Inceptionr LLC Takes $488,000 Position in Great Southern Bancorp, Inc. $GSBC

Inceptionr LLC purchased a new stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 7,734 shares of the financial services provider’s stock, valued at approximately $488,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LSV Asset Management increased its holdings in Great Southern Bancorp by 26.6% during the 4th quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock worth $8,057,000 after acquiring an additional 27,487 shares during the period. Tudor Investment Corp ET AL bought a new position in Great Southern Bancorp in the 3rd quarter valued at $1,072,000. JPMorgan Chase & Co. grew its position in shares of Great Southern Bancorp by 101.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,452 shares of the financial services provider’s stock valued at $1,008,000 after purchasing an additional 8,287 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Great Southern Bancorp by 10.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 6,786 shares of the financial services provider’s stock valued at $418,000 after purchasing an additional 656 shares in the last quarter. Finally, Sei Investments Co. increased its holdings 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 purchasing an additional 10,470 shares during the period. 41.66% of the stock is owned by hedge funds and other institutional investors.

Great Southern Bancorp Price Performance

GSBC opened at $79.25 on Friday. The stock’s 50 day simple moving average is $75.22 and its 200 day simple moving average is $68.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. Great Southern Bancorp, Inc. has a 1 year low of $53.76 and a 1 year high of $82.40. The firm has a market cap of $863.03 million, a price-to-earnings ratio of 13.16 and a beta of 0.49.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $1.57 EPS 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 the consensus estimate of $55.26 million. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.86%. As a group, analysts predict that Great Southern Bancorp, Inc. will post 5.99 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Monday, June 29th were given a dividend of $0.43 per share. The ex-dividend date was Monday, June 29th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. Great Southern Bancorp’s payout ratio is currently 28.57%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, VP Kevin L. Baker sold 2,800 shares of the stock in a transaction 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 sale, the vice president directly owned 14 shares of the company’s stock, valued at approximately $979.44. This represents a 99.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Joseph W. Turner sold 6,000 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $68.16, for a total transaction of $408,960.00. Following the sale, the chief executive officer directly owned 136,182 shares in the company, valued at $9,282,165.12. This trade represents a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,187 shares of company stock valued at $769,432 over the last ninety days. Company insiders own 29.75% of the company’s stock.

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.