Simmons First National Co. (NASDAQ:SFNC) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC lowered its position in Simmons First National Co. (NASDAQ:SFNC) by 3.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 18,893 shares of the bank’s stock after selling 662 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Simmons First National were worth $419,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in SFNC. FMR LLC grew its holdings in Simmons First National by 5.5% in 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. CIBC Asset Management Inc grew its stake in shares of Simmons First National by 6.3% in the fourth quarter. CIBC Asset Management Inc now owns 12,581 shares of the bank’s stock worth $279,000 after purchasing an additional 751 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Simmons First National by 4.3% during the fourth quarter. HighTower Advisors LLC now owns 19,600 shares of the bank’s stock valued at $435,000 after purchasing an additional 812 shares during the period. Jag Capital Management LLC raised its stake in shares of Simmons First National by 1.0% during the fourth quarter. Jag Capital Management LLC now owns 120,421 shares of the bank’s stock valued at $2,671,000 after purchasing an additional 1,185 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in Simmons First National in the fourth quarter worth about $29,000. Institutional investors and hedge funds own 27.58% of the company’s stock.

Simmons First National Stock Down 4.0 %

SFNC opened at $17.39 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $2.19 billion, a PE ratio of 14.37 and a beta of 0.82. The stock’s fifty day moving average is $20.28 and its 200-day moving average is $22.15. Simmons First National Co. has a one year low of $16.03 and a one year high of $25.95.

Simmons First National (NASDAQ:SFNC) last issued its quarterly earnings results on Wednesday, April 16th. The bank reported $0.26 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.10). Simmons First National had a return on equity of 5.10% and a net margin of 10.46%. The business had revenue of $209.58 million during the quarter, compared to the consensus estimate of $209.00 million. During the same quarter last year, the firm posted $0.32 earnings per share. On average, equities analysts predict that Simmons First National Co. will post 1.66 EPS for the current fiscal year.

Simmons First National Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were paid a dividend of $0.2125 per share. The ex-dividend date was Friday, March 14th. This is a positive change from Simmons First National’s previous quarterly dividend of $0.21. This represents a $0.85 annualized dividend and a yield of 4.89%. Simmons First National’s dividend payout ratio is currently 70.25%.

Analysts Set New Price Targets

Separately, Stephens lowered their target price on shares of Simmons First National from $29.00 to $28.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd.

Simmons First National Company Profile

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.