Renaissance Technologies LLC Sells 2,400 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Renaissance Technologies LLC cut its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,434 shares of the savings and loans company’s stock after selling 2,400 shares during the quarter. Renaissance Technologies LLC owned 0.82% of Southern Missouri Bancorp worth $5,303,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Forvis Mazars Wealth Advisors LLC raised its holdings in Southern Missouri Bancorp by 1.0% in the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 19,909 shares of the savings and loans company’s stock worth $1,142,000 after purchasing an additional 200 shares during the period. Los Angeles Capital Management LLC raised its stake in Southern Missouri Bancorp by 6.2% during the 4th quarter. Los Angeles Capital Management LLC now owns 13,350 shares of the savings and loans company’s stock worth $766,000 after buying an additional 780 shares during the period. Jane Street Group LLC lifted its holdings in Southern Missouri Bancorp by 11.8% during the third quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company’s stock worth $476,000 after acquiring an additional 889 shares in the last quarter. SG Americas Securities LLC grew 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 acquiring an additional 894 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Southern Missouri Bancorp by 2.0% in the fourth quarter. Bank of New York Mellon Corp now owns 45,918 shares of the savings and loans company’s stock worth $2,634,000 after acquiring an additional 915 shares in the last quarter. 49.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SMBC. Stephens reiterated an “overweight” rating and set a $76.00 price objective on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th. Keefe, Bruyette & Woods cut their price target on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a research note on Thursday, January 30th.

Southern Missouri Bancorp Stock Up 0.3 %

SMBC stock opened at $49.24 on Monday. The business has a 50-day moving average of $53.59 and a 200-day moving average of $57.97. 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 $588.86 million, a P/E ratio of 10.75 and a beta of 0.88. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97.

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, 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%. On average, sell-side analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.23 per share. The ex-dividend date was Friday, February 14th. This represents a $0.92 annualized dividend and a yield of 1.87%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.

Insider Transactions at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $1,240,680. This represents a 25.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 16.60% of the company’s stock.

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