Wells Fargo & Company MN Has $350,000 Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Wells Fargo & Company MN raised its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 39.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,100 shares of the savings and loans company’s stock after acquiring an additional 1,739 shares during the quarter. Wells Fargo & Company MN owned about 0.05% of Southern Missouri Bancorp worth $350,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its stake in shares of Southern Missouri Bancorp by 17.7% in the 4th quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company’s stock valued at $11,939,000 after purchasing an additional 31,267 shares during the last quarter. Franklin Resources Inc. raised its holdings in Southern Missouri Bancorp by 5.3% during the fourth quarter. Franklin Resources Inc. now owns 109,664 shares of the savings and loans company’s stock valued at $6,291,000 after buying an additional 5,489 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Southern Missouri Bancorp by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 91,520 shares of the savings and loans company’s stock worth $5,251,000 after buying an additional 1,563 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Southern Missouri Bancorp by 243.0% in the fourth quarter. JPMorgan Chase & Co. now owns 86,033 shares of the savings and loans company’s stock worth $4,936,000 after buying an additional 60,953 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Southern Missouri Bancorp by 2.0% during the 4th 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 owned by institutional investors.

Southern Missouri Bancorp Trading Down 0.1 %

Shares of NASDAQ:SMBC opened at $53.09 on Tuesday. 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 stock’s 50-day moving average is $52.11 and its 200-day moving average is $57.55. The company has a market cap of $634.90 million, a P/E ratio of 11.59 and a beta of 0.88. Southern Missouri Bancorp, Inc. has a 52-week low of $39.90 and a 52-week high of $68.69.

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 analysts’ consensus estimates of $1.31 by $0.08. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. The firm had revenue of $46.15 million for the quarter, compared to analyst estimates of $45.33 million. Equities research analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The business 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. This represents a $0.92 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Thursday, May 15th. Southern Missouri Bancorp’s payout ratio is currently 18.47%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Stephens restated an “overweight” rating and issued a $65.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd. Keefe, Bruyette & Woods dropped 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 report on Thursday, January 30th.

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.