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 dated Friday, March 14th. The stock was sold at an average price of $53.30, for a total transaction of $23,985.00. Following the completion of the transaction, the executive vice president now owns 1,190 shares in the company, valued at $63,427. This 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 Price Performance

Shares of Southern Missouri Bancorp stock traded down $0.06 on Monday, reaching $53.64. The company’s stock had a trading volume of 17,675 shares, compared to its average volume of 30,982. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average price of $57.19 and a 200-day moving average price of $58.90. The company has a market capitalization of $604.90 million, a P/E ratio of 11.71 and a beta of 0.99. Southern Missouri Bancorp, Inc. has a 52-week low of $39.00 and a 52-week high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. Analysts expect that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio is currently 20.09%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Keefe, Bruyette & Woods cut their price objective 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 reissued an “overweight” rating and issued a $76.00 price objective on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

Institutional Trading of Southern Missouri Bancorp

A number of large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in Southern Missouri Bancorp by 4.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company’s stock valued at $22,820,000 after purchasing an additional 18,623 shares during the last quarter. Geode Capital Management LLC increased its stake in Southern Missouri Bancorp by 1.0% in the third quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company’s stock valued at $12,304,000 after purchasing an additional 2,113 shares during the period. American Century Companies Inc. raised its holdings in shares of Southern Missouri Bancorp by 17.7% in the fourth quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company’s stock valued at $11,939,000 after buying an additional 31,267 shares during the last quarter. State Street Corp boosted its stake in shares of Southern Missouri Bancorp by 3.2% during the third quarter. State Street Corp now owns 198,201 shares of the savings and loans company’s stock worth $11,196,000 after buying an additional 6,135 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of Southern Missouri Bancorp by 5.3% during the fourth quarter. Franklin Resources Inc. now owns 109,664 shares of the savings and loans company’s stock worth $6,291,000 after buying an additional 5,489 shares during the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

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.