Great Southern Bancorp, Inc. (NASDAQ:GSBC) Position Trimmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 5.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,125 shares of the financial services provider’s stock after selling 7,188 shares during the period. JPMorgan Chase & Co. owned approximately 0.92% of Great Southern Bancorp worth $7,199,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Prudential Financial Inc. grew its stake in shares of Great Southern Bancorp by 3.5% in the second quarter. Prudential Financial Inc. now owns 114,017 shares of the financial services provider’s stock worth $6,100,000 after purchasing an additional 3,820 shares during the last quarter. LSV Asset Management grew its stake in shares of Great Southern Bancorp by 2.2% in the second quarter. LSV Asset Management now owns 166,831 shares of the financial services provider’s stock worth $8,925,000 after purchasing an additional 3,540 shares during the last quarter. Teachers Advisors LLC grew its stake in shares of Great Southern Bancorp by 2.0% in the first quarter. Teachers Advisors LLC now owns 24,273 shares of the financial services provider’s stock worth $1,226,000 after purchasing an additional 472 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Great Southern Bancorp by 3.8% in the second quarter. Dimensional Fund Advisors LP now owns 624,663 shares of the financial services provider’s stock worth $33,420,000 after purchasing an additional 22,862 shares during the last quarter. Finally, Context BH Capital Management LP grew its stake in shares of Great Southern Bancorp by 50.0% in the second quarter. Context BH Capital Management LP now owns 37,592 shares of the financial services provider’s stock worth $2,011,000 after purchasing an additional 12,524 shares during the last quarter. Institutional investors and hedge funds own 40.90% of the company’s stock.

In other news, insider Rex A. Copeland sold 5,250 shares of Great Southern Bancorp stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $55.00, for a total transaction of $288,750.00. Following the completion of the transaction, the insider now directly owns 24,698 shares in the company, valued at $1,358,390. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Douglas W. Marrs sold 625 shares of Great Southern Bancorp stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $55.95, for a total transaction of $34,968.75. Following the transaction, the vice president now owns 2,531 shares of the company’s stock, valued at $141,609.45. The disclosure for this sale can be found here. Insiders have sold 6,500 shares of company stock valued at $357,894 over the last quarter. Company insiders own 23.78% of the company’s stock.

GSBC has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $52.00 target price on shares of Great Southern Bancorp in a research note on Tuesday, October 3rd. Sandler O’Neill cut Great Southern Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Finally, BidaskClub lowered shares of Great Southern Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, January 5th.

Shares of Great Southern Bancorp, Inc. (GSBC) opened at $52.15 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.59. Great Southern Bancorp, Inc. has a 1-year low of $47.25 and a 1-year high of $58.45. The company has a market cap of $724.02, a PE ratio of 14.49 and a beta of 1.03.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.82 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.82. Great Southern Bancorp had a net margin of 23.03% and a return on equity of 11.46%. The business had revenue of $46.94 million during the quarter, compared to analyst estimates of $46.30 million. equities analysts anticipate that Great Southern Bancorp, Inc. will post 3.58 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 17th. Stockholders of record on Tuesday, January 2nd will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.96 annualized dividend and a dividend yield of 1.84%. Great Southern Bancorp’s payout ratio is 26.67%.

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Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.

Institutional Ownership by Quarter for Great Southern Bancorp (NASDAQ:GSBC)

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