Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Sees Significant Decrease in Short Interest

Southern Missouri Bancorp, Inc. (NASDAQ:SMBCGet Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 47,500 shares, a drop of 16.4% from the April 30th total of 56,800 shares. Based on an average daily volume of 26,600 shares, the short-interest ratio is presently 1.8 days.

Insider Buying and Selling at Southern Missouri Bancorp

In other news, Director Sammy A. Schalk sold 913 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $44.22, for a total value of $40,372.86. Following the completion of the sale, the director now directly owns 93,442 shares in the company, valued at $4,132,005.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 17.41% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SMBC. EntryPoint Capital LLC acquired a new stake in shares of Southern Missouri Bancorp during the 1st quarter worth about $25,000. Vanguard Group Inc. increased its holdings in shares of Southern Missouri Bancorp by 0.7% during the first quarter. Vanguard Group Inc. now owns 578,818 shares of the savings and loans company’s stock worth $25,300,000 after buying an additional 3,821 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Southern Missouri Bancorp by 7.4% during the first quarter. Empowered Funds LLC now owns 17,701 shares of the savings and loans company’s stock worth $774,000 after buying an additional 1,225 shares in the last quarter. ACR Alpine Capital Research LLC raised its stake in shares of Southern Missouri Bancorp by 36.1% in the first quarter. ACR Alpine Capital Research LLC now owns 48,735 shares of the savings and loans company’s stock valued at $2,130,000 after acquiring an additional 12,925 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Southern Missouri Bancorp by 86.8% in the 1st quarter. BNP Paribas Financial Markets now owns 4,747 shares of the savings and loans company’s stock worth $207,000 after acquiring an additional 2,206 shares in the last quarter. 49.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SMBC shares. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $51.00 price target (down from $53.00) on shares of Southern Missouri Bancorp in a research report on Wednesday, May 1st. StockNews.com raised Southern Missouri Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th.

Check Out Our Latest Stock Analysis on SMBC

Southern Missouri Bancorp Trading Up 0.9 %

Shares of SMBC stock opened at $42.11 on Friday. The firm has a fifty day moving average of $41.75 and a 200-day moving average of $44.75. The stock has a market cap of $477.95 million, a price-to-earnings ratio of 9.17 and a beta of 0.95. Southern Missouri Bancorp has a 52-week low of $35.64 and a 52-week high of $55.45. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.97 and a current ratio of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBCGet Free Report) last announced its quarterly earnings results on Monday, April 29th. The savings and loans company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.06. Southern Missouri Bancorp had a net margin of 19.77% and a return on equity of 11.44%. The firm had revenue of $40.09 million during the quarter, compared to analysts’ expectations of $40.01 million. On average, equities research analysts forecast that Southern Missouri Bancorp will post 4.15 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend was Tuesday, May 14th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 18.30%.

Southern Missouri Bancorp Company Profile

(Get Free Report)

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.

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