Nationwide Fund Advisors raised its position in Simmons First National Corp. (NASDAQ:SFNC) by 4.6% during the third quarter, Holdings Channel reports. The fund owned 27,654 shares of the company’s stock after buying an additional 1,209 shares during the period. Nationwide Fund Advisors owned about 0.09% of Simmons First National Corp. worth $1,380,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Bank of Montreal Can increased its stake in Simmons First National Corp. by 18.5% in the third quarter. Bank of Montreal Can now owns 2,121 shares of the company’s stock worth $106,000 after buying an additional 331 shares during the period. Kernodle & Katon Asset Management Group LLC increased its stake in Simmons First National Corp. by 246.0% in the second quarter. Kernodle & Katon Asset Management Group LLC now owns 3,287 shares of the company’s stock worth $152,000 after buying an additional 2,337 shares during the period. PineBridge Investments L.P. increased its stake in Simmons First National Corp. by 4.0% in the second quarter. PineBridge Investments L.P. now owns 3,626 shares of the company’s stock worth $167,000 after buying an additional 138 shares during the period. Teacher Retirement System of Texas increased its stake in Simmons First National Corp. by 13.9% in the second quarter. Teacher Retirement System of Texas now owns 3,992 shares of the company’s stock worth $184,000 after buying an additional 488 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in Simmons First National Corp. by 5.1% in the second quarter. Nisa Investment Advisors LLC now owns 4,100 shares of the company’s stock worth $189,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 23.92% of the company’s stock.

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

Shares of Simmons First National Corp. (NASDAQ:SFNC) traded up 1.35% on Tuesday, reaching $60.10. The company’s stock had a trading volume of 174,219 shares. Simmons First National Corp. has a 1-year low of $38.30 and a 1-year high of $60.60. The stock has a 50-day moving average price of $52.75 and a 200-day moving average price of $48.89. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 19.60 and a beta of 0.90.

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A number of equities research analysts recently commented on SFNC shares. Zacks Investment Research raised Simmons First National Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 21st. Keefe, Bruyette & Woods downgraded Simmons First National Corp. from an “outperform” rating to a “market perform” rating and set a $51.00 target price for the company. in a report on Wednesday, October 26th. Finally, Sandler O’Neill downgraded Simmons First National Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, November 22nd.

About Simmons First National Corp.

Simmons First National Corporation is a financial holding company. The Company’s subsidiary bank is Simmons First National Bank (Simmons Bank), a national bank. Simmons Bank and its subsidiaries provide banking services to individuals and businesses across the market areas they serve. Simmons Bank offers consumer, real estate and commercial loans, checking, savings and time deposits.

5 Day Chart for NASDAQ:SFNC

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