EMC Capital Management Trims Position in Great Southern Bancorp, Inc. $GSBC

EMC Capital Management lowered its stake in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 31.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,064 shares of the financial services provider’s stock after selling 1,420 shares during the period. EMC Capital Management’s holdings in Great Southern Bancorp were worth $180,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in Great Southern Bancorp by 150.4% during the 2nd quarter. CWM LLC now owns 859 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 516 shares during the period. Rafferty Asset Management LLC raised its stake in shares of Great Southern Bancorp by 24.6% during the first quarter. Rafferty Asset Management LLC now owns 4,987 shares of the financial services provider’s stock worth $276,000 after purchasing an additional 984 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Great Southern Bancorp by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,138 shares of the financial services provider’s stock worth $284,000 after purchasing an additional 234 shares during the last quarter. AlphaQuest LLC lifted its holdings in shares of Great Southern Bancorp by 179.1% during the second quarter. AlphaQuest LLC now owns 7,052 shares of the financial services provider’s stock worth $415,000 after purchasing an additional 4,525 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Great Southern Bancorp in the 1st quarter valued at $457,000. Institutional investors and hedge funds own 41.66% of the company’s stock.

Great Southern Bancorp Price Performance

Shares of NASDAQ GSBC opened at $56.77 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a one year low of $47.57 and a one year high of $66.98. The firm has a market capitalization of $635.20 million, a P/E ratio of 9.43 and a beta of 0.59. The company’s fifty day moving average is $59.59 and its two-hundred day moving average is $59.21.

Great Southern Bancorp (NASDAQ:GSBC) last announced its quarterly earnings data on Thursday, October 16th. The financial services provider reported $1.56 EPS for the quarter, beating the consensus estimate of $1.55 by $0.01. The firm had revenue of $58.21 million during the quarter, compared to analysts’ expectations of $56.72 million. Great Southern Bancorp had a net margin of 19.80% and a return on equity of 11.38%. Analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 14th. Stockholders of record on Monday, September 29th were paid a dividend of $0.43 per share. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, September 29th. This represents a $1.72 annualized dividend and a dividend yield of 3.0%. Great Southern Bancorp’s dividend payout ratio is presently 28.57%.

Wall Street Analyst Weigh In

A number of brokerages have commented on GSBC. Zacks Research downgraded shares of Great Southern Bancorp from a “hold” rating to a “strong sell” rating in a research report on Monday, October 20th. Keefe, Bruyette & Woods dropped their price target on shares of Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating on the stock in a research note on Friday, October 17th. Finally, Weiss Ratings upgraded shares of Great Southern Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, November 13th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Great Southern Bancorp currently has an average rating of “Hold” and an average target price of $59.50.

Insider Buying and Selling at Great Southern Bancorp

In related news, VP John M. Bugh sold 1,750 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $57.72, for a total value of $101,010.00. Following the completion of the transaction, the vice president directly owned 1,790 shares of the company’s stock, valued at $103,318.80. This trade represents a 49.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 27.93% of the stock is currently owned by corporate insiders.

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.