Bridgeway Capital Management LLC Raises Stock Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Bridgeway Capital Management LLC lifted its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 3.1% in the fourth quarter, Holdings Channel reports. The fund owned 31,844 shares of the savings and loans company’s stock after purchasing an additional 945 shares during the quarter. Bridgeway Capital Management LLC’s holdings in Southern Missouri Bancorp were worth $1,827,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of Southern Missouri Bancorp by 90.4% in the 3rd quarter. Barclays PLC now owns 25,273 shares of the savings and loans company’s stock worth $1,427,000 after purchasing an additional 11,996 shares during the period. Franklin Resources Inc. boosted its stake in shares of Southern Missouri Bancorp by 48.2% during the 3rd quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company’s stock worth $6,105,000 after purchasing an additional 33,902 shares during the period. JPMorgan Chase & Co. grew its holdings in Southern Missouri Bancorp by 249.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company’s stock valued at $1,417,000 after purchasing an additional 17,895 shares during the last quarter. SG Americas Securities LLC raised its position in Southern Missouri Bancorp by 21.6% in the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock worth $288,000 after purchasing an additional 894 shares during the period. Finally, Empowered Funds LLC lifted its stake in Southern Missouri Bancorp by 4.7% in the fourth quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company’s stock worth $1,196,000 after purchasing an additional 945 shares during the last quarter. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Insiders Place Their Bets

In other news, Director William E. Young sold 3,000 shares of the business’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $53.23, for a total value of $159,690.00. Following the completion of the transaction, the director now directly owns 42,649 shares of the company’s stock, valued at approximately $2,270,206.27. The trade was a 6.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 16.60% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on SMBC shares. Keefe, Bruyette & Woods reduced their price target on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a report on Thursday, January 30th. Stephens restated an “overweight” rating and issued a $65.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd.

Southern Missouri Bancorp Trading Down 0.1 %

SMBC opened at $53.28 on Friday. Southern Missouri Bancorp, Inc. has a 52 week low of $39.90 and a 52 week high of $68.69. The company has a market capitalization of $637.18 million, a P/E ratio of 11.63 and a beta of 1.00. The stock’s fifty day moving average is $51.77 and its two-hundred day moving average is $57.41. 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 (NASDAQ:SMBC) last released its quarterly earnings data on Monday, April 21st. The savings and loans company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.08. The company had revenue of $46.15 million during the quarter, compared to analyst estimates of $45.33 million. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. Analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Thursday, May 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 18.47%.

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.