ACR Alpine Capital Research LLC Purchases 1,227 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

ACR Alpine Capital Research LLC increased its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,810 shares of the savings and loans company’s stock after acquiring an additional 1,227 shares during the period. Southern Missouri Bancorp makes up about 0.1% of ACR Alpine Capital Research LLC’s holdings, making the stock its 26th biggest position. ACR Alpine Capital Research LLC’s holdings in Southern Missouri Bancorp were worth $1,912,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC raised its stake in Southern Missouri Bancorp by 2.0% in the third quarter. FMR LLC now owns 807,087 shares of the savings and loans company’s stock valued at $31,226,000 after purchasing an additional 15,771 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Southern Missouri Bancorp by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 552,438 shares of the savings and loans company’s stock worth $21,374,000 after acquiring an additional 10,709 shares during the last quarter. Epoch Investment Partners Inc. grew its position in Southern Missouri Bancorp by 1.5% in the third quarter. Epoch Investment Partners Inc. now owns 260,125 shares of the savings and loans company’s stock worth $10,064,000 after acquiring an additional 3,743 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Southern Missouri Bancorp by 0.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 92,279 shares of the savings and loans company’s stock valued at $3,570,000 after acquiring an additional 432 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Southern Missouri Bancorp by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 51,200 shares of the savings and loans company’s stock valued at $1,981,000 after acquiring an additional 430 shares during the last quarter. 49.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on SMBC shares. StockNews.com upgraded Southern Missouri Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $51.00 target price (down previously from $53.00) on shares of Southern Missouri Bancorp in a report on Wednesday, May 1st.

Southern Missouri Bancorp Trading Down 0.8 %

SMBC stock traded down $0.32 during trading on Tuesday, reaching $40.98. The company had a trading volume of 38,673 shares, compared to its average volume of 23,512. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.97 and a quick ratio of 0.97. Southern Missouri Bancorp, Inc. has a 52 week low of $31.12 and a 52 week high of $55.45. The business has a 50 day moving average of $41.97 and a 200 day moving average of $44.69. The company has a market cap of $465.94 million, a P/E ratio of 9.00 and a beta of 0.95.

Southern Missouri Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Tuesday, May 14th. Southern Missouri Bancorp’s payout ratio is presently 18.30%.

Insider Activity at Southern Missouri Bancorp

In other news, Director Sammy A. Schalk sold 913 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $44.22, for a total value of $40,372.86. Following the sale, the director now directly owns 93,442 shares of the company’s stock, valued at approximately $4,132,005.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 17.41% of the stock is currently owned by corporate insiders.

Southern Missouri Bancorp Profile

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.