Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Brett Dorton Sells 450 Shares

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Brett Dorton sold 450 shares of Southern Missouri Bancorp stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $53.30, for a total value of $23,985.00. Following the sale, the executive vice president now owns 1,190 shares in the company, valued at $63,427. This represents a 27.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Southern Missouri Bancorp Price Performance

Shares of NASDAQ SMBC opened at $53.64 on Tuesday. Southern Missouri Bancorp, Inc. has a twelve month low of $39.00 and a twelve month high of $68.69. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $604.90 million, a price-to-earnings ratio of 11.71 and a beta of 0.99. The business has a 50 day simple moving average of $57.14 and a 200-day simple moving average of $58.88.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. As a group, equities research analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.72%. Southern Missouri Bancorp’s payout ratio is currently 20.09%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its stake in Southern Missouri Bancorp by 4.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company’s stock worth $22,820,000 after buying an additional 18,623 shares during the last quarter. Geode Capital Management LLC grew its stake in Southern Missouri Bancorp by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company’s stock worth $12,304,000 after buying an additional 2,113 shares during the last quarter. American Century Companies Inc. grew its stake in Southern Missouri Bancorp by 17.7% during the 4th quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company’s stock worth $11,939,000 after buying an additional 31,267 shares during the last quarter. State Street Corp boosted its position in Southern Missouri Bancorp by 3.2% during the 3rd quarter. State Street Corp now owns 198,201 shares of the savings and loans company’s stock worth $11,196,000 after acquiring an additional 6,135 shares during the period. Finally, Franklin Resources Inc. boosted its position in Southern Missouri Bancorp by 5.3% during the 4th quarter. Franklin Resources Inc. now owns 109,664 shares of the savings and loans company’s stock worth $6,291,000 after acquiring an additional 5,489 shares during the period. 49.49% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SMBC has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods lowered their price target on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a report on Thursday, January 30th. Stephens reiterated an “overweight” rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

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.