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

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Brett Dorton sold 450 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $53.30, for a total transaction of $23,985.00. Following the transaction, the executive vice president now owns 1,190 shares of the company’s stock, valued at approximately $63,427. This represents a 27.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Southern Missouri Bancorp Stock Performance

Shares of SMBC opened at $53.41 on Wednesday. Southern Missouri Bancorp, Inc. has a 12 month low of $39.00 and a 12 month high of $68.69. The firm has a fifty day simple moving average of $57.09 and a 200 day simple moving average of $58.85. The stock has a market capitalization of $602.30 million, a price-to-earnings ratio of 11.66 and a beta of 0.99. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, topping 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 10.45%. Research analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 20.09%.

Institutional Trading of Southern Missouri Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in SMBC. Empowered Funds LLC raised its position in Southern Missouri Bancorp by 4.9% during the third quarter. Empowered Funds LLC now owns 19,899 shares of the savings and loans company’s stock worth $1,124,000 after acquiring an additional 938 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in Southern Missouri Bancorp during the third quarter worth $600,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Southern Missouri Bancorp during the third quarter worth $379,000. Charles Schwab Investment Management Inc. raised its position in Southern Missouri Bancorp by 147.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company’s stock worth $5,082,000 after acquiring an additional 53,670 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in Southern Missouri Bancorp by 139.5% during the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock worth $264,000 after acquiring an additional 2,722 shares in the last quarter. 49.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Keefe, Bruyette & Woods decreased their price objective 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, January 30th. Stephens restated an “overweight” rating and set a $76.00 price objective 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.