Southern Missouri Bancorp (NASDAQ:SMBC – Get a Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report released Saturday to clients and investors, Zacks.com reports.
According to Zacks, “SOUTHERN MO BANCORP, INC. is a bank holding company. »
Separately, StockNews.com cut shares of Southern Missouri Bancorp from a “buy” rating to a “hold” rating in a Monday, May 2, report.
Shares of NASDAQ SMBC opened at $43.88 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt ratio of 0.17. The company’s 50-day moving average price is $47.15 and its two-hundred-day moving average price is $51.71. Southern Missouri Bancorp has a 52-week low of $39.75 and a 52-week high of $61.93. The stock has a market capitalization of $390.53 million, a P/E ratio of 8.22 and a beta of 0.96.
Southern Missouri Bancorp (NASDAQ:SMBC – Get Rating) last released its results on Monday, April 25. The savings and loan company reported earnings per share (EPS) of $1.03 for the quarter, missing analyst consensus estimates of $1.25 per ($0.22). Southern Missouri Bancorp had a return on equity of 16.30% and a net margin of 36.05%. As a group, equity research analysts expect Southern Missouri Bancorp to post earnings per share of 5.14 for the current year.
Separately, director David J. Tooley acquired 4,500 shares in a transaction that took place on Friday, April 29. The shares were acquired at an average price of $42.38 per share, for a total transaction of $190,710.00. Following the completion of the purchase, the director now directly owns 50,000 shares of the company, valued at $2,119,000. The purchase was disclosed in a document filed with the SEC, accessible via this hyperlink. Additionally, CEO Greg A. Steffens acquired 1,000 shares in a transaction that took place on Friday, April 29. The shares were purchased at an average price of $42.47 per share, for a total transaction of $42,470.00. As a result of the purchase, the CEO now directly owns 215,533 shares of the company, valued at $9,153,686.51. Disclosure of this purchase can be found here. Insiders hold 15.75% of the shares of the company.
Hedge funds and other institutional investors have recently been buying and selling stocks. Moors & Cabot Inc. acquired a new position in Southern Missouri Bancorp in the third quarter worth approximately $28,000. Copeland Capital Management LLC acquired a new position in Southern Missouri Bancorp in the fourth quarter worth approximately $36,000. Citigroup Inc. increased its position in Southern Missouri Bancorp by 140.6% in the third quarter. Citigroup Inc. now owns 883 shares of the savings and loan company worth $40,000 after buying 516 more shares in the last quarter. Marshall Wace LLP acquired a new position in Southern Missouri Bancorp in the first quarter worth approximately $44,000. Finally, Denali Advisors LLC acquired a new position in Southern Missouri Bancorp in the fourth quarter worth approximately $68,000. Institutional investors and hedge funds own 52.68% of the company’s shares.
About Southern Missouri Bancorp (Get an evaluation)
Southern Missouri Bancorp, Inc operates as a bank holding company for Southern Bank which provides banking and financial services to individuals and businesses in the United States. The Company offers business banking, business financing and business services. It also provides personal banking services, which includes online and mobile banking, checking and savings, mortgages and refinancing, and loan and credit services.
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