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

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Douglas Bagby sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were 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 $1,240,680. The trade was a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Southern Missouri Bancorp Stock Up 0.8 %

Southern Missouri Bancorp stock traded up $0.45 during trading hours on Friday, hitting $59.18. The company had a trading volume of 55,615 shares, compared to its average volume of 38,663. The firm has a market capitalization of $667.55 million, a P/E ratio of 12.92 and a beta of 0.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98. The firm’s fifty day moving average is $59.97 and its 200-day moving average is $57.65. Southern Missouri Bancorp, Inc. has a fifty-two week low of $39.00 and a fifty-two week high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last released 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, research analysts forecast that Southern Missouri Bancorp, Inc. will post 4.75 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.23 dividend. The ex-dividend date 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new stake in shares of Southern Missouri Bancorp during the 3rd quarter worth $233,000. BNP Paribas Financial Markets boosted its holdings 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 period. Zacks Investment Management bought a new stake in Southern Missouri Bancorp in the 3rd quarter valued at $273,000. Triune Financial Partners LLC bought a new stake in Southern Missouri Bancorp in the 3rd quarter valued at $328,000. Finally, Creative Planning boosted its holdings in Southern Missouri Bancorp by 20.9% in the 3rd 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 period. Institutional investors and hedge funds own 49.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Keefe, Bruyette & Woods reduced 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. Stephens restated an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday. Finally, Piper Sandler boosted their price target on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th.

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.