Teacher Retirement System of Texas Has $751,000 Position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Teacher Retirement System of Texas lifted its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 18.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,091 shares of the savings and loans company’s stock after buying an additional 2,017 shares during the quarter. Teacher Retirement System of Texas owned about 0.12% of Southern Missouri Bancorp worth $751,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hotchkis & Wiley Capital Management LLC acquired a new position in Southern Missouri Bancorp in the 3rd quarter valued at $3,690,000. Charles Schwab Investment Management Inc. grew its stake in shares of 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 acquiring an additional 53,670 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Southern Missouri Bancorp by 48.2% in the third quarter. Franklin Resources Inc. now owns 104,175 shares of the savings and loans company’s stock valued at $6,105,000 after acquiring an additional 33,902 shares in the last quarter. JPMorgan Chase & Co. increased its position in Southern Missouri Bancorp by 249.1% during the third quarter. JPMorgan Chase & Co. now owns 25,080 shares of the savings and loans company’s stock worth $1,417,000 after acquiring an additional 17,895 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in Southern Missouri Bancorp in the 4th quarter worth about $783,000. Institutional investors own 49.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SMBC. Stephens restated 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 reduced their price target on Southern Missouri Bancorp from $70.00 to $68.00 and set a “market perform” rating on the stock in a research report on Thursday, January 30th.

Southern Missouri Bancorp Trading Down 3.1 %

SMBC opened at $52.07 on Monday. The stock has a market capitalization of $622.71 million, a price-to-earnings ratio of 11.37 and a beta of 0.99. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. Southern Missouri Bancorp, Inc. has a twelve month low of $39.00 and a twelve month high of $68.69. The company has a 50-day simple moving average of $56.85 and a 200 day simple moving average of $58.73.

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

Southern Missouri Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders 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 1.77%. The ex-dividend date of this dividend was Friday, February 14th. Southern Missouri Bancorp’s dividend payout ratio is presently 20.09%.

Insider Activity

In other news, Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $59.08, for a total value of $413,560.00. Following the sale, the director now directly owns 21,000 shares in the company, valued at approximately $1,240,680. This trade represents a 25.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 16.60% of the company’s stock.

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.