Bank of The Ozarks decreased its position in shares of Simmons First National Corporation (NASDAQ:SFNC) by 21.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,300 shares of the bank’s stock after selling 2,478 shares during the period. Bank of The Ozarks’ holdings in Simmons First National Corporation were worth $492,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Elkfork Partners LLC boosted its position in shares of Simmons First National Corporation by 16.1% in the first quarter. Elkfork Partners LLC now owns 2,016 shares of the bank’s stock worth $111,000 after buying an additional 280 shares in the last quarter. Meadow Creek Investment Management LLC boosted its position in Simmons First National Corporation by 16.1% in the first quarter. Meadow Creek Investment Management LLC now owns 2,448 shares of the bank’s stock valued at $135,000 after buying an additional 340 shares during the period. Russell Investments Group Ltd. acquired a new position in Simmons First National Corporation during the fourth quarter valued at approximately $158,000. Ameritas Investment Partners Inc. acquired a new position in Simmons First National Corporation during the first quarter valued at approximately $140,000. Finally, Victory Capital Management Inc. boosted its position in Simmons First National Corporation by 23.8% in the first quarter. Victory Capital Management Inc. now owns 2,706 shares of the bank’s stock valued at $149,000 after buying an additional 521 shares during the period. 56.61% of the stock is owned by hedge funds and other institutional investors.

Simmons First National Corporation (NASDAQ:SFNC) opened at 52.60 on Thursday. Simmons First National Corporation has a 12-month low of $45.90 and a 12-month high of $67.00. The stock’s 50 day moving average price is $52.99 and its 200 day moving average price is $54.85. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 17.38 and a beta of 1.12.

Simmons First National Corporation (NASDAQ:SFNC) last announced its quarterly earnings results on Wednesday, July 19th. The bank reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.04. The firm had revenue of $112.56 million during the quarter, compared to analysts’ expectations of $110 million. Simmons First National Corporation had a net margin of 21.03% and a return on equity of 8.71%. On average, equities research analysts anticipate that Simmons First National Corporation will post $3.16 earnings per share for the current fiscal year.

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Several analysts recently weighed in on SFNC shares. Zacks Investment Research lowered Simmons First National Corporation from a “buy” rating to a “sell” rating in a report on Wednesday, April 26th. Raymond James Financial, Inc. raised Simmons First National Corporation from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 5th. BidaskClub raised Simmons First National Corporation from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. ValuEngine lowered Simmons First National Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Stephens raised Simmons First National Corporation from an “equal weight” rating to a “buy” rating and boosted their price objective for the company from $60.00 to $64.00 in a report on Friday, July 21st. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Simmons First National Corporation has a consensus rating of “Hold” and a consensus target price of $61.75.

In other Simmons First National Corporation news, CEO George Makris, Jr. purchased 2,000 shares of the business’s stock in a transaction on Friday, May 12th. The stock was purchased at an average price of $52.00 per share, for a total transaction of $104,000.00. Following the completion of the purchase, the chief executive officer now directly owns 102,883 shares in the company, valued at $5,349,916. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christopher R. Kirkland sold 547 shares of the firm’s stock in a transaction dated Thursday, July 20th. The stock was sold at an average price of $55.00, for a total transaction of $30,085.00. Following the transaction, the director now owns 228,399 shares of the company’s stock, valued at approximately $12,561,945. The disclosure for this sale can be found here. 4.63% of the stock is owned by company insiders.

About Simmons First National Corporation

Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.

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

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