Kennedy Capital Management LLC Acquires New Shares in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Kennedy Capital Management LLC bought a new stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,389 shares of the savings and loans company's stock, valued at approximately $825,000. Kennedy Capital Management LLC owned 0.13% of Southern Missouri Bancorp at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMBC. Quantbot Technologies LP acquired a new stake in shares of Southern Missouri Bancorp in the 4th quarter valued at approximately $74,000. KLP Kapitalforvaltning AS bought a new stake in Southern Missouri Bancorp in the fourth quarter valued at approximately $138,000. BNP Paribas Financial Markets boosted its position in shares of Southern Missouri Bancorp by 139.5% during the third 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 in the last quarter. AlphaQuest LLC acquired a new position in shares of Southern Missouri Bancorp in the 4th quarter valued at $273,000. Finally, SG Americas Securities LLC increased its position in shares of Southern Missouri Bancorp by 21.6% in the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company's stock valued at $288,000 after buying an additional 894 shares in the last quarter. Institutional investors own 49.49% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SMBC shares. Keefe, Bruyette & Woods reduced their target price on Southern Missouri Bancorp from $70.00 to $68.00 and set a "market perform" rating on the stock in a report on Thursday, January 30th. Stephens reiterated an "overweight" rating and set a $76.00 price objective on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

Southern Missouri Bancorp Stock Performance

Shares of SMBC stock traded up $0.14 during midday trading on Friday, hitting $49.24. 26,758 shares of the company were exchanged, compared to its average volume of 33,144. The firm has a market capitalization of $588.86 million, a P/E ratio of 10.75 and a beta of 0.88. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 0.97. Southern Missouri Bancorp, Inc. has a 52 week low of $39.00 and a 52 week high of $68.69. The firm's 50 day moving average price is $53.83 and its two-hundred day moving average price is $57.95.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last released its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. As a group, equities research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 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, February 28th. Stockholders of record on Friday, February 14th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.92 annualized dividend and a dividend yield of 1.87%. Southern Missouri Bancorp's payout ratio is 20.09%.

Insider Transactions at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director Douglas Bagby sold 7,000 shares of the business's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $59.08, for a total transaction of $413,560.00. Following the completion of the transaction, the director now owns 21,000 shares of the company's stock, valued at approximately $1,240,680. The trade was a 25.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.60% of the stock is owned by 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.