Virtu Financial LLC Boosts Stock Position in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Virtu Financial LLC boosted its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 20.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,637 shares of the financial services provider’s stock after buying an additional 782 shares during the period. Virtu Financial LLC’s holdings in Great Southern Bancorp were worth $277,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in GSBC. Proficio Capital Partners LLC purchased a new stake in shares of Great Southern Bancorp in the fourth quarter worth $966,000. Allspring Global Investments Holdings LLC grew its position in Great Southern Bancorp by 10.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider’s stock valued at $9,072,000 after purchasing an additional 14,425 shares during the last quarter. FMR LLC grew its position in Great Southern Bancorp by 30.8% during the 3rd quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after purchasing an additional 13,799 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in Great Southern Bancorp during the 4th quarter valued at about $691,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Great Southern Bancorp in the fourth quarter worth about $570,000. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Stock Up 0.8 %

GSBC stock opened at $57.86 on Friday. The stock has a market capitalization of $671.06 million, a P/E ratio of 11.00 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. Great Southern Bancorp, Inc. has a 1-year low of $49.74 and a 1-year high of $68.02. The business has a fifty day moving average price of $58.55 and a 200-day moving average price of $59.50.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.05). Great Southern Bancorp had a return on equity of 10.62% and a net margin of 17.40%. Equities analysts forecast that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 31st will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.60 dividend on an annualized basis and a yield of 2.77%. Great Southern Bancorp’s dividend payout ratio (DPR) is 30.42%.

Insider Buying and Selling

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares in the company, valued at approximately $840.28. The trade was a 99.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 27.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler reduced their price target on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating for the company in a research report on Thursday, January 23rd.

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.