Legal & General Group Plc Has $475,000 Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Legal & General Group Plc decreased its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 7.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,288 shares of the savings and loans company’s stock after selling 690 shares during the quarter. Legal & General Group Plc owned approximately 0.07% of Southern Missouri Bancorp worth $475,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in shares of Southern Missouri Bancorp during the fourth quarter valued at about $74,000. KLP Kapitalforvaltning AS bought a new position in Southern Missouri Bancorp in the 4th quarter valued at approximately $138,000. AlphaQuest LLC acquired a new stake in Southern Missouri Bancorp during the 4th quarter worth approximately $273,000. SG Americas Securities LLC grew its holdings in Southern Missouri Bancorp by 21.6% during the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock worth $288,000 after acquiring an additional 894 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in Southern Missouri Bancorp by 39.9% in the 4th quarter. Wells Fargo & Company MN now owns 6,100 shares of the savings and loans company’s stock valued at $350,000 after acquiring an additional 1,739 shares during the period. Institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Stock Up 1.3 %

Shares of NASDAQ SMBC opened at $53.33 on Wednesday. Southern Missouri Bancorp, Inc. has a 52-week low of $39.00 and a 52-week high of $68.69. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 0.97. The company’s 50 day moving average price is $52.50 and its 200-day moving average price is $57.78. The company has a market capitalization of $637.77 million, a P/E ratio of 11.64 and a beta of 0.88.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.08. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. The business had revenue of $46.15 million for the quarter, compared to analyst estimates of $45.33 million. Equities analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.92 annualized dividend and a yield of 1.73%. Southern Missouri Bancorp’s dividend payout ratio is currently 18.47%.

Wall Street Analyst Weigh In

SMBC has been the topic of a number of recent research reports. 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 report on Thursday, January 30th. Stephens reiterated an “overweight” rating and issued a $65.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd.

Insiders Place Their Bets

In other news, Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the sale, the director now owns 21,000 shares of the company’s stock, valued at $1,240,680. This trade represents a 25.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 16.60% of the stock is currently owned by corporate insiders.

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.