Southern Missouri Bancorp, Inc. $SMBC Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 4.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 230,664 shares of the savings and loans company’s stock after purchasing an additional 10,802 shares during the period. Geode Capital Management LLC owned about 2.04% of Southern Missouri Bancorp worth $12,638,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SMBC. Private Trust Co. NA purchased a new stake in Southern Missouri Bancorp during the 2nd quarter worth approximately $32,000. Strs Ohio acquired a new position in shares of Southern Missouri Bancorp in the first quarter worth $94,000. Voleon Capital Management LP acquired a new position in shares of Southern Missouri Bancorp in the first quarter worth $255,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Southern Missouri Bancorp by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company’s stock worth $296,000 after acquiring an additional 234 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in shares of Southern Missouri Bancorp by 98.9% in the second quarter. Assenagon Asset Management S.A. now owns 7,824 shares of the savings and loans company’s stock valued at $429,000 after acquiring an additional 3,891 shares in the last quarter. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Trading Down 0.4%

NASDAQ:SMBC opened at $56.88 on Wednesday. Southern Missouri Bancorp, Inc. has a 1 year low of $45.10 and a 1 year high of $66.81. The stock has a market cap of $637.17 million, a P/E ratio of 10.42 and a beta of 0.98. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a 50-day simple moving average of $53.22 and a 200-day simple moving average of $54.35.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its earnings results on Wednesday, November 10th. The savings and loans company reported $1.40 earnings per share for the quarter. The firm had revenue of $30.15 million during the quarter. Southern Missouri Bancorp had a return on equity of 11.74% and a net margin of 19.86%. As a group, analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were issued a $0.25 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. Southern Missouri Bancorp’s dividend payout ratio is presently 18.32%.

Insider Activity at Southern Missouri Bancorp

In related news, Director William E. Young sold 1,500 shares of Southern Missouri Bancorp stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $53.87, for a total transaction of $80,805.00. Following the sale, the director directly owned 93,552 shares in the company, valued at $5,039,646.24. This trade represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 15.81% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

SMBC has been the subject of several analyst reports. Piper Sandler set a $60.50 target price on Southern Missouri Bancorp and gave the stock a “neutral” rating in a research note on Monday, October 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of Southern Missouri Bancorp in a research report on Monday. Finally, Keefe, Bruyette & Woods raised their target price on shares of Southern Missouri Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Southern Missouri Bancorp currently has an average rating of “Hold” and a consensus price target of $62.83.

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.