Dean Capital Management Sells 17,416 Shares of Great Southern Bancorp, Inc. $GSBC

Dean Capital Management trimmed its holdings in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 67.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,556 shares of the financial services provider’s stock after selling 17,416 shares during the quarter. Dean Capital Management’s holdings in Great Southern Bancorp were worth $540,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GSBC. Two Sigma Investments LP increased its stake in Great Southern Bancorp by 177.7% in the 3rd quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock worth $2,954,000 after buying an additional 30,863 shares during the period. LSV Asset Management boosted its position in Great Southern Bancorp by 26.6% in the 4th quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock valued at $8,057,000 after buying an additional 27,487 shares during the period. First Trust Advisors LP grew its stake in Great Southern Bancorp by 328.9% in the 3rd quarter. First Trust Advisors LP now owns 32,321 shares of the financial services provider’s stock worth $1,980,000 after acquiring an additional 24,786 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in Great Southern Bancorp by 121.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 39,757 shares of the financial services provider’s stock worth $2,435,000 after acquiring an additional 21,806 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Great Southern Bancorp during the first quarter worth approximately $1,146,000. 41.66% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Great Southern Bancorp

In other news, VP Kevin L. Baker sold 2,800 shares of Great Southern Bancorp stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $69.96, for a total transaction of $195,888.00. Following the completion of the sale, the vice president directly owned 14 shares in the company, valued at approximately $979.44. The trade was a 99.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of the business’s stock in a transaction on 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. Over the last ninety days, insiders sold 11,187 shares of company stock worth $769,432. Company insiders own 29.75% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on GSBC shares. Weiss Ratings upgraded Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, July 9th. Wall Street Zen lowered Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Keefe, Bruyette & Woods increased their price target on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a research report on Friday, July 17th. Finally, Zacks Research cut shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $74.00.

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $79.25 on Monday. Great Southern Bancorp, Inc. has a fifty-two week low of $53.76 and a fifty-two week high of $82.40. The company has a market cap of $863.03 million, a PE ratio of 13.16 and a beta of 0.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The business has a 50-day simple moving average of $75.22 and a two-hundred day simple moving average of $68.10.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.19. The firm had revenue of $56.87 million for 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, equities analysts expect that Great Southern Bancorp, Inc. will post 5.99 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Monday, June 29th were issued a $0.43 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Great Southern Bancorp’s dividend payout ratio (DPR) is currently 28.57%.

About Great Southern Bancorp

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.