Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Position Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in shares of Southern Missouri Bancorp, Inc. (NASDAQ:SMBC - Free Report) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 397,765 shares of the savings and loans company's stock after buying an additional 18,623 shares during the period. Dimensional Fund Advisors LP owned about 3.53% of Southern Missouri Bancorp worth $22,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC raised its position in Southern Missouri Bancorp by 90.4% during the third quarter. Barclays PLC now owns 25,273 shares of the savings and loans company's stock worth $1,427,000 after acquiring an additional 11,996 shares during the last quarter. JPMorgan Chase & Co. raised 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 last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Southern Missouri Bancorp by 38.0% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,254 shares of the savings and loans company's stock worth $531,000 after acquiring an additional 2,547 shares during the last quarter. Jane Street Group LLC raised its position in Southern Missouri Bancorp by 11.8% during the third quarter. Jane Street Group LLC now owns 8,420 shares of the savings and loans company's stock worth $476,000 after acquiring an additional 889 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in Southern Missouri Bancorp during the fourth quarter worth about $783,000. Institutional investors and hedge funds own 49.49% of the company's stock.

Southern Missouri Bancorp Trading Up 3.6%

Shares of NASDAQ:SMBC traded up $1.93 during trading on Monday, reaching $55.21. The stock had a trading volume of 4,304 shares, compared to its average volume of 29,080. The business has a fifty day moving average price of $51.77 and a 200-day moving average price of $57.39. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The stock has a market cap of $660.26 million, a P/E ratio of 12.13 and a beta of 1.00. Southern Missouri Bancorp, Inc. has a fifty-two week low of $39.90 and a fifty-two week high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC - Get Free Report) last issued its quarterly earnings results on Monday, April 21st. The savings and loans company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.31 by $0.08. Southern Missouri Bancorp had a net margin of 17.72% and a return on equity of 10.45%. The firm had revenue of $46.15 million during the quarter, compared to analyst estimates of $45.33 million. As a group, analysts anticipate that Southern Missouri Bancorp, Inc. will post 5.06 earnings per share for the current fiscal year.

Southern Missouri Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.23 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.92 annualized dividend and a yield of 1.67%. Southern Missouri Bancorp's dividend payout ratio is currently 18.47%.

Insiders Place Their Bets

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the business'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 now directly owns 42,649 shares in the company, valued at $2,270,206.27. The trade was a 6.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 16.60% of the stock is owned by insiders.

Analysts Set New Price Targets

SMBC has been the subject of a number of research reports. Stephens restated an "overweight" rating and set a $65.00 target price on shares of Southern Missouri Bancorp in a research report on Tuesday, April 22nd. Keefe, Bruyette & Woods cut 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 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.