Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 19.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,505 shares of the savings and loans company’s stock after selling 1,523 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.06% of Southern Missouri Bancorp worth $367,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of SMBC. Charles Schwab Investment Management Inc. grew its stake in Southern Missouri Bancorp by 147.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company’s stock valued at $5,082,000 after acquiring an additional 53,670 shares during the period. American Century Companies Inc. grew its position in shares of Southern Missouri Bancorp by 23.2% in the second quarter. American Century Companies Inc. now owns 145,412 shares of the savings and loans company’s stock valued at $6,545,000 after purchasing an additional 27,388 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Southern Missouri Bancorp by 103.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 36,889 shares of the savings and loans company’s stock valued at $2,084,000 after buying an additional 18,756 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Southern Missouri Bancorp by 4.8% during the second quarter. Dimensional Fund Advisors LP now owns 354,318 shares of the savings and loans company’s stock worth $15,947,000 after purchasing an additional 16,085 shares during the last quarter. Finally, ACR Alpine Capital Research LLC increased its holdings in shares of Southern Missouri Bancorp by 24.9% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 60,860 shares of the savings and loans company’s stock worth $2,739,000 after buying an additional 12,125 shares during the last quarter. 49.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SMBC shares. Stephens boosted their price objective on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Piper Sandler increased their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th.

Southern Missouri Bancorp Trading Up 0.5 %

SMBC opened at $58.53 on Friday. The business’s 50-day simple moving average is $62.95 and its 200-day simple moving average is $54.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $660.04 million, a P/E ratio of 13.46 and a beta of 0.97. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.01). The company had revenue of $74.55 million during the quarter, compared to analyst estimates of $42.48 million. Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. As a group, equities research analysts expect that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.57%. The ex-dividend date was Friday, November 15th. Southern Missouri Bancorp’s payout ratio is currently 21.15%.

Insiders Place Their Bets

In related news, Director William E. Young sold 3,000 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the completion of the sale, the director now owns 48,649 shares in the company, valued at $2,914,075.10. This trade represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 16.60% of the stock is currently owned by insiders.

About Southern Missouri Bancorp

Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.