Acadian Asset Management LLC Grows Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Acadian Asset Management LLC lifted its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 46.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,302 shares of the savings and loans company’s stock after buying an additional 8,662 shares during the period. Acadian Asset Management LLC owned about 0.24% of Southern Missouri Bancorp worth $1,227,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SMBC. EntryPoint Capital LLC purchased a new position in shares of Southern Missouri Bancorp during the 1st quarter valued at about $25,000. BNP Paribas Financial Markets raised its holdings in shares of Southern Missouri Bancorp by 86.8% during the 1st quarter. BNP Paribas Financial Markets now owns 4,747 shares of the savings and loans company’s stock valued at $207,000 after buying an additional 2,206 shares in the last quarter. Bailard Inc. purchased a new position in shares of Southern Missouri Bancorp during the 2nd quarter valued at about $293,000. Rhumbline Advisers raised its holdings in shares of Southern Missouri Bancorp by 1.9% during the 2nd quarter. Rhumbline Advisers now owns 14,347 shares of the savings and loans company’s stock valued at $646,000 after buying an additional 263 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Southern Missouri Bancorp by 7.4% during the 1st quarter. Empowered Funds LLC now owns 17,701 shares of the savings and loans company’s stock valued at $774,000 after buying an additional 1,225 shares in the last quarter. 49.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Stephens started coverage on Southern Missouri Bancorp in a report on Tuesday, August 13th. They set an “overweight” rating and a $60.00 price objective on the stock.

Insider Transactions at Southern Missouri Bancorp

In other news, Director William E. Young sold 500 shares of Southern Missouri Bancorp stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $52.37, for a total value of $26,185.00. Following the sale, the director now directly owns 223,917 shares in the company, valued at approximately $11,726,533.29. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, Director William E. Young sold 5,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $49.57, for a total value of $247,850.00. Following the sale, the director now directly owns 218,917 shares in the company, valued at approximately $10,851,715.69. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director William E. Young sold 500 shares of Southern Missouri Bancorp stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $52.37, for a total value of $26,185.00. Following the completion of the sale, the director now owns 223,917 shares in the company, valued at $11,726,533.29. The disclosure for this sale can be found here. Corporate insiders own 17.41% of the company’s stock.

Southern Missouri Bancorp Price Performance

SMBC opened at $55.20 on Monday. The stock’s 50 day simple moving average is $52.41 and its 200 day simple moving average is $45.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.97 and a quick ratio of 0.97. Southern Missouri Bancorp, Inc. has a 1 year low of $37.74 and a 1 year high of $59.67. The firm has a market cap of $626.52 million, a price-to-earnings ratio of 12.03 and a beta of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings results on Monday, July 29th. The savings and loans company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.26. Southern Missouri Bancorp had a return on equity of 10.73% and a net margin of 18.37%. The business had revenue of $42.86 million for the quarter, compared to analyst estimates of $40.18 million. As a group, analysts predict that Southern Missouri Bancorp, Inc. will post 4.7 earnings per share for the current year.

Southern Missouri Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were given a $0.23 dividend. This is a positive change from Southern Missouri Bancorp’s previous quarterly dividend of $0.21. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend was Thursday, August 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 20.04%.

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 interest-bearing and noninterest-bearing transaction accounts, money market deposit accounts, saving accounts, certificates of deposit, and retirement savings plans.