Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 139.5% in the third quarter, Holdings Channel reports. The institutional investor owned 4,673 shares of the savings and loans company’s stock after buying an additional 2,722 shares during the quarter. BNP Paribas Financial Markets’ holdings in Southern Missouri Bancorp were worth $264,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. XTX Topco Ltd bought a new position in Southern Missouri Bancorp during the 2nd quarter valued at $210,000. SG Americas Securities LLC bought a new position in shares of Southern Missouri Bancorp during the third quarter worth about $233,000. Bailard Inc. acquired a new position in Southern Missouri Bancorp in the second quarter worth about $293,000. Triune Financial Partners LLC acquired a new position in Southern Missouri Bancorp in the third quarter worth about $328,000. Finally, Creative Planning increased its holdings in Southern Missouri Bancorp by 20.9% in the third quarter. Creative Planning now owns 6,610 shares of the savings and loans company’s stock valued at $373,000 after buying an additional 1,142 shares during the last quarter. Institutional investors own 49.49% of the company’s stock.

Insider Buying and Selling

In related news, Director William E. Young sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $59.90, for a total transaction of $179,700.00. Following the sale, the director now owns 48,649 shares of the company’s stock, valued at $2,914,075.10. The trade was a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 16.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SMBC shares. Piper Sandler increased their target price on Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Stephens lifted their price objective on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th.

Southern Missouri Bancorp Stock Performance

Shares of SMBC opened at $63.44 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. Southern Missouri Bancorp, Inc. has a 1 year low of $39.00 and a 1 year high of $68.69. The firm has a fifty day moving average of $62.52 and a 200-day moving average of $54.32. The company has a market cap of $715.41 million, a price-to-earnings ratio of 14.58 and a beta of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01). Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. The firm had revenue of $74.55 million during the quarter, compared to the consensus estimate of $42.48 million. As a group, equities analysts anticipate that Southern Missouri Bancorp, Inc. will post 4.9 earnings per share for the current year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend was Friday, November 15th. Southern Missouri Bancorp’s dividend payout ratio is currently 21.15%.

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.