Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Purchased by Barclays PLC

Barclays PLC boosted its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 90.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,273 shares of the savings and loans company's stock after buying an additional 11,996 shares during the period. Barclays PLC owned approximately 0.22% of Southern Missouri Bancorp worth $1,427,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Southern Missouri Bancorp in the third quarter valued at $233,000. XTX Topco Ltd purchased a new position in Southern Missouri Bancorp in the second quarter worth about $210,000. BNP Paribas Financial Markets boosted its holdings in shares of 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 worth $264,000 after purchasing an additional 2,722 shares during the period. Zacks Investment Management purchased a new stake in Southern Missouri Bancorp during the 3rd quarter valued at $273,000. Finally, Triune Financial Partners LLC bought a new stake in Southern Missouri Bancorp in the third quarter worth $328,000. Hedge funds and other institutional investors own 49.49% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SMBC. Stephens increased their target price on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th. Piper Sandler raised their price objective on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 30th.

Southern Missouri Bancorp Trading Up 0.1 %

NASDAQ SMBC opened at $52.60 on Monday. Southern Missouri Bancorp, Inc. has a 12 month low of $39.00 and a 12 month high of $68.69. The company's 50-day moving average price is $62.19 and its 200-day moving average price is $56.63. The stock has a market cap of $593.17 million, a PE ratio of 12.09 and a beta of 0.99. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.26.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.01). The firm had revenue of $74.55 million during the quarter, compared to analysts' expectations of $42.48 million. Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. Equities research analysts forecast that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current year.

Southern Missouri Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.23 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.92 annualized dividend and a dividend yield of 1.75%. Southern Missouri Bancorp's dividend payout ratio is currently 21.15%.

Insider Transactions at Southern Missouri Bancorp

In other news, Director William E. Young sold 3,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the transaction, the director now owns 48,649 shares of the company's stock, valued at $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. Corporate insiders own 16.60% of the company's stock.

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.