Simmons First National Co. (NASDAQ:SFNC) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors grew its holdings in Simmons First National Co. (NASDAQ:SFNC) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,482 shares of the bank’s stock after acquiring an additional 1,134 shares during the period. Captrust Financial Advisors owned about 0.06% of Simmons First National worth $1,696,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SFNC. Barclays PLC grew its stake in shares of Simmons First National by 131.4% in the third quarter. Barclays PLC now owns 247,821 shares of the bank’s stock worth $5,337,000 after acquiring an additional 140,738 shares in the last quarter. Franklin Resources Inc. purchased a new stake in shares of Simmons First National during the 3rd quarter worth $1,339,000. Principal Financial Group Inc. lifted its position in shares of Simmons First National by 4.4% during the 3rd quarter. Principal Financial Group Inc. now owns 646,325 shares of the bank’s stock worth $13,922,000 after purchasing an additional 27,479 shares during the last quarter. M.E. Allison & CO. Inc. purchased a new stake in shares of Simmons First National during the 4th quarter worth $889,000. Finally, KBC Group NV lifted its position in shares of Simmons First National by 31.0% during the 4th quarter. KBC Group NV now owns 6,091 shares of the bank’s stock worth $135,000 after purchasing an additional 1,443 shares during the last quarter. Institutional investors and hedge funds own 27.58% of the company’s stock.

Simmons First National Price Performance

Shares of SFNC opened at $20.26 on Wednesday. Simmons First National Co. has a 1-year low of $16.03 and a 1-year high of $25.95. The stock has a market cap of $2.55 billion, a PE ratio of 16.74 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a fifty day moving average price of $19.29 and a 200 day moving average price of $21.73.

Simmons First National (NASDAQ:SFNC) last announced its quarterly earnings results on Wednesday, April 16th. The bank reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.10). Simmons First National had a net margin of 10.46% and a return on equity of 5.10%. The company had revenue of $209.58 million during the quarter, compared to analysts’ expectations of $209.00 million. During the same period last year, the firm earned $0.32 earnings per share. As a group, sell-side analysts anticipate that Simmons First National Co. will post 1.66 EPS for the current year.

Simmons First National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be given a $0.2125 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.85 dividend on an annualized basis and a yield of 4.20%. Simmons First National’s dividend payout ratio (DPR) is presently 73.28%.

Wall Street Analysts Forecast Growth

SFNC has been the subject of several recent analyst reports. Piper Sandler raised shares of Simmons First National from an “underweight” rating to a “neutral” rating and lifted their price objective for the stock from $20.00 to $21.00 in a research report on Monday, April 21st. Stephens decreased their price objective on shares of Simmons First National from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Monday, April 21st. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Simmons First National from $23.00 to $21.00 and set a “market perform” rating for the company in a research report on Monday, April 21st.

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.