GSA Capital Partners LLP Boosts Stock Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

GSA Capital Partners LLP grew its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 94.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,642 shares of the savings and loans company's stock after acquiring an additional 9,566 shares during the quarter. GSA Capital Partners LLP owned about 0.17% of Southern Missouri Bancorp worth $1,110,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC raised its stake in shares of Southern Missouri Bancorp by 105.4% during the 3rd 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 last quarter. Triune Financial Partners LLC purchased a new position in Southern Missouri Bancorp in the 3rd quarter valued at about $328,000. Assenagon Asset Management S.A. increased its stake in Southern Missouri Bancorp by 103.4% during the 3rd 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 in the last quarter. Creative Planning lifted its position in shares of Southern Missouri Bancorp by 20.9% in the third quarter. Creative Planning now owns 6,610 shares of the savings and loans company's stock valued at $373,000 after acquiring an additional 1,142 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Southern Missouri Bancorp in the 3rd quarter valued at $233,000. Hedge funds and other institutional investors own 49.49% of the company's stock.

Analyst Ratings Changes

SMBC has been the subject of a number of analyst reports. Stephens upped their price target on Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an "overweight" rating in a research report on Wednesday, October 30th. Piper Sandler increased their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th.

Southern Missouri Bancorp Trading Down 0.3 %

Shares of SMBC traded down $0.20 during trading on Friday, reaching $65.77. 20,059 shares of the company traded hands, compared to its average volume of 31,129. The stock has a 50-day simple moving average of $58.44 and a 200-day simple moving average of $50.89. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp, Inc. has a twelve month low of $39.00 and a twelve month high of $68.54. The stock has a market cap of $741.89 million, a PE ratio of 15.12 and a beta of 0.95.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last announced its earnings results 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). Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. The firm had revenue of $74.55 million during the quarter, compared to analysts' expectations of $42.48 million. On average, analysts anticipate that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Friday, November 15th. Southern Missouri Bancorp's dividend payout ratio (DPR) is 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 firm's 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 completion of the transaction, the director now owns 48,649 shares of the company's stock, valued at $2,914,075.10. This trade represents a 5.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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.