Southern Missouri Bancorp, Inc. $SMBC Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 48.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,310 shares of the savings and loans company’s stock after selling 25,683 shares during the period. Epoch Investment Partners Inc. owned about 0.23% of Southern Missouri Bancorp worth $1,421,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Southern Missouri Bancorp by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,447 shares of the savings and loans company’s stock worth $312,000 after acquiring an additional 228 shares during the last quarter. MetLife Investment Management LLC grew its holdings in shares of Southern Missouri Bancorp by 7.5% during the 4th quarter. MetLife Investment Management LLC now owns 5,577 shares of the savings and loans company’s stock worth $320,000 after purchasing an additional 391 shares during the period. Bridgeway Capital Management LLC grew its holdings in shares of Southern Missouri Bancorp by 3.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 31,844 shares of the savings and loans company’s stock worth $1,827,000 after purchasing an additional 945 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Southern Missouri Bancorp by 10.5% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 10,226 shares of the savings and loans company’s stock valued at $532,000 after buying an additional 972 shares during the period. Finally, ACR Alpine Capital Research LLC raised its holdings in shares of Southern Missouri Bancorp by 2.2% in the 1st quarter. ACR Alpine Capital Research LLC now owns 48,543 shares of the savings and loans company’s stock valued at $2,525,000 after buying an additional 1,067 shares during the period. 49.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upped their price target on Southern Missouri Bancorp from $60.00 to $63.00 and gave the stock a “market perform” rating in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Southern Missouri Bancorp has an average rating of “Moderate Buy” and a consensus price target of $64.67.

Insider Activity

In other news, Director William E. Young sold 10,000 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $56.30, for a total transaction of $563,000.00. Following the completion of the transaction, the director directly owned 94,987 shares of the company’s stock, valued at approximately $5,347,768.10. This represents a 9.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 16.60% of the company’s stock.

Southern Missouri Bancorp Stock Up 0.1%

Southern Missouri Bancorp stock opened at $57.78 on Thursday. Southern Missouri Bancorp, Inc. has a twelve month low of $45.10 and a twelve month high of $68.69. The stock has a 50 day moving average of $55.32 and a two-hundred day moving average of $54.14. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $652.91 million, a price-to-earnings ratio of 11.15 and a beta of 1.03.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Wednesday, July 23rd. The savings and loans company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. Southern Missouri Bancorp had a return on equity of 11.35% and a net margin of 19.17%.The company had revenue of $47.61 million during the quarter, compared to analysts’ expectations of $46.60 million. As a group, research analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, August 15th. This is a positive change from Southern Missouri Bancorp’s previous quarterly dividend of $0.23. Southern Missouri Bancorp’s payout ratio is 19.31%.

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.