GSA Capital Partners LLP acquired a new position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 18,879 shares of the savings and loans company's stock, valued at approximately $1,439,000. GSA Capital Partners LLP owned about 0.17% of Southern Missouri Bancorp as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of Southern Missouri Bancorp by 122.9% in the first quarter. AQR Capital Management LLC now owns 9,623 shares of the savings and loans company's stock valued at $501,000 after acquiring an additional 5,306 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Southern Missouri Bancorp by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company's stock worth $296,000 after purchasing an additional 234 shares in the last quarter. Empowered Funds LLC lifted its position in Southern Missouri Bancorp by 8.2% in the first quarter. Empowered Funds LLC now owns 22,546 shares of the savings and loans company's stock valued at $1,173,000 after purchasing an additional 1,702 shares during the period. Jane Street Group LLC acquired a new stake in Southern Missouri Bancorp in the first quarter valued at about $740,000. Finally, Strs Ohio purchased a new stake in Southern Missouri Bancorp in the 1st quarter valued at approximately $94,000. Institutional investors and hedge funds own 49.49% of the company's stock.
Insider Transactions at Southern Missouri Bancorp
In related news, EVP Richard Windes sold 2,000 shares of Southern Missouri Bancorp stock in a transaction on Friday, June 5th. The stock was sold at an average price of $69.70, for a total transaction of $139,400.00. Following the completion of the transaction, the executive vice president directly owned 5,375 shares of the company's stock, valued at approximately $374,637.50. The trade was a 27.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 15.81% of the company's stock.
Analyst Upgrades and Downgrades
SMBC has been the topic of several recent analyst reports. Wall Street Zen upgraded Southern Missouri Bancorp from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Keefe, Bruyette & Woods raised their price target on Southern Missouri Bancorp from $75.00 to $83.00 and gave the company a "market perform" rating in a report on Thursday, July 30th. Piper Sandler restated a "neutral" rating and issued a $83.00 price target (up from $79.00) on shares of Southern Missouri Bancorp in a research note on Monday, July 27th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Southern Missouri Bancorp in a report on Thursday, June 4th. Finally, Stephens cut Southern Missouri Bancorp from an "overweight" rating to an "equal weight" rating and set a $85.00 price objective for the company. in a research report on Thursday, August 6th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $83.67.
Get Our Latest Report on Southern Missouri Bancorp
Southern Missouri Bancorp Stock Performance
Shares of SMBC opened at $76.76 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. The firm's 50-day moving average is $75.52 and its two-hundred day moving average is $69.00. Southern Missouri Bancorp, Inc. has a twelve month low of $47.60 and a twelve month high of $79.86. The firm has a market capitalization of $845.90 million, a P/E ratio of 11.94 and a beta of 0.86.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.31. The company had revenue of $51.77 million during the quarter, compared to the consensus estimate of $51.14 million. Southern Missouri Bancorp had a net margin of 22.63% and a return on equity of 12.72%. On average, research analysts predict that Southern Missouri Bancorp, Inc. will post 6.9 earnings per share for the current fiscal year.
Southern Missouri Bancorp Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. This is an increase from Southern Missouri Bancorp's previous quarterly dividend of $0.25. Southern Missouri Bancorp's dividend payout ratio (DPR) is 16.80%.
Southern Missouri Bancorp Profile
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Free Report)
Southern Missouri Bancorp, Inc NASDAQ: SMBC is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.
Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.
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