Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director William E. Young Sells 3,000 Shares

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director William E. Young sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $59.90, for a total transaction of $179,700.00. Following the transaction, the director now directly owns 48,649 shares in the company, valued at approximately $2,914,075.10. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Southern Missouri Bancorp Trading Down 1.0 %

Shares of Southern Missouri Bancorp stock opened at $58.68 on Friday. Southern Missouri Bancorp, Inc. has a 1 year low of $39.00 and a 1 year high of $62.03. The company’s fifty day simple moving average is $56.83 and its 200-day simple moving average is $49.25. The company has a market cap of $661.91 million, a price-to-earnings ratio of 13.49 and a beta of 0.95. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.26.

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 analysts’ consensus estimates of $1.11 by ($0.01). Southern Missouri Bancorp had a return on equity of 10.32% and a net margin of 17.44%. The company had revenue of $74.55 million for the quarter, compared to the consensus estimate of $42.48 million. As a group, sell-side analysts expect that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Friday, November 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 21.15%.

Hedge Funds Weigh In On Southern Missouri Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of SMBC. FORVIS Wealth Advisors LLC bought a new position in Southern Missouri Bancorp during the first quarter worth $861,000. BNP Paribas Financial Markets boosted its stake in Southern Missouri Bancorp by 86.8% during the first quarter. BNP Paribas Financial Markets now owns 4,747 shares of the savings and loans company’s stock worth $207,000 after buying an additional 2,206 shares in the last quarter. ACR Alpine Capital Research LLC boosted its stake in Southern Missouri Bancorp by 36.1% during the first quarter. ACR Alpine Capital Research LLC now owns 48,735 shares of the savings and loans company’s stock worth $2,130,000 after buying an additional 12,925 shares in the last quarter. Empowered Funds LLC boosted its stake in Southern Missouri Bancorp by 7.4% during the first quarter. Empowered Funds LLC now owns 17,701 shares of the savings and loans company’s stock worth $774,000 after buying an additional 1,225 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in 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 worth $25,300,000 after buying an additional 3,821 shares in the last quarter. Institutional investors own 49.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on SMBC shares. Stephens lifted their price target on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday. 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 research report on Wednesday.

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.