Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P raised its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 126.9% in the third quarter, HoldingsChannel reports. The fund owned 20,330 shares of the savings and loans company’s stock after purchasing an additional 11,370 shares during the period. Martingale Asset Management L P’s holdings in Southern Missouri Bancorp were worth $1,148,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Rhumbline Advisers lifted its holdings in Southern Missouri Bancorp by 1.9% in the second quarter. Rhumbline Advisers now owns 14,347 shares of the savings and loans company’s stock valued at $646,000 after acquiring an additional 263 shares during the period. Empowered Funds LLC increased its position 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 valued at $1,124,000 after buying an additional 938 shares in the last quarter. Creative Planning increased its position in shares of Southern Missouri Bancorp by 20.9% in the third quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock valued at $373,000 after buying an additional 1,142 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Southern Missouri Bancorp by 11.1% in the second quarter. Victory Capital Management Inc. now owns 20,000 shares of the savings and loans company’s stock valued at $900,000 after buying an additional 2,000 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Southern Missouri Bancorp by 139.5% in the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock valued at $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.

Southern Missouri Bancorp Stock Down 0.8 %

Shares of SMBC opened at $65.65 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The stock has a market capitalization of $740.53 million, a price-to-earnings ratio of 15.09 and a beta of 0.95. The stock has a 50 day moving average price of $60.50 and a 200 day moving average price of $52.65.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01). Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. The firm had revenue of $74.55 million for the quarter, compared to analysts’ expectations of $42.48 million. Equities research analysts forecast that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Friday, November 15th. Southern Missouri Bancorp’s payout ratio is currently 21.15%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Stephens boosted their price objective on Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Piper Sandler boosted their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th.

Insider Buying and Selling at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $59.90, for a total value of $179,700.00. Following the completion of the sale, the director now directly owns 48,649 shares in the company, valued at $2,914,075.10. This represents a 5.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 16.60% of the stock is owned by company insiders.

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.