Institutional inflows and outflows
A number of institutional investors and hedge funds have recently added to or reduced their holdings in SMBC. Cornercap Investment Counsel Inc. increased its holding in Southern Missouri Bancorp by 3.1% during the first quarter. Cornercap Investment Counsel Inc. now owns 10,913 shares of the $545,000 savings and loan company after purchasing an additional 332 shares last quarter. Bank of New York Mellon Corp increased its stake in Southern Missouri Bancorp by 2.0% in the first quarter. Bank of New York Mellon Corp now owns 55,629 shares of the savings and loan company, valued at $2,778,000, after buying another 1,082 shares last quarter. American Century Companies Inc. increased its stake in Southern Missouri Bancorp by 28.5% during the first quarter. American Century Companies Inc. now owns 31,368 shares of the savings and loan company worth $1,567,000 after purchasing an additional 6,964 shares last quarter. Bank of Montreal Can acquired a new stake in Southern Missouri Bancorp stock valued at approximately $208,000 during the first quarter. Finally, Acadian Asset Management LLC increased its stake in Southern Missouri Bancorp by 30.5% during the first quarter. Acadian Asset Management LLC now owns 40,282 shares of the savings and loan company worth $2,010,000 after purchasing an additional 9,406 shares last quarter. Hedge funds and other institutional investors own 50.96% of the company’s shares.
Southern Missouri Bancorp stock performance
NASDAQ SMBC traded around $1.48 on Wednesday and hit $47.50. 34,843 shares of the company were traded, compared to an average volume of 25,624. The company has a market cap of $438.38 million, a price-to-earnings ratio of 10.16 and a beta of 0.88. The stock has a 50-day moving average price of $51.37 and a 200-day moving average price of $50.25. Southern Missouri Bancorp has a 52-week low of $41.79 and a 52-week high of $58.50. The company has a gearing ratio of 0.76, a quick ratio of 1.05 and a current ratio of 1.05.
Southern Missouri Bancorp announces dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 30th. Registered investors received a dividend of $0.21 per share on Tuesday, November 15. The ex-dividend date of this dividend was Monday November 14th. That equates to an annual dividend of $0.84 and a yield of 1.77%. Southern Missouri Bancorp’s dividend payout ratio is currently 17.39%.
Analyst upgrades and downgrades
Separately, StockNews.com began coverage on shares of Southern Missouri Bancorp in a research report on Wednesday, October 12th. They gave the stock a “hold” rating.
Southern Missouri Bancorp Company Profile
Southern Missouri Bancorp, Inc functions as the bank holding company of Southern Bank, which provides banking and financial services to individual and corporate customers throughout the United States. The Company offers commercial banking, corporate finance and business services. It also offers personal banking services, including online and mobile banking, checking and savings, mortgages and refinance, and loan and credit services.
This instant news alert was generated by MarketBeat’s narrative science technology and financial data to provide readers with the fastest, most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send questions or comments about this story to [email protected]
Hear this before you consider Southern Missouri Bancorp.
MarketBeat tracks Wall Street’s best-in-class, top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes hold… and Southern Missouri Bancorp didn’t make the list.
While Southern Missouri Bancorp is currently rated a Buy by analysts, top analysts believe these five stocks are better buys.
Check out the five stocks here