UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC – Free Report) by 34.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 18,106 shares of the financial services provider’s stock after selling 9,690 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Great Southern Bancorp were worth $1,038,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GSBC. BNP Paribas Financial Markets increased its stake in shares of Great Southern Bancorp by 11.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 215 shares in the last quarter. SG Americas Securities LLC purchased a new position in Great Southern Bancorp during the second quarter valued at $159,000. US Bancorp DE increased its stake in shares of Great Southern Bancorp by 2.3% during the third quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock worth $662,000 after purchasing an additional 257 shares in the last quarter. Creative Planning raised its position in shares of Great Southern Bancorp by 45.7% during the 2nd quarter. Creative Planning now owns 15,209 shares of the financial services provider’s stock worth $846,000 after purchasing an additional 4,772 shares during the last quarter. Finally, Independent Advisor Alliance raised its position in shares of Great Southern Bancorp by 219.1% during the 3rd quarter. Independent Advisor Alliance now owns 24,862 shares of the financial services provider’s stock worth $1,425,000 after purchasing an additional 17,070 shares during the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.
Insider Buying and Selling
In other news, VP Mark A. Maples sold 2,074 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $67.19, for a total value of $139,352.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $66.63, for a total value of $399,780.00. Following the completion of the transaction, the chief executive officer now owns 137,382 shares of the company’s stock, valued at $9,153,762.66. The trade was a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,174 shares of company stock worth $1,235,009. 27.60% of the stock is owned by corporate insiders.
Great Southern Bancorp Trading Down 4.6 %
Great Southern Bancorp (NASDAQ:GSBC – Get Free Report) last announced its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share (EPS) for the quarter, beating 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 company had revenue of $90.79 million during the quarter, compared to analysts’ expectations of $54.75 million. During the same quarter in the prior year, the company earned $1.33 EPS. Research analysts forecast that Great Southern Bancorp, Inc. will post 5.3 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Piper Sandler cut their price objective on 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.
View Our Latest Report on Great Southern Bancorp
Great Southern Bancorp Company 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.
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