Quantbot Technologies LP Purchases Shares of 1,288 Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Quantbot Technologies LP acquired a new position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,288 shares of the savings and loans company’s stock, valued at approximately $74,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new stake in Southern Missouri Bancorp in the 3rd quarter valued at $600,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Southern Missouri Bancorp by 147.9% during the third 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. BNP Paribas Financial Markets boosted its position in shares of 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 valued at $264,000 after acquiring an additional 2,722 shares during the period. Martingale Asset Management L P grew its stake in shares of Southern Missouri Bancorp by 126.9% in the third quarter. Martingale Asset Management L P now owns 20,330 shares of the savings and loans company’s stock valued at $1,148,000 after acquiring an additional 11,370 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Southern Missouri Bancorp during the third quarter worth about $3,690,000. Institutional investors and hedge funds own 49.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SMBC. Keefe, Bruyette & Woods decreased their target price on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a research report 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.

Southern Missouri Bancorp Trading Down 0.1 %

SMBC opened at $52.02 on Tuesday. The stock has a market capitalization of $622.11 million, a price-to-earnings ratio of 11.36 and a beta of 0.99. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. Southern Missouri Bancorp, Inc. has a twelve month low of $39.00 and a twelve month high of $68.69. The company has a 50-day simple moving average of $56.76 and a 200 day simple moving average of $58.71.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly 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%. Analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio is presently 20.09%.

Insider Buying and Selling at Southern Missouri Bancorp

In other 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 completion of the transaction, the director now owns 21,000 shares of the company’s stock, valued at approximately $1,240,680. This represents a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.