Jane Street Group LLC Has $476,000 Stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Jane Street Group LLC boosted its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 11.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,420 shares of the savings and loans company’s stock after buying an additional 889 shares during the period. Jane Street Group LLC owned about 0.07% of Southern Missouri Bancorp worth $476,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SMBC. Hotchkis & Wiley Capital Management LLC bought a new position in Southern Missouri Bancorp during the third quarter worth about $3,690,000. Charles Schwab Investment Management Inc. raised its holdings in shares of 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 worth $5,082,000 after buying an additional 53,670 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Southern Missouri Bancorp by 23.2% during the 2nd quarter. American Century Companies Inc. now owns 145,412 shares of the savings and loans company’s stock worth $6,545,000 after buying an additional 27,388 shares during the period. Assenagon Asset Management S.A. boosted its stake 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. Finally, Dimensional Fund Advisors LP grew its position in Southern Missouri Bancorp by 4.8% in the second quarter. Dimensional Fund Advisors LP now owns 354,318 shares of the savings and loans company’s stock valued at $15,947,000 after acquiring an additional 16,085 shares during the period. Institutional investors own 49.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SMBC. Piper Sandler lifted their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Stephens lifted their price target 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.

Insider Activity

In related news, Director William E. Young sold 3,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now owns 48,649 shares in the company, valued at $2,914,075.10. The trade was a 5.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 16.60% of the stock is owned by insiders.

Southern Missouri Bancorp Trading Down 0.1 %

Shares of SMBC opened at $56.46 on Tuesday. 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 $636.70 million, a price-to-earnings ratio of 12.98 and a beta of 0.99. The stock has a fifty day moving average price of $62.59 and a two-hundred day moving average price of $56.26. Southern Missouri Bancorp, Inc. has a 52-week low of $39.00 and a 52-week high of $68.69.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. The business had revenue of $74.55 million during the quarter, compared to the consensus estimate of $42.48 million. Analysts predict that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.63%. Southern Missouri Bancorp’s payout ratio is 21.15%.

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.