Dimensional Fund Advisors LP Purchases 11,946 Shares of Southern Missouri Bancorp, Inc. $SMBC

Dimensional Fund Advisors LP increased its position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 2.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 440,839 shares of the savings and loans company’s stock after acquiring an additional 11,946 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Southern Missouri Bancorp were worth $28,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SMBC. NewEdge Advisors LLC lifted its holdings in Southern Missouri Bancorp by 105.7% in the fourth quarter. NewEdge Advisors LLC now owns 718 shares of the savings and loans company’s stock valued at $42,000 after acquiring an additional 369 shares during the period. Quarry LP purchased a new position in Southern Missouri Bancorp in the third quarter worth about $66,000. Raymond James Financial Inc. bought a new stake in shares of Southern Missouri Bancorp during the 2nd quarter valued at about $93,000. Strs Ohio bought a new stake in shares of Southern Missouri Bancorp during the 1st quarter valued at about $94,000. Finally, Aquatic Capital Management LLC increased its position in shares of Southern Missouri Bancorp by 140.8% during the 3rd quarter. Aquatic Capital Management LLC now owns 1,946 shares of the savings and loans company’s stock valued at $102,000 after purchasing an additional 1,138 shares during the last quarter. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Stock Performance

Shares of SMBC opened at $78.86 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.22. The business has a 50-day simple moving average of $74.36 and a two-hundred day simple moving average of $68.25. The stock has a market cap of $869.04 million, a price-to-earnings ratio of 12.26 and a beta of 0.86. Southern Missouri Bancorp, Inc. has a 52 week low of $47.60 and a 52 week high of $79.86.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.31. Southern Missouri Bancorp had a return on equity of 12.72% and a net margin of 22.63%.The firm had revenue of $51.77 million for the quarter, compared to analysts’ expectations of $51.14 million. On average, analysts expect that Southern Missouri Bancorp, Inc. will post 6.9 EPS for the current year.

Southern Missouri Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. This is a positive change from Southern Missouri Bancorp’s previous quarterly dividend of $0.25. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 15.55%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SMBC shares. Stephens reiterated an “overweight” rating and issued a $76.00 price objective (up from $72.00) on shares of Southern Missouri Bancorp in a research note on Friday, April 24th. Keefe, Bruyette & Woods boosted their target price on shares of Southern Missouri Bancorp from $75.00 to $83.00 and gave the company a “market perform” rating in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern Missouri Bancorp in a report on Thursday, June 4th. Piper Sandler reiterated a “neutral” rating and issued a $83.00 price target (up from $79.00) on shares of Southern Missouri Bancorp in a research report on Monday, July 27th. Finally, Wall Street Zen upgraded shares of Southern Missouri Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $80.67.

Insider Buying and Selling

In other Southern Missouri Bancorp news, EVP Richard Windes sold 2,000 shares of Southern Missouri Bancorp 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 transaction, the executive vice president owned 5,375 shares of the company’s stock, valued at $374,637.50. The trade was a 27.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 15.81% of the company’s stock.

Southern Missouri Bancorp Profile

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.