Northern Trust Corp increased its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,595 shares of the savings and loans company's stock after purchasing an additional 4,722 shares during the period. Northern Trust Corp owned about 0.87% of Southern Missouri Bancorp worth $5,656,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in Southern Missouri Bancorp by 249.1% in the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company's stock valued at $1,417,000 after acquiring an additional 17,895 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in Southern Missouri Bancorp by 38.0% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,254 shares of the savings and loans company's stock valued at $531,000 after acquiring an additional 2,547 shares during the period. Proficio Capital Partners LLC bought a new stake in Southern Missouri Bancorp in the fourth quarter valued at $783,000. Empowered Funds LLC grew its position in Southern Missouri Bancorp by 4.7% in the fourth quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company's stock valued at $1,196,000 after acquiring an additional 945 shares during the period. Finally, SG Americas Securities LLC grew its position in Southern Missouri Bancorp by 21.6% in the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company's stock valued at $288,000 after acquiring an additional 894 shares during the period. 49.49% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Southern Missouri Bancorp
In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $53.23, for a total value of $159,690.00. Following the completion of the sale, the director now directly owns 42,649 shares in the company, valued at $2,270,206.27. This represents a 6.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 16.60% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on SMBC. Stephens reiterated an "overweight" rating and issued a $65.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd. Keefe, Bruyette & Woods reduced their price objective on Southern Missouri Bancorp from $70.00 to $68.00 and set a "market perform" rating on the stock in a research note on Thursday, January 30th.
Check Out Our Latest Stock Analysis on Southern Missouri Bancorp
Southern Missouri Bancorp Trading Down 0.9%
NASDAQ:SMBC traded down $0.47 during mid-day trading on Friday, hitting $52.54. The company had a trading volume of 21,379 shares, compared to its average volume of 31,968. Southern Missouri Bancorp, Inc. has a fifty-two week low of $39.90 and a fifty-two week high of $68.69. The business's fifty day moving average is $51.90 and its two-hundred day moving average is $57.13. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $593.70 million, a P/E ratio of 11.47 and a beta of 1.00.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last released its earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.08. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. The firm had revenue of $46.15 million for the quarter, compared to analyst estimates of $45.33 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 Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.75%. The ex-dividend date is Thursday, May 15th. Southern Missouri Bancorp's payout ratio is 18.47%.
About Southern Missouri Bancorp
(
Free Report)
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.
Recommended Stories
Before you consider Southern Missouri Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southern Missouri Bancorp wasn't on the list.
While Southern Missouri Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
