Simmons First National Corporation $SFNC Holdings Raised by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in Simmons First National Corporation (NASDAQ:SFNC) by 213.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 206,793 shares of the bank’s stock after purchasing an additional 140,769 shares during the quarter. Quantinno Capital Management LP owned 0.14% of Simmons First National worth $4,022,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Bessemer Group Inc. lifted its stake in Simmons First National by 156.0% during the first quarter. Bessemer Group Inc. now owns 1,518 shares of the bank’s stock valued at $29,000 after buying an additional 925 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Simmons First National by 197.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,663 shares of the bank’s stock worth $32,000 after acquiring an additional 1,104 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Simmons First National by 35.6% during the fourth quarter. Hantz Financial Services Inc. now owns 1,884 shares of the bank’s stock valued at $36,000 after acquiring an additional 495 shares during the period. Osaic Holdings Inc. lifted its position in shares of Simmons First National by 32.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,658 shares of the bank’s stock valued at $50,000 after acquiring an additional 644 shares in the last quarter. Finally, Systematic Financial Management LP purchased a new stake in shares of Simmons First National in the 4th quarter valued at approximately $66,000. Hedge funds and other institutional investors own 27.58% of the company’s stock.

Simmons First National Stock Down 0.4%

Simmons First National stock opened at $23.46 on Friday. Simmons First National Corporation has a twelve month low of $17.00 and a twelve month high of $24.32. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 0.93. The firm has a market cap of $3.40 billion, a PE ratio of -9.27 and a beta of 0.91. The firm’s 50 day moving average price is $22.65 and its two-hundred day moving average price is $21.25.

Simmons First National (NASDAQ:SFNC) last issued its earnings results on Thursday, July 16th. The bank reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). Simmons First National had a negative net margin of 24.64% and a positive return on equity of 8.32%. During the same quarter last year, the business posted $0.44 EPS. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. On average, research analysts predict that Simmons First National Corporation will post 2.05 EPS for the current fiscal year.

Simmons First National Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, June 15th. Simmons First National’s dividend payout ratio (DPR) is currently -33.99%.

Analyst Ratings Changes

Several equities analysts have weighed in on SFNC shares. Morgan Stanley reiterated a “positive” rating on shares of Simmons First National in a research report on Monday, June 29th. Raymond James Financial reaffirmed an “outperform” rating and issued a $25.00 target price on shares of Simmons First National in a research report on Friday, July 17th. DA Davidson reiterated a “neutral” rating and set a $23.00 price target on shares of Simmons First National in a report on Friday, July 17th. Keefe, Bruyette & Woods upped their price target on Simmons First National from $24.00 to $25.00 and gave the company a “market perform” rating in a research report on Monday, July 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Simmons First National in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Simmons First National has an average rating of “Moderate Buy” and an average price target of $24.50.

About Simmons First National

Simmons First National Corporation (NASDAQ:SFNC) is a bank holding company headquartered in Pine Bluff, Arkansas. Through its primary operating subsidiary, Simmons Bank, the company maintains a network of more than 200 branches across Arkansas, Tennessee, Missouri, Mississippi, Texas, Oklahoma and North Carolina. Simmons First National offers a full suite of financial services to individuals, small businesses and commercial clients, emphasizing relationship-driven community banking.

The company’s core business activities span deposit-taking, lending and payment services.