Thrivent Financial for Lutherans Decreases Stock Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Thrivent Financial for Lutherans cut its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 61.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,097 shares of the savings and loans company's stock after selling 6,521 shares during the period. Thrivent Financial for Lutherans' holdings in Southern Missouri Bancorp were worth $235,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hotchkis & Wiley Capital Management LLC bought a new position in Southern Missouri Bancorp in the 3rd quarter worth about $3,690,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Southern Missouri Bancorp by 147.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company's stock worth $5,082,000 after buying an additional 53,670 shares in the last quarter. Franklin Resources Inc. grew its stake in Southern Missouri Bancorp by 48.2% during the third 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 in the last quarter. JPMorgan Chase & Co. increased its holdings in Southern Missouri Bancorp by 249.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company's stock worth $1,417,000 after acquiring an additional 17,895 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in Southern Missouri Bancorp during the 4th quarter worth approximately $783,000. Institutional investors own 49.49% of the company's stock.

Southern Missouri Bancorp Price Performance

Southern Missouri Bancorp stock traded up $2.22 during mid-day trading on Wednesday, hitting $49.82. 39,546 shares of the company traded hands, compared to its average volume of 33,098. The stock has a fifty day moving average price of $55.18 and a 200-day moving average price of $58.26. The stock has a market cap of $595.80 million, a price-to-earnings ratio of 10.88 and a beta of 0.88. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. 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 (NASDAQ:SMBC - Get Free Report) last announced its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, topping 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%. On average, equities analysts predict that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.85%. Southern Missouri Bancorp's dividend payout ratio is 20.09%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods decreased their price target on shares of 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 restated an "overweight" rating and set a $76.00 target price on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th.

Insider Buying and Selling

In other news, Director Douglas Bagby sold 7,000 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $59.08, for a total value of $413,560.00. Following the completion of the sale, the director now directly owns 21,000 shares in the company, valued at approximately $1,240,680. The trade was a 25.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 16.60% of the stock is currently owned by corporate 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.