Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Bought by State Street Corp

State Street Corp grew its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 3.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,201 shares of the savings and loans company’s stock after purchasing an additional 6,135 shares during the period. State Street Corp owned about 1.76% of Southern Missouri Bancorp worth $11,196,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SMBC. XTX Topco Ltd purchased a new position in shares of Southern Missouri Bancorp in the 2nd quarter valued at about $210,000. SG Americas Securities LLC acquired a new stake in Southern Missouri Bancorp in the third quarter valued at approximately $233,000. BNP Paribas Financial Markets lifted its stake in Southern Missouri Bancorp by 139.5% in the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock worth $264,000 after acquiring an additional 2,722 shares during the last quarter. Triune Financial Partners LLC acquired a new position in Southern Missouri Bancorp during the 3rd quarter worth approximately $328,000. Finally, Creative Planning increased its position in shares of Southern Missouri Bancorp by 20.9% in the 3rd quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock valued at $373,000 after purchasing an additional 1,142 shares during the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Southern Missouri Bancorp Trading Up 0.5 %

Shares of SMBC stock opened at $58.69 on Thursday. Southern Missouri Bancorp, Inc. has a 1-year low of $39.00 and a 1-year high of $68.69. The firm’s 50-day simple moving average is $62.88 and its 200-day simple moving average is $55.24. The firm has a market cap of $661.85 million, a P/E ratio of 13.49 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98.

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

Southern Missouri Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Friday, November 15th. Southern Missouri Bancorp’s payout ratio is 21.15%.

Insider Activity

In other news, Director William E. Young sold 3,000 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was 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 represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 16.60% of the company’s stock.

Analyst Upgrades and Downgrades

SMBC has been the topic of several recent analyst reports. Stephens increased their price target on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Piper Sandler increased their target price on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th.

Southern Missouri Bancorp Profile

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.