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

FJ Capital Management LLC lowered its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 15.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 364,700 shares of the savings and loans company's stock after selling 66,987 shares during the period. Southern Missouri Bancorp comprises about 2.4% of FJ Capital Management LLC's holdings, making the stock its 13th largest holding. FJ Capital Management LLC owned approximately 3.23% of Southern Missouri Bancorp worth $20,923,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Barclays PLC increased its stake in Southern Missouri Bancorp by 90.4% in the 3rd quarter. Barclays PLC now owns 25,273 shares of the savings and loans company's stock worth $1,427,000 after buying an additional 11,996 shares in the last quarter. JPMorgan Chase & Co. boosted its stake 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 buying an additional 17,895 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of 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 worth $531,000 after acquiring an additional 2,547 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Southern Missouri Bancorp in the fourth quarter valued at $783,000. Finally, Empowered Funds LLC lifted 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 purchasing an additional 945 shares during the period. Institutional investors own 49.49% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on SMBC. Keefe, Bruyette & Woods lowered their price objective on shares of 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. Stephens restated an "overweight" rating and issued a $65.00 target price on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd.

Southern Missouri Bancorp Stock Performance

Shares of SMBC stock traded down $0.45 during trading hours on Wednesday, hitting $54.71. The stock had a trading volume of 5,569 shares, compared to its average volume of 32,578. The firm has a market capitalization of $654.28 million, a PE ratio of 11.95 and a beta of 1.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97. Southern Missouri Bancorp, Inc. has a twelve month low of $39.90 and a twelve month high of $68.69. The stock's 50 day moving average is $51.75 and its 200 day moving average is $57.36.

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. The company had revenue of $46.15 million for the quarter, compared to analysts' expectations of $45.33 million. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. As a group, research analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The firm 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 $0.23 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.92 annualized dividend and a yield of 1.68%. Southern Missouri Bancorp's dividend payout ratio is currently 18.47%.

Insider Buying and Selling

In other news, Director William E. Young sold 3,000 shares of Southern Missouri Bancorp 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 sale, the director now directly owns 42,649 shares of the company's stock, valued at approximately $2,270,206.27. The trade was a 6.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.60% of the stock is owned by company insiders.

Southern Missouri Bancorp 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.