Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 59.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,925 shares of the savings and loans company's stock after selling 21,964 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.13% of Southern Missouri Bancorp worth $856,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Southern Missouri Bancorp during the 3rd quarter worth approximately $3,690,000. Charles Schwab Investment Management Inc. increased its holdings in Southern Missouri Bancorp by 147.9% in the 3rd 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. Franklin Resources Inc. raised its position in Southern Missouri Bancorp by 48.2% during the third quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company's stock worth $6,105,000 after acquiring an additional 33,902 shares during the period. JPMorgan Chase & Co. lifted its holdings in Southern Missouri Bancorp by 249.1% during the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company's stock valued at $1,417,000 after purchasing an additional 17,895 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Southern Missouri Bancorp by 4.8% in the second quarter. Dimensional Fund Advisors LP now owns 354,318 shares of the savings and loans company's stock valued at $15,947,000 after purchasing an additional 16,085 shares during the period. 49.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Southern Missouri Bancorp

In related news, Director William E. Young sold 3,000 shares of the business's stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the sale, the director now directly owns 48,649 shares in the company, valued at approximately $2,914,075.10. The trade was a 5.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 16.60% of the stock is currently owned by insiders.

Southern Missouri Bancorp Trading Up 1.2 %

Southern Missouri Bancorp stock traded up $0.66 during trading on Friday, reaching $57.21. 31,346 shares of the company were exchanged, compared to its average volume of 29,717. The stock's 50 day simple moving average is $60.46 and its two-hundred day simple moving average is $57.28. The company has a market capitalization of $645.33 million, a P/E ratio of 13.15 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. Southern Missouri Bancorp, Inc. has a 52-week low of $39.00 and a 52-week high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01). Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. The company had revenue of $74.55 million for the quarter, compared to analysts' expectations of $42.48 million. On average, equities research analysts expect that Southern Missouri Bancorp, Inc. will post 4.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Piper Sandler raised their price target on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th. Stephens boosted their price target on Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th.

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.