Connor Clark & Lunn Investment Management Ltd. Has $531,000 Stock Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Connor Clark & Lunn Investment Management Ltd. grew its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 38.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,254 shares of the savings and loans company’s stock after acquiring an additional 2,547 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.08% of Southern Missouri Bancorp worth $531,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AlphaQuest LLC bought a new position in Southern Missouri Bancorp in the fourth quarter valued at approximately $273,000. Proficio Capital Partners LLC acquired a new stake in shares of Southern Missouri Bancorp in the 4th quarter valued at approximately $783,000. Charles Schwab Investment Management Inc. grew its stake in shares of Southern Missouri Bancorp by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 91,520 shares of the savings and loans company’s stock valued at $5,251,000 after buying an additional 1,563 shares in the last quarter. Los Angeles Capital Management LLC raised its position in Southern Missouri Bancorp by 6.2% during the fourth quarter. Los Angeles Capital Management LLC now owns 13,350 shares of the savings and loans company’s stock worth $766,000 after acquiring an additional 780 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Southern Missouri Bancorp by 2.0% during the fourth quarter. Bank of New York Mellon Corp now owns 45,918 shares of the savings and loans company’s stock worth $2,634,000 after acquiring an additional 915 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Insider Buying and Selling at Southern Missouri Bancorp

In other news, Director Douglas Bagby sold 7,000 shares of Southern Missouri Bancorp stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the sale, the director now owns 21,000 shares of the company’s stock, valued at approximately $1,240,680. This trade represents a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 16.60% of the company’s stock.

Southern Missouri Bancorp Price Performance

NASDAQ:SMBC opened at $52.97 on Friday. The company has a market cap of $633.47 million, a P/E ratio of 11.57 and a beta of 0.99. The firm’s fifty day moving average price is $57.04 and its two-hundred day moving average price is $58.76. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, beating 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 expect that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.23 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.92 annualized dividend and a yield of 1.74%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.

Analyst Ratings Changes

SMBC has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lowered their price objective on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a research note on Thursday, January 30th. Stephens reissued an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th.

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.