Charles Schwab Investment Management Inc. Raises Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Charles Schwab Investment Management Inc. raised its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 71,048 shares of the financial services provider’s stock after acquiring an additional 280 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Great Southern Bancorp were worth $4,072,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GSBC. Gradient Investments LLC acquired a new stake in Great Southern Bancorp in the second quarter valued at approximately $40,000. SG Americas Securities LLC acquired a new stake in Great Southern Bancorp in the second quarter valued at approximately $159,000. Comerica Bank acquired a new stake in Great Southern Bancorp in the first quarter valued at approximately $173,000. US Bancorp DE boosted its stake in Great Southern Bancorp by 2.3% in the third 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 in the last quarter. Finally, Creative Planning boosted its stake 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 acquiring an additional 4,772 shares in the last quarter. 41.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Transactions at Great Southern Bancorp

In related news, VP Mark A. Maples sold 2,074 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total transaction of $139,352.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph W. Turner sold 6,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total transaction of $399,780.00. Following the transaction, the chief executive officer now owns 137,382 shares of the company’s stock, valued at $9,153,762.66. This represents a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,174 shares of company stock worth $1,235,009. Company insiders own 27.60% of the company’s stock.

Great Southern Bancorp Trading Down 0.3 %

NASDAQ:GSBC opened at $65.87 on Friday. Great Southern Bancorp, Inc. has a 12 month low of $48.19 and a 12 month high of $68.01. The firm has a fifty day simple moving average of $61.05 and a 200-day simple moving average of $58.08. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $769.36 million, a P/E ratio of 12.92 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. The business had revenue of $90.79 million during the quarter, compared to the consensus estimate of $54.75 million. During the same period in the previous year, the firm posted $1.33 earnings per share. On average, equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.43%. Great Southern Bancorp’s payout ratio is currently 31.37%.

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.