Insider Selling: Southern Missouri Bancorp (NASDAQ:SMBC) EVP Sells $139,400.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) EVP Richard Windes sold 2,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $69.70, for a total transaction 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 approximately $374,637.50. The trade was a 27.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Richard Windes also recently made the following trade(s):

• On Thursday, May 21st, Richard Windes sold 2,000 shares of Southern Missouri Bancorp stock. The shares were sold at an average price of $68.47, for a total transaction of $136,940.00.

Southern Missouri Bancorp Trading Up 0.6%

Shares of NASDAQ SMBC opened at $71.39 on Friday. 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 52-week low of $47.60 and a 52-week high of $72.29. The firm has a 50 day moving average price of $67.95 and a two-hundred day moving average price of $63.83. The stock has a market cap of $786.72 million, a P/E ratio of 11.92 and a beta of 0.88.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.05. The business had revenue of $50.25 million for the quarter, compared to analyst estimates of $49.98 million. Southern Missouri Bancorp had a net margin of 21.36% and a return on equity of 12.05%. As a group, equities analysts forecast that Southern Missouri Bancorp, Inc. will post 6.25 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, May 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is presently 16.69%.

Institutional Trading of Southern Missouri Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of SMBC. AQR Capital Management LLC raised its position in shares of Southern Missouri Bancorp by 122.9% in the first quarter. AQR Capital Management LLC now owns 9,623 shares of the savings and loans company’s stock valued at $501,000 after purchasing an additional 5,306 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Southern Missouri Bancorp by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company’s stock valued at $296,000 after purchasing an additional 234 shares during the period. Empowered Funds LLC raised its position in shares of Southern Missouri Bancorp by 8.2% in the first quarter. Empowered Funds LLC now owns 22,546 shares of the savings and loans company’s stock valued at $1,173,000 after purchasing an additional 1,702 shares during the period. Jane Street Group LLC bought a new stake in shares of Southern Missouri Bancorp in the first quarter valued at approximately $740,000. Finally, Strs Ohio bought a new stake in shares of Southern Missouri Bancorp in the first quarter valued at approximately $94,000. Institutional investors own 49.49% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on SMBC shares. Keefe, Bruyette & Woods lifted their price objective on shares of Southern Missouri Bancorp from $64.00 to $65.00 and gave the company a “market perform” rating in a report on Thursday, April 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Southern Missouri Bancorp in a report on Thursday, June 4th. Piper Sandler reiterated a “neutral” rating and set a $71.00 price objective (up from $68.00) on shares of Southern Missouri Bancorp in a report on Monday, April 27th. Finally, Stephens reiterated an “overweight” rating and set a $76.00 price objective (up from $72.00) on shares of Southern Missouri Bancorp in a report on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $70.67.

About Southern Missouri Bancorp

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.