Epoch Investment Partners Inc. Cuts Stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Epoch Investment Partners Inc. reduced its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 10.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,131 shares of the savings and loans company’s stock after selling 27,369 shares during the period. Epoch Investment Partners Inc.’s holdings in Southern Missouri Bancorp were worth $10,715,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. ACR Alpine Capital Research LLC raised its stake in shares of Southern Missouri Bancorp by 3.5% in the fourth quarter. ACR Alpine Capital Research LLC now owns 35,810 shares of the savings and loans company’s stock worth $1,912,000 after buying an additional 1,227 shares during the period. FORVIS Wealth Advisors LLC bought a new position in shares of Southern Missouri Bancorp in the first quarter worth about $861,000. BTC Capital Management Inc. bought a new position in shares of Southern Missouri Bancorp in the first quarter worth about $801,000. Vanguard Group Inc. raised its stake in shares of Southern Missouri Bancorp by 2.0% in the third quarter. Vanguard Group Inc. now owns 552,438 shares of the savings and loans company’s stock worth $21,374,000 after buying an additional 10,709 shares during the period. Finally, Los Angeles Capital Management LLC raised its stake in shares of Southern Missouri Bancorp by 18.9% in the fourth quarter. Los Angeles Capital Management LLC now owns 7,123 shares of the savings and loans company’s stock worth $380,000 after buying an additional 1,130 shares during the period. 49.49% of the stock is owned by hedge funds and other institutional investors.

Southern Missouri Bancorp Stock Down 0.0 %

Shares of SMBC opened at $52.50 on Monday. The business’s 50 day moving average is $44.05 and its 200 day moving average is $43.52. The company has a market capitalization of $595.88 million, a PE ratio of 11.44 and a beta of 0.97. Southern Missouri Bancorp, Inc. has a 12-month low of $37.74 and a 12-month high of $55.45. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.26.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Monday, April 29th. The savings and loans company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.06. The company had revenue of $40.09 million for the quarter, compared to the consensus estimate of $40.01 million. Southern Missouri Bancorp had a return on equity of 11.44% and a net margin of 19.77%. Research analysts expect that Southern Missouri Bancorp, Inc. will post 4.15 earnings per share for the current fiscal year.

Southern Missouri Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from Southern Missouri Bancorp’s previous quarterly dividend of $0.21. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 18.30%.

Insider Activity at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 15,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $41.76, for a total value of $626,400.00. Following the sale, the director now owns 224,417 shares of the company’s stock, valued at approximately $9,371,653.92. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 17.41% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $51.00 target price (down previously from $53.00) on shares of Southern Missouri Bancorp in a research note on Wednesday, May 1st.

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