Insider Selling: Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Sells $23,985.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Brett Dorton sold 450 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $53.30, for a total value of $23,985.00. Following the sale, the executive vice president now directly owns 1,190 shares in the company, valued at $63,427. This trade represents a 27.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Southern Missouri Bancorp Stock Performance

NASDAQ:SMBC opened at $54.44 on Thursday. Southern Missouri Bancorp, Inc. has a fifty-two week low of $39.00 and a fifty-two week high of $68.69. The stock’s fifty day moving average is $57.07 and its 200 day moving average is $58.82. The firm has a market capitalization of $613.92 million, a PE ratio of 11.89 and a beta of 0.99. 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) 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%. On average, sell-side analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 20.09%.

Institutional Investors Weigh In On Southern Missouri Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP purchased a new position in shares of Southern Missouri Bancorp in the fourth quarter worth about $74,000. KLP Kapitalforvaltning AS purchased a new position in shares of Southern Missouri Bancorp in the fourth quarter worth about $138,000. Lazard Asset Management LLC raised its stake in shares of Southern Missouri Bancorp by 147.5% in the fourth quarter. Lazard Asset Management LLC now owns 3,542 shares of the savings and loans company’s stock worth $202,000 after purchasing an additional 2,111 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new position in shares of Southern Missouri Bancorp in the fourth quarter worth about $220,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Southern Missouri Bancorp by 139.5% in 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 during the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SMBC. Keefe, Bruyette & Woods decreased their price objective 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 reaffirmed an “overweight” rating and set a $76.00 price objective on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

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.