Southern Missouri Bancorp (NASDAQ:SMBC) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $54.56 and traded as high as $58.88. Southern Missouri Bancorp shares last traded at $57.05, with a volume of 63,451 shares trading hands.

Wall Street Analyst Weigh In

Separately, Stephens reissued an "overweight" rating and issued a $65.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd.

Southern Missouri Bancorp Stock Down 1.9%

The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $644.67 million, a PE ratio of 11.46 and a beta of 0.98. The stock's fifty day simple moving average is $53.64 and its 200-day simple moving average is $54.56.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.08. The firm had revenue of $46.15 million for the quarter, compared to the consensus estimate of $45.33 million. Southern Missouri Bancorp had a net margin of 18.76% and a return on equity of 11.06%. As a group, sell-side analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Thursday, May 15th. Southern Missouri Bancorp's dividend payout ratio is 18.47%.

Insider Transactions at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of Southern Missouri Bancorp stock in a transaction on Monday, May 5th. The shares were sold at an average price of $53.23, for a total transaction of $159,690.00. Following the transaction, the director directly owned 42,649 shares of the company's stock, valued at $2,270,206.27. The trade was a 6.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 16.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Southern Missouri Bancorp

A number of hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Southern Missouri Bancorp by 4.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,447 shares of the savings and loans company's stock worth $312,000 after purchasing an additional 228 shares during the period. Epoch Investment Partners Inc. raised its stake in shares of Southern Missouri Bancorp by 0.5% during the 4th quarter. Epoch Investment Partners Inc. now owns 52,993 shares of the savings and loans company's stock worth $3,040,000 after purchasing an additional 280 shares during the period. MetLife Investment Management LLC raised its stake in shares of Southern Missouri Bancorp by 7.5% during the 4th quarter. MetLife Investment Management LLC now owns 5,577 shares of the savings and loans company's stock worth $320,000 after purchasing an additional 391 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Southern Missouri Bancorp by 2.0% during the 4th quarter. Bank of New York Mellon Corp now owns 45,918 shares of the savings and loans company's stock worth $2,634,000 after purchasing an additional 915 shares during the period. Finally, Bridgeway Capital Management LLC raised its stake in shares of Southern Missouri Bancorp by 3.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 31,844 shares of the savings and loans company's stock worth $1,827,000 after purchasing an additional 945 shares during the period. 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.

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