Nice West Life Assurance Co. Can acquired a brand new place in shares of Simmons First Nationwide Co. (NASDAQ:SFNC) throughout the fourth quarter, in keeping with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee. The fund acquired 138,779 shares of the financial institution’s inventory, valued at roughly $3,690,000. Nice West Life Assurance Co. Can owned about 0.14% of Simmons First Nationwide as of its most up-to-date SEC submitting.
Different hedge funds have additionally just lately modified their holdings of the corporate. CFM Wealth Companions LLC purchased a brand new place in Simmons First Nationwide within the fourth quarter valued at about $31,000. Prime Capital Funding Advisors LLC acquired a brand new stake in shares of Simmons First Nationwide throughout the fourth quarter valued at about $38,000. Marshall Wace North America L.P. acquired a brand new stake in shares of Simmons First Nationwide throughout the first quarter valued at about $59,000. Rowland & Co. Funding Counsel ADV purchased a brand new stake in shares of Simmons First Nationwide throughout the fourth quarter price about $100,000. Lastly, Benjamin F. Edwards & Firm Inc. grew its holdings in shares of Simmons First Nationwide by 150.0% throughout the third quarter. Benjamin F. Edwards & Firm Inc. now owns 5,000 shares of the financial institution’s inventory price $125,000 after buying an extra 3,000 shares over the last quarter. Institutional buyers and hedge funds personal 22.11% of the corporate’s inventory.
Shares of SFNC inventory opened at $17.09 on Friday. Simmons First Nationwide Co. has a 1-year low of $14.59 and a 1-year excessive of $27.29. The corporate has a present ratio of 0.94, a fast ratio of 0.94 and a debt-to-equity ratio of 0.56. The inventory has a market cap of $1.61 billion, a price-to-earnings ratio of seven.06 and a beta of 1.09. The inventory has a 50-day transferring common of $23.14 and a 200-day transferring common of $24.74.
Simmons First Nationwide (NASDAQ:SFNC) final introduced its earnings outcomes on Thursday, January 23rd. The financial institution reported $0.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.05. Simmons First Nationwide had a return on fairness of 10.48% and a internet margin of 24.10%. The enterprise had income of $212.70 million for the quarter, in comparison with analysts’ expectations of $205.30 million. Throughout the identical interval within the prior 12 months, the enterprise posted $0.61 earnings per share. Promote-side analysts forecast that Simmons First Nationwide Co. will submit 2.four earnings per share for the present 12 months.
The corporate additionally just lately declared a quarterly dividend, which can be paid on Monday, April sixth. Stockholders of document on Monday, March 16th can be given a $0.17 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.68 dividend on an annualized foundation and a dividend yield of three.98%. This is a rise from Simmons First Nationwide’s earlier quarterly dividend of $0.16. Simmons First Nationwide’s payout ratio is 23.44%.
Quite a few analysis analysts just lately issued experiences on the inventory. Piper Sandler lowered shares of Simmons First Nationwide from an “chubby” score to a “impartial” score and dropped their value goal for the corporate from $29.50 to $27.00 in a report on Thursday, January 23rd. BidaskClub downgraded shares of Simmons First Nationwide from a “promote” score to a “robust promote” score in a analysis be aware on Thursday, January 23rd. Lastly, DA Davidson lifted their value goal on shares of Simmons First Nationwide to $33.00 and gave the inventory a “purchase” score in a report on Thursday, December 26th. Two equities analysis analysts have rated the inventory with a promote score, 4 have given a maintain score and two have assigned a purchase score to the inventory. Simmons First Nationwide at present has a mean score of “Maintain” and a consensus goal value of $28.33.
About Simmons First Nationwide
Simmons First Nationwide Company operates because the holding firm for Simmons Financial institution that gives monetary services and products to people and companies. It affords checking, financial savings, and time deposits; mortgage merchandise, together with shopper, actual property, business, agricultural, tools, and SBA lending; private and company belief companies; bank cards; funding administration merchandise; insurance coverage merchandise; and securities and funding companies.
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