Insider Buying: Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) CEO Acquires 1,000 Shares of Stock

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC – Get Rating) CEO Greg A. Steffens purchased 1,000 shares of the stock in a transaction that occurred on Friday, March 10th. The shares were purchased at an average price of $40.76 per share, for a total transaction of $40,760.00. Following the completion of the purchase, the chief executive officer now directly owns 217,283 shares of the company’s stock, valued at $8,856,455.08. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Southern Missouri Bancorp Trading Down 7.4 %

SMBC stock opened at $37.92 on Tuesday. Southern Missouri Bancorp, Inc. has a 1-year low of $37.61 and a 1-year high of $56.04. The firm has a market cap of $428.88 million, a P/E ratio of 8.00 and a beta of 0.90. The business’s 50 day moving average is $46.78 and its 200-day moving average is $49.35. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 28th. Stockholders of record on Wednesday, February 15th were paid a $0.21 dividend. The ex-dividend date was Tuesday, February 14th. This represents a $0.84 annualized dividend and a dividend yield of 2.22%. Southern Missouri Bancorp’s dividend payout ratio is currently 17.72%.

Institutional Investors Weigh In On Southern Missouri Bancorp

Several large investors have recently modified their holdings of SMBC. Mercer Global Advisors Inc. ADV bought a new stake in shares of Southern Missouri Bancorp in the 3rd quarter valued at approximately $4,623,000. FJ Capital Management LLC grew its position in Southern Missouri Bancorp by 22.9% during the 4th quarter. FJ Capital Management LLC now owns 425,310 shares of the savings and loans company’s stock worth $19,492,000 after acquiring an additional 79,310 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Southern Missouri Bancorp by 350.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 35,570 shares of the savings and loans company’s stock worth $1,610,000 after acquiring an additional 27,674 shares during the last quarter. First Trust Advisors LP bought a new stake in Southern Missouri Bancorp during the 3rd quarter worth approximately $1,208,000. Finally, Vanguard Group Inc. grew its position in Southern Missouri Bancorp by 5.5% during the 1st quarter. Vanguard Group Inc. now owns 407,986 shares of the savings and loans company’s stock worth $20,379,000 after acquiring an additional 21,251 shares during the last quarter. 51.61% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp Company Profile

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Southern Missouri Bancorp, Inc is as a holding company, which engages in the provision of financial services. The firm focuses on attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines (“”FHLB””), and, to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans.