1 day Ago By Defense World Staff
American Century Companies Inc. boosted its stake in Simmons First National Co. ( NASDAQ:SFNC – Free Report ) by 3.
2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 541,648 shares of the bank’s stock after buying an additional 16,579 shares during the quarter. American Century Companies Inc.
owned approximately 0.43% of Simmons First National worth $12,014,000 as of its most recent SEC filing. Several other large investors have also bought and sold shares of SFNC.
Charles Schwab Investment Management Inc. raised its holdings in shares of Simmons First National by 3.7% in the third quarter.
Charles Schwab Investment Management Inc. now owns 1,866,142 shares of the bank’s stock valued at $40,197,000 after purchasing an additional 65,992 shares during the last quarter. Citigroup Inc.
increased its stake in Simmons First National by 20.1% in the 3rd quarter. Citigroup Inc.
now owns 214,944 shares of the bank’s stock valued at $4,630,000 after buying an additional 36,024 shares during the last quarter. FMR LLC lifted its position in shares of Simmons First National by 5.5% during the 3rd quarter.
FMR LLC now owns 7,778 shares of the bank’s stock worth $168,000 after buying an additional 403 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Simmons First National by 48.3% in the third quarter.
BNP Paribas Financial Markets now owns 40,294 shares of the bank’s stock valued at $868,000 after acquiring an additional 13,124 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Simmons First National by 36.5% during the third quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 33,822 shares of the bank’s stock valued at $729,000 after acquiring an additional 9,049 shares during the last quarter. 27.58% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets Separately, Stephens reduced their price objective on Simmons First National from $29.00 to $28.00 and set an “overweight” rating for the company in a research note on Thursday, January 23rd.
Simmons First National Price Performance Shares of NASDAQ SFNC opened at $20.39 on Wednesday. The company has a current ratio of 0.
79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.32.
The stock has a fifty day simple moving average of $21.62 and a two-hundred day simple moving average of $22.48.
Simmons First National Co. has a 1-year low of $16.03 and a 1-year high of $25.
95. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 16.
85 and a beta of 0.84. Simmons First National ( NASDAQ:SFNC – Get Free Report ) last posted its quarterly earnings results on Tuesday, January 21st.
The bank reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.
03. The company had revenue of $208.50 million during the quarter, compared to the consensus estimate of $208.
67 million. Simmons First National had a return on equity of 5.10% and a net margin of 10.
46%. The firm’s quarterly revenue was up 17.4% compared to the same quarter last year.
During the same quarter in the prior year, the company earned $0.40 EPS. Analysts anticipate that Simmons First National Co.
will post 1.66 earnings per share for the current year. Simmons First National Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st.
Investors of record on Friday, March 14th were paid a $0.2125 dividend. This represents a $0.
85 dividend on an annualized basis and a yield of 4.17%. This is a positive change from Simmons First National’s previous quarterly dividend of $0.
21. The ex-dividend date of this dividend was Friday, March 14th. Simmons First National’s payout ratio is currently 70.
25%. Simmons First National Profile ( Free Report ) Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. The company offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services.
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