SG Americas Securities LLC Buys 2,736 Shares of Simmons First National Co. (NASDAQ:SFNC)

SG Americas Securities LLC increased its holdings in Simmons First National Co. (NASDAQ:SFNCGet Rating) by 12.1% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 25,259 shares of the bank’s stock after buying an additional 2,736 shares during the quarter. SG Americas Securities LLC’s holdings in Simmons First National were worth $550,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. EMC Capital Management increased its holdings in Simmons First National by 47.0% in the 2nd quarter. EMC Capital Management now owns 1,354 shares of the bank’s stock worth $29,000 after buying an additional 433 shares in the last quarter. Cadence Bank increased its holdings in Simmons First National by 2.3% in the 1st quarter. Cadence Bank now owns 20,732 shares of the bank’s stock worth $544,000 after buying an additional 460 shares in the last quarter. CWM LLC increased its holdings in Simmons First National by 30.7% in the 3rd quarter. CWM LLC now owns 2,141 shares of the bank’s stock worth $47,000 after buying an additional 503 shares in the last quarter. Natixis Advisors L.P. increased its holdings in Simmons First National by 1.8% in the 1st quarter. Natixis Advisors L.P. now owns 28,625 shares of the bank’s stock worth $751,000 after buying an additional 514 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Simmons First National by 2.6% during the 1st quarter. Cetera Investment Advisers now owns 22,731 shares of the bank’s stock valued at $596,000 after purchasing an additional 577 shares during the period. 13.33% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Dean O. Bass sold 27,100 shares of Simmons First National stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $22.76, for a total transaction of $616,796.00. Following the transaction, the director now directly owns 181,860 shares of the company’s stock, valued at approximately $4,139,133.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.80% of the company’s stock.

Simmons First National Trading Up 0.6 %

Simmons First National stock opened at $23.00 on Tuesday. The business has a 50-day simple moving average of $22.09 and a two-hundred day simple moving average of $22.89. The company has a market cap of $2.92 billion, a P/E ratio of 12.50 and a beta of 0.84. Simmons First National Co. has a 52-week low of $19.34 and a 52-week high of $29.94. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.42.

Simmons First National (NASDAQ:SFNCGet Rating) last released its quarterly earnings results on Tuesday, October 25th. The bank reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. Simmons First National had a return on equity of 8.73% and a net margin of 23.56%. The business had revenue of $236.61 million during the quarter, compared to the consensus estimate of $241.70 million. Analysts predict that Simmons First National Co. will post 2.38 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Simmons First National from a “hold” rating to a “sell” rating in a research note on Monday.

Simmons First National Company Profile

(Get Rating)

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. It 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; insurance products; and securities and investment services.

Further Reading

Want to see what other hedge funds are holding SFNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simmons First National Co. (NASDAQ:SFNCGet Rating).

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

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.com's FREE daily email newsletter.