEC website. Company insiders own 27.60% of the company’s stock.

Great Southern Bancorp Profile

(Free Report)

Great Southern Bancorp, Inc. is a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include savings accounts, checking accounts, money market accounts, fixed-rate certificates of varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.

Read further

Get news and reviews for Great Southern Bancorp Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings on Great Southern Bancorp and related companies with MarketBeat.com’s FREE daily email newsletter.