Proficio Capital Partners LLC Buys New Shares in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Proficio Capital Partners LLC acquired a new position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 13,654 shares of the savings and loans company’s stock, valued at approximately $783,000. Proficio Capital Partners LLC owned 0.12% of Southern Missouri Bancorp as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Los Angeles Capital Management LLC boosted its stake in shares of Southern Missouri Bancorp by 6.2% in the fourth quarter. Los Angeles Capital Management LLC now owns 13,350 shares of the savings and loans company’s stock valued at $766,000 after purchasing an additional 780 shares during the period. Bank of New York Mellon Corp raised its holdings in Southern Missouri Bancorp by 2.0% in the fourth quarter. Bank of New York Mellon Corp now owns 45,918 shares of the savings and loans company’s stock valued at $2,634,000 after acquiring an additional 915 shares in the last quarter. Forvis Mazars Wealth Advisors LLC raised its holdings in Southern Missouri Bancorp by 1.0% in the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 19,909 shares of the savings and loans company’s stock valued at $1,142,000 after acquiring an additional 200 shares in the last quarter. Empowered Funds LLC raised its holdings in Southern Missouri Bancorp by 4.7% in the fourth quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company’s stock valued at $1,196,000 after acquiring an additional 945 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Southern Missouri Bancorp by 21.6% in the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock valued at $288,000 after acquiring an additional 894 shares in the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SMBC shares. Keefe, Bruyette & Woods cut their price target on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a report on Thursday, January 30th. Stephens reaffirmed an “overweight” rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

Southern Missouri Bancorp Stock Down 0.3 %

Shares of NASDAQ:SMBC opened at $54.97 on Friday. The stock has a market capitalization of $619.90 million, a price-to-earnings ratio of 12.00 and a beta of 0.99. Southern Missouri Bancorp, Inc. has a 1-year low of $39.00 and a 1-year high of $68.69. The company’s fifty day moving average is $57.60 and its two-hundred day moving average is $59.00. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. Equities analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.23 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.67%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.

Insider Buying and Selling

In related news, Director Douglas Bagby sold 7,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $59.08, for a total value of $413,560.00. Following the sale, the director now owns 21,000 shares of the company’s stock, valued at $1,240,680. This trade represents a 25.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 16.60% of the company’s stock.

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.