Teacher Retirement System of Texas Purchases 2,017 Shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Teacher Retirement System of Texas grew its position in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 18.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,091 shares of the savings and loans company’s stock after purchasing an additional 2,017 shares during the period. Teacher Retirement System of Texas’ holdings in Southern Missouri Bancorp were worth $751,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in Southern Missouri Bancorp by 147.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 89,957 shares of the savings and loans company’s stock valued at $5,082,000 after purchasing an additional 53,670 shares during the period. Barclays PLC grew its position in shares of Southern Missouri Bancorp by 90.4% in the 3rd quarter. Barclays PLC now owns 25,273 shares of the savings and loans company’s stock valued at $1,427,000 after buying an additional 11,996 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Southern Missouri Bancorp by 249.1% in the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company’s stock valued at $1,417,000 after buying an additional 17,895 shares during the period. Janus Henderson Group PLC raised its position in shares of Southern Missouri Bancorp by 42.4% during the third quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company’s stock worth $455,000 after acquiring an additional 2,404 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Southern Missouri Bancorp by 1.0% in the third quarter. Geode Capital Management LLC now owns 217,753 shares of the savings and loans company’s stock worth $12,304,000 after acquiring an additional 2,113 shares during the period. 49.49% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SMBC has been the subject of a number of recent analyst reports. Stephens reissued an “overweight” rating and set a $76.00 target price on shares of Southern Missouri Bancorp in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods decreased their price objective on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a research report on Thursday, January 30th.

Southern Missouri Bancorp Stock Down 3.1 %

Shares of Southern Missouri Bancorp stock opened at $52.07 on Monday. The stock’s 50-day moving average is $56.85 and its 200 day moving average is $58.73. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The firm has a market cap of $622.71 million, a price-to-earnings ratio of 11.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.97.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.45% and a net margin of 17.72%. Equities research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio (DPR) is currently 20.09%.

Insider Activity

In other news, Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $59.08, for a total value of $413,560.00. Following the completion of the sale, the director now directly owns 21,000 shares in the company, valued at $1,240,680. This trade represents a 25.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 16.60% of the company’s stock.

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. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.