Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. reduced its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 73.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,933 shares of the savings and loans company’s stock after selling 10,992 shares during the period. Assenagon Asset Management S.A.’s holdings in Southern Missouri Bancorp were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Forvis Mazars Wealth Advisors LLC increased its position in Southern Missouri Bancorp by 1.0% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 19,909 shares of the savings and loans company’s stock valued at $1,142,000 after buying an additional 200 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Southern Missouri Bancorp by 4.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,447 shares of the savings and loans company’s stock valued at $312,000 after buying an additional 228 shares in the last quarter. Epoch Investment Partners Inc. increased its position in Southern Missouri Bancorp by 0.5% during the 4th quarter. Epoch Investment Partners Inc. now owns 52,993 shares of the savings and loans company’s stock valued at $3,040,000 after buying an additional 280 shares in the last quarter. MetLife Investment Management LLC increased its position in Southern Missouri Bancorp by 7.5% during the 4th quarter. MetLife Investment Management LLC now owns 5,577 shares of the savings and loans company’s stock valued at $320,000 after buying an additional 391 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its position in Southern Missouri Bancorp by 6.2% during the 4th quarter. Los Angeles Capital Management LLC now owns 13,350 shares of the savings and loans company’s stock valued at $766,000 after buying an additional 780 shares in the last quarter. 49.49% of the stock is owned by institutional investors and hedge funds.

Insider Transactions 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 stock was sold at an average price of $53.23, for a total value of $159,690.00. Following the sale, the director now owns 42,649 shares in the company, valued at $2,270,206.27. This represents a 6.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 16.60% of the company’s stock.

Southern Missouri Bancorp Stock Down 0.5%

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

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 analysts’ consensus estimates 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 business had revenue of $46.15 million for the quarter, compared to analyst estimates of $45.33 million. Equities analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

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

Analyst Upgrades and Downgrades

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

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.