Forvis Mazars Wealth Advisors LLC Has $1.14 Million Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Forvis Mazars Wealth Advisors LLC raised its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,909 shares of the savings and loans company’s stock after purchasing an additional 200 shares during the period. Forvis Mazars Wealth Advisors LLC owned 0.18% of Southern Missouri Bancorp worth $1,142,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Jane Street Group LLC grew its stake in Southern Missouri Bancorp by 11.8% in the 3rd quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company’s stock valued at $476,000 after buying an additional 889 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Southern Missouri Bancorp by 21.6% during the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock valued at $288,000 after acquiring an additional 894 shares during the period. Empowered Funds LLC grew its position in shares of Southern Missouri Bancorp by 4.9% in the third quarter. Empowered Funds LLC now owns 19,899 shares of the savings and loans company’s stock valued at $1,124,000 after purchasing an additional 938 shares during the last quarter. Creative Planning grew its position in shares of Southern Missouri Bancorp by 20.9% in the third quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock valued at $373,000 after purchasing an additional 1,142 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of 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 purchasing an additional 2,113 shares during the last quarter. Institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Trading Down 1.7 %

Shares of SMBC opened at $58.66 on Monday. The stock’s 50-day moving average price is $58.16 and its 200 day moving average price is $58.72. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $661.51 million, a price-to-earnings ratio of 12.81 and a beta of 0.99. Southern Missouri Bancorp, Inc. has a 12-month low of $39.00 and a 12-month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, topping the consensus estimate 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, research analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio is 20.09%.

Analysts Set New Price Targets

A number of analysts have issued reports on SMBC shares. Piper Sandler raised their target price on Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Stephens restated an “overweight” rating and issued a $76.00 price objective on shares of Southern Missouri Bancorp in a research note on Tuesday, January 28th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a research note on Thursday, January 30th.

Insider Transactions at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $59.08, for a total value of $413,560.00. Following the completion of the transaction, the director now owns 21,000 shares of the company’s stock, valued at $1,240,680. This represents a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.60% of the stock is owned by insiders.

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.