Douglas Bagby Sells 7,000 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $59.08, for a total transaction of $413,560.00. Following the transaction, the director now directly owns 21,000 shares of the company’s stock, valued at approximately $1,240,680. This represents a 25.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Southern Missouri Bancorp Trading Up 0.8 %

NASDAQ SMBC opened at $59.18 on Monday. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The company has a 50-day simple moving average of $59.83 and a 200-day simple moving average of $57.84. 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 market capitalization of $667.55 million, a PE ratio of 12.92 and a beta of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.56%. On average, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 4.75 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.23 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.92 annualized dividend and a yield of 1.55%. Southern Missouri Bancorp’s dividend payout ratio is presently 20.09%.

Institutional Trading of Southern Missouri Bancorp

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in Southern Missouri Bancorp in the 3rd quarter valued at about $233,000. BNP Paribas Financial Markets lifted its position in Southern Missouri Bancorp by 139.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock valued at $264,000 after purchasing an additional 2,722 shares during the last quarter. Zacks Investment Management bought a new stake in Southern Missouri Bancorp in the 3rd quarter valued at about $273,000. Triune Financial Partners LLC bought a new stake in Southern Missouri Bancorp in the 3rd quarter valued at about $328,000. Finally, Creative Planning raised its position in shares of Southern Missouri Bancorp by 20.9% during the 3rd quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock worth $373,000 after buying an additional 1,142 shares in the last quarter. 49.49% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SMBC has been the subject of several recent analyst reports. Piper Sandler raised their price objective on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods decreased their price target on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a report on Thursday. Finally, Stephens reaffirmed an “overweight” rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

About Southern Missouri Bancorp

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.