AlphaQuest LLC Invests $273,000 in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

AlphaQuest LLC bought a new position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,765 shares of the savings and loans company's stock, valued at approximately $273,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC increased its stake in shares of Southern Missouri Bancorp by 105.4% during the third quarter. Los Angeles Capital Management LLC now owns 12,570 shares of the savings and loans company's stock valued at $710,000 after buying an additional 6,450 shares during the period. Empowered Funds LLC grew its position in shares of Southern Missouri Bancorp by 4.9% in the 3rd quarter. Empowered Funds LLC now owns 19,899 shares of the savings and loans company's stock worth $1,124,000 after buying an additional 938 shares during the period. Thrivent Financial for Lutherans purchased a new position in Southern Missouri Bancorp during the 3rd quarter valued at about $600,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Southern Missouri Bancorp during the third quarter worth about $379,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Southern Missouri Bancorp by 147.9% in 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 purchasing an additional 53,670 shares during the period. 49.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other 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 value of $413,560.00. Following the completion of the sale, the director now owns 21,000 shares in the company, valued at approximately $1,240,680. The trade was a 25.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.60% of the stock is currently owned by insiders.

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Southern Missouri Bancorp Price Performance

SMBC traded up $0.88 on Wednesday, hitting $54.29. 6,790 shares of the company's stock traded hands, compared to its average volume of 30,932. The firm has a market cap of $612.24 million, a price-to-earnings ratio of 11.85 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, Inc. has a one year low of $39.00 and a one year high of $68.69. The company's 50 day simple moving average is $57.09 and its 200-day simple moving average is $58.85.

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 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. As a group, research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.23 dividend. 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 1.69%. Southern Missouri Bancorp's payout ratio is 20.09%.

Analysts Set New Price Targets

Several research firms have recently issued reports on SMBC. 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 report on Thursday, January 30th. Stephens reissued an "overweight" rating and issued a $76.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

Southern Missouri Bancorp 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.