Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by FJ Capital Management LLC

FJ Capital Management LLC trimmed its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 15.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 364,700 shares of the savings and loans company's stock after selling 66,987 shares during the quarter. Southern Missouri Bancorp accounts for approximately 2.4% of FJ Capital Management LLC's investment portfolio, making the stock its 13th biggest holding. FJ Capital Management LLC owned 3.23% of Southern Missouri Bancorp worth $20,923,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its holdings in 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 valued at $22,820,000 after purchasing an additional 18,623 shares during the last quarter. American Century Companies Inc. lifted its stake 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 valued at $11,939,000 after purchasing an additional 31,267 shares during the period. Franklin Resources Inc. lifted its stake in shares of 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 valued at $6,291,000 after purchasing an additional 5,489 shares during the period. Northern Trust Corp lifted its stake in shares of Southern Missouri Bancorp by 5.0% in 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 period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Southern Missouri Bancorp by 1.7% in 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 period. 49.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SMBC has been the subject of several analyst reports. Keefe, Bruyette & Woods decreased their target price on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a "market perform" rating for the company in a research note on Thursday, January 30th. Stephens reiterated an "overweight" rating and issued a $65.00 target price on shares of Southern Missouri Bancorp in a research note on Tuesday, April 22nd.

Southern Missouri Bancorp Price Performance

NASDAQ:SMBC traded down $0.04 during trading hours on Friday, reaching $53.28. 15,209 shares of the company were exchanged, compared to its average volume of 32,599. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. The stock's 50-day moving average is $51.77 and its 200-day moving average is $57.39. The firm has a market cap of $637.18 million, a PE ratio of 11.63 and a beta of 1.00. Southern Missouri Bancorp, Inc. has a twelve month low of $39.90 and a twelve month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $46.15 million during the quarter, compared to analysts' expectations of $45.33 million. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. On average, sell-side analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Thursday, May 15th. Southern Missouri Bancorp's dividend payout ratio is presently 18.47%.

Insiders Place Their Bets

In other news, Director William E. Young sold 3,000 shares of the stock in a transaction dated Monday, May 5th. The shares were 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 filing with the Securities & Exchange Commission, which is available at this link. 16.60% of the stock is currently owned by company insiders.

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.