Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 7.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,380 shares of the savings and loans company’s stock after acquiring an additional 1,488 shares during the period. Victory Capital Management Inc. owned 0.17% of Southern Missouri Bancorp worth $1,060,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SMBC. KLP Kapitalforvaltning AS purchased a new stake in shares of Southern Missouri Bancorp in the fourth quarter valued at about $138,000. Lazard Asset Management LLC lifted its stake in Southern Missouri Bancorp by 147.5% in the 4th quarter. Lazard Asset Management LLC now owns 3,542 shares of the savings and loans company’s stock valued at $202,000 after buying an additional 2,111 shares in the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in Southern Missouri Bancorp in the 4th quarter valued at approximately $220,000. GAMMA Investing LLC grew its holdings in Southern Missouri Bancorp by 7,404.9% during the 1st quarter. GAMMA Investing LLC now owns 4,578 shares of the savings and loans company’s stock valued at $238,000 after buying an additional 4,517 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 during the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on SMBC shares. Keefe, Bruyette & Woods boosted their price target on Southern Missouri Bancorp from $60.00 to $63.00 and gave the stock a “market perform” rating in a report on Friday, July 25th. Stephens restated an “overweight” rating and issued a $65.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd.

Insider Buying and Selling

In related news, Director William E. Young sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $56.30, for a total value of $563,000.00. Following the completion of the sale, the director directly owned 94,987 shares in the company, valued at approximately $5,347,768.10. The trade was a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 13,130 shares of company stock valued at $730,009. 16.60% of the stock is owned by insiders.

Southern Missouri Bancorp Stock Down 1.1%

SMBC stock opened at $54.09 on Friday. The stock has a market capitalization of $611.22 million, a P/E ratio of 10.44 and a beta of 0.98. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.98 and a current ratio of 0.98. Southern Missouri Bancorp, Inc. has a one year low of $45.10 and a one year high of $68.69. The company has a 50 day moving average price of $54.60 and a two-hundred day moving average price of $54.55.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Wednesday, July 23rd. The savings and loans company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. The company had revenue of $47.61 million for the quarter, compared to analyst estimates of $46.60 million. Southern Missouri Bancorp had a return on equity of 11.35% and a net margin of 19.17%. As a group, sell-side analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.25 dividend. This is a positive change from Southern Missouri Bancorp’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, August 15th. This represents a $1.00 annualized dividend and a yield of 1.8%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 17.76%.

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.