Globeflex Capital L P Buys New Stake in Great Southern Bancorp, Inc. $GSBC

Globeflex Capital L P purchased a new position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,796 shares of the financial services provider’s stock, valued at approximately $1,082,000. Globeflex Capital L P owned 0.13% of Great Southern Bancorp as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Commerce Bank acquired a new position in shares of Great Southern Bancorp in the 2nd quarter valued at about $654,000. Quantbot Technologies LP purchased a new position in Great Southern Bancorp during the second quarter valued at approximately $71,000. BlackRock Inc. purchased a new position in Great Southern Bancorp during the second quarter valued at approximately $60,624,000. Deutsche Bank AG acquired a new position in Great Southern Bancorp in the second quarter valued at approximately $627,000. Finally, OneDigital Investment Advisors LLC purchased a new stake in Great Southern Bancorp in the 2nd quarter worth approximately $470,000. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Insider Activity

In other news, Director Julie A. Brown sold 851 shares of Great Southern Bancorp stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $81.00, for a total value of $68,931.00. Following the sale, the director directly owned 7,052 shares of the company’s stock, valued at $571,212. The trade was a 10.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 29.75% of the stock is owned by corporate insiders.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC opened at $78.65 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $857.13 million, a PE ratio of 13.06 and a beta of 0.49. Great Southern Bancorp, Inc. has a fifty-two week low of $53.76 and a fifty-two week high of $82.91. The company has a fifty day moving average of $78.66 and a two-hundred day moving average of $70.73.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.19. The business had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. As a group, research analysts forecast that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Monday, June 29th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, June 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.57%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a report on Friday, July 17th. Weiss Ratings lowered shares of Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Zacks Research cut shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Finally, Wall Street Zen lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Great Southern Bancorp currently has a consensus rating of “Hold” and a consensus price target of $74.00.

About Great Southern Bancorp

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.