Bank of New York Mellon Corp grew its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 13.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,955 shares of the savings and loans company’s stock after acquiring an additional 2,932 shares during the period. Bank of New York Mellon Corp owned 0.28% of Southern Missouri Bancorp worth $773,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. First Trust Advisors LP acquired a new stake in Southern Missouri Bancorp during the second quarter worth approximately $522,000. Bessemer Group Inc. lifted its position in Southern Missouri Bancorp by 4.4% during the second quarter. Bessemer Group Inc. now owns 9,500 shares of the savings and loans company’s stock worth $306,000 after acquiring an additional 400 shares during the last quarter. Rhumbline Advisers acquired a new stake in Southern Missouri Bancorp during the second quarter worth approximately $201,000. Finally, Schwab Charles Investment Management Inc. lifted its position in Southern Missouri Bancorp by 64.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 12,833 shares of the savings and loans company’s stock worth $414,000 after acquiring an additional 5,033 shares during the last quarter. Institutional investors and hedge funds own 47.68% of the company’s stock.
Southern Missouri Bancorp, Inc. (NASDAQ SMBC) traded down $0.38 during midday trading on Friday, hitting $36.84. 5,000 shares of the stock were exchanged, compared to its average volume of 20,337. The firm has a market capitalization of $319.77, a P/E ratio of 17.39 and a beta of 0.70. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.34. Southern Missouri Bancorp, Inc. has a 52 week low of $25.04 and a 52 week high of $39.80.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.44 dividend on an annualized basis and a yield of 1.19%. Southern Missouri Bancorp’s dividend payout ratio (DPR) is 20.56%.
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Separately, BidaskClub downgraded shares of Southern Missouri Bancorp from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th.
In other Southern Missouri Bancorp news, Director Douglas Bagby sold 9,402 shares of the business’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $31.67, for a total transaction of $297,761.34. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Charles R. Love sold 800 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $32.17, for a total transaction of $25,736.00. The disclosure for this sale can be found here. Company insiders own 17.86% of the company’s stock.
Southern Missouri Bancorp Profile
Southern Missouri Bancorp, Inc is the holding company for Southern Bank (the Bank). The principal business of the Bank consists primarily of attracting retail deposits from the public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines (FHLB), and brokered deposits.
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