Southern Missouri Bancorp (NASDAQ:SMBC) Given Overweight Rating at Stephens

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report)'s stock had its "overweight" rating reaffirmed by Stephens in a report issued on Tuesday,Benzinga reports. They presently have a $65.00 price target on the savings and loans company's stock. Stephens' target price indicates a potential upside of 23.32% from the company's current price.

Separately, Keefe, Bruyette & Woods lowered their price objective on shares of 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.

Southern Missouri Bancorp Stock Down 0.5 %

NASDAQ:SMBC traded down $0.29 during mid-day trading on Tuesday, hitting $52.71. 16,786 shares of the company's stock traded hands, compared to its average volume of 33,434. The company has a fifty day moving average of $52.79 and a 200 day moving average of $57.82. 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 has a twelve month low of $39.00 and a twelve month high of $68.69. The company has a market capitalization of $630.36 million, a P/E ratio of 11.51 and a beta of 0.88.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The savings and loans company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.08. The firm had revenue of $46.15 million for the quarter, compared to the consensus estimate of $45.33 million. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. On average, analysts forecast that Southern Missouri Bancorp will post 5.06 EPS for the current year.

Insider Buying and Selling

In other 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 value of $413,560.00. Following the completion of the transaction, the director now owns 21,000 shares of the company's stock, valued at $1,240,680. The trade was a 25.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 16.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SMBC. State Street Corp grew its position in Southern Missouri Bancorp by 3.2% during the third quarter. State Street Corp now owns 198,201 shares of the savings and loans company's stock valued at $11,196,000 after buying an additional 6,135 shares during the period. Jane Street Group LLC grew its holdings in Southern Missouri Bancorp by 11.8% in the third quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company's stock valued at $476,000 after purchasing an additional 889 shares during the period. Barclays PLC increased its position in shares of Southern Missouri Bancorp by 90.4% in the third quarter. Barclays PLC now owns 25,273 shares of the savings and loans company's stock valued at $1,427,000 after buying an additional 11,996 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Southern Missouri Bancorp by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company's stock valued at $12,304,000 after buying an additional 2,113 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Southern Missouri Bancorp by 48.2% in the 3rd quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company's stock valued at $6,105,000 after acquiring an additional 33,902 shares during the period. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

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.