Two Sigma Investments LP lessened its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 32.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,217 shares of the savings and loans company's stock after selling 7,415 shares during the period. Two Sigma Investments LP owned approximately 0.13% of Southern Missouri Bancorp worth $873,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of Southern Missouri Bancorp by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company's stock worth $22,820,000 after acquiring an additional 18,623 shares during the last quarter. American Century Companies Inc. raised its position in shares of Southern Missouri Bancorp by 17.7% in the 4th quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company's stock worth $11,939,000 after purchasing an additional 31,267 shares during the last quarter. Franklin Resources Inc. boosted its stake in Southern Missouri Bancorp by 5.3% in the 4th quarter. Franklin Resources Inc. now owns 109,664 shares of the savings and loans company's stock worth $6,291,000 after purchasing an additional 5,489 shares in the last quarter. Northern Trust Corp grew its position in Southern Missouri Bancorp by 5.0% during the 4th quarter. Northern Trust Corp now owns 98,595 shares of the savings and loans company's stock valued at $5,656,000 after purchasing an additional 4,722 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Southern Missouri Bancorp by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 91,520 shares of the savings and loans company's stock valued at $5,251,000 after purchasing an additional 1,563 shares during the last quarter. Hedge funds and other institutional investors own 49.49% of the company's stock.
Wall Street Analyst Weigh In
Separately, Stephens reaffirmed an "overweight" rating and issued a $65.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd.
Check Out Our Latest Research Report on Southern Missouri Bancorp
Insider Activity
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 transaction, the director now owns 42,649 shares of the company's stock, valued at approximately $2,270,206.27. This represents a 6.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 16.60% of the company's stock.
Southern Missouri Bancorp Stock Up 0.9%
SMBC stock traded up $0.47 during midday trading on Tuesday, hitting $53.98. The company's stock had a trading volume of 26,090 shares, compared to its average volume of 31,989. The firm's 50-day moving average is $51.91 and its 200-day moving average is $55.94. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. Southern Missouri Bancorp, Inc. has a 12 month low of $39.90 and a 12 month high of $68.69. The company has a market cap of $609.97 million, a PE ratio of 11.79 and a beta of 0.99.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share for the quarter, topping 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 during the quarter, compared to analysts' expectations of $45.33 million. On average, equities research analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.
Southern Missouri Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend was Thursday, May 15th. Southern Missouri Bancorp's dividend payout ratio is currently 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.
Further Reading
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
