Brett Dorton Sells 450 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Brett Dorton sold 450 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $53.30, for a total value of $23,985.00. Following the sale, the executive vice president now directly owns 1,190 shares in the company, valued at approximately $63,427. This trade represents a 27.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Southern Missouri Bancorp Stock Up 1.9 %

Shares of SMBC opened at $54.44 on Thursday. 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 12 month low of $39.00 and a 12 month high of $68.69. The stock’s 50 day moving average is $57.07 and its two-hundred day moving average is $58.82. The firm has a market cap of $613.92 million, a P/E ratio of 11.89 and a beta of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. Analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio is presently 20.09%.

Institutional Trading of Southern Missouri Bancorp

A number of institutional investors have recently made changes to their positions in SMBC. Empowered Funds LLC boosted its stake in shares of Southern Missouri Bancorp by 4.9% in the third quarter. Empowered Funds LLC now owns 19,899 shares of the savings and loans company’s stock worth $1,124,000 after acquiring an additional 938 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in Southern Missouri Bancorp during the third quarter worth approximately $600,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Southern Missouri Bancorp during the third quarter worth approximately $379,000. Charles Schwab Investment Management Inc. lifted its position in Southern Missouri Bancorp by 147.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company’s stock worth $5,082,000 after buying an additional 53,670 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Southern Missouri Bancorp by 139.5% during the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock worth $264,000 after buying an additional 2,722 shares in the last quarter. 49.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SMBC has been the topic of several analyst reports. Stephens reaffirmed an “overweight” rating and set a $76.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th. Keefe, Bruyette & Woods dropped their target price on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a report on Thursday, January 30th.

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