Hotchkis & Wiley Capital Management LLC Takes $3.69 Million Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Hotchkis & Wiley Capital Management LLC purchased a new stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 65,320 shares of the savings and loans company's stock, valued at approximately $3,690,000. Hotchkis & Wiley Capital Management LLC owned 0.58% of Southern Missouri Bancorp at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SMBC. XTX Topco Ltd bought a new stake in Southern Missouri Bancorp during the 2nd quarter worth about $210,000. SG Americas Securities LLC bought a new position in shares of Southern Missouri Bancorp in the third quarter worth $233,000. BNP Paribas Financial Markets raised its stake in Southern Missouri Bancorp by 139.5% in the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company's stock valued at $264,000 after purchasing an additional 2,722 shares in the last quarter. Bailard Inc. bought a new stake in Southern Missouri Bancorp during the second quarter worth $293,000. Finally, Triune Financial Partners LLC acquired a new stake in shares of Southern Missouri Bancorp in the 3rd quarter valued at approximately $328,000. Institutional investors and hedge funds own 49.49% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on SMBC. Stephens increased their target price 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 boosted their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th.

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, October 31st. The stock was 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 owns 48,649 shares in the company, valued at $2,914,075.10. The trade was a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 16.60% of the company's stock.

Southern Missouri Bancorp Trading Up 0.3 %

SMBC traded up $0.22 on Friday, hitting $65.73. 30,580 shares of the company were exchanged, compared to its average volume of 30,786. The stock has a market capitalization of $741.43 million, a PE ratio of 15.06 and a beta of 0.97. The firm has a fifty day simple moving average of $61.34 and a two-hundred day simple moving average of $53.21. 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 12 month low of $39.00 and a 12 month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last announced 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). 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 for the quarter, compared to the consensus estimate of $42.48 million. Sell-side analysts expect that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current 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 paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date was Friday, November 15th. Southern Missouri Bancorp's payout ratio is 21.15%.

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.