Bessemer Group Inc. Trims Stake in Great Southern Bancorp, Inc. (GSBC)

Bessemer Group Inc. reduced its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 13.2% in the 4th quarter, Holdings Channel reports. The firm owned 15,100 shares of the financial services provider’s stock after selling 2,300 shares during the period. Bessemer Group Inc.’s holdings in Great Southern Bancorp were worth $780,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Great Southern Bancorp by 3.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 644,928 shares of the financial services provider’s stock valued at $35,890,000 after purchasing an additional 20,265 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Great Southern Bancorp by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 544,037 shares of the financial services provider’s stock valued at $29,106,000 after purchasing an additional 19,700 shares during the last quarter. Walthausen & Co. LLC lifted its holdings in shares of Great Southern Bancorp by 9.0% in the 3rd quarter. Walthausen & Co. LLC now owns 231,249 shares of the financial services provider’s stock valued at $12,869,000 after purchasing an additional 19,150 shares during the last quarter. State Street Corp lifted its holdings in shares of Great Southern Bancorp by 5.5% in the 2nd quarter. State Street Corp now owns 223,346 shares of the financial services provider’s stock valued at $11,949,000 after purchasing an additional 11,691 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Great Southern Bancorp by 1.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 220,124 shares of the financial services provider’s stock valued at $11,776,000 after acquiring an additional 3,282 shares during the period. 40.83% of the stock is owned by institutional investors and hedge funds.

Great Southern Bancorp, Inc. (NASDAQ GSBC) opened at $49.45 on Friday. The stock has a market capitalization of $694.11, a PE ratio of 13.59 and a beta of 1.02. Great Southern Bancorp, Inc. has a 52-week low of $47.25 and a 52-week high of $58.45. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.08 and a quick ratio of 1.08.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Tuesday, January 2nd were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.94%. The ex-dividend date was Friday, December 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 26.37%.

In related news, VP Douglas W. Marrs sold 625 shares of the business’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $55.95, for a total value of $34,968.75. Following the transaction, the vice president now owns 2,531 shares in the company, valued at approximately $141,609.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Douglas M. Pitt purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The stock was bought at an average price of $51.58 per share, for a total transaction of $103,160.00. Following the transaction, the director now directly owns 3,100 shares in the company, valued at $159,898. The disclosure for this purchase can be found here. Insiders own 23.78% of the company’s stock.

GSBC has been the topic of several recent research reports. BidaskClub upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Zacks Investment Research upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, December 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $56.00 price target on shares of Great Southern Bancorp in a research report on Friday, December 22nd.

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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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