Simmons Bank Purchases Shares of 20,000 Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Simmons Bank bought a new position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,000 shares of the savings and loans company’s stock, valued at approximately $645,000. Simmons Bank owned 0.27% of Southern Missouri Bancorp at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Bessemer Group Inc. grew its stake in shares of 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 valued at $306,000 after acquiring an additional 400 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Southern Missouri Bancorp by 64.5% in 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 purchasing an additional 5,033 shares in the last quarter. First Trust Advisors LP acquired a new position in Southern Missouri Bancorp in the second quarter worth about $522,000. Rhumbline Advisers acquired a new position in Southern Missouri Bancorp in the second quarter valued at approximately $201,000. Finally, Bank of New York Mellon Corp boosted its stake in Southern Missouri Bancorp by 13.9% in the second quarter. Bank of New York Mellon Corp now owns 23,955 shares of the savings and loans company’s stock valued at $773,000 after acquiring an additional 2,932 shares during the period. 47.31% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp, Inc. (NASDAQ SMBC) traded up 0.08% on Wednesday, reaching $36.30. 5,348 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $34.42 and its 200 day moving average price is $33.07. Southern Missouri Bancorp, Inc. has a 52-week low of $23.00 and a 52-week high of $37.43. The firm has a market capitalization of $311.85 million, a PE ratio of 17.54 and a beta of 0.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its earnings results on Monday, July 24th. The savings and loans company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $16.43 million for the quarter. Southern Missouri Bancorp had a net margin of 21.43% and a return on equity of 10.99%. On average, analysts predict that Southern Missouri Bancorp, Inc. will post $2.42 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Simmons Bank Purchases Shares of 20,000 Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/18/simmons-bank-acquires-new-holdings-in-southern-missouri-bancorp-inc-smbc.html.

Separately, BidaskClub cut Southern Missouri Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th.

In related news, EVP Mark E. Hecker purchased 8,405 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The shares were acquired at an average price of $32.99 per share, for a total transaction of $277,280.95. Following the completion of the acquisition, the executive vice president now directly owns 1,660 shares in the company, valued at approximately $54,763.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link

A number of other large investors also recently added to or reduced their stakes in the business. Bessemer Group Inc. grew its stake in shares of 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 valued at $306,000 after acquiring an additional 400 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Southern Missouri Bancorp by 64.5% in 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 purchasing an additional 5,033 shares in the last quarter. First Trust Advisors LP acquired a new position in Southern Missouri Bancorp in the second quarter worth about $522,000. Rhumbline Advisers acquired a new position in Southern Missouri Bancorp in the second quarter valued at approximately $201,000. Finally, Bank of New York Mellon Corp boosted its stake in Southern Missouri Bancorp by 13.9% in the second quarter. Bank of New York Mellon Corp now owns 23,955 shares of the savings and loans company’s stock valued at $773,000 after acquiring an additional 2,932 shares during the period. 47.31% of the stock is currently owned by institutional investors.

Southern Missouri Bancorp, Inc. (NASDAQ SMBC) traded up 0.08% on Wednesday, reaching $36.30. 5,348 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $34.42 and its 200 day moving average price is $33.07. Southern Missouri Bancorp, Inc. has a 52-week low of $23.00 and a 52-week high of $37.43. The firm has a market capitalization of $311.85 million, a PE ratio of 17.54 and a beta of 0.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last announced its earnings results on Monday, July 24th. The savings and loans company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $16.43 million for the quarter. Southern Missouri Bancorp had a net margin of 21.43% and a return on equity of 10.99%. On average, analysts predict that Southern Missouri Bancorp, Inc. will post $2.42 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Simmons Bank Purchases Shares of 20,000 Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/18/simmons-bank-acquires-new-holdings-in-southern-missouri-bancorp-inc-smbc.html.

Separately, BidaskClub cut Southern Missouri Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th.

In related news, EVP Mark E. Hecker purchased 8,405 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The shares were acquired at an average price of $32.99 per share, for a total transaction of $277,280.95. Following the completion of the acquisition, the executive vice president now directly owns 1,660 shares in the company, valued at approximately $54,763.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Charles R. Love sold 800 shares of Southern Missouri Bancorp stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $32.17, for a total value of $25,736.00. The disclosure for this sale can be found here. 17.86% of the stock is owned by company insiders.

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.

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

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