Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. boosted its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 48.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 104,175 shares of the savings and loans company's stock after purchasing an additional 33,902 shares during the quarter. Franklin Resources Inc. owned about 0.92% of Southern Missouri Bancorp worth $6,105,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Rhumbline Advisers grew its stake in shares of Southern Missouri Bancorp by 1.9% during the 2nd quarter. Rhumbline Advisers now owns 14,347 shares of the savings and loans company's stock valued at $646,000 after buying an additional 263 shares during the period. Jane Street Group LLC boosted its holdings in Southern Missouri Bancorp by 11.8% in the third quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company's stock valued at $476,000 after acquiring an additional 889 shares during the last quarter. Empowered Funds LLC grew its position in Southern Missouri Bancorp by 4.9% during the third quarter. Empowered Funds LLC now owns 19,899 shares of the savings and loans company's stock valued at $1,124,000 after acquiring an additional 938 shares during the period. Creative Planning increased its stake in Southern Missouri Bancorp by 20.9% during the third quarter. Creative Planning now owns 6,610 shares of the savings and loans company's stock worth $373,000 after acquiring an additional 1,142 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in Southern Missouri Bancorp by 11.1% during the second quarter. Victory Capital Management Inc. now owns 20,000 shares of the savings and loans company's stock worth $900,000 after acquiring an additional 2,000 shares during the last quarter. Institutional investors and hedge funds own 49.49% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on SMBC shares. Stephens boosted their target price on Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th. Piper Sandler lifted 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 report on Wednesday, October 30th.

Southern Missouri Bancorp Stock Down 0.2 %

Shares of SMBC stock traded down $0.12 during trading hours on Monday, reaching $58.41. The company had a trading volume of 52,776 shares, compared to its average volume of 30,841. The stock's fifty day simple moving average is $62.95 and its 200 day simple moving average is $54.98. The company has a market capitalization of $658.69 million, a P/E ratio of 13.43 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 twelve month low of $39.00 and a twelve month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 17.44% and a return on equity of 10.18%. As a group, sell-side analysts expect that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders 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 dividend on an annualized basis and a yield of 1.58%. Southern Missouri Bancorp's dividend payout ratio is currently 21.15%.

Insider Buying and Selling at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction 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 transaction, the director now directly owns 48,649 shares in the company, 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 SEC, which is available through this link. 16.60% of the stock is currently owned by corporate insiders.

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.