Investment Counselors Of Maryland Llc Increased Simmons First National Corp (NASDAQ:SFNC) Stake by $14.47 Million

April 26, 2018 - By Henry Gaston

Simmons First National Corporation (NASDAQ:SFNC) LogoInvestors sentiment increased to 3.18 in Q4 2017. Its up 0.73, from 2.45 in 2017Q3. It improved, as 11 investors sold SFNC shares while 22 reduced holdings. 28 funds opened positions while 77 raised stakes. 48.51 million shares or 164.33% more from 18.35 million shares in 2017Q3 were reported. New York-based Citigroup Inc has invested 0% in Simmons First National Corporation (NASDAQ:SFNC). Pnc Service Group owns 681 shares. State Of Alaska Department Of Revenue has invested 0.01% of its portfolio in Simmons First National Corporation (NASDAQ:SFNC). Teton Advisors reported 8,037 shares or 0.04% of all its holdings. Arizona State Retirement Systems owns 0.04% invested in Simmons First National Corporation (NASDAQ:SFNC) for 65,563 shares. 13,667 were accumulated by Dalton Greiner Hartman Maher Company. Parametric Assocs Ltd Liability Com accumulated 64,895 shares or 0% of the stock. 124 were reported by Meeder Asset Mgmt Inc. Bankshares Of Montreal Can has invested 0% in Simmons First National Corporation (NASDAQ:SFNC). Piedmont Inv Advsrs Ltd Llc owns 0.01% invested in Simmons First National Corporation (NASDAQ:SFNC) for 8,018 shares. California State Teachers Retirement System has invested 0.01% in Simmons First National Corporation (NASDAQ:SFNC). Brandywine Glob Mngmt Limited Liability Corporation reported 53,407 shares or 0.02% of all its holdings. Reliant Inv Mgmt Lc reported 0.26% stake. Wells Fargo & Communications Mn accumulated 51,694 shares. Eaton Vance owns 0.01% invested in Simmons First National Corporation (NASDAQ:SFNC) for 62,235 shares.

Since January 25, 2018, it had 1 buy, and 5 selling transactions for $3.05 million activity. Bryant Vernon Wilson Jr. also sold $587,700 worth of Simmons First National Corporation (NASDAQ:SFNC) on Friday, January 26. The insider MAKRIS GEORGE JR bought 2,500 shares worth $145,250.

Investment Counselors Of Maryland Llc increased its stake in Simmons First National Corp (NASDAQ:SFNC) by 100.08% based on its latest 2018Q1 regulatory filing with the SEC. Investment Counselors Of Maryland Llc bought 516,846 shares as the company’s stock declined 6.18% with the market. The institutional investor held 1.03 million shares of the major banks company at the end of 2018Q1, valued at $29.40 million, up from 516,428 at the end of the previous reported quarter. Investment Counselors Of Maryland Llc who had been investing in Simmons First National Corp for a number of months, seems to be bullish on the $2.80 billion market cap company. The stock decreased 0.41% or $0.125 during the last trading session, reaching $30.375. About 317,155 shares traded. Simmons First National Corporation (NASDAQ:SFNC) has risen 3.60% since April 26, 2017 and is uptrending. It has underperformed by 7.95% the S&P500.

Investment Counselors Of Maryland Llc is a Maryland-based institutional investor with more than $2.15 billion AUM in January, 2014. Taken from Investment Counselors Of Maryland latest Adv, the fund reported to have 3 full and part-time employees. Among which 2 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Simmons First National Corporation (NASDAQ:SFNC) Ratings Coverage

Among 4 analysts covering Simmons 1st Nat’l (NASDAQ:SFNC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Simmons 1st Nat’l has $70.0 highest and $3300 lowest target. $34.13’s average target is 12.36% above currents $30.375 stock price. Simmons 1st Nat’l had 9 analyst reports since November 16, 2017 according to SRatingsIntel. The company was upgraded on Wednesday, January 24 by Sandler O’Neill. The rating was maintained by Stephens with “Buy” on Friday, February 9. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Thursday, November 16 by Piper Jaffray. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. Sandler O’Neill maintained Simmons First National Corporation (NASDAQ:SFNC) on Thursday, January 4 with “Hold” rating. The firm has “Hold” rating given on Tuesday, April 24 by Piper Jaffray. Stephens maintained Simmons First National Corporation (NASDAQ:SFNC) rating on Tuesday, January 23. Stephens has “Buy” rating and $66.0 target. Sandler O’Neill maintained Simmons First National Corporation (NASDAQ:SFNC) on Tuesday, April 24 with “Buy” rating.

Simmons First National Corporation operates as a bank holding firm for Simmons Bank that provides financial services to individuals and businesses. The company has market cap of $2.80 billion. The Company’s deposit products include time deposits, checking accounts, and savings accounts. It has a 22.84 P/E ratio. The firm provides commercial loans, commercial real estate loans, and agricultural loans to businesses; and consumer loans, student loans, credit card loans, and single-family residential real estate loans to individuals, as well as equipment and SBA lending.

Simmons First National Corporation (NASDAQ:SFNC) Institutional Positions Chart

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