Assenagon Asset Management S.A. Acquires Shares of 19,479 Southern Missouri Bancorp, Inc. $SMBC

Assenagon Asset Management S.A. acquired a new stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,479 shares of the savings and loans company’s stock, valued at approximately $1,152,000. Assenagon Asset Management S.A. owned approximately 0.17% of Southern Missouri Bancorp at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in Southern Missouri Bancorp by 0.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 432,463 shares of the savings and loans company’s stock worth $22,731,000 after buying an additional 4,037 shares during the last quarter. FJ Capital Management LLC raised its stake in Southern Missouri Bancorp by 6.4% during the 3rd quarter. FJ Capital Management LLC now owns 300,944 shares of the savings and loans company’s stock valued at $15,818,000 after buying an additional 18,002 shares during the last quarter. American Century Companies Inc. raised its stake in Southern Missouri Bancorp by 10.3% during the 3rd quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company’s stock valued at $14,476,000 after buying an additional 25,751 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Southern Missouri Bancorp by 4.9% during the 2nd quarter. Geode Capital Management LLC now owns 230,664 shares of the savings and loans company’s stock valued at $12,638,000 after buying an additional 10,802 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of Southern Missouri Bancorp by 86.5% in the 3rd quarter. Millennium Management LLC now owns 100,724 shares of the savings and loans company’s stock worth $5,294,000 after buying an additional 46,730 shares during the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Southern Missouri Bancorp

In related news, Director Charles R. Love sold 580 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $64.00, for a total transaction of $37,120.00. Following the completion of the transaction, the director directly owned 15,220 shares of the company’s stock, valued at approximately $974,080. This represents a 3.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 15.81% of the company’s stock.

Southern Missouri Bancorp Stock Up 1.3%

NASDAQ SMBC opened at $63.94 on Wednesday. The stock’s 50 day moving average is $63.12 and its 200 day moving average is $58.59. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. Southern Missouri Bancorp, Inc. has a 12 month low of $45.10 and a 12 month high of $66.56. The stock has a market cap of $710.25 million, a PE ratio of 11.06 and a beta of 0.96.

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

Southern Missouri Bancorp Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Weiss Ratings raised shares of Southern Missouri Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Stephens reaffirmed an “overweight” rating and set a $73.00 target price (up from $71.00) on shares of Southern Missouri Bancorp in a report on Friday, January 23rd. Piper Sandler reiterated a “neutral” rating and issued a $68.00 price target (up from $61.00) on shares of Southern Missouri Bancorp in a research report on Monday, January 26th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Southern Missouri Bancorp from $63.00 to $64.00 and gave the company a “market perform” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $68.33.

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.