8,200 Shares in Southern Missouri Bancorp, Inc. $SMBC Acquired by Alps Advisors Inc.

Alps Advisors Inc. acquired a new position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,200 shares of the savings and loans company’s stock, valued at approximately $431,000. Alps Advisors Inc. owned 0.07% of Southern Missouri Bancorp as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. ACR Alpine Capital Research LLC boosted its position in shares of Southern Missouri Bancorp by 9.6% during the third quarter. ACR Alpine Capital Research LLC now owns 53,207 shares of the savings and loans company’s stock worth $2,797,000 after buying an additional 4,642 shares during the period. SG Americas Securities LLC boosted its holdings in Southern Missouri Bancorp by 92.0% during the third quarter. SG Americas Securities LLC now owns 4,987 shares of the savings and loans company’s stock worth $262,000 after purchasing an additional 2,390 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in Southern Missouri Bancorp in the 3rd quarter valued at $592,000. Squarepoint Ops LLC acquired a new position in shares of Southern Missouri Bancorp during the 2nd quarter worth about $996,000. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Southern Missouri Bancorp by 221.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 13,160 shares of the savings and loans company’s stock valued at $721,000 after acquiring an additional 9,063 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Analyst Ratings Changes

SMBC has been the subject of a number of research reports. Piper Sandler restated a “neutral” rating and set a $68.00 target price (up previously from $61.00) on shares of Southern Missouri Bancorp in a research note on Monday, January 26th. Stephens restated an “overweight” rating and set a $73.00 price objective (up from $71.00) on shares of Southern Missouri Bancorp in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Southern Missouri Bancorp in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods lifted their price target on Southern Missouri Bancorp from $63.00 to $64.00 and gave the stock a “market perform” rating in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $68.33.

Insiders Place Their Bets

In related news, Director William E. Young sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $53.87, for a total value of $80,805.00. Following the completion of the transaction, the director directly owned 93,552 shares of the company’s stock, valued at approximately $5,039,646.24. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 15.81% of the company’s stock.

Southern Missouri Bancorp Stock Performance

Shares of Southern Missouri Bancorp stock opened at $64.56 on Friday. The stock has a market cap of $717.26 million, a price-to-earnings ratio of 11.17 and a beta of 0.99. Southern Missouri Bancorp, Inc. has a twelve month low of $45.10 and a twelve month high of $66.56. The company’s fifty day moving average is $61.68 and its 200 day moving average is $56.92. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.22.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Friday, February 6th. The savings and loans company reported $1.61 earnings per share for the quarter. Southern Missouri Bancorp had a return on equity of 11.92% and a net margin of 20.80%.The business had revenue of $49.65 million during the quarter. Sell-side analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.25 dividend. The ex-dividend date is Friday, February 13th. This represents a $1.00 annualized dividend and a yield of 1.5%. Southern Missouri Bancorp’s dividend payout ratio is presently 17.30%.

Southern Missouri Bancorp Profile

Southern Missouri Bancorp, Inc (NASDAQ: SMBC) is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.

Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.