Mercer Global Advisors Inc. ADV Makes New Investment in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Mercer Global Advisors Inc. ADV acquired a new position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the fourth quarter, Holdings Channel.com reports. The firm acquired 10,713 shares of the financial services provider’s stock, valued at approximately $640,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in Great Southern Bancorp by 146.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock worth $36,000 after buying an additional 355 shares in the last quarter. AlphaQuest LLC acquired a new position in Great Southern Bancorp in the 4th quarter worth $256,000. ExodusPoint Capital Management LP acquired a new position in Great Southern Bancorp in the 4th quarter worth $256,000. EMC Capital Management lifted its holdings in 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 buying an additional 2,932 shares in the last quarter. Finally, Virtu Financial LLC lifted its holdings in Great Southern Bancorp by 20.3% in the 4th quarter. Virtu Financial LLC now owns 4,637 shares of the financial services provider’s stock worth $277,000 after buying an additional 782 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

Great Southern Bancorp Stock Performance

Shares of Great Southern Bancorp stock opened at $56.71 on Monday. The firm has a market cap of $650.35 million, a PE ratio of 10.78 and a beta of 0.51. The firm’s 50-day simple moving average is $55.03 and its 200-day simple moving average is $58.83. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a 1 year low of $47.57 and a 1 year high of $68.02.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, April 16th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. The business had revenue of $55.92 million for the quarter, compared to analyst estimates of $55.53 million. Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. Equities analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 31st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date was Monday, March 31st. Great Southern Bancorp’s dividend payout ratio is presently 28.57%.

Analyst Ratings Changes

A number of brokerages have commented on GSBC. Piper Sandler cut their price objective on shares of Great Southern Bancorp from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Monday, April 21st. Keefe, Bruyette & Woods cut their target price on shares of Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating on the stock in a research note on Monday, April 21st.

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.