Crossmark Global Holdings Inc. purchased a new stake in shares of Simmons First National Corporation (NASDAQ:SFNC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,350 shares of the bank’s stock, valued at approximately $368,000.

A number of other large investors also recently added to or reduced their stakes in the business. BlackRock Inc. grew its holdings in Simmons First National Corporation by 1.2% during the second quarter. BlackRock Inc. now owns 3,702,665 shares of the bank’s stock valued at $195,871,000 after purchasing an additional 42,981 shares during the period. Vanguard Group Inc. grew its holdings in Simmons First National Corporation by 1.4% during the second quarter. Vanguard Group Inc. now owns 2,546,459 shares of the bank’s stock valued at $134,707,000 after purchasing an additional 35,149 shares during the period. Dimensional Fund Advisors LP grew its holdings in Simmons First National Corporation by 11.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,462,079 shares of the bank’s stock valued at $77,346,000 after purchasing an additional 155,118 shares during the period. State Street Corp grew its holdings in Simmons First National Corporation by 0.8% during the second quarter. State Street Corp now owns 1,001,720 shares of the bank’s stock valued at $52,992,000 after purchasing an additional 8,124 shares during the period. Finally, Northern Trust Corp grew its holdings in Simmons First National Corporation by 3.4% during the second quarter. Northern Trust Corp now owns 515,270 shares of the bank’s stock valued at $27,258,000 after purchasing an additional 17,069 shares during the period. 51.33% of the stock is owned by institutional investors and hedge funds.

Simmons First National Corporation (NASDAQ SFNC) opened at $56.00 on Friday. The firm has a market capitalization of $2,590.41, a PE ratio of 16.97 and a beta of 1.16. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.90 and a quick ratio of 0.90. Simmons First National Corporation has a one year low of $49.75 and a one year high of $67.00.

Several analysts have issued reports on SFNC shares. Piper Jaffray Companies set a $60.00 price target on Simmons First National Corporation and gave the company a “hold” rating in a report on Thursday, November 16th. Zacks Investment Research lowered Simmons First National Corporation from a “buy” rating to a “hold” rating in a report on Saturday, September 30th. BidaskClub lowered Simmons First National Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. Sandler O’Neill reaffirmed a “hold” rating and issued a $62.00 price objective on shares of Simmons First National Corporation in a research note on Tuesday, October 24th. Finally, Stephens set a $64.00 price objective on Simmons First National Corporation and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. Simmons First National Corporation currently has a consensus rating of “Hold” and an average target price of $62.40.

In other news, insider Vernon Wilson Jr. Bryant sold 22,888 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $54.87, for a total value of $1,255,864.56. Following the completion of the transaction, the insider now owns 211,353 shares of the company’s stock, valued at $11,596,939.11. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Christopher R. Kirkland sold 50,000 shares of the company’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $55.12, for a total value of $2,756,000.00. Following the completion of the transaction, the director now directly owns 208,276 shares of the company’s stock, valued at approximately $11,480,173.12. The disclosure for this sale can be found here. In the last ninety days, insiders sold 202,177 shares of company stock valued at $11,145,283. Corporate insiders own 4.63% of the company’s stock.

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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, Tennessee, Colorado, Oklahoma and Texas.

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

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