Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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.’s holdings in Southern Missouri Bancorp were worth $5,251,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets increased its position in shares of 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 worth $264,000 after acquiring an additional 2,722 shares in the last quarter. Zacks Investment Management purchased a new stake in Southern Missouri Bancorp during the 3rd quarter worth $273,000. SG Americas Securities LLC boosted its position in Southern Missouri Bancorp by 21.6% during 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. acquired a new stake in Southern Missouri Bancorp in the 3rd quarter valued at $379,000. Finally, Janus Henderson Group PLC raised its position 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. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Stock Performance

Shares of NASDAQ SMBC opened at $53.20 on Wednesday. Southern Missouri Bancorp, Inc. has a 12-month low of $39.00 and a 12-month high of $68.69. The company has a market cap of $636.22 million, a PE ratio of 11.62 and a beta of 0.99. The stock has a 50 day simple moving average of $57.03 and a 200-day simple moving average of $58.77. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Monday, February 3rd. The savings and loans company reported $1.30 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts forecast that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Southern Missouri Bancorp Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SMBC shares. Keefe, Bruyette & Woods lowered 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. Stephens reaffirmed an “overweight” rating and set a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday, January 28th.

Insider Buying and Selling

In other news, Director Douglas Bagby sold 7,000 shares of the firm’s stock in a transaction on 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 owns 21,000 shares of the company’s stock, valued at $1,240,680. This trade represents a 25.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 16.60% of the stock is currently owned by company insiders.

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.