Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Sells $26,185.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director William E. Young sold 500 shares of Southern Missouri Bancorp stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $52.37, for a total value of $26,185.00. Following the completion of the transaction, the director now directly owns 223,917 shares in the company, valued at $11,726,533.29. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Southern Missouri Bancorp Stock Performance

NASDAQ SMBC traded down $0.21 during trading on Tuesday, hitting $49.43. The company’s stock had a trading volume of 53,862 shares, compared to its average volume of 29,017. The firm has a market cap of $561.28 million, a P/E ratio of 10.77 and a beta of 0.97. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp, Inc. has a 52 week low of $37.74 and a 52 week high of $58.03. The firm has a 50 day moving average price of $45.35 and a 200 day moving average price of $43.72.

Southern Missouri Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, August 15th. This is a boost from Southern Missouri Bancorp’s previous quarterly dividend of $0.21. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.86%. Southern Missouri Bancorp’s payout ratio is currently 20.04%.

Hedge Funds Weigh In On Southern Missouri Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the business. FORVIS Wealth Advisors LLC bought a new stake in Southern Missouri Bancorp in the first quarter valued at about $861,000. BTC Capital Management Inc. acquired a new position in shares of Southern Missouri Bancorp during the first quarter worth about $801,000. First Financial Bankshares Inc acquired a new position in shares of Southern Missouri Bancorp during the fourth quarter worth about $822,000. ACR Alpine Capital Research LLC boosted its position in Southern Missouri Bancorp by 36.1% during the first quarter. ACR Alpine Capital Research LLC now owns 48,735 shares of the savings and loans company’s stock valued at $2,130,000 after purchasing an additional 12,925 shares during the last quarter. Finally, Epoch Investment Partners Inc. boosted its position in Southern Missouri Bancorp by 4.8% during the fourth quarter. Epoch Investment Partners Inc. now owns 272,500 shares of the savings and loans company’s stock valued at $14,549,000 after purchasing an additional 12,375 shares during the last quarter. Institutional investors and hedge funds own 49.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $51.00 price target (down from $53.00) on shares of Southern Missouri Bancorp in a research report on Wednesday, May 1st.

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 interest-bearing and noninterest-bearing transaction accounts, money market deposit accounts, saving accounts, certificates of deposit, and retirement savings plans.