Quantbot Technologies LP purchased a new stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund purchased 1,288 shares of the savings and loans company’s stock, valued at approximately $74,000.
A number of other hedge funds also recently modified their holdings of SMBC. BNP Paribas Financial Markets increased its holdings in Southern Missouri Bancorp by 139.5% in the third 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 acquired a new stake in shares of Southern Missouri Bancorp in the third quarter valued at about $273,000. AlphaQuest LLC bought a new position in shares of Southern Missouri Bancorp during the fourth quarter worth about $273,000. SG Americas Securities LLC lifted its stake in shares of Southern Missouri Bancorp by 21.6% in the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock worth $288,000 after acquiring an additional 894 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in Southern Missouri Bancorp by 42.4% in the third quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company’s stock valued at $455,000 after acquiring an additional 2,404 shares during the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.
Insider Activity
In related news, 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 in the company, valued at approximately $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 can be accessed through this link. 16.60% of the stock is currently owned by corporate insiders.
Southern Missouri Bancorp Price Performance
Southern Missouri Bancorp (NASDAQ:SMBC – Get Free Report) last posted 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%. Sell-side analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.
Southern Missouri Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.
Wall Street Analyst Weigh In
Several research analysts have issued reports on SMBC shares. Stephens restated an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th. Keefe, Bruyette & Woods lowered 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.
Check Out Our Latest Analysis on SMBC
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.
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