Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. Has $213,000 Stake in Simmons First National Corporation (SFNC)

Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. maintained its stake in Simmons First National Corporation (NASDAQ:SFNC) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,025 shares of the bank’s stock at the close of the second quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.’s holdings in Simmons First National Corporation were worth $213,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SFNC. BlackRock Inc. increased its position in shares of Simmons First National Corporation by 49,773.0% in the first quarter. BlackRock Inc. now owns 3,659,684 shares of the bank’s stock worth $201,831,000 after purchasing an additional 3,652,346 shares during the period. Simmons Bank increased its position in shares of Simmons First National Corporation by 81.4% in the first quarter. Simmons Bank now owns 1,739,099 shares of the bank’s stock worth $95,912,000 after purchasing an additional 780,216 shares during the period. State Street Corp increased its position in shares of Simmons First National Corporation by 34.8% in the first quarter. State Street Corp now owns 993,596 shares of the bank’s stock worth $54,799,000 after purchasing an additional 256,347 shares during the period. Thrivent Financial For Lutherans increased its position in shares of Simmons First National Corporation by 1,333.0% in the first quarter. Thrivent Financial For Lutherans now owns 229,561 shares of the bank’s stock worth $12,660,000 after purchasing an additional 213,541 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of Simmons First National Corporation by 5.8% in the first quarter. Vanguard Group Inc. now owns 2,511,310 shares of the bank’s stock worth $138,499,000 after purchasing an additional 138,399 shares during the period. Institutional investors own 25.96% of the company’s stock.

Simmons First National Corporation (NASDAQ SFNC) remained flat at $54.15 on Friday. 67,235 shares of the stock were exchanged. The stock has a 50-day moving average of $52.64 and a 200 day moving average of $53.49. Simmons First National Corporation has a 12-month low of $45.90 and a 12-month high of $67.00. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 17.88 and a beta of 1.14.

Simmons First National Corporation (NASDAQ:SFNC) last announced its earnings results on Wednesday, July 19th. The bank reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.04. The business had revenue of $112.56 million for the quarter, compared to analyst estimates of $110.00 million. Simmons First National Corporation had a return on equity of 8.71% and a net margin of 21.03%. On average, equities analysts expect that Simmons First National Corporation will post $3.12 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.85%. Simmons First National Corporation’s dividend payout ratio (DPR) is presently 33.00%.

In related news, Director Eugene Hunt sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $51.62, for a total transaction of $61,944.00. Following the transaction, the director now directly owns 4,030 shares in the company, valued at approximately $208,028.60. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Christopher R. Kirkland sold 547 shares of the firm’s stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of $55.00, for a total value of $30,085.00. Following the transaction, the director now owns 228,399 shares in the company, valued at $12,561,945. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by corporate insiders.

A number of research analysts have issued reports on SFNC shares. Zacks Investment Research upgraded Simmons First National Corporation from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Thursday, August 31st. BidaskClub cut Simmons First National Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, August 24th. Stephens set a $64.00 target price on Simmons First National Corporation and gave the company a “buy” rating in a research report on Tuesday, August 15th. ValuEngine cut Simmons First National Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Raymond James Financial, Inc. upgraded Simmons First National Corporation from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $61.25.

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About Simmons First National Corporation

Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.

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Institutional Ownership by Quarter for Simmons First National Corporation (NASDAQ:SFNC)

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