2 weeks Ago By ABMN Staff
Simmons First National Co. ( NASDAQ:SFNC – Get Free Report ) CAO David W. Garner sold 3,600 shares of the business’s stock in a transaction on Friday, August 23rd.
The stock was sold at an average price of $21.21, for a total value of $76,356.00.
Following the transaction, the chief accounting officer now directly owns 64,966 shares of the company’s stock, valued at approximately $1,377,928.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link .
Simmons First National Stock Down 0.0 % Shares of NASDAQ:SFNC opened at $21.11 on Friday.
The firm has a market cap of $2.65 billion, a P/E ratio of 15.87 and a beta of 0.
88. Simmons First National Co. has a 12-month low of $13.
36 and a 12-month high of $22.29. The business has a fifty day simple moving average of $19.
49 and a 200 day simple moving average of $18.62. The company has a quick ratio of 0.
80, a current ratio of 0.80 and a debt-to-equity ratio of 0.50.
Simmons First National ( NASDAQ:SFNC – Get Free Report ) last issued its quarterly earnings data on Wednesday, July 24th. The bank reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.
31 by $0.02. The company had revenue of $372.
44 million during the quarter, compared to the consensus estimate of $197.30 million. Simmons First National had a return on equity of 5.
33% and a net margin of 10.49%. During the same period last year, the company earned $0.
48 earnings per share. Analysts predict that Simmons First National Co. will post 1.
32 earnings per share for the current year. Simmons First National Dividend Announcement Analyst Ratings Changes Several analysts recently weighed in on the company. Piper Sandler raised their price objective on Simmons First National from $18.
00 to $20.00 and gave the company an “underweight” rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods raised their price objective on Simmons First National from $20.
00 to $22.00 and gave the company a “market perform” rating in a report on Thursday, July 25th. StockNews.
com upgraded Simmons First National from a “sell” rating to a “hold” rating in a report on Monday, July 29th. Finally, Stephens raised their price objective on shares of Simmons First National from $21.00 to $23.
00 and gave the company an “equal weight” rating in a report on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.
com, the stock presently has an average rating of “Hold” and a consensus target price of $21.75. Get Our Latest Analysis on Simmons First National Institutional Investors Weigh In On Simmons First National A number of institutional investors have recently modified their holdings of SFNC.
Westwood Holdings Group Inc. acquired a new position in Simmons First National in the first quarter valued at $31,495,000. Norges Bank acquired a new position in shares of Simmons First National in the 4th quarter valued at about $27,751,000.
Northwestern Mutual Wealth Management Co. boosted its position in shares of Simmons First National by 9,443.9% during the 2nd quarter.
Northwestern Mutual Wealth Management Co. now owns 1,395,980 shares of the bank’s stock valued at $24,541,000 after purchasing an additional 1,381,353 shares in the last quarter. Mesirow Institutional Investment Management Inc.
acquired a new stake in Simmons First National during the first quarter worth approximately $10,723,000. Finally, Dimensional Fund Advisors LP increased its holdings in Simmons First National by 6.0% in the second quarter.
Dimensional Fund Advisors LP now owns 7,323,934 shares of the bank’s stock worth $128,752,000 after purchasing an additional 413,459 shares in the last quarter. 27.58% of the stock is owned by institutional investors.
About Simmons First National ( Get 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. See Also Receive News & Ratings for Simmons First National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simmons First National and related companies with MarketBeat.
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