Northern Trust Corp Raises Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Northern Trust Corp raised its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 98,595 shares of the savings and loans company’s stock after purchasing an additional 4,722 shares during the quarter. Northern Trust Corp owned 0.87% of Southern Missouri Bancorp worth $5,656,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SMBC. JPMorgan Chase & Co. grew its holdings in shares of Southern Missouri Bancorp by 249.1% in the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company’s stock valued at $1,417,000 after acquiring an additional 17,895 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Southern Missouri Bancorp by 38.0% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,254 shares of the savings and loans company’s stock valued at $531,000 after acquiring an additional 2,547 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Southern Missouri Bancorp in the fourth quarter valued at approximately $783,000. Empowered Funds LLC grew its holdings in shares of Southern Missouri Bancorp by 4.7% in the fourth quarter. Empowered Funds LLC now owns 20,844 shares of the savings and loans company’s stock valued at $1,196,000 after acquiring an additional 945 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of 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 in the last quarter. 49.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction 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 completion of the transaction, the director now directly owns 42,649 shares of the company’s stock, valued at approximately $2,270,206.27. This represents a 6.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.60% of the stock is owned by corporate insiders.

Southern Missouri Bancorp Price Performance

Shares of NASDAQ SMBC opened at $54.79 on Wednesday. The stock has a fifty day simple moving average of $51.92 and a two-hundred day simple moving average of $57.20. Southern Missouri Bancorp, Inc. has a 1-year low of $39.90 and a 1-year high of $68.69. The firm has a market cap of $619.13 million, a price-to-earnings ratio of 11.96 and a beta of 1.00. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings data on Monday, April 21st. The savings and loans company reported $1.39 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $46.15 million during the quarter, compared to analyst estimates of $45.33 million. Analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.68%. The ex-dividend date is Thursday, May 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 18.47%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SMBC shares. Stephens reaffirmed 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 reduced their target price on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company 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.