Douglas Bagby Sells 7,000 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the sale, the director now owns 21,000 shares of the company’s stock, valued at $1,240,680. The trade was a 25.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Southern Missouri Bancorp Stock Up 0.8 %

Southern Missouri Bancorp stock traded up $0.45 during mid-day trading on Friday, reaching $59.18. The company’s stock had a trading volume of 55,615 shares, compared to its average volume of 38,663. The business’s 50 day simple moving average is $59.97 and its 200 day simple moving average is $57.65. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. Southern Missouri Bancorp, Inc. has a 12 month low of $39.00 and a 12 month high of $68.69. The company has a market capitalization of $667.55 million, a price-to-earnings ratio of 12.92 and a beta of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.56% and a net margin of 17.72%. As a group, research analysts anticipate that Southern Missouri Bancorp, Inc. will post 4.75 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.23 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.55%. Southern Missouri Bancorp’s dividend payout ratio is 20.09%.

Analyst Ratings Changes

Several research analysts have recently issued reports on SMBC shares. Stephens reaffirmed an “overweight” rating and issued a $76.00 target price on shares of Southern Missouri Bancorp in a research note on Tuesday. Keefe, Bruyette & Woods reduced their price objective on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a research note on Thursday. Finally, 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 note on Wednesday, October 30th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC boosted its stake in shares of Southern Missouri Bancorp by 4.7% during the 4th quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company’s stock worth $1,196,000 after acquiring an additional 945 shares during the period. SG Americas Securities LLC boosted its stake 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 worth $288,000 after acquiring an additional 894 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of 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 worth $1,417,000 after acquiring an additional 17,895 shares during the period. Franklin Resources Inc. boosted its stake in Southern Missouri Bancorp by 48.2% in the 3rd quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company’s stock valued at $6,105,000 after purchasing an additional 33,902 shares during the period. Finally, Barclays PLC boosted its stake in 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 valued at $1,427,000 after purchasing an additional 11,996 shares during the period. 49.49% of the stock is currently owned by institutional investors.

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.