Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 61.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,097 shares of the savings and loans company’s stock after selling 6,521 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Southern Missouri Bancorp were worth $235,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. BNP Paribas Financial Markets increased its stake in shares of Southern Missouri Bancorp by 139.5% in the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock worth $264,000 after acquiring an additional 2,722 shares during the period. Zacks Investment Management purchased a new position in shares of Southern Missouri Bancorp during the 3rd quarter valued at about $273,000. AlphaQuest LLC acquired a new position in shares of Southern Missouri Bancorp in the 4th quarter valued at about $273,000. SG Americas Securities LLC boosted its stake in shares of Southern Missouri Bancorp by 21.6% in the fourth quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock worth $288,000 after buying an additional 894 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Southern Missouri Bancorp by 42.4% during the third quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company’s stock worth $455,000 after acquiring an additional 2,404 shares during the period. 49.49% of the stock is owned by hedge funds and other institutional investors.

Southern Missouri Bancorp Stock Performance

NASDAQ SMBC opened at $47.44 on Friday. The stock has a market capitalization of $567.33 million, a price-to-earnings ratio of 10.36 and a beta of 0.99. The stock has a 50-day moving average of $56.21 and a 200 day moving average of $58.52. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25. 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 announced its earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share for the quarter, topping 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%. Sell-side analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s payout ratio is 20.09%.

Insider Activity

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

Analyst Upgrades and Downgrades

SMBC has been the topic of several recent research reports. Stephens restated an “overweight” rating and issued a $76.00 price objective on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods lowered their price target 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.

Southern Missouri Bancorp 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.