Hotchkis & Wiley Capital Management LLC Takes $3.69 Million Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 65,320 shares of the savings and loans company’s stock, valued at approximately $3,690,000. Hotchkis & Wiley Capital Management LLC owned about 0.58% of Southern Missouri Bancorp as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. XTX Topco Ltd bought a new position in Southern Missouri Bancorp in the 2nd quarter valued at approximately $210,000. SG Americas Securities LLC bought a new position in Southern Missouri Bancorp in the 3rd quarter valued at approximately $233,000. BNP Paribas Financial Markets lifted its position in Southern Missouri Bancorp by 139.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock valued at $264,000 after acquiring an additional 2,722 shares in the last quarter. Bailard Inc. bought a new position in Southern Missouri Bancorp in the 2nd quarter valued at approximately $293,000. Finally, Triune Financial Partners LLC purchased a new stake in Southern Missouri Bancorp during the 3rd quarter valued at $328,000. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total transaction of $179,700.00. Following the completion of the transaction, the director now owns 48,649 shares of the company’s stock, valued at $2,914,075.10. This represents a 5.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 16.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on SMBC shares. Piper Sandler boosted their target price on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Stephens boosted their target price on shares of Southern Missouri Bancorp from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th.

Southern Missouri Bancorp Trading Down 0.2 %

NASDAQ:SMBC opened at $65.51 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $738.95 million, a price-to-earnings ratio of 15.08 and a beta of 0.97. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The business has a fifty day moving average price of $61.12 and a 200-day moving average price of $53.12.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.01). Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. The company had revenue of $74.55 million during the quarter, compared to analysts’ expectations of $42.48 million. Sell-side analysts forecast that Southern Missouri Bancorp, Inc. will post 4.9 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.92 dividend on an annualized basis and a yield of 1.40%. Southern Missouri Bancorp’s payout ratio is presently 21.15%.

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 deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.