Bank of New York Mellon Corp Has $3.11 Million Holdings in Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Bank of New York Mellon Corp increased its stake in Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 2.8% in the second quarter, Holdings Channel.com reports. The firm owned 55,885 shares of the financial services provider’s stock after purchasing an additional 1,504 shares during the quarter. Bank of New York Mellon Corp’s holdings in Great Southern Bancorp were worth $3,108,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Great Southern Bancorp by 11.5% during the 1st quarter. Vanguard Group Inc. now owns 564,032 shares of the financial services provider’s stock worth $30,920,000 after buying an additional 58,041 shares in the last quarter. Commerce Bank raised its holdings in shares of Great Southern Bancorp by 5.1% in the 4th quarter. Commerce Bank now owns 8,230 shares of the financial services provider’s stock valued at $488,000 after purchasing an additional 400 shares during the period. Comerica Bank bought a new stake in shares of Great Southern Bancorp in the 1st quarter valued at about $173,000. SG Americas Securities LLC bought a new stake in shares of Great Southern Bancorp in the 2nd quarter valued at about $159,000. Finally, EntryPoint Capital LLC raised its holdings in shares of Great Southern Bancorp by 130.5% in the 1st quarter. EntryPoint Capital LLC now owns 959 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 543 shares during the period. 41.66% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Great Southern Bancorp

In other Great Southern Bancorp news, Director William V. Turner sold 4,420 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $56.14, for a total transaction of $248,138.80. Following the transaction, the director now owns 210,112 shares in the company, valued at approximately $11,795,687.68. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Great Southern Bancorp news, Director William V. Turner sold 6,000 shares of the stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $63.19, for a total transaction of $379,140.00. Following the transaction, the director now owns 214,532 shares in the company, valued at approximately $13,556,277.08. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William V. Turner sold 4,420 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $56.14, for a total transaction of $248,138.80. Following the transaction, the director now owns 210,112 shares in the company, valued at approximately $11,795,687.68. The disclosure for this sale can be found here. Insiders have sold a total of 15,670 shares of company stock valued at $958,706 in the last three months. 27.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their target price on shares of Great Southern Bancorp from $53.00 to $64.00 and gave the company a “neutral” rating in a report on Thursday, July 18th.

Great Southern Bancorp Stock Up 2.7 %

Shares of GSBC stock opened at $57.50 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 0.92. The firm’s 50-day moving average is $58.46 and its 200-day moving average is $54.57. The stock has a market cap of $671.60 million, a price-to-earnings ratio of 11.30 and a beta of 0.62. Great Southern Bancorp, Inc. has a 52-week low of $45.66 and a 52-week high of $65.90.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.25. The firm had revenue of $90.76 million for the quarter, compared to analysts’ expectations of $53.75 million. Great Southern Bancorp had a net margin of 17.42% and a return on equity of 10.62%. During the same period in the prior year, the firm earned $1.52 EPS. Sell-side analysts predict that Great Southern Bancorp, Inc. will post 5.09 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 16th. Shareholders of record on Monday, July 1st were issued a $0.40 dividend. The ex-dividend date was Monday, July 1st. This represents a $1.60 annualized dividend and a yield of 2.78%. Great Southern Bancorp’s dividend payout ratio is currently 31.43%.

Great Southern Bancorp 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.