Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Sells $23,985.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Brett Dorton sold 450 shares of the business’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $53.30, for a total value of $23,985.00. Following the transaction, the executive vice president now owns 1,190 shares of the company’s stock, valued at $63,427. This trade represents a 27.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Southern Missouri Bancorp Trading Down 0.1 %

Shares of Southern Missouri Bancorp stock opened at $53.64 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The firm has a market cap of $604.90 million, a price-to-earnings ratio of 11.71 and a beta of 0.99. The business has a fifty day simple moving average of $57.14 and a 200-day simple moving average of $58.88. Southern Missouri Bancorp, Inc. has a fifty-two week low of $39.00 and a fifty-two week 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, beating the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. On average, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.72%. Southern Missouri Bancorp’s dividend payout ratio is currently 20.09%.

Institutional Trading of Southern Missouri Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its stake in Southern Missouri Bancorp by 4.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company’s stock valued at $22,820,000 after buying an additional 18,623 shares in the last quarter. Geode Capital Management LLC lifted its stake in Southern Missouri Bancorp by 1.0% during 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 in the last quarter. American Century Companies Inc. lifted its stake in Southern Missouri Bancorp by 17.7% during the fourth quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company’s stock valued at $11,939,000 after buying an additional 31,267 shares in the last quarter. State Street Corp lifted its stake in Southern Missouri Bancorp by 3.2% during 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 in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Southern Missouri Bancorp by 5.3% during the fourth quarter. Franklin Resources Inc. now owns 109,664 shares of the savings and loans company’s stock valued at $6,291,000 after buying an additional 5,489 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on SMBC. Stephens reiterated an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods cut their price objective on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a report on Thursday, January 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.