Barclays PLC Raises Stock Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Barclays PLC raised its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 90.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,273 shares of the savings and loans company’s stock after acquiring an additional 11,996 shares during the quarter. Barclays PLC owned approximately 0.22% of Southern Missouri Bancorp worth $1,427,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SMBC. SG Americas Securities LLC bought a new stake in Southern Missouri Bancorp during the 3rd quarter valued at approximately $233,000. XTX Topco Ltd purchased a new stake in Southern Missouri Bancorp during the 2nd quarter valued at approximately $210,000. BNP Paribas Financial Markets raised its position in shares of Southern Missouri Bancorp by 139.5% during 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 buying an additional 2,722 shares during the last quarter. Zacks Investment Management purchased a new position in shares of Southern Missouri Bancorp in the third quarter worth $273,000. Finally, Triune Financial Partners LLC bought a new position in shares of Southern Missouri Bancorp during the third quarter worth $328,000. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Southern Missouri Bancorp Price Performance

Southern Missouri Bancorp stock opened at $57.80 on Friday. Southern Missouri Bancorp, Inc. has a 52-week low of $39.00 and a 52-week high of $68.69. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average is $62.78 and its 200 day moving average is $55.49. The company has a market cap of $651.81 million, a price-to-earnings ratio of 13.29 and a beta of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.01). The business had revenue of $74.55 million for the quarter, compared to analysts’ expectations of $42.48 million. Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. Sell-side analysts forecast 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 issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date was Friday, November 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 21.15%.

Insider Transactions at Southern Missouri Bancorp

In other news, Director William E. Young sold 3,000 shares of the firm’s stock in a transaction dated 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 sale, the director now owns 48,649 shares in the company, valued at approximately $2,914,075.10. This trade represents a 5.81 % decrease in their position. 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.

Analyst Upgrades and Downgrades

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