Bank of Montreal Can Buys New Position in Southern Missouri Bancorp, Inc. (SMBC)

Bank of Montreal Can bought a new stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) during the second quarter, Holdings Channel reports. The fund bought 34,616 shares of the savings and loans company’s stock, valued at approximately $1,351,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MetLife Investment Advisors LLC bought a new stake in shares of Southern Missouri Bancorp during the 4th quarter valued at about $135,000. Alliancebernstein L.P. bought a new stake in shares of Southern Missouri Bancorp during the 4th quarter valued at about $203,000. Millennium Management LLC bought a new stake in shares of Southern Missouri Bancorp during the 4th quarter valued at about $246,000. Wells Fargo & Company MN boosted its stake in shares of Southern Missouri Bancorp by 24.0% during the 4th quarter. Wells Fargo & Company MN now owns 9,455 shares of the savings and loans company’s stock valued at $355,000 after purchasing an additional 1,833 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Southern Missouri Bancorp by 16.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 17,733 shares of the savings and loans company’s stock valued at $650,000 after purchasing an additional 2,500 shares in the last quarter. 47.05% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on SMBC shares. BidaskClub lowered shares of Southern Missouri Bancorp from a “hold” rating to a “sell” rating in a research note on Monday, May 14th. Keefe, Bruyette & Woods initiated coverage on shares of Southern Missouri Bancorp in a research report on Thursday, May 17th. They set a “market perform” rating for the company.

Shares of NASDAQ SMBC opened at $39.55 on Friday. Southern Missouri Bancorp, Inc. has a 1 year low of $30.76 and a 1 year high of $41.49. The stock has a market cap of $351.43 million, a P/E ratio of 16.15 and a beta of 0.68. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.98 and a quick ratio of 0.98.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Tuesday, July 24th. The savings and loans company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.02). Southern Missouri Bancorp had a net margin of 23.06% and a return on equity of 14.49%. The business had revenue of $19.41 million for the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 31st. Investors of record on Wednesday, August 15th will be given a dividend of $0.13 per share. This is a boost from Southern Missouri Bancorp’s previous quarterly dividend of $0.11. This represents a $0.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Tuesday, August 14th.

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.

Read More: Stock Symbols and CUSIP Explained

Want to see what other hedge funds are holding SMBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southern Missouri Bancorp, Inc. (NASDAQ:SMBC).

Institutional Ownership by Quarter for Southern Missouri Bancorp (NASDAQ:SMBC)

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