LSV Asset Management Sells 3,600 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

LSV Asset Management reduced its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,946 shares of the financial services provider’s stock after selling 3,600 shares during the period. LSV Asset Management’s holdings in Great Southern Bancorp were worth $7,237,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GSBC. SG Americas Securities LLC bought a new stake in Great Southern Bancorp in the 3rd quarter worth approximately $218,000. Bank of New York Mellon Corp grew its holdings in shares of Great Southern Bancorp by 0.4% in the third quarter. Bank of New York Mellon Corp now owns 59,286 shares of the financial services provider’s stock valued at $2,841,000 after purchasing an additional 252 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Great Southern Bancorp by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 106,594 shares of the financial services provider’s stock valued at $5,108,000 after purchasing an additional 1,430 shares in the last quarter. American Century Companies Inc. increased its position in Great Southern Bancorp by 9.6% in the third quarter. American Century Companies Inc. now owns 110,872 shares of the financial services provider’s stock worth $5,313,000 after purchasing an additional 9,683 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Great Southern Bancorp by 0.7% during the third quarter. Vanguard Group Inc. now owns 522,676 shares of the financial services provider’s stock valued at $25,047,000 after purchasing an additional 3,758 shares in the last quarter. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Piper Sandler dropped their price objective on shares of Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods dropped their price target on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating for the company in a research report on Thursday, January 25th.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC opened at $53.08 on Thursday. The firm has a market capitalization of $618.81 million, a PE ratio of 10.43 and a beta of 0.65. The stock’s fifty day moving average is $52.27 and its 200 day moving average is $53.30. Great Southern Bancorp, Inc. has a fifty-two week low of $45.66 and a fifty-two week high of $61.94. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.94 and a current ratio of 0.94.

Great Southern Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 16th. Stockholders of record on Tuesday, April 2nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.01%. The ex-dividend date was Monday, April 1st. Great Southern Bancorp’s dividend payout ratio is currently 31.43%.

Insider Transactions at Great Southern Bancorp

In related news, VP Kevin L. Baker sold 625 shares of the company’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $53.60, for a total transaction of $33,500.00. Following the transaction, the vice president now directly owns 13 shares in the company, valued at approximately $696.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 27.73% of the company’s stock.

Great Southern Bancorp Company 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.