Great Southern Bancorp, Inc. $GSBC Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 3.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 190,300 shares of the financial services provider’s stock after selling 6,300 shares during the period. Renaissance Technologies LLC’s holdings in Great Southern Bancorp were worth $12,014,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Inceptionr LLC purchased a new position in shares of Great Southern Bancorp during the 1st quarter valued at about $488,000. Sei Investments Co. boosted its stake in shares of Great Southern Bancorp by 167.5% in the first quarter. Sei Investments Co. now owns 16,719 shares of the financial services provider’s stock worth $1,055,000 after buying an additional 10,470 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Great Southern Bancorp in the first quarter worth about $867,000. Fifth Third Bancorp purchased a new stake in shares of Great Southern Bancorp in the first quarter worth about $243,000. Finally, Inspire Investing LLC grew its holdings in Great Southern Bancorp by 7.6% during the first quarter. Inspire Investing LLC now owns 8,136 shares of the financial services provider’s stock worth $514,000 after acquiring an additional 572 shares during the period. 41.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 2,800 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $69.96, for a total value of $195,888.00. Following the completion of the sale, the vice president directly owned 14 shares in the company, valued at $979.44. The trade was a 99.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 29.75% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on GSBC shares. Wall Street Zen cut Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Zacks Research lowered Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Keefe, Bruyette & Woods raised their price objective on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a research note on Friday, July 17th. Finally, Weiss Ratings raised shares of Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Great Southern Bancorp currently has an average rating of “Hold” and an average target price of $74.00.

Great Southern Bancorp Trading Up 0.2%

GSBC stock opened at $80.31 on Friday. Great Southern Bancorp, Inc. has a 52-week low of $53.76 and a 52-week high of $82.40. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The firm has a market cap of $874.58 million, a P/E ratio of 13.34 and a beta of 0.49. The company’s 50-day simple moving average is $76.25 and its 200-day simple moving average is $68.68.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. The firm had revenue of $56.87 million during the quarter, compared to analyst estimates of $55.26 million. Great Southern Bancorp had a return on equity of 10.86% and a net margin of 20.72%. As a group, equities analysts forecast that Great Southern Bancorp, Inc. will post 5.99 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Monday, June 29th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, June 29th. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 28.57%.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.