Guggenheim Capital Has Boosted Its Targa Res (TRGP) Stake, Last Week Simmons First National (SFNC) Analysts

July 7, 2017 - By Linda Rogers

Among 5 analysts covering Simmons First National (NASDAQ:SFNC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Simmons First National had 12 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating by Raymond James given on Wednesday, July 5. Sandler O’Neill upgraded the stock to “Hold” rating in Friday, January 20 report. The rating was maintained by Keefe Bruyette & Woods on Monday, June 26 with “Hold”. Raymond James downgraded Simmons First National Corporation (NASDAQ:SFNC) on Wednesday, January 25 to “Underperform” rating. Keefe Bruyette & Woods downgraded the shares of SFNC in report on Wednesday, October 26 to “Mkt Perform” rating. Zacks upgraded Simmons First National Corporation (NASDAQ:SFNC) on Tuesday, August 25 to “Sell” rating. The stock of Simmons First National Corporation (NASDAQ:SFNC) has “Mkt Perform” rating given on Friday, October 23 by Raymond James. The company was initiated on Monday, September 21 by Piper Jaffray. The stock of Simmons First National Corporation (NASDAQ:SFNC) has “Sell” rating given on Tuesday, November 22 by Sandler O’Neill. The stock has “Outperform” rating by Wood on Wednesday, June 8. See Simmons First National Corporation (NASDAQ:SFNC) latest ratings:

05/07/2017 Broker: Raymond James Rating: Hold Upgrade
26/06/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $61.0000 Maintain
25/01/2017 Broker: Raymond James Old Rating: Mkt Perform New Rating: Underperform Downgrade
20/01/2017 Broker: Sandler O’Neill Old Rating: Sell New Rating: Hold Upgrade

Guggenheim Capital Llc increased Targa Res Corp (TRGP) stake by 36.42% reported in 2016Q4 SEC filing. Guggenheim Capital Llc acquired 67,304 shares as Targa Res Corp (TRGP)’s stock declined 13.24%. The Guggenheim Capital Llc holds 252,118 shares with $14.14 million value, up from 184,814 last quarter. Targa Res Corp now has $9.62B valuation. The stock decreased 1.91% or $0.85 during the last trading session, reaching $43.61. About 1.86 million shares traded. Targa Resources Corp (NYSE:TRGP) has risen 18.42% since July 7, 2016 and is uptrending. It has outperformed by 1.72% the S&P500.

Investors sentiment increased to 1.9 in 2016 Q4. Its up 0.27, from 1.63 in 2016Q3. It is positive, as 3 investors sold Simmons First National Corporation shares while 37 reduced holdings. 26 funds opened positions while 50 raised stakes. 14.49 million shares or 13.87% more from 12.72 million shares in 2016Q3 were reported. Horrell Cap Mgmt holds 1.05% or 27,160 shares. Quantbot Technologies Lp accumulated 859 shares. Dreman Value Management L L C holds 0.01% in Simmons First National Corporation (NASDAQ:SFNC) or 195 shares. Finance Counselors Inc stated it has 5,299 shares or 0.02% of all its holdings. Assetmark holds 0% or 2 shares in its portfolio. Tfs Capital Lc holds 0.11% or 6,449 shares in its portfolio. Martingale Asset Lp reported 0.02% in Simmons First National Corporation (NASDAQ:SFNC). Tower Research Limited Liability Co (Trc) stated it has 0.01% of its portfolio in Simmons First National Corporation (NASDAQ:SFNC). Parametric Portfolio Limited Liability Corporation, Washington-based fund reported 22,771 shares. Voya Investment Management Limited Liability Co has 325,472 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in Simmons First National Corporation (NASDAQ:SFNC) for 771 shares. Mason Street Advisors Ltd Limited Liability Company has 6,492 shares. Aperio Group Incorporated Ltd Co stated it has 0% in Simmons First National Corporation (NASDAQ:SFNC). Profund Lc holds 6,960 shares or 0.02% of its portfolio. Blackrock Inc has invested 0% in Simmons First National Corporation (NASDAQ:SFNC).

Simmons First National Corporation is a financial holding company. The company has market cap of $1.67 billion. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. It has a 17.55 P/E ratio. As of December 31, 2016, Simmons Bank conducted banking activities through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.

About 96,018 shares traded. Simmons First National Corporation (NASDAQ:SFNC) has risen 13.31% since July 7, 2016 and is uptrending. It has underperformed by 3.39% the S&P500.

Since January 26, 2017, it had 5 buys, and 6 insider sales for $2.98 million activity. COSSE STEVEN A bought 1,000 shares worth $53,500. The insider PORTER JOSEPH D sold $16,280. 500 shares were bought by Massanelli Stephen C, worth $29,500 on Monday, February 6. 25,531 shares valued at $1.40M were sold by KIRKLAND CHRISTOPHER R on Friday, June 9. MAKRIS GEORGE JR had bought 2,000 shares worth $104,000. $197,103 worth of Simmons First National Corporation (NASDAQ:SFNC) was sold by Wade Steven C on Friday, February 3.

Investors sentiment is 1.46 in 2016 Q4. Its the same as in 2016Q3. It is flat, as 35 investors sold TRGP shares while 102 reduced holdings. only 70 funds opened positions while 130 raised stakes. 146.32 million shares or 1.69% more from 143.89 million shares in 2016Q3 were reported. Macroview Inv Management Ltd Company accumulated 52 shares. Bank Of Nova Scotia invested 0.05% in Targa Resources Corp (NYSE:TRGP). Tocqueville Asset Mgmt Ltd Partnership holds 307,344 shares or 0.22% of its portfolio. Qci Asset Management Ny holds 0% in Targa Resources Corp (NYSE:TRGP) or 124 shares. Old Mutual Customised Solutions (Proprietary) Limited accumulated 3,000 shares. 1.33M are held by Tiaa Cref Investment Llc. First In has invested 0.02% in Targa Resources Corp (NYSE:TRGP). Brookfield Asset holds 1.58 million shares. Nomura Asset Mgmt Ltd reported 21,360 shares. Rocky Mountain Advisers Limited Liability holds 0.02% or 81 shares in its portfolio. California-based Hanson Mcclain has invested 0% in Targa Resources Corp (NYSE:TRGP). Kingdon Capital Mngmt Limited Company holds 0.24% or 86,694 shares in its portfolio. Putnam Invests Limited Liability invested in 0.01% or 61,801 shares. 13.25 million were accumulated by Goldman Sachs Gp. Salem Invest Counselors owns 0.01% invested in Targa Resources Corp (NYSE:TRGP) for 1,855 shares.

Guggenheim Capital Llc decreased United States Stl Corp New (NYSE:X) stake by 314,473 shares to 51,147 valued at $1.69M in 2016Q4. It also reduced Antero Midstream Partners Lp (NYSE:AM) stake by 70,132 shares and now owns 50,927 shares. Service Corp Intl (NYSE:SCI) was reduced too.

Since January 18, 2017, it had 0 buys, and 10 insider sales for $8.92 million activity. Shares for $576,670 were sold by McParland Jeffrey J on Wednesday, January 18. Another trade for 25,000 shares valued at $1.50M was made by WHALEN JAMES W on Wednesday, January 18. 11,288 shares were sold by MELOY MATTHEW J, worth $574,706 on Wednesday, May 10. The insider Heim Michael A sold 25,000 shares worth $1.50M. $133,066 worth of Targa Resources Corp (NYSE:TRGP) was sold by Middlebrooks Dan C on Tuesday, May 16. 50,000 shares valued at $3.00M were sold by Perkins Joe Bob on Wednesday, January 18. CRISP CHARLES R also sold $434,046 worth of Targa Resources Corp (NYSE:TRGP) on Wednesday, February 22.

Among 16 analysts covering Targa Resources (NYSE:TRGP), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Targa Resources had 47 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by Raymond James on Monday, January 4. Wunderlich maintained the stock with “Hold” rating in Friday, February 26 report. The stock of Targa Resources Corp (NYSE:TRGP) has “Buy” rating given on Thursday, August 4 by Stifel Nicolaus. The firm has “Equal Weight” rating by Barclays Capital given on Monday, May 2. Stifel Nicolaus maintained the shares of TRGP in report on Monday, August 22 with “Buy” rating. The stock of Targa Resources Corp (NYSE:TRGP) earned “Buy” rating by Stifel Nicolaus on Monday, June 26. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, November 3. The firm has “Outperform” rating by Evercore given on Tuesday, March 7. The rating was initiated by Barclays Capital on Wednesday, March 23 with “Equal-Weight”. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, May 31.