KLP Kapitalforvaltning AS Buys Shares of 2,400 Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

KLP Kapitalforvaltning AS purchased a new position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,400 shares of the savings and loans company’s stock, valued at approximately $138,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Quantbot Technologies LP bought a new stake in shares of Southern Missouri Bancorp during the 4th quarter valued at $74,000. BNP Paribas Financial Markets grew its stake in shares of 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 purchasing an additional 2,722 shares during the period. Zacks Investment Management bought a new stake in Southern Missouri Bancorp in the third quarter valued at about $273,000. AlphaQuest LLC bought a new stake in Southern Missouri Bancorp in the fourth quarter valued at about $273,000. Finally, SG Americas Securities LLC lifted its stake in Southern Missouri Bancorp by 21.6% in the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock valued at $288,000 after buying an additional 894 shares during the period. 49.49% of the stock is owned by institutional investors.

Insider Buying and Selling at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the transaction, the director now directly owns 21,000 shares in the company, valued at approximately $1,240,680. This trade represents a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 16.60% of the company’s stock.

Southern Missouri Bancorp Trading Up 4.7 %

NASDAQ:SMBC opened at $49.82 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97. The business’s 50-day simple moving average is $55.18 and its 200-day simple moving average is $58.26. Southern Missouri Bancorp, Inc. has a fifty-two week low of $39.00 and a fifty-two week high of $68.69. The stock has a market capitalization of $595.80 million, a PE ratio of 10.88 and a beta of 0.88.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. Sell-side analysts expect 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 announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.

Analysts Set New Price Targets

SMBC has been the topic of a number of analyst reports. Stephens reiterated an “overweight” rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods cut their target price on shares of 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.

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.