Great West Life Assurance Co. Can maintained its position in Simmons First National Corp. (NASDAQ:SFNC) during the second quarter, Holdings Channel reports. The firm owned 3,728 shares of the company’s stock at the end of the second quarter. Great West Life Assurance Co. Can’s holdings in Simmons First National Corp. were worth $168,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Simmons Bank acquired a new position in Simmons First National Corp. during the first quarter valued at approximately $85,115,000. BlackRock Institutional Trust Company N.A. boosted its position in Simmons First National Corp. by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 740,596 shares of the company’s stock valued at $33,379,000 after buying an additional 15,330 shares during the last quarter. Hillcrest Asset Management LLC acquired a new position in Simmons First National Corp. during the first quarter valued at approximately $8,941,000. Renaissance Technologies LLC boosted its position in Simmons First National Corp. by 14.2% in the first quarter. Renaissance Technologies LLC now owns 157,000 shares of the company’s stock valued at $7,076,000 after buying an additional 19,500 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Simmons First National Corp. by 67.5% in the first quarter. Goldman Sachs Group Inc. now owns 107,804 shares of the company’s stock valued at $4,859,000 after buying an additional 43,447 shares during the last quarter. Institutional investors and hedge funds own 23.72% of the company’s stock.

Simmons First National Corp. (NASDAQ:SFNC) traded up 0.12% during midday trading on Monday, hitting $49.13. The stock had a trading volume of 47,402 shares. The stock’s 50-day moving average is $47.97 and its 200-day moving average is $46.31. Simmons First National Corp. has a 1-year low of $38.30 and a 1-year high of $58.75. The company has a market capitalization of $1.49 billion, a PE ratio of 16.26 and a beta of 1.02.

Simmons First National Corp. (NASDAQ:SFNC) last announced its earnings results on Wednesday, July 20th. The company reported $0.82 EPS for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.01. Simmons First National Corp. had a return on equity of 9.48% and a net margin of 21.34%. Equities research analysts forecast that Simmons First National Corp. will post $3.17 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 1st. Shareholders of record on Thursday, September 15th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.95%. Simmons First National Corp.’s dividend payout ratio is presently 31.79%.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Simmons First National Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $53.00 price objective (down from $54.00) on shares of Simmons First National Corp. in a report on Wednesday, June 8th. Finally, Stephens cut Simmons First National Corp. from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $52.00 to $50.00 in a report on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Simmons First National Corp. presently has a consensus rating of “Hold” and an average price target of $51.80.

Simmons First National Corp. Company Profile

Simmons First National Corporation is a financial holding company. The Company’s subsidiary bank is Simmons First National Bank (Simmons Bank), a national bank. Simmons Bank and its subsidiaries provide banking services to individuals and businesses across the market areas they serve. Simmons Bank offers consumer, real estate and commercial loans, checking, savings and time deposits.

5 Day Chart for NASDAQ:SFNC

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 Corp. (NASDAQ:SFNC).

Receive News & Ratings for Simmons First National Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Simmons First National Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.