Southern Missouri Bancorp (NASDAQ:SMBC) Earns Market Perform Rating from Keefe, Bruyette & Woods

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report)'s stock had its "market perform" rating reissued by analysts at Keefe, Bruyette & Woods in a research report issued on Wednesday, Benzinga reports. They presently have a $51.00 target price on the savings and loans company's stock, down from their previous target price of $53.00. Keefe, Bruyette & Woods' price objective points to a potential upside of 25.93% from the company's previous close.

Separately, StockNews.com raised shares of Southern Missouri Bancorp from a "sell" rating to a "hold" rating in a research report on Wednesday, February 7th.

Southern Missouri Bancorp Trading Up 1.0 %

SMBC stock traded up $0.40 during mid-day trading on Wednesday, reaching $40.50. The company had a trading volume of 35,587 shares, compared to its average volume of 22,480. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $460.49 million, a PE ratio of 8.82 and a beta of 0.94. The firm has a 50 day moving average of $42.11 and a 200 day moving average of $44.68. Southern Missouri Bancorp has a 12 month low of $30.28 and a 12 month high of $55.45.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its earnings results on Monday, January 29th. The savings and loans company reported $1.07 EPS for the quarter, missing analysts' consensus estimates of $1.12 by ($0.05). The company had revenue of $40.13 million during the quarter, compared to the consensus estimate of $40.94 million. Southern Missouri Bancorp had a return on equity of 11.58% and a net margin of 19.77%. On average, equities analysts predict that Southern Missouri Bancorp will post 4.12 earnings per share for the current fiscal year.

Insider Transactions at Southern Missouri Bancorp

In other news, Director Sammy A. Schalk sold 913 shares of the company's stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $44.22, for a total value of $40,372.86. Following the completion of the sale, the director now owns 93,442 shares of the company's stock, valued at approximately $4,132,005.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 17.41% of the company's stock.

Institutional Investors Weigh In On Southern Missouri Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. Denali Advisors LLC purchased a new stake in Southern Missouri Bancorp during the fourth quarter valued at approximately $139,000. SG Americas Securities LLC purchased a new stake in Southern Missouri Bancorp during the third quarter valued at approximately $158,000. BNP Paribas Financial Markets lifted its position in Southern Missouri Bancorp by 86.8% during the first quarter. BNP Paribas Financial Markets now owns 4,747 shares of the savings and loans company's stock valued at $207,000 after acquiring an additional 2,206 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in Southern Missouri Bancorp by 18.9% during the fourth quarter. Los Angeles Capital Management LLC now owns 7,123 shares of the savings and loans company's stock valued at $380,000 after acquiring an additional 1,130 shares during the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in Southern Missouri Bancorp during the fourth quarter valued at approximately $647,000. Hedge funds and other institutional investors own 49.49% of the company's stock.

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 interest-bearing and noninterest-bearing transaction accounts, money market deposit accounts, saving accounts, certificates of deposit, and retirement savings plans.