Panagora Asset Management Inc. lifted its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 28.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 20,548 shares of the financial services provider’s stock after acquiring an additional 4,604 shares during the quarter. Panagora Asset Management Inc.’s holdings in Great Southern Bancorp were worth $1,230,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in GSBC. Wells Fargo & Company MN lifted its stake in shares of Great Southern Bancorp by 46.9% during the 2nd quarter. Wells Fargo & Company MN now owns 171,422 shares of the financial services provider’s stock valued at $10,260,000 after buying an additional 54,702 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in Great Southern Bancorp in the 2nd quarter worth approximately $1,993,000. Chicago Equity Partners LLC purchased a new stake in Great Southern Bancorp in the 2nd quarter worth approximately $1,649,000. Acadian Asset Management LLC lifted its stake in Great Southern Bancorp by 82.3% in the 2nd quarter. Acadian Asset Management LLC now owns 31,134 shares of the financial services provider’s stock worth $1,864,000 after purchasing an additional 14,052 shares in the last quarter. Finally, Martingale Asset Management L P lifted its stake in Great Southern Bancorp by 14.0% in the 1st quarter. Martingale Asset Management L P now owns 89,725 shares of the financial services provider’s stock worth $4,658,000 after purchasing an additional 11,001 shares in the last quarter. Institutional investors own 45.51% of the company’s stock.
Several analysts have issued reports on the stock. BidaskClub upgraded shares of Great Southern Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research upgraded shares of Great Southern Bancorp from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Tuesday, August 6th. Finally, ValuEngine cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.
In other Great Southern Bancorp news, VP Kevin L. Baker sold 2,500 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $59.50, for a total value of $148,750.00. Following the sale, the vice president now directly owns 636 shares in the company, valued at approximately $37,842. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 23.23% of the company’s stock.
NASDAQ GSBC traded down $0.08 on Thursday, hitting $59.07. The stock had a trading volume of 5,206 shares, compared to its average volume of 27,465. Great Southern Bancorp, Inc. has a 52-week low of $43.30 and a 52-week high of $60.94. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $812.39 million, a price-to-earnings ratio of 12.54 and a beta of 1.08. The firm has a 50-day moving average of $56.88 and a 200-day moving average of $56.74.
Great Southern Bancorp (NASDAQ:GSBC) last posted its earnings results on Wednesday, July 17th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.15. Great Southern Bancorp had a net margin of 28.97% and a return on equity of 14.06%. The business had revenue of $52.08 million for the quarter, compared to analysts’ expectations of $51.50 million. As a group, research analysts anticipate that Great Southern Bancorp, Inc. will post 4.84 earnings per share for the current fiscal year.
Great Southern Bancorp Profile
Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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.
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