67,344 Shares in Simmons First National Co. (NASDAQ:SFNC) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new stake in Simmons First National Co. (NASDAQ:SFNC - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 67,344 shares of the bank's stock, valued at approximately $1,494,000. Tudor Investment Corp ET AL owned approximately 0.05% of Simmons First National at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of Simmons First National in the fourth quarter valued at about $47,000. Aquatic Capital Management LLC acquired a new position in shares of Simmons First National during the 4th quarter worth approximately $114,000. Hancock Whitney Corp bought a new position in shares of Simmons First National during the fourth quarter worth approximately $442,000. Price T Rowe Associates Inc. MD raised its position in shares of Simmons First National by 11.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 90,008 shares of the bank's stock valued at $1,997,000 after buying an additional 8,890 shares in the last quarter. Finally, State of Tennessee Department of Treasury boosted its stake in shares of Simmons First National by 22.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 82,890 shares of the bank's stock valued at $1,839,000 after buying an additional 15,175 shares during the period. Institutional investors own 27.58% of the company's stock.

Analyst Upgrades and Downgrades

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

Simmons First National Trading Up 2.1 %

Shares of SFNC opened at $19.24 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. Simmons First National Co. has a 52-week low of $16.03 and a 52-week high of $25.95. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 15.90 and a beta of 0.82. The business's fifty day moving average is $19.54 and its 200-day moving average is $21.89.

Simmons First National (NASDAQ:SFNC - Get Free Report) last released its earnings results on Wednesday, April 16th. The bank reported $0.26 earnings per share (EPS) 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 business had revenue of $209.58 million during the quarter, compared to the consensus estimate of $209.00 million. During the same quarter in the prior year, the firm earned $0.32 EPS. Equities analysts anticipate that Simmons First National Co. will post 1.66 EPS for the current fiscal year.

About Simmons First National

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.

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