Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 243.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,033 shares of the savings and loans company's stock after buying an additional 60,953 shares during the period. JPMorgan Chase & Co. owned about 0.76% of Southern Missouri Bancorp worth $4,936,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its position in shares of Southern Missouri Bancorp by 3.2% in the 3rd quarter. State Street Corp now owns 198,201 shares of the savings and loans company's stock worth $11,196,000 after acquiring an additional 6,135 shares in the last quarter. Jane Street Group LLC lifted its stake in Southern Missouri Bancorp by 11.8% in the 3rd quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company's stock worth $476,000 after purchasing an additional 889 shares in the last quarter. Barclays PLC lifted its position in Southern Missouri Bancorp by 90.4% during the third 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. Geode Capital Management LLC increased its stake in shares of Southern Missouri Bancorp by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company's stock worth $12,304,000 after acquiring an additional 2,113 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Southern Missouri Bancorp by 48.2% in the third quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company's stock worth $6,105,000 after acquiring an additional 33,902 shares during the period. 49.49% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp Stock Performance

Shares of Southern Missouri Bancorp stock traded up $0.42 during trading hours on Thursday, hitting $53.20. 3,742 shares of the company were exchanged, compared to its average volume of 33,231. The stock has a market capitalization of $636.22 million, a price-to-earnings ratio of 11.58 and a beta of 0.88. The business has a 50-day moving average of $53.08 and a 200-day moving average of $57.86. 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 1 year low of $39.00 and a 1 year high of $68.69.

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

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.92 annualized dividend and a yield of 1.73%. Southern Missouri Bancorp's dividend payout ratio is presently 20.09%.

Insider Activity at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the sale, the director now owns 21,000 shares of the company's stock, valued at $1,240,680. This represents a 25.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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.