Simmons Bank Sells 1,000 Shares of Great Southern Bancorp, Inc. $GSBC

Simmons Bank trimmed its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 0.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,266 shares of the financial services provider’s stock after selling 1,000 shares during the quarter. Simmons Bank’s holdings in Great Southern Bancorp were worth $8,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of GSBC. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Great Southern Bancorp by 69.2% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 106,190 shares of the financial services provider’s stock worth $5,880,000 after purchasing an additional 43,430 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Great Southern Bancorp in the 1st quarter worth $1,171,000. Jane Street Group LLC purchased a new stake in shares of Great Southern Bancorp in the 1st quarter worth $1,146,000. American Century Companies Inc. increased its stake in shares of Great Southern Bancorp by 9.7% in the 1st quarter. American Century Companies Inc. now owns 228,461 shares of the financial services provider’s stock worth $12,650,000 after purchasing an additional 20,248 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Great Southern Bancorp in the 1st quarter worth $457,000. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Great Southern Bancorp Trading Down 0.1%

Shares of Great Southern Bancorp stock opened at $55.96 on Wednesday. The firm has a market cap of $633.91 million, a price-to-earnings ratio of 9.30 and a beta of 0.55. The business has a 50-day moving average price of $60.78 and a 200-day moving average price of $59.05. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. Great Southern Bancorp, Inc. has a twelve month low of $47.57 and a twelve month high of $68.01.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.01. Great Southern Bancorp had a return on equity of 11.38% and a net margin of 19.80%.The firm had revenue of $57.84 million during the quarter, compared to analyst estimates of $56.72 million. Equities research analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Monday, September 29th were paid a $0.43 dividend. The ex-dividend date of this dividend was Monday, September 29th. This is an increase from Great Southern Bancorp’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 3.1%. Great Southern Bancorp’s payout ratio is 28.57%.

Analysts Set New Price Targets

GSBC has been the subject of several analyst reports. Keefe, Bruyette & Woods reduced their price objective on Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating for the company in a research note on Friday, October 17th. Zacks Research lowered Great Southern Bancorp from a “hold” rating to a “strong sell” rating in a research note on Monday, October 20th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Great Southern Bancorp in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Great Southern Bancorp presently has an average rating of “Hold” and an average target price of $59.50.

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.