19,709 Shares in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Bought by FORVIS Wealth Advisors LLC

FORVIS Wealth Advisors LLC acquired a new stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) during the first quarter, according to its most recent filing with the SEC. The firm acquired 19,709 shares of the savings and loans company’s stock, valued at approximately $861,000. FORVIS Wealth Advisors LLC owned about 0.17% of Southern Missouri Bancorp at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SMBC. Denali Advisors LLC purchased a new stake in shares of Southern Missouri Bancorp in the fourth quarter valued at about $139,000. SG Americas Securities LLC increased its position in Southern Missouri Bancorp by 37.8% during the 4th quarter. SG Americas Securities LLC now owns 5,611 shares of the savings and loans company’s stock worth $300,000 after purchasing an additional 1,538 shares during the period. Los Angeles Capital Management LLC increased its position in Southern Missouri Bancorp by 18.9% during the 4th quarter. Los Angeles Capital Management LLC now owns 7,123 shares of the savings and loans company’s stock worth $380,000 after purchasing an additional 1,130 shares during the period. Assenagon Asset Management S.A. purchased a new position in shares of Southern Missouri Bancorp during the 4th quarter worth approximately $647,000. Finally, BTC Capital Management Inc. acquired a new stake in shares of Southern Missouri Bancorp in the 1st quarter valued at approximately $801,000. 49.49% of the stock is owned by institutional investors and hedge funds.

Southern Missouri Bancorp Trading Down 1.6 %

Shares of NASDAQ SMBC traded down $0.70 during midday trading on Thursday, reaching $44.14. 10,011 shares of the stock were exchanged, compared to its average volume of 25,313. The stock has a 50 day moving average price of $41.95 and a 200-day moving average price of $44.11. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $500.99 million, a P/E ratio of 9.62 and a beta of 0.97. Southern Missouri Bancorp, Inc. has a 52-week low of $37.74 and a 52-week high of $55.45.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Monday, April 29th. The savings and loans company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.93 by $0.06. Southern Missouri Bancorp had a net margin of 19.77% and a return on equity of 11.44%. The firm had revenue of $40.09 million during the quarter, compared to analysts’ expectations of $40.01 million. Equities research analysts expect that Southern Missouri Bancorp, Inc. will post 4.15 earnings per share for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Tuesday, May 14th. Southern Missouri Bancorp’s dividend payout ratio is currently 18.30%.

Insider Transactions at Southern Missouri Bancorp

In other Southern Missouri Bancorp news, Director William E. Young sold 15,000 shares of Southern Missouri Bancorp stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $41.76, for a total value of $626,400.00. Following the transaction, the director now owns 224,417 shares in the company, valued at approximately $9,371,653.92. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 17.41% of the company’s stock.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $51.00 price objective (down previously from $53.00) on shares of Southern Missouri Bancorp in a 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.