UBS Group AG reduced its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 19.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,344 shares of the financial services provider’s stock after selling 1,732 shares during the period. UBS Group AG owned approximately 0.05% of Great Southern Bancorp worth $371,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its stake in Great Southern Bancorp by 2.6% in the first quarter. Russell Investments Group Ltd. now owns 16,030 shares of the financial services provider’s stock valued at $810,000 after buying an additional 400 shares in the last quarter. TFS Capital LLC purchased a new position in shares of Great Southern Bancorp during the first quarter worth approximately $241,000. Swiss National Bank raised its position in shares of Great Southern Bancorp by 6.0% in the first quarter. Swiss National Bank now owns 16,000 shares of the financial services provider’s stock worth $808,000 after buying an additional 900 shares during the last quarter. American International Group Inc. raised its position in shares of Great Southern Bancorp by 7.2% in the first quarter. American International Group Inc. now owns 6,612 shares of the financial services provider’s stock worth $334,000 after buying an additional 445 shares during the last quarter. Finally, Columbia Wanger Asset Management LLC raised its position in shares of Great Southern Bancorp by 6.7% in the first quarter. Columbia Wanger Asset Management LLC now owns 230,513 shares of the financial services provider’s stock worth $11,641,000 after buying an additional 14,512 shares during the last quarter. Institutional investors and hedge funds own 39.89% of the company’s stock.
Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) traded down 1.81% during trading on Friday, hitting $48.85. The company had a trading volume of 15,977 shares. The firm has a market capitalization of $685.66 million, a P/E ratio of 13.69 and a beta of 1.08. Great Southern Bancorp, Inc. has a 52-week low of $38.35 and a 52-week high of $56.70. The stock’s 50-day moving average is $52.57 and its 200 day moving average is $51.02.
Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $1.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.37. The firm had revenue of $53.70 million for the quarter, compared to analyst estimates of $49.78 million. Great Southern Bancorp had a net margin of 22.84% and a return on equity of 11.62%. Equities research analysts predict that Great Southern Bancorp, Inc. will post $3.57 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Monday, July 3rd were paid a dividend of $0.24 per share. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $0.96 annualized dividend and a dividend yield of 1.97%. Great Southern Bancorp’s dividend payout ratio is 26.82%.
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GSBC has been the subject of a number of research reports. Keefe, Bruyette & Woods reissued a “neutral” rating on shares of Great Southern Bancorp in a research note on Thursday, April 20th. Zacks Investment Research lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. Finally, BidaskClub downgraded Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Friday, July 28th.
In other Great Southern Bancorp news, Director William V. Turner sold 5,000 shares of the stock in a transaction on Monday, July 24th. The shares were sold at an average price of $52.73, for a total value of $263,650.00. Following the completion of the sale, the director now directly owns 173,853 shares of the company’s stock, valued at approximately $9,167,268.69. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director William V. Turner sold 10,800 shares of the firm’s stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $52.76, for a total transaction of $569,808.00. Following the transaction, the director now directly owns 173,853 shares of the company’s stock, valued at $9,172,484.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,851 shares of company stock valued at $836,004. 23.78% of the stock is owned by insiders.
Great Southern Bancorp Company 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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