Forvis Mazars Wealth Advisors LLC Sells 27,350 Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC)

Forvis Mazars Wealth Advisors LLC reduced its position in shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) by 17.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,990 shares of the financial services provider’s stock after selling 27,350 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Great Southern Bancorp were worth $7,820,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of Great Southern Bancorp by 0.9% in the third quarter. Geode Capital Management LLC now owns 203,810 shares of the financial services provider’s stock valued at $11,683,000 after purchasing an additional 1,891 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Great Southern Bancorp by 10.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 151,966 shares of the financial services provider’s stock valued at $9,072,000 after purchasing an additional 14,425 shares during the period. Charles Schwab Investment Management Inc. raised its position 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 valued at $4,072,000 after purchasing an additional 280 shares during the period. Hotchkis & Wiley Capital Management LLC raised its position in shares of Great Southern Bancorp by 1.0% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 62,160 shares of the financial services provider’s stock valued at $3,562,000 after purchasing an additional 600 shares during the period. Finally, FMR LLC raised its position in shares of Great Southern Bancorp by 30.8% in the third quarter. FMR LLC now owns 58,613 shares of the financial services provider’s stock valued at $3,359,000 after purchasing an additional 13,799 shares during the period. 41.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their price objective on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating on the stock in a research report on Thursday, January 23rd.

Great Southern Bancorp Trading Down 0.8 %

GSBC stock opened at $58.78 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93. The company’s 50-day simple moving average is $59.95 and its 200 day simple moving average is $59.51. Great Southern Bancorp, Inc. has a 52 week low of $49.72 and a 52 week high of $68.01. The company has a market capitalization of $686.26 million, a PE ratio of 11.17 and a beta of 0.65.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.27 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. As a group, sell-side analysts anticipate that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were paid a $0.40 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.72%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 30.42%.

Insider Activity at Great Southern Bancorp

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total transaction of $300,100.00. Following the sale, the vice president now directly owns 14 shares in the company, valued at $840.28. This represents a 99.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Mark A. Maples sold 2,600 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $63.42, for a total transaction of $164,892.00. The disclosure for this sale can be found here. 27.60% of the stock is currently owned by corporate insiders.

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.