Simmons Bank Sells 2,250 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Simmons Bank lessened its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 1.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,941 shares of the financial services provider’s stock after selling 2,250 shares during the period. Simmons Bank owned 1.39% of Great Southern Bancorp worth $9,281,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Great Southern Bancorp by 11.5% during the 1st quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock worth $30,920,000 after buying an additional 58,041 shares during the period. Comerica Bank bought a new position in shares of Great Southern Bancorp in the 1st quarter worth $173,000. American Century Companies Inc. grew its stake in shares of Great Southern Bancorp by 15.6% during the second quarter. American Century Companies Inc. now owns 173,711 shares of the financial services provider’s stock worth $9,660,000 after purchasing an additional 23,401 shares during the period. Creative Planning increased its holdings in Great Southern Bancorp by 45.7% in the second quarter. Creative Planning now owns 15,209 shares of the financial services provider’s stock valued at $846,000 after purchasing an additional 4,772 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Great Southern Bancorp in the second quarter valued at about $159,000. Institutional investors and hedge funds own 41.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Piper Sandler lowered their price objective on shares of Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, October 18th.

Insider Activity

In other Great Southern Bancorp news, CEO Joseph W. Turner sold 6,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total value of $399,780.00. Following the transaction, the chief executive officer now directly owns 137,382 shares of the company’s stock, valued at $9,153,762.66. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, VP Mark A. Maples sold 2,074 shares of the business’s 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $9,153,762.66. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,494 shares of company stock valued at $787,271 over the last ninety days. 27.73% of the stock is currently owned by company insiders.

Great Southern Bancorp Stock Performance

GSBC opened at $63.40 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The business’s 50-day simple moving average is $57.89 and its 200 day simple moving average is $56.33. The firm has a market capitalization of $740.51 million, a PE ratio of 12.43 and a beta of 0.62. Great Southern Bancorp, Inc. has a 52-week low of $48.19 and a 52-week high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.15. The firm had revenue of $90.79 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. During the same period in the prior year, the firm posted $1.33 earnings per share. As a group, sell-side analysts expect that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.52%. Great Southern Bancorp’s dividend payout ratio is currently 31.37%.

Great Southern Bancorp 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.