Great Southern Bancorp, Inc. (NASDAQ:GSBC) Shares Bought by Legato Capital Management LLC

Legato Capital Management LLC lifted its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 101.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,759 shares of the financial services provider’s stock after buying an additional 8,923 shares during the quarter. Legato Capital Management LLC’s holdings in Great Southern Bancorp were worth $1,060,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC grew its stake in shares of Great Southern Bancorp by 48.9% in the 3rd quarter. SG Americas Securities LLC now owns 4,258 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 1,398 shares during the last quarter. Creative Planning increased its position in shares of Great Southern Bancorp by 33.4% in the third quarter. Creative Planning now owns 20,288 shares of the financial services provider’s stock valued at $1,163,000 after buying an additional 5,079 shares in the last quarter. US Bancorp DE grew its stake in Great Southern Bancorp by 2.3% in the 3rd quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock valued at $662,000 after acquiring an additional 257 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Great Southern Bancorp by 3.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 34,994 shares of the financial services provider’s stock worth $2,006,000 after purchasing an additional 1,276 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Great Southern Bancorp by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock worth $4,072,000 after buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler lowered their price target on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd.

Insider Activity at Great Southern Bancorp

In related news, Director Julie A. Brown sold 2,500 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $61.05, for a total value of $152,625.00. Following the transaction, the director now owns 32,896 shares in the company, valued at approximately $2,008,300.80. The trade was a 7.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Mark A. Maples sold 2,600 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $63.42, for a total value of $164,892.00. The disclosure for this sale can be found here. In the last three months, insiders sold 10,100 shares of company stock worth $617,617. Corporate insiders own 27.60% of the company’s stock.

Great Southern Bancorp Price Performance

GSBC opened at $59.50 on Thursday. 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 stock has a market capitalization of $694.96 million, a PE ratio of 11.31 and a beta of 0.65. Great Southern Bancorp, Inc. has a 1 year low of $48.67 and a 1 year high of $68.01. The company’s 50 day simple moving average is $60.78 and its 200 day simple moving average is $59.52.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. As a group, sell-side analysts expect that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.60 annualized dividend and a yield of 2.69%. Great Southern Bancorp’s dividend payout ratio is currently 30.42%.

About Great Southern Bancorp

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.