Southern Missouri Bancorp (SMBC) Downgraded by BidaskClub

Southern Missouri Bancorp (NASDAQ:SMBC) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Shares of Southern Missouri Bancorp stock opened at $32.70 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.65. Southern Missouri Bancorp has a 52-week low of $30.29 and a 52-week high of $41.49. The company has a market capitalization of $302.89 million, a PE ratio of 12.85 and a beta of 0.74.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings data on Tuesday, October 23rd. The savings and loans company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.08. Southern Missouri Bancorp had a net margin of 24.18% and a return on equity of 13.84%. The firm had revenue of $20.60 million for the quarter.

Large investors have recently added to or reduced their stakes in the business. MetLife Investment Advisors LLC grew its position in Southern Missouri Bancorp by 54.7% during the 3rd quarter. MetLife Investment Advisors LLC now owns 5,556 shares of the savings and loans company’s stock worth $207,000 after purchasing an additional 1,964 shares during the last quarter. Rhumbline Advisers purchased a new stake in Southern Missouri Bancorp during the 2nd quarter worth approximately $265,000. California Public Employees Retirement System grew its position in Southern Missouri Bancorp by 9.3% during the 2nd quarter. California Public Employees Retirement System now owns 19,440 shares of the savings and loans company’s stock worth $759,000 after purchasing an additional 1,650 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Southern Missouri Bancorp by 11.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 19,708 shares of the savings and loans company’s stock worth $770,000 after purchasing an additional 1,975 shares during the last quarter. Finally, Northern Trust Corp grew its position in Southern Missouri Bancorp by 5.3% during the 2nd quarter. Northern Trust Corp now owns 77,441 shares of the savings and loans company’s stock worth $3,022,000 after purchasing an additional 3,892 shares during the last quarter. 48.83% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp Company 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. It offers various deposit instruments, including demand deposit accounts, negotiable order of withdrawal accounts, money market deposit accounts, saving accounts, certificates of deposit, and retirement savings plans.

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