Independent Advisor Alliance Purchases 17,070 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Independent Advisor Alliance grew its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 219.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,862 shares of the financial services provider’s stock after buying an additional 17,070 shares during the quarter. Independent Advisor Alliance’s holdings in Great Southern Bancorp were worth $1,425,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE boosted its stake in Great Southern Bancorp by 2.3% during the 3rd quarter. US Bancorp DE now owns 11,543 shares of the financial services provider’s stock valued at $662,000 after purchasing an additional 257 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Great Southern Bancorp by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 71,048 shares of the financial services provider’s stock worth $4,072,000 after purchasing an additional 280 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Great Southern Bancorp by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 33,718 shares of the financial services provider’s stock valued at $1,875,000 after purchasing an additional 335 shares in the last quarter. Gradient Investments LLC purchased a new stake in shares of Great Southern Bancorp during the second quarter valued at $40,000. Finally, EMC Capital Management increased its holdings in Great Southern Bancorp by 33.4% in the 1st quarter. EMC Capital Management now owns 4,484 shares of the financial services provider’s stock worth $246,000 after buying an additional 1,123 shares in the last quarter. Hedge funds and other institutional investors own 41.66% of the company’s stock.

Great Southern Bancorp Stock Down 1.3 %

Shares of Great Southern Bancorp stock opened at $63.23 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.16. Great Southern Bancorp, Inc. has a twelve month low of $48.19 and a twelve month high of $68.01. The company has a market cap of $738.21 million, a price-to-earnings ratio of 12.47 and a beta of 0.62. The company’s 50 day moving average is $59.01 and its 200 day moving average is $56.98.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a return on equity of 10.36% and a net margin of 17.21%. The firm had revenue of $90.79 million for the quarter, compared to analysts’ expectations of $54.75 million. During the same period in the prior year, the firm earned $1.33 EPS. Research analysts anticipate that Great Southern Bancorp, Inc. will post 5.3 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.53%. The ex-dividend date was Monday, September 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 31.37%.

Insider Transactions at Great Southern Bancorp

In other news, VP Mark A. Maples sold 2,074 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joseph W. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $66.63, for a total value of $399,780.00. Following the transaction, the chief executive officer now owns 137,382 shares in the company, valued at $9,153,762.66. This trade represents a 4.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,574 shares of company stock worth $1,070,117 in the last quarter. Company insiders own 27.60% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler decreased their target price on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, October 18th.

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.