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Royce & Associates LP Decreases Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Defense World ·  Aug 7, 2022 18:21

Royce & Associates LP decreased its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC – Get Rating) by 85.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,411 shares of the savings and loans company's stock after selling 51,039 shares during the quarter. Royce & Associates LP owned approximately 0.09% of Southern Missouri Bancorp worth $420,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American Century Companies Inc. grew its stake in shares of Southern Missouri Bancorp by 32.1% during the 4th quarter. American Century Companies Inc. now owns 24,404 shares of the savings and loans company's stock worth $1,273,000 after acquiring an additional 5,928 shares during the period. Renaissance Technologies LLC boosted its stake in Southern Missouri Bancorp by 2.3% in the 4th quarter. Renaissance Technologies LLC now owns 133,477 shares of the savings and loans company's stock worth $6,963,000 after purchasing an additional 2,943 shares during the period. Epoch Investment Partners Inc. bought a new position in Southern Missouri Bancorp in the 4th quarter worth about $10,640,000. Acadian Asset Management LLC boosted its stake in Southern Missouri Bancorp by 55.7% in the 4th quarter. Acadian Asset Management LLC now owns 30,876 shares of the savings and loans company's stock worth $1,610,000 after purchasing an additional 11,045 shares during the period. Finally, HYA Advisors Inc boosted its position in shares of Southern Missouri Bancorp by 0.4% during the 1st quarter. HYA Advisors Inc now owns 89,865 shares of the savings and loans company's stock valued at $4,489,000 after acquiring an additional 347 shares during the last quarter. Institutional investors own 52.68% of the company's stock.

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Southern Missouri Bancorp Trading Up 0.6 %

NASDAQ SMBC opened at $53.07 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.20. Southern Missouri Bancorp, Inc. has a twelve month low of $39.75 and a twelve month high of $61.93. The firm has a market capitalization of $494.08 million, a PE ratio of 10.17 and a beta of 0.98. The stock's 50 day moving average is $47.02 and its 200 day moving average is $48.46.

Southern Missouri Bancorp (NASDAQ:SMBC – Get Rating) last released its quarterly earnings results on Monday, July 25th. The savings and loans company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.08. Southern Missouri Bancorp had a return on equity of 15.37% and a net margin of 34.13%. The company had revenue of $34.26 million for the quarter, compared to analyst estimates of $32.65 million. Research analysts forecast that Southern Missouri Bancorp, Inc. will post 5.7 earnings per share for the current fiscal year.

Southern Missouri Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.58%. This is an increase from Southern Missouri Bancorp's previous quarterly dividend of $0.20. The ex-dividend date is Friday, August 12th. Southern Missouri Bancorp's payout ratio is 15.33%.

Analyst Ratings Changes

A number of brokerages recently weighed in on SMBC. StockNews.com cut Southern Missouri Bancorp from a "buy" rating to a "hold" rating in a report on Monday, May 2nd. Piper Sandler boosted their target price on Southern Missouri Bancorp to $56.00 and gave the company an "outperform" rating in a research note on Wednesday, July 27th.

About Southern Missouri Bancorp

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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 business banking, business financing, and business services. It also provides personal banking services, which include online and mobile banking, checking and savings, mortgage and refinance, and loans and credit services.

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