Teacher Retirement System of Texas Cuts Holdings in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)

Teacher Retirement System of Texas decreased its position in Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) by 66.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,431 shares of the savings and loans company’s stock after selling 8,660 shares during the period. Teacher Retirement System of Texas’ holdings in Southern Missouri Bancorp were worth $231,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Southern Missouri Bancorp during the fourth quarter worth about $5,228,000. JPMorgan Chase & Co. grew its stake in Southern Missouri Bancorp by 243.0% during the 4th quarter. JPMorgan Chase & Co. now owns 86,033 shares of the savings and loans company’s stock valued at $4,936,000 after acquiring an additional 60,953 shares in the last quarter. American Century Companies Inc. grew its stake in Southern Missouri Bancorp by 17.7% during the 4th quarter. American Century Companies Inc. now owns 208,097 shares of the savings and loans company’s stock valued at $11,939,000 after acquiring an additional 31,267 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Southern Missouri Bancorp by 4.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 397,765 shares of the savings and loans company’s stock valued at $22,820,000 after acquiring an additional 18,623 shares in the last quarter. Finally, Kennedy Capital Management LLC purchased a new stake in Southern Missouri Bancorp during the 4th quarter valued at about $825,000. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Analyst Ratings Changes

Separately, Stephens reiterated an “overweight” rating and issued a $65.00 target price on shares of Southern Missouri Bancorp in a report on Tuesday, April 22nd.

Southern Missouri Bancorp Trading Down 0.1%

Shares of SMBC stock opened at $56.79 on Friday. The stock has a market cap of $641.73 million, a price-to-earnings ratio of 11.40 and a beta of 0.98. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. Southern Missouri Bancorp, Inc. has a fifty-two week low of $45.10 and a fifty-two week high of $68.69. The firm’s 50 day moving average price is $54.32 and its two-hundred day moving average price is $54.49.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Monday, April 21st. The savings and loans company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.08. Southern Missouri Bancorp had a net margin of 18.76% and a return on equity of 11.06%. The business had revenue of $46.15 million during the quarter, compared to analyst estimates of $45.33 million. On average, analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 EPS for the current year.

Insider Buying and Selling

In related news, Director William E. Young sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $53.23, for a total transaction of $159,690.00. Following the completion of the sale, the director directly owned 42,649 shares in the company, valued at approximately $2,270,206.27. This trade represents a 6.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 16.60% of the company’s stock.

About Southern Missouri Bancorp

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.