Southern Missouri Bancorp (NASDAQ:SMBC) Sees Unusually-High Trading Volume - What's Next?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) saw an uptick in trading volume on Monday . 25,159 shares were traded during trading, a decline of 24% from the previous session's volume of 33,219 shares.The stock last traded at $53.15 and had previously closed at $52.67.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SMBC shares. Stephens restated an "overweight" rating and issued a $65.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd. Keefe, Bruyette & Woods reduced their target price on shares of 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 Stock Down 0.1 %

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 business has a 50-day moving average price of $51.77 and a 200-day moving average price of $57.40. The firm has a market cap of $637.18 million, a P/E ratio of 11.63 and a beta of 1.00.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $45.33 million. On average, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a $0.23 dividend. 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 (DPR) is 18.47%.

Insiders Place Their Bets

In related news, Director William E. Young sold 3,000 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $53.23, for a total transaction 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 position. The sale was disclosed in a document filed with the SEC, which is available through this link. 16.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Southern Missouri Bancorp

Large investors have recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of 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 during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Southern Missouri Bancorp by 48.2% during the 3rd quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company's stock valued at $6,105,000 after purchasing an additional 33,902 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Southern Missouri Bancorp by 249.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company's stock worth $1,417,000 after purchasing an additional 17,895 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Southern Missouri Bancorp by 21.6% in the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company's stock worth $288,000 after purchasing an additional 894 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in Southern Missouri Bancorp by 4.7% during the 4th quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company's stock worth $1,196,000 after buying an additional 945 shares during the last quarter. 49.49% of the stock is currently owned by institutional investors.

About Southern Missouri Bancorp

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.