Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by Millennium Management LLC

Millennium Management LLC reduced its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 9.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,970 shares of the savings and loans company’s stock after selling 3,254 shares during the period. Millennium Management LLC owned about 0.29% of Southern Missouri Bancorp worth $1,891,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in Southern Missouri Bancorp during the fourth quarter valued at $74,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Southern Missouri Bancorp during the fourth quarter valued at about $138,000. Lazard Asset Management LLC boosted its stake in shares of Southern Missouri Bancorp by 147.5% in the fourth quarter. Lazard Asset Management LLC now owns 3,542 shares of the savings and loans company’s stock valued at $202,000 after purchasing an additional 2,111 shares during the period. Price T Rowe Associates Inc. MD purchased a new position in shares of Southern Missouri Bancorp in the fourth quarter valued at approximately $220,000. Finally, AlphaQuest LLC purchased a new position in Southern Missouri Bancorp in the fourth quarter worth approximately $273,000. 49.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Stephens reiterated an “overweight” rating and issued a $65.00 price target on shares of Southern Missouri Bancorp in a research note on Tuesday, April 22nd.

Insider Buying and Selling at Southern Missouri Bancorp

In other news, Director William E. Young sold 3,000 shares of the company’s stock in a transaction dated Monday, May 5th. The shares were 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 owns 42,649 shares of the company’s stock, valued at $2,270,206.27. This represents a 6.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 16.60% of the stock is owned by insiders.

Southern Missouri Bancorp Stock Down 1.2%

SMBC stock opened at $52.01 on Tuesday. The company’s 50 day moving average is $51.78 and its two-hundred day moving average is $56.40. The stock has a market cap of $587.71 million, a P/E ratio of 11.36 and a beta of 1.00. Southern Missouri Bancorp, Inc. has a twelve month low of $39.90 and a twelve month high of $68.69. 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 (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.08. The company had revenue of $46.15 million for the quarter, compared to analysts’ expectations of $45.33 million. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. Research analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.92 dividend on an annualized basis and a yield of 1.77%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 18.47%.

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.