Connor Clark & Lunn Invests $1.04 Million in Southern Missouri Bancorp
Connor Clark & Lunn Investment Management Ltd., a fund management company, has acquired a new stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC), worth approximately $1.04 million.
The investment was made during the second quarter and involves 13,681 shares of SMBC's stock. This represents about 0.12% of the company's outstanding shares.
Connor Clark & Lunn Investment Management Ltd. is not the only hedge fund that has recently changed its position in Southern Missouri Bancorp. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., Royal Bank of Canada, and NewEdge Advisors LLC have also made notable adjustments to their holdings in the company.
Analysts are currently bullish on SMBC, with one holding a buy rating and three others assigning hold ratings. The consensus price target for SMBC is $83.67 per share.