Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 2.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 18,892 shares of the savings and loans company’s stock after selling 458 shares during the period. Victory Capital Management Inc.’s holdings in Southern Missouri Bancorp were worth $1,084,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SMBC. Hotchkis & Wiley Capital Management LLC acquired a new position in Southern Missouri Bancorp during the third quarter worth approximately $3,690,000. Charles Schwab Investment Management Inc. increased its position in Southern Missouri Bancorp by 147.9% during 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 during the period. Franklin Resources Inc. increased its position 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 worth $6,105,000 after buying an additional 33,902 shares during the period. JPMorgan Chase & Co. increased its position in Southern Missouri Bancorp by 249.1% during the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company’s stock worth $1,417,000 after buying an additional 17,895 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in Southern Missouri Bancorp during the fourth quarter worth approximately $783,000. Institutional investors and hedge funds own 49.49% of the company’s stock.

Southern Missouri Bancorp Trading Up 1.9 %

NASDAQ:SMBC opened at $54.44 on Thursday. The firm has a market cap of $613.92 million, a P/E ratio of 11.89 and a beta of 0.99. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $57.07 and its 200-day simple moving average is $58.82. Southern Missouri Bancorp, Inc. has a 12-month low of $39.00 and a 12-month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) 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%. Equities analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s payout ratio is currently 20.09%.

Insider Activity at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $59.08, for a total value of $413,560.00. Following the sale, the director now directly owns 21,000 shares in the company, valued at $1,240,680. The trade was a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 16.60% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Stephens reaffirmed an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods cut their price target on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a research report 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.