Insider Selling: Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director Sells $26,185.00 in Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Director William E. Young sold 500 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $52.37, for a total value of $26,185.00. Following the completion of the transaction, the director now directly owns 223,917 shares in the company, valued at $11,726,533.29. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Southern Missouri Bancorp Stock Up 1.8 %

NASDAQ:SMBC opened at $49.51 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.97 and a quick ratio of 0.97. The company’s fifty day moving average price is $45.81 and its 200-day moving average price is $43.80. Southern Missouri Bancorp, Inc. has a 1-year low of $37.74 and a 1-year high of $58.03. The firm has a market capitalization of $562.19 million, a P/E ratio of 10.79 and a beta of 0.97.

Southern Missouri Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.23 per share. This is an increase from Southern Missouri Bancorp’s previous quarterly dividend of $0.21. This represents a $0.92 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Thursday, August 15th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 20.04%.

Hedge Funds Weigh In On Southern Missouri Bancorp

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Southern Missouri Bancorp by 0.7% during the first quarter. Vanguard Group Inc. now owns 578,818 shares of the savings and loans company’s stock worth $25,300,000 after acquiring an additional 3,821 shares during the period. Epoch Investment Partners Inc. boosted its position in Southern Missouri Bancorp by 4.8% in the 4th quarter. Epoch Investment Partners Inc. now owns 272,500 shares of the savings and loans company’s stock worth $14,549,000 after purchasing an additional 12,375 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Southern Missouri Bancorp by 23.2% during the 2nd quarter. American Century Companies Inc. now owns 145,412 shares of the savings and loans company’s stock worth $6,545,000 after purchasing an additional 27,388 shares during the period. ACR Alpine Capital Research LLC increased its holdings in shares of Southern Missouri Bancorp by 24.9% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 60,860 shares of the savings and loans company’s stock valued at $2,739,000 after purchasing an additional 12,125 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Southern Missouri Bancorp by 6.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 52,423 shares of the savings and loans company’s stock valued at $2,360,000 after purchasing an additional 3,282 shares during the period. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $51.00 price objective (down 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.