Brett Dorton Sells 450 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Get Free Report) EVP Brett Dorton sold 450 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $53.30, for a total transaction of $23,985.00. Following the completion of the sale, the executive vice president now directly owns 1,190 shares of the company's stock, valued at $63,427. This represents a 27.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Southern Missouri Bancorp Price Performance

Shares of NASDAQ:SMBC traded down $0.68 during midday trading on Friday, reaching $52.96. 24,551 shares of the company were exchanged, compared to its average volume of 30,911. The stock has a market cap of $597.17 million, a PE ratio of 11.55 and a beta of 0.99. The business's fifty day moving average is $57.04 and its two-hundred day moving average is $58.78. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. As a group, analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

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Southern Missouri Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp's payout ratio is 20.09%.

Institutional Trading of Southern Missouri Bancorp

A number of large investors have recently made changes to their positions in SMBC. Forvis Mazars Wealth Advisors LLC raised its holdings in Southern Missouri Bancorp by 1.0% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 19,909 shares of the savings and loans company's stock valued at $1,142,000 after buying an additional 200 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Southern Missouri Bancorp by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,447 shares of the savings and loans company's stock valued at $312,000 after acquiring an additional 228 shares during the period. Epoch Investment Partners Inc. lifted its holdings in shares of Southern Missouri Bancorp by 0.5% in the 4th quarter. Epoch Investment Partners Inc. now owns 52,993 shares of the savings and loans company's stock worth $3,040,000 after acquiring an additional 280 shares during the last quarter. MetLife Investment Management LLC boosted its stake in shares of Southern Missouri Bancorp by 7.5% during the 4th quarter. MetLife Investment Management LLC now owns 5,577 shares of the savings and loans company's stock worth $320,000 after purchasing an additional 391 shares during the period. Finally, Los Angeles Capital Management LLC grew its holdings in Southern Missouri Bancorp by 6.2% during the 4th quarter. Los Angeles Capital Management LLC now owns 13,350 shares of the savings and loans company's stock valued at $766,000 after purchasing an additional 780 shares during the last quarter. 49.49% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SMBC has been the subject of a number of analyst reports. Stephens reiterated an "overweight" rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods dropped their price objective on Southern Missouri Bancorp from $70.00 to $68.00 and set a "market perform" rating for the company in a research note on Thursday, January 30th.

About Southern Missouri Bancorp

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.