American Century Companies Inc. Increases Stock Holdings in Southern Missouri Bancorp, Inc. $SMBC

American Century Companies Inc. lifted its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 10.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 275,411 shares of the savings and loans company’s stock after purchasing an additional 25,751 shares during the quarter. American Century Companies Inc. owned about 2.44% of Southern Missouri Bancorp worth $14,476,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Southern Missouri Bancorp during the 2nd quarter worth $93,000. Strs Ohio purchased a new stake in shares of Southern Missouri Bancorp in the first quarter valued at about $94,000. Tower Research Capital LLC TRC increased its stake in shares of Southern Missouri Bancorp by 720.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,608 shares of the savings and loans company’s stock worth $143,000 after acquiring an additional 2,290 shares during the period. SG Americas Securities LLC increased its stake in shares of 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 acquiring an additional 2,390 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 purchasing an additional 234 shares in the last quarter. 49.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on SMBC. Piper Sandler restated a “neutral” rating and issued a $68.00 price objective (up from $61.00) on shares of Southern Missouri Bancorp in a research report on Monday, January 26th. Keefe, Bruyette & Woods increased their target price on Southern Missouri Bancorp from $63.00 to $64.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 27th. Stephens reissued an “overweight” rating and issued a $73.00 price target (up from $71.00) on shares of Southern Missouri Bancorp in a report on Friday, January 23rd. Finally, Weiss Ratings upgraded Southern Missouri Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.33.

Insiders Place Their Bets

In other news, Director Charles R. Love sold 580 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $64.00, for a total value of $37,120.00. Following the completion of the transaction, the director owned 15,220 shares in the company, valued at $974,080. This trade represents a 3.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 15.81% of the company’s stock.

Southern Missouri Bancorp Trading Down 0.9%

Shares of Southern Missouri Bancorp stock opened at $61.17 on Thursday. The company has a 50-day moving average of $62.55 and a two-hundred day moving average of $58.07. Southern Missouri Bancorp, Inc. has a 12-month low of $45.10 and a 12-month high of $66.56. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. The stock has a market cap of $679.60 million, a PE ratio of 10.58 and a beta of 0.96.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings results on Friday, February 6th. The savings and loans company reported $1.61 EPS for the quarter. The business had revenue of $49.65 million for the quarter. Southern Missouri Bancorp had a return on equity of 11.92% and a net margin of 20.80%. On average, research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.00 annualized dividend and a yield of 1.6%. Southern Missouri Bancorp’s dividend payout ratio is 17.30%.

Southern Missouri Bancorp Company 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.