Bridgeway Capital Management LLC Buys 17,149 Shares of Simmons First National Co. (NASDAQ:SFNC)

Bridgeway Capital Management LLC increased its position in shares of Simmons First National Co. (NASDAQ:SFNC - Free Report) by 2.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 660,724 shares of the bank's stock after acquiring an additional 17,149 shares during the quarter. Bridgeway Capital Management LLC owned about 0.53% of Simmons First National worth $14,655,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SFNC. CIBC Asset Management Inc boosted its position in shares of Simmons First National by 6.3% during 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 raised its stake in Simmons First National by 4.3% during the 4th quarter. HighTower Advisors LLC now owns 19,600 shares of the bank's stock worth $435,000 after buying an additional 812 shares during the period. Captrust Financial Advisors lifted its holdings in Simmons First National by 1.5% during the fourth quarter. Captrust Financial Advisors now owns 76,482 shares of the bank's stock worth $1,696,000 after acquiring an additional 1,134 shares in the last quarter. Jag Capital Management LLC grew its stake in Simmons First National by 1.0% in the fourth quarter. Jag Capital Management LLC now owns 120,421 shares of the bank's stock valued at $2,671,000 after acquiring an additional 1,185 shares during the period. Finally, Jones Financial Companies Lllp bought a new stake in shares of Simmons First National in the fourth quarter worth about $29,000. Institutional investors and hedge funds own 27.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SFNC shares. Stephens decreased their price objective on 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. Piper Sandler upgraded shares of Simmons First National from an "underweight" rating to a "neutral" rating and raised their price objective for the stock from $20.00 to $21.00 in a report on Monday, April 21st. Finally, Keefe, Bruyette & Woods reduced their target price on shares of 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.

Simmons First National Stock Up 0.1 %

Simmons First National stock opened at $19.25 on Tuesday. Simmons First National Co. has a fifty-two week low of $16.03 and a fifty-two week high of $25.95. The firm has a market capitalization of $2.42 billion, a PE ratio of 15.91 and a beta of 0.82. The company's 50-day moving average is $19.50 and its 200-day moving average is $21.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.79 and a quick ratio of 0.79.

Simmons First National (NASDAQ:SFNC - Get Free Report) 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 return on equity of 5.10% and a net margin of 10.46%. The business had revenue of $209.58 million for the quarter, compared to analyst estimates of $209.00 million. During the same period last year, the firm earned $0.32 EPS. Sell-side analysts anticipate that Simmons First National Co. will post 1.66 earnings per share for the current year.

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.

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