First Trust Advisors LP cut its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 27.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,937 shares of the financial services provider’s stock after selling 5,581 shares during the quarter. First Trust Advisors LP owned about 0.11% of Great Southern Bancorp worth $688,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Prudential Financial Inc. lifted its stake in shares of Great Southern Bancorp by 1.6% in the 3rd quarter. Prudential Financial Inc. now owns 115,777 shares of the financial services provider’s stock valued at $6,409,000 after acquiring an additional 1,860 shares during the last quarter. Mutual of America Capital Management LLC increased its holdings in Great Southern Bancorp by 2.2% during the 3rd quarter. Mutual of America Capital Management LLC now owns 67,782 shares of the financial services provider’s stock valued at $3,752,000 after purchasing an additional 1,472 shares during the period. Bowling Portfolio Management LLC purchased a new position in Great Southern Bancorp during the 4th quarter valued at about $658,000. Citadel Advisors LLC increased its holdings in Great Southern Bancorp by 69.2% during the 3rd quarter. Citadel Advisors LLC now owns 7,352 shares of the financial services provider’s stock valued at $407,000 after purchasing an additional 3,007 shares during the period. Finally, Vanguard Group Inc increased its holdings in Great Southern Bancorp by 0.9% during the 3rd quarter. Vanguard Group Inc now owns 514,457 shares of the financial services provider’s stock valued at $28,476,000 after purchasing an additional 4,615 shares during the period. Institutional investors own 43.52% of the company’s stock.
GSBC has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Great Southern Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th. ValuEngine upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, BidaskClub upgraded Great Southern Bancorp from a “sell” rating to a “hold” rating in a report on Friday.
Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Tuesday, January 22nd. The financial services provider reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $51.78 million for the quarter, compared to analysts’ expectations of $50.10 million. Great Southern Bancorp had a return on equity of 13.97% and a net margin of 28.15%. On average, equities analysts anticipate that Great Southern Bancorp, Inc. will post 4.36 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 16th. Investors of record on Monday, April 1st were given a $0.32 dividend. The ex-dividend date was Friday, March 29th. This represents a $1.28 annualized dividend and a yield of 2.26%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 27.18%.
In related news, VP Linton J. Thomason sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $52.83, for a total value of $105,660.00. Following the transaction, the vice president now directly owns 9,360 shares of the company’s stock, valued at approximately $494,488.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Douglas W. Marrs sold 625 shares of the company’s stock in a transaction that occurred on Monday, January 28th. The shares were sold at an average price of $53.20, for a total value of $33,250.00. Following the completion of the transaction, the vice president now directly owns 1,625 shares in the company, valued at $86,450. The disclosure for this sale can be found here. Insiders sold a total of 9,988 shares of company stock worth $548,457 over the last ninety days. 23.23% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/04/21/first-trust-advisors-lp-sells-5581-shares-of-great-southern-bancorp-inc-gsbc.html.
Great Southern Bancorp Company Profile
Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that offers 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 deposits, brokered certificates, and individual retirement accounts.
Featured Story: What is a short straddle?
Receive News & Ratings for Great Southern Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Southern Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.