Barclays PLC Raises Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Barclays PLC increased its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 90.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,273 shares of the savings and loans company's stock after acquiring an additional 11,996 shares during the quarter. Barclays PLC owned 0.22% of Southern Missouri Bancorp worth $1,427,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its stake 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 valued at $5,082,000 after acquiring an additional 53,670 shares during the period. Janus Henderson Group PLC grew its position in Southern Missouri Bancorp by 42.4% in the 3rd quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company's stock valued at $455,000 after purchasing an additional 2,404 shares during the period. Thrivent Financial for Lutherans bought a new stake in Southern Missouri Bancorp during the 3rd quarter valued at $600,000. Assenagon Asset Management S.A. raised its holdings in Southern Missouri Bancorp by 103.4% during the third quarter. Assenagon Asset Management S.A. now owns 36,889 shares of the savings and loans company's stock worth $2,084,000 after buying an additional 18,756 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Southern Missouri Bancorp by 6.7% in the second quarter. Bank of New York Mellon Corp now owns 52,423 shares of the savings and loans company's stock valued at $2,360,000 after buying an additional 3,282 shares in the last quarter. Institutional investors and hedge funds own 49.49% of the company's stock.

Insider Activity at Southern Missouri Bancorp

In other news, Director William E. Young sold 3,000 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $59.90, for a total transaction of $179,700.00. Following the completion of the transaction, the director now directly owns 48,649 shares of the company's stock, valued at $2,914,075.10. This represents a 5.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 16.60% of the stock is currently owned by company insiders.

Southern Missouri Bancorp Stock Down 2.7 %

SMBC traded down $1.63 during mid-day trading on Friday, reaching $57.80. 41,963 shares of the stock were exchanged, compared to its average volume of 30,923. The company has a 50 day moving average price of $62.78 and a two-hundred day moving average price of $55.49. The stock has a market capitalization of $651.81 million, a PE ratio of 13.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. Southern Missouri Bancorp, Inc. has a 1 year low of $39.00 and a 1 year high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last released its quarterly 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 for 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%. As a group, research analysts anticipate that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.59%. The ex-dividend date was Friday, November 15th. Southern Missouri Bancorp's dividend payout ratio is presently 21.15%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Piper Sandler boosted their target price on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th. Stephens boosted their price objective on Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an "overweight" rating in a 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.