Smith Moore & CO. Sells 501 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Smith Moore & CO. reduced its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 12.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,617 shares of the savings and loans company’s stock after selling 501 shares during the period. Smith Moore & CO.’s holdings in Southern Missouri Bancorp were worth $208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Forvis Mazars Wealth Advisors LLC raised its position in shares of Southern Missouri Bancorp by 1.0% in the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 19,909 shares of the savings and loans company’s stock worth $1,142,000 after buying an additional 200 shares in the last quarter. Los Angeles Capital Management LLC increased its stake in Southern Missouri Bancorp by 6.2% in the 4th quarter. Los Angeles Capital Management LLC now owns 13,350 shares of the savings and loans company’s stock worth $766,000 after acquiring an additional 780 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Southern Missouri Bancorp by 11.8% in the 3rd quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company’s stock valued at $476,000 after acquiring an additional 889 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Southern Missouri Bancorp by 21.6% during the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock valued at $288,000 after acquiring an additional 894 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Southern Missouri Bancorp by 2.0% in the fourth quarter. Bank of New York Mellon Corp now owns 45,918 shares of the savings and loans company’s stock worth $2,634,000 after purchasing an additional 915 shares during the last quarter. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Stock Performance

NASDAQ:SMBC opened at $47.44 on Monday. The company has a market capitalization of $567.33 million, a price-to-earnings ratio of 10.36 and a beta of 0.88. The business has a 50 day moving average of $56.21 and a 200 day moving average of $58.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97. Southern Missouri Bancorp, Inc. has a 1-year low of $39.00 and a 1-year high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. On average, sell-side analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.94%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 20.09%.

Insider Transactions at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $59.08, for a total transaction of $413,560.00. Following the transaction, the director now directly owns 21,000 shares in the company, valued at $1,240,680. This trade represents a 25.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 16.60% of the company’s stock.

Analyst Upgrades and Downgrades

SMBC has been the subject of several research analyst reports. Keefe, Bruyette & Woods dropped their target price on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a research report on Thursday, January 30th. Stephens reaffirmed an “overweight” rating and set a $76.00 price objective on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

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.