Northern Trust Corp Purchases 4,722 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Northern Trust Corp increased its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent filing 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 approximately 0.87% of Southern Missouri Bancorp worth $5,656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SMBC. JPMorgan Chase & Co. raised its position in Southern Missouri Bancorp by 249.1% during the third 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 in the last quarter. SG Americas Securities LLC raised its position in shares of 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 buying an additional 894 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of 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 buying an additional 945 shares during the period. Forvis Mazars Wealth Advisors LLC grew its position in Southern Missouri Bancorp by 1.0% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 19,909 shares of the savings and loans company's stock worth $1,142,000 after buying an additional 200 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Southern Missouri Bancorp by 2.0% during the 4th quarter. Bank of New York Mellon Corp now owns 45,918 shares of the savings and loans company's stock worth $2,634,000 after acquiring an additional 915 shares during the period. 49.49% of the stock is currently owned by institutional investors and hedge funds.

Southern Missouri Bancorp Trading Down 0.9%

SMBC traded down $0.47 during midday trading on Monday, hitting $52.54. 21,379 shares of the company were exchanged, compared to its average volume of 32,021. The firm's 50 day moving average price is $51.85 and its 200-day moving average price is $56.88. Southern Missouri Bancorp, Inc. has a 1-year low of $39.90 and a 1-year high of $68.69. The firm has a market capitalization of $593.70 million, a P/E ratio of 11.47 and a beta of 1.00. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last announced its earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.08. The business had revenue of $46.15 million during the quarter, compared to the consensus estimate of $45.33 million. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. As a group, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The firm also recently declared 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 of this dividend is Thursday, May 15th. Southern Missouri Bancorp's dividend payout ratio (DPR) is presently 18.47%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Keefe, Bruyette & Woods reduced their target price on Southern Missouri Bancorp from $70.00 to $68.00 and set a "market perform" rating on the stock in a report on Thursday, January 30th. Stephens reiterated an "overweight" rating and set a $65.00 price objective on shares of Southern Missouri Bancorp in a research note on Tuesday, April 22nd.

Insider Buying and Selling at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $53.23, for a total value of $159,690.00. Following the transaction, the director now directly owns 42,649 shares of the company's stock, valued at approximately $2,270,206.27. This trade represents a 6.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 16.60% of the company's stock.

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.