Great Southern Bancorp, Inc. (NASDAQ:GSBC) Position Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,411 shares of the financial services provider’s stock after purchasing an additional 363 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Great Southern Bancorp were worth $4,263,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GSBC. Proficio Capital Partners LLC acquired a new position in Great Southern Bancorp during the fourth quarter valued at approximately $966,000. Legato Capital Management LLC raised its stake in shares of Great Southern Bancorp by 101.0% in the 4th quarter. Legato Capital Management LLC now owns 17,759 shares of the financial services provider’s stock valued at $1,060,000 after buying an additional 8,923 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Great Southern Bancorp by 10.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider’s stock worth $9,072,000 after purchasing an additional 14,425 shares during the period. Empowered Funds LLC acquired a new stake in Great Southern Bancorp in the 4th quarter valued at $483,000. Finally, EMC Capital Management grew its holdings in shares of Great Southern Bancorp by 188.9% in the 4th quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 2,932 shares during the last quarter. Institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Trading Up 0.9 %

GSBC stock opened at $57.42 on Thursday. The business has a fifty day moving average of $58.59 and a 200-day moving average of $59.51. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. The company has a market cap of $665.96 million, a P/E ratio of 10.92 and a beta of 0.62. Great Southern Bancorp, Inc. has a twelve month low of $49.74 and a twelve month high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 EPS for the quarter, missing the consensus estimate 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, equities research analysts expect that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 31st will be given a dividend of $0.40 per share. The ex-dividend date is Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.79%. Great Southern Bancorp’s dividend payout ratio is 30.42%.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped their price target on 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 Buying and Selling at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the transaction, the vice president now owns 14 shares in the company, valued at approximately $840.28. This represents a 99.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 27.60% of the company’s stock.

Great Southern Bancorp 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.