Price T Rowe Associates Inc. MD Makes New Investment in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Price T Rowe Associates Inc. MD bought a new position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,821 shares of the savings and loans company’s stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also bought and sold shares of SMBC. JPMorgan Chase & Co. boosted its position in 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 purchasing an additional 60,953 shares during the last quarter. American Century Companies Inc. boosted its position in Southern Missouri Bancorp by 17.7% in the fourth quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company’s stock worth $11,939,000 after purchasing an additional 31,267 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Southern Missouri Bancorp by 4.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company’s stock worth $22,820,000 after purchasing an additional 18,623 shares during the last quarter. Kennedy Capital Management LLC purchased a new position in Southern Missouri Bancorp in the fourth quarter worth about $825,000. Finally, Proficio Capital Partners LLC purchased a new position in Southern Missouri Bancorp in the fourth quarter worth about $783,000. 49.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SMBC has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lowered their price objective on 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. Stephens reaffirmed an “overweight” rating and set a $65.00 price objective on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd.

Insider Activity at Southern Missouri Bancorp

In related news, Director William E. Young sold 3,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $53.23, for a total transaction of $159,690.00. Following the sale, the director now owns 42,649 shares of the company’s stock, valued at approximately $2,270,206.27. This trade represents a 6.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.60% of the stock is owned by corporate insiders.

Southern Missouri Bancorp Stock Down 0.8%

SMBC stock opened at $54.80 on Friday. Southern Missouri Bancorp, Inc. has a twelve month low of $39.90 and a twelve month high of $68.69. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The stock has a market cap of $619.24 million, a P/E ratio of 11.97 and a beta of 1.00. The business’s 50-day moving average price is $51.85 and its 200-day moving average price is $57.28.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Monday, April 21st. The savings and loans company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.08. The firm had revenue of $46.15 million for the quarter, compared to analysts’ expectations of $45.33 million. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. On average, equities research analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS 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. This represents a $0.92 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, May 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 18.47%.

Southern Missouri Bancorp Company 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.