Deutsche Bank AG Buys 3,514 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Deutsche Bank AG boosted its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 54.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,928 shares of the savings and loans company’s stock after buying an additional 3,514 shares during the quarter. Deutsche Bank AG owned approximately 0.09% of Southern Missouri Bancorp worth $570,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV bought a new stake in shares of Southern Missouri Bancorp in the 4th quarter worth approximately $5,228,000. JPMorgan Chase & Co. lifted its stake in Southern Missouri Bancorp by 243.0% during the 4th quarter. JPMorgan Chase & Co. now owns 86,033 shares of the savings and loans company’s stock valued at $4,936,000 after acquiring an additional 60,953 shares during the period. American Century Companies Inc. lifted its stake in Southern Missouri Bancorp by 17.7% during 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 acquiring an additional 31,267 shares during the period. Dimensional Fund Advisors LP lifted its stake in Southern Missouri Bancorp by 4.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company’s stock valued at $22,820,000 after acquiring an additional 18,623 shares during the period. Finally, Kennedy Capital Management LLC bought a new position in shares of Southern Missouri Bancorp in the 4th quarter worth approximately $825,000. Institutional investors own 49.49% of the company’s stock.

Insider Transactions at Southern Missouri Bancorp

In other news, Director William E. Young sold 3,000 shares of the firm’s stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $53.23, for a total value of $159,690.00. Following the completion of the sale, the director now owns 42,649 shares in the company, valued at approximately $2,270,206.27. This trade represents a 6.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.60% of the company’s stock.

Analysts Set New Price Targets

SMBC has been the topic of several recent research reports. Stephens reiterated an “overweight” rating and issued a $65.00 price objective on shares of Southern Missouri Bancorp in a research note on Tuesday, April 22nd. Keefe, Bruyette & Woods reduced their target price on shares of 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.

Southern Missouri Bancorp Trading Down 1.7%

Shares of SMBC opened at $52.76 on Thursday. The company has a 50 day simple moving average of $51.84 and a two-hundred day simple moving average of $56.83. Southern Missouri Bancorp, Inc. has a 1 year low of $39.90 and a 1 year high of $68.69. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97. The firm has a market cap of $596.19 million, a P/E ratio of 11.52 and a beta of 1.00.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings data on Monday, April 21st. The savings and loans company reported $1.39 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 during the quarter, compared to analyst estimates of $45.33 million. On average, equities analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a $0.23 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.92 annualized dividend and a dividend yield of 1.74%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 18.47%.

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.