Epoch Investment Partners Inc. lessened its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC – Free Report) by 34.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,544 shares of the savings and loans company’s stock after selling 9,320 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.16% of Southern Missouri Bancorp worth $1,037,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clayton Financial Group LLC acquired a new position in shares of Southern Missouri Bancorp during the 4th quarter valued at about $16,579,000. Assenagon Asset Management S.A. acquired a new position in shares of Southern Missouri Bancorp during the 4th quarter valued at about $1,152,000. American Century Companies Inc. boosted its position in shares of Southern Missouri Bancorp by 10.3% during the 3rd quarter. American Century Companies Inc. now owns 275,411 shares of the savings and loans company’s stock valued at $14,476,000 after acquiring an additional 25,751 shares during the last quarter. ACR Alpine Capital Research LLC boosted its position in shares of Southern Missouri Bancorp by 71.1% during the 4th quarter. ACR Alpine Capital Research LLC now owns 91,032 shares of the savings and loans company’s stock valued at $5,382,000 after acquiring an additional 37,825 shares during the last quarter. Finally, Semanteon Capital Management LP acquired a new position in shares of Southern Missouri Bancorp during the 3rd quarter valued at about $352,000. Institutional investors and hedge funds own 49.49% of the company’s stock.
Southern Missouri Bancorp Stock Down 1.6%
SMBC stock opened at $71.16 on Tuesday. The company’s 50 day moving average price is $68.24 and its 200 day moving average price is $64.05. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 0.99. Southern Missouri Bancorp, Inc. has a fifty-two week low of $47.60 and a fifty-two week high of $73.00. The firm has a market capitalization of $784.18 million, a price-to-earnings ratio of 11.88 and a beta of 0.88.
Southern Missouri Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, May 15th. Southern Missouri Bancorp’s dividend payout ratio is presently 16.69%.
Wall Street Analysts Forecast Growth
SMBC has been the topic of several recent research reports. Keefe, Bruyette & Woods boosted their price target on shares of Southern Missouri Bancorp from $64.00 to $65.00 and gave the company a “market perform” rating in a research report on Thursday, April 9th. Piper Sandler restated a “neutral” rating and issued a $71.00 price objective (up from $68.00) on shares of Southern Missouri Bancorp in a report on Monday, April 27th. Stephens restated an “overweight” rating and issued a $76.00 price objective (up from $72.00) on shares of Southern Missouri Bancorp in a report on Friday, April 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Southern Missouri Bancorp in a research note on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $70.67.
Read Our Latest Analysis on SMBC
Insider Transactions at Southern Missouri Bancorp
In related news, EVP Richard Windes sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $69.70, for a total value of $139,400.00. Following the completion of the transaction, the executive vice president directly owned 5,375 shares of the company’s stock, valued at $374,637.50. This represents a 27.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 15.81% of the stock is owned by company insiders.
Southern Missouri Bancorp Profile
Southern Missouri Bancorp, Inc (NASDAQ: SMBC) is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.
Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.
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