UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 19.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 6,505 shares of the savings and loans company’s stock after selling 1,523 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Southern Missouri Bancorp were worth $367,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. XTX Topco Ltd purchased a new stake in Southern Missouri Bancorp during the 2nd quarter worth approximately $210,000. SG Americas Securities LLC acquired a new stake in Southern Missouri Bancorp during the third quarter worth about $233,000. BNP Paribas Financial Markets boosted its position in Southern Missouri Bancorp by 139.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock valued at $264,000 after purchasing an additional 2,722 shares during the period. Bailard Inc. bought a new position in shares of Southern Missouri Bancorp during the second quarter worth about $293,000. Finally, Triune Financial Partners LLC bought a new position in Southern Missouri Bancorp in the 3rd quarter worth about $328,000. Institutional investors and hedge funds own 49.49% of the company’s stock.

Southern Missouri Bancorp Price Performance

Shares of NASDAQ:SMBC opened at $58.53 on Friday. The company has a market cap of $660.04 million, a price-to-earnings ratio of 13.46 and a beta of 0.97. The business has a 50 day moving average price of $62.95 and a 200 day moving average price of $54.79. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp, Inc. has a twelve month low of $39.00 and a twelve month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.01). The firm had revenue of $74.55 million for the quarter, compared to the consensus estimate of $42.48 million. Southern Missouri Bancorp had a net margin of 17.44% and a return on equity of 10.18%. Research analysts predict 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 announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a dividend of $0.23 per share. The ex-dividend date was Friday, November 15th. This represents a $0.92 annualized dividend and a dividend yield of 1.57%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 21.15%.

Insider Activity

In other news, Director William E. Young sold 3,000 shares of Southern Missouri Bancorp stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the completion of the transaction, the director now owns 48,649 shares in the company, valued at approximately $2,914,075.10. The trade was a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 16.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

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

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.