Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Sells $413,560.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction that occurred on 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 directly owns 21,000 shares in the company, valued at approximately $1,240,680. This trade represents a 25.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Southern Missouri Bancorp Stock Up 0.8 %

SMBC stock opened at $59.18 on Friday. The stock has a market cap of $667.55 million, a P/E ratio of 12.92 and a beta of 0.99. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp, Inc. has a twelve month low of $39.00 and a twelve month high of $68.69. The company’s 50 day moving average is $59.83 and its two-hundred day moving average is $57.74.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.56%. Research analysts expect that Southern Missouri Bancorp, Inc. will post 4.75 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, February 14th. Southern Missouri Bancorp’s payout ratio is currently 20.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SMBC shares. Piper Sandler increased their price objective on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Stephens reissued an “overweight” rating and issued a $76.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday. Finally, Keefe, Bruyette & Woods decreased their price target on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a report on Thursday.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in Southern Missouri Bancorp in the third quarter valued at approximately $233,000. BNP Paribas Financial Markets increased its holdings in shares of Southern Missouri Bancorp by 139.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock valued at $264,000 after acquiring an additional 2,722 shares during the period. Zacks Investment Management acquired a new stake in Southern Missouri Bancorp during the 3rd quarter worth $273,000. Triune Financial Partners LLC acquired a new stake in Southern Missouri Bancorp during the 3rd quarter worth $328,000. Finally, Creative Planning grew its position in Southern Missouri Bancorp by 20.9% during the 3rd quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock worth $373,000 after purchasing an additional 1,142 shares during the last quarter. Hedge funds and other institutional investors own 49.49% of the company’s stock.

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.