Barclays PLC Grows Stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Barclays PLC grew its position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 90.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 25,273 shares of the savings and loans company’s stock after purchasing an additional 11,996 shares during the quarter. Barclays PLC’s holdings in Southern Missouri Bancorp were worth $1,427,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMBC. Bank of New York Mellon Corp raised its holdings in shares of Southern Missouri Bancorp by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 52,423 shares of the savings and loans company’s stock valued at $2,360,000 after acquiring an additional 3,282 shares in the last quarter. ACR Alpine Capital Research LLC increased its position in Southern Missouri Bancorp by 24.9% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 60,860 shares of the savings and loans company’s stock valued at $2,739,000 after purchasing an additional 12,125 shares during the period. Rhumbline Advisers raised its holdings in shares of Southern Missouri Bancorp by 1.9% in the 2nd quarter. Rhumbline Advisers now owns 14,347 shares of the savings and loans company’s stock valued at $646,000 after purchasing an additional 263 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Southern Missouri Bancorp by 11.1% in the 2nd quarter. Victory Capital Management Inc. now owns 20,000 shares of the savings and loans company’s stock worth $900,000 after purchasing an additional 2,000 shares during the period. Finally, Acadian Asset Management LLC boosted its stake in shares of Southern Missouri Bancorp by 46.5% during the second quarter. Acadian Asset Management LLC now owns 27,302 shares of the savings and loans company’s stock valued at $1,227,000 after purchasing an additional 8,662 shares in the last quarter. Institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Stock Performance

SMBC stock opened at $57.80 on Friday. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The firm has a market cap of $651.81 million, a price-to-earnings ratio of 13.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a 50-day simple moving average of $62.78 and a two-hundred day simple moving average of $55.49.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. The firm had revenue of $74.55 million for the quarter, compared to analysts’ expectations of $42.48 million. On average, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a $0.23 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.59%. Southern Missouri Bancorp’s payout ratio is 21.15%.

Insider Buying and Selling

In related news, Director William E. Young sold 3,000 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the completion of the transaction, the director now directly owns 48,649 shares of the company’s stock, valued at $2,914,075.10. This trade represents a 5.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on SMBC. Stephens boosted their price objective on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Piper Sandler lifted their price target on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th.

Southern Missouri Bancorp Company 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.