Barclays PLC Buys 11,996 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Barclays PLC lifted its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 90.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,273 shares of the savings and loans company’s stock after buying an additional 11,996 shares during the period. Barclays PLC owned approximately 0.22% of Southern Missouri Bancorp worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Southern Missouri Bancorp by 4.8% in the second quarter. Dimensional Fund Advisors LP now owns 354,318 shares of the savings and loans company’s stock valued at $15,947,000 after buying an additional 16,085 shares during the period. Raffles Associates LP boosted its stake in shares of Southern Missouri Bancorp by 1.3% in the second quarter. Raffles Associates LP now owns 242,292 shares of the savings and loans company’s stock valued at $10,906,000 after buying an additional 3,000 shares during the period. Geode Capital Management LLC boosted its stake in shares of Southern Missouri Bancorp by 1.0% in the third quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company’s stock valued at $12,304,000 after buying an additional 2,113 shares during the period. State Street Corp boosted its stake in shares of Southern Missouri Bancorp by 3.2% in the third quarter. State Street Corp now owns 198,201 shares of the savings and loans company’s stock valued at $11,196,000 after buying an additional 6,135 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Southern Missouri Bancorp by 23.2% in the second quarter. American Century Companies Inc. now owns 145,412 shares of the savings and loans company’s stock valued at $6,545,000 after buying an additional 27,388 shares during the period. 49.49% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp Stock Down 5.3 %

Shares of SMBC opened at $52.54 on Monday. Southern Missouri Bancorp, Inc. has a 52 week low of $39.00 and a 52 week high of $68.69. The stock has a market capitalization of $592.49 million, a price-to-earnings ratio of 12.08 and a beta of 0.99. 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 stock has a fifty day moving average of $62.19 and a 200-day moving average of $56.63.

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

Southern Missouri Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend was Friday, November 15th. Southern Missouri Bancorp’s payout ratio is 21.15%.

Insider Activity

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction dated Thursday, October 31st. The stock was 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 directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. 16.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have weighed in on SMBC. Piper Sandler upped their target price on Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Stephens upped their target price on Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th.

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.