IndexIQ Advisors LLC Decreases Stake in Great Southern Bancorp, Inc. (GSBC)

IndexIQ Advisors LLC decreased its position in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 28.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,962 shares of the financial services provider’s stock after selling 12,113 shares during the quarter. IndexIQ Advisors LLC’s holdings in Great Southern Bancorp were worth $1,555,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GSBC. Great West Life Assurance Co. Can boosted its holdings in shares of Great Southern Bancorp by 1,175.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 1,122 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 1,034 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Great Southern Bancorp by 738.1% in the 1st quarter. Nisa Investment Advisors LLC now owns 1,760 shares of the financial services provider’s stock valued at $91,000 after acquiring an additional 1,550 shares during the last quarter. FMR LLC lifted its stake in shares of Great Southern Bancorp by 22.5% in the 4th quarter. FMR LLC now owns 2,397 shares of the financial services provider’s stock valued at $110,000 after acquiring an additional 440 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of Great Southern Bancorp by 235.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,313 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 1,624 shares during the last quarter. Finally, Ramsey Quantitative Systems lifted its stake in shares of Great Southern Bancorp by 25.2% in the 4th quarter. Ramsey Quantitative Systems now owns 2,762 shares of the financial services provider’s stock valued at $127,000 after acquiring an additional 556 shares during the last quarter. 43.65% of the stock is currently owned by institutional investors.

Shares of NASDAQ:GSBC opened at $56.35 on Monday. The firm has a market cap of $799.94 million, a P/E ratio of 11.96 and a beta of 1.07. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 1.03. Great Southern Bancorp, Inc. has a 12-month low of $43.30 and a 12-month high of $61.65.

In related news, VP Linton J. Thomason sold 2,500 shares of the firm’s stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $56.31, for a total transaction of $140,775.00. Following the completion of the transaction, the vice president now directly owns 9,860 shares of the company’s stock, valued at approximately $555,216.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Rex A. Copeland sold 4,200 shares of the stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $55.66, for a total value of $233,772.00. Following the sale, the insider now owns 27,518 shares of the company’s stock, valued at $1,531,651.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 19,930 shares of company stock valued at $1,134,588. 23.23% of the stock is owned by corporate insiders.

A number of research analysts have recently commented on the company. BidaskClub upgraded Great Southern Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Zacks Investment Research raised Great Southern Bancorp from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a research report on Wednesday, April 24th.

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About Great Southern Bancorp

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 deposit, brokered certificates, and individual retirement accounts.

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Institutional Ownership by Quarter for Great Southern Bancorp (NASDAQ:GSBC)

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