Franklin Resources Inc. increased its holdings in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 48.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,175 shares of the savings and loans company's stock after purchasing an additional 33,902 shares during the period. Franklin Resources Inc. owned approximately 0.92% of Southern Missouri Bancorp worth $6,105,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of SMBC. Charles Schwab Investment Management Inc. boosted its holdings in shares of Southern Missouri Bancorp by 147.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company's stock valued at $5,082,000 after buying an additional 53,670 shares during the period. Janus Henderson Group PLC boosted its stake in Southern Missouri Bancorp by 42.4% in the 3rd quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company's stock worth $455,000 after purchasing an additional 2,404 shares during the period. Bailard Inc. bought a new position in Southern Missouri Bancorp during the 2nd quarter worth about $293,000. Assenagon Asset Management S.A. raised its stake in shares of Southern Missouri Bancorp by 103.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 36,889 shares of the savings and loans company's stock valued at $2,084,000 after purchasing an additional 18,756 shares during the period. Finally, Thrivent Financial for Lutherans bought a new stake in shares of Southern Missouri Bancorp in the third quarter valued at about $600,000. 49.49% of the stock is currently owned by institutional investors and hedge funds.
A number of research firms recently issued reports on SMBC. Piper Sandler increased their price objective on Southern Missouri Bancorp from $62.00 to $66.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th. Stephens raised their price target on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 30th.
Read Our Latest Research Report on SMBC
NASDAQ:SMBC opened at $58.53 on Monday. Southern Missouri Bancorp, Inc. has a 52-week low of $39.00 and a 52-week high of $68.69. The company has a market cap of $660.04 million, a P/E ratio of 13.46 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.98 and a current ratio of 0.98. The stock's 50-day simple moving average is $62.95 and its 200 day simple moving average is $54.89.
Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The savings and loans company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.01). The company had revenue of $74.55 million for the quarter, compared to analyst estimates of $42.48 million. Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. As a group, sell-side analysts forecast that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.57%. The ex-dividend date was Friday, November 15th. Southern Missouri Bancorp's dividend payout ratio (DPR) is currently 21.15%.
In other news, Director William E. Young sold 3,000 shares of the company's stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the sale, the director now directly owns 48,649 shares of the company's stock, valued at approximately $2,914,075.10. This represents a 5.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 16.60% of the company's stock.
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 deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.
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