Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by Fmr LLC

Fmr LLC cut its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 7.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 788,859 shares of the savings and loans company’s stock after selling 65,804 shares during the period. Fmr LLC owned approximately 6.99% of Southern Missouri Bancorp worth $44,563,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bailard Inc. purchased a new stake in shares of Southern Missouri Bancorp during the second quarter valued at approximately $293,000. Assenagon Asset Management S.A. increased its stake in Southern Missouri Bancorp by 103.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 36,889 shares of the savings and loans company’s stock worth $2,084,000 after buying an additional 18,756 shares during the period. Bank of New York Mellon Corp boosted its position in Southern Missouri Bancorp by 6.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 52,423 shares of the savings and loans company’s stock valued at $2,360,000 after buying an additional 3,282 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Southern Missouri Bancorp by 0.7% during the first quarter. Vanguard Group Inc. now owns 578,818 shares of the savings and loans company’s stock valued at $25,300,000 after acquiring an additional 3,821 shares in the last quarter. Finally, GSA Capital Partners LLP increased its position in shares of Southern Missouri Bancorp by 94.9% during the third quarter. GSA Capital Partners LLP now owns 19,642 shares of the savings and loans company’s stock worth $1,110,000 after acquiring an additional 9,566 shares during the last quarter. 49.49% of the stock is owned by institutional investors and hedge funds.

Southern Missouri Bancorp Stock Up 0.3 %

NASDAQ:SMBC opened at $65.73 on Friday. 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 capitalization of $741.24 million, a price-to-earnings ratio of 15.11 and a beta of 0.97. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The stock has a 50-day simple moving average of $61.57 and a 200 day simple moving average of $53.44.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01). The firm had revenue of $74.55 million during the quarter, compared to analyst estimates of $42.48 million. Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. Sell-side analysts predict that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, November 15th. This represents a $0.92 annualized dividend and a yield of 1.40%. Southern Missouri Bancorp’s payout ratio is 21.15%.

Insiders Place Their Bets

In related news, Director William E. Young sold 3,000 shares of the business’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total transaction of $179,700.00. Following the completion of the sale, the director now owns 48,649 shares of the company’s stock, valued at $2,914,075.10. This represents a 5.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on SMBC. Piper Sandler increased their price target 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 raised their price target on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock 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.