Rhumbline Advisers Reduces Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Rhumbline Advisers cut its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 4.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,618 shares of the savings and loans company’s stock after selling 661 shares during the quarter. Rhumbline Advisers owned approximately 0.12% of Southern Missouri Bancorp worth $760,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in Southern Missouri Bancorp during the fourth quarter valued at about $74,000. KLP Kapitalforvaltning AS purchased a new stake in Southern Missouri Bancorp during the fourth quarter valued at about $138,000. Lazard Asset Management LLC lifted its holdings in Southern Missouri Bancorp by 147.5% during 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 last quarter. Price T Rowe Associates Inc. MD purchased a new stake in Southern Missouri Bancorp during the fourth quarter valued at about $220,000. Finally, GAMMA Investing LLC lifted its holdings in Southern Missouri Bancorp by 7,404.9% during the first quarter. GAMMA Investing LLC now owns 4,578 shares of the savings and loans company’s stock valued at $238,000 after purchasing an additional 4,517 shares during the last quarter. 49.49% of the stock is owned by hedge funds and other institutional investors.

Southern Missouri Bancorp Trading Down 0.5%

Shares of SMBC opened at $51.45 on Friday. The business’s 50-day moving average price is $52.60 and its 200-day moving average price is $55.27. Southern Missouri Bancorp, Inc. has a twelve month low of $41.02 and a twelve month high of $68.69. The stock has a market cap of $581.39 million, a PE ratio of 10.33 and a beta of 0.99. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings results 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 11.06% and a net margin of 18.76%. The firm had revenue of $46.15 million for the quarter, compared to analysts’ expectations of $45.33 million. On average, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Thursday, May 15th. Southern Missouri Bancorp’s dividend payout ratio is presently 18.47%.

Analyst Ratings Changes

Separately, Stephens reaffirmed an “overweight” rating and set a $65.00 price objective on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd.

Insider Activity

In related news, Director William E. Young sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $53.23, for a total value of $159,690.00. Following the transaction, the director now directly owns 42,649 shares in the company, valued at approximately $2,270,206.27. This represents a 6.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 16.60% of the company’s stock.

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.