Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Holdings Raised by Martingale Asset Management L P

Martingale Asset Management L P lifted its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 126.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,330 shares of the savings and loans company's stock after acquiring an additional 11,370 shares during the period. Martingale Asset Management L P owned 0.18% of Southern Missouri Bancorp worth $1,148,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMBC. Charles Schwab Investment Management Inc. grew its position in Southern Missouri Bancorp by 147.9% in the 3rd 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 buying an additional 53,670 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Southern Missouri Bancorp by 23.2% during the 2nd quarter. American Century Companies Inc. now owns 145,412 shares of the savings and loans company's stock worth $6,545,000 after buying an additional 27,388 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of 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 during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Southern Missouri Bancorp by 4.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 354,318 shares of the savings and loans company's stock worth $15,947,000 after buying an additional 16,085 shares during the last quarter. Finally, ACR Alpine Capital Research LLC raised its stake in shares of Southern Missouri Bancorp by 24.9% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 60,860 shares of the savings and loans company's stock worth $2,739,000 after buying an additional 12,125 shares during the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director William E. Young sold 3,000 shares of the stock in a transaction on Thursday, October 31st. The stock was 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 approximately $2,914,075.10. This represents a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 16.60% of the stock is owned by company insiders.

Analyst Ratings Changes

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

Southern Missouri Bancorp Stock Up 0.7 %

NASDAQ SMBC traded up $0.47 on Monday, reaching $66.13. The company had a trading volume of 26,390 shares, compared to its average volume of 30,846. The firm has a 50-day moving average of $60.50 and a 200-day moving average of $52.72. Southern Missouri Bancorp, Inc. has a 1 year low of $39.00 and a 1 year high of $68.69. The firm has a market capitalization of $745.89 million, a PE ratio of 15.20 and a beta of 0.95. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) 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 analyst estimates of $42.48 million. Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. On average, equities research analysts anticipate that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, November 15th. This represents a $0.92 dividend on an annualized basis and a yield of 1.39%. Southern Missouri Bancorp's payout ratio is currently 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.