Dimensional Fund Advisors LP Sells 4,027 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Dimensional Fund Advisors LP lowered its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC – Get Rating) by 0.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 777,355 shares of the financial services provider’s stock after selling 4,027 shares during the period. Dimensional Fund Advisors LP owned approximately 0.06% of Great Southern Bancorp worth $44,364,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Money Concepts Capital Corp bought a new stake in shares of Great Southern Bancorp during the third quarter worth about $51,000. SG Americas Securities LLC purchased a new stake in shares of Great Southern Bancorp in the 2nd quarter worth about $150,000. BNP Paribas Arbitrage SA increased its stake in shares of Great Southern Bancorp by 6.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,120 shares of the financial services provider’s stock worth $183,000 after acquiring an additional 192 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Great Southern Bancorp during the 2nd quarter valued at about $199,000. Finally, Graham Capital Management L.P. purchased a new position in shares of Great Southern Bancorp in the first quarter worth approximately $233,000. 42.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Great Southern Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, November 19th.

Great Southern Bancorp Stock Down 0.5 %

Shares of GSBC opened at $58.19 on Wednesday. Great Southern Bancorp, Inc. has a 1 year low of $50.30 and a 1 year high of $64.16. The company’s 50-day simple moving average is $58.68 and its 200-day simple moving average is $59.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $711.08 million, a PE ratio of 9.63 and a beta of 0.74.

Great Southern Bancorp (NASDAQ:GSBC – Get Rating) last posted its earnings results on Tuesday, January 24th. The financial services provider reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.20. Great Southern Bancorp had a net margin of 29.09% and a return on equity of 13.86%. The firm had revenue of $75.61 million during the quarter, compared to the consensus estimate of $62.53 million. Analysts forecast that Great Southern Bancorp, Inc. will post 6.37 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 18th. Stockholders of record on Tuesday, January 3rd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend was Friday, December 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is 26.49%.

About Great Southern Bancorp

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Great Southern Bancorp, Inc is a bank holding company, which engages in the provision of financial services. It offers residential and commercial real estate loans, construction loans, commercial business loans and consumer loans. The company was founded in July 1989 and is headquartered in Springfield, MO.