Leucadia National Corp held its stake in Simmons First National Corporation (NASDAQ:SFNC) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,000 shares of the bank’s stock at the end of the second quarter. Simmons First National Corporation accounts for approximately 0.2% of Leucadia National Corp’s holdings, making the stock its 27th largest position. Leucadia National Corp owned about 0.10% of Simmons First National Corporation worth $1,753,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Elkfork Partners LLC increased its stake in Simmons First National Corporation by 16.1% in the first quarter. Elkfork Partners LLC now owns 2,016 shares of the bank’s stock worth $111,000 after buying an additional 280 shares during the last quarter. Meadow Creek Investment Management LLC increased its stake in Simmons First National Corporation by 16.1% in the first quarter. Meadow Creek Investment Management LLC now owns 2,448 shares of the bank’s stock valued at $135,000 after buying an additional 340 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new stake in Simmons First National Corporation during the first quarter valued at approximately $140,000. Victory Capital Management Inc. increased its stake in Simmons First National Corporation by 23.8% in the first quarter. Victory Capital Management Inc. now owns 2,706 shares of the bank’s stock valued at $149,000 after buying an additional 521 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its stake in Simmons First National Corporation by 2.2% in the first quarter. State of Alaska Department of Revenue now owns 3,290 shares of the bank’s stock valued at $181,000 after buying an additional 70 shares in the last quarter. Institutional investors own 25.96% of the company’s stock.

Simmons First National Corporation (NASDAQ SFNC) traded down 0.09% during midday trading on Monday, reaching $52.65. 7,821 shares of the company traded hands. The stock’s 50 day moving average is $52.89 and its 200 day moving average is $54.16. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 17.39 and a beta of 1.12. Simmons First National Corporation has a one year low of $45.90 and a one year high of $67.00.

Simmons First National Corporation (NASDAQ:SFNC) last announced its earnings results on Wednesday, July 19th. The bank reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.04. The firm had revenue of $112.56 million during the quarter, compared to analysts’ expectations of $110 million. Simmons First National Corporation had a return on equity of 8.71% and a net margin of 21.03%. On average, equities analysts anticipate that Simmons First National Corporation will post $3.16 earnings per share for the current year.

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Several equities research analysts recently commented on the stock. BidaskClub downgraded shares of Simmons First National Corporation from a “hold” rating to a “sell” rating in a research report on Thursday. Zacks Investment Research upgraded shares of Simmons First National Corporation from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Tuesday, August 22nd. Stephens set a $64.00 target price on shares of Simmons First National Corporation and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Raymond James Financial, Inc. upgraded shares of Simmons First National Corporation from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. Finally, ValuEngine downgraded shares of Simmons First National Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Simmons First National Corporation has an average rating of “Hold” and an average price target of $61.25.

In related news, Director Christopher R. Kirkland sold 547 shares of the business’s stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $55.00, for a total transaction of $30,085.00. Following the completion of the transaction, the director now owns 228,399 shares in the company, valued at approximately $12,561,945. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eugene Hunt sold 1,200 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $51.62, for a total value of $61,944.00. Following the transaction, the director now owns 4,030 shares of the company’s stock, valued at approximately $208,028.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,747 shares of company stock valued at $1,357,029. Company insiders own 4.63% of the company’s stock.

Simmons First National Corporation Company Profile

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 and Tennessee.

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

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