Charles Schwab Investment Management Inc. Increases Stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Charles Schwab Investment Management Inc. grew its stake in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,520 shares of the savings and loans company’s stock after purchasing an additional 1,563 shares during the period. Charles Schwab Investment Management Inc. owned about 0.81% of Southern Missouri Bancorp worth $5,251,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in Southern Missouri Bancorp by 139.5% in the third quarter. BNP Paribas Financial Markets now owns 4,673 shares of the savings and loans company’s stock valued at $264,000 after buying an additional 2,722 shares in the last quarter. Zacks Investment Management purchased a new position in shares of Southern Missouri Bancorp in the 3rd quarter valued at about $273,000. SG Americas Securities LLC raised its holdings in Southern Missouri Bancorp by 21.6% in the 4th quarter. SG Americas Securities LLC now owns 5,026 shares of the savings and loans company’s stock worth $288,000 after purchasing an additional 894 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Southern Missouri Bancorp during the third quarter worth approximately $379,000. Finally, Janus Henderson Group PLC grew its holdings in Southern Missouri Bancorp by 42.4% in the third quarter. Janus Henderson Group PLC now owns 8,071 shares of the savings and loans company’s stock valued at $455,000 after purchasing an additional 2,404 shares during the period. Institutional investors and hedge funds own 49.49% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on SMBC. Stephens reissued an “overweight” rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th. Keefe, Bruyette & Woods cut their target price on shares of Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating for the company in a research note on Thursday, January 30th.

Insider Transactions at Southern Missouri Bancorp

In related news, Director Douglas Bagby sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $59.08, for a total transaction of $413,560.00. Following the sale, the director now owns 21,000 shares of the company’s stock, valued at approximately $1,240,680. The trade was a 25.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 16.60% of the company’s stock.

Southern Missouri Bancorp Trading Down 2.1 %

NASDAQ SMBC opened at $53.20 on Wednesday. Southern Missouri Bancorp, Inc. has a one year low of $39.00 and a one year high of $68.69. The firm has a 50 day simple moving average of $57.03 and a 200-day simple moving average of $58.77. The firm has a market cap of $636.22 million, a price-to-earnings ratio of 11.62 and a beta of 0.99. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current 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 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. Equities research analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current fiscal year.

Southern Missouri Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s payout ratio is currently 20.09%.

Southern Missouri Bancorp 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.