Maltese Capital Management LLC Buys Shares of 60,110 Southern Missouri Bancorp, Inc. $SMBC

Maltese Capital Management LLC bought a new stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) in the 4th quarter, Holdings Channel reports. The institutional investor bought 60,110 shares of the savings and loans company’s stock, valued at approximately $3,554,000.

Several other large investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in 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 last quarter. Swiss National Bank raised its position in Southern Missouri Bancorp by 2.2% in the fourth quarter. Swiss National Bank now owns 18,953 shares of the savings and loans company’s stock valued at $1,121,000 after purchasing an additional 400 shares during the last quarter. Rhumbline Advisers raised its position in Southern Missouri Bancorp by 3.5% in the second quarter. Rhumbline Advisers now owns 15,136 shares of the savings and loans company’s stock valued at $829,000 after purchasing an additional 518 shares during the last quarter. SG Americas Securities LLC raised its position in Southern Missouri Bancorp by 11.0% in the fourth quarter. SG Americas Securities LLC now owns 5,537 shares of the savings and loans company’s stock valued at $327,000 after purchasing an additional 550 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Southern Missouri Bancorp by 2.6% in the third quarter. Russell Investments Group Ltd. now owns 31,840 shares of the savings and loans company’s stock valued at $1,674,000 after purchasing an additional 801 shares during the last quarter. 49.49% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Southern Missouri Bancorp Trading Down 1.6%

Shares of SMBC stock opened at $71.16 on Tuesday. The stock has a market cap of $784.18 million, a price-to-earnings ratio of 11.88 and a beta of 0.88. The stock has a 50-day moving average of $68.24 and a 200-day moving average of $64.05. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. Southern Missouri Bancorp, Inc. has a 1-year low of $47.60 and a 1-year high of $73.00.

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

Southern Missouri Bancorp Dividend Announcement

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

Insider Buying and Selling at Southern Missouri Bancorp

In other news, EVP Richard Windes sold 2,000 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $69.70, for a total value of $139,400.00. Following the completion of the sale, the executive vice president owned 5,375 shares of the company’s stock, valued at approximately $374,637.50. This represents a 27.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 15.81% of the company’s stock.

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.