Hancock Holding Company (NASDAQ:HBHC) announced a quarterly dividend on Tuesday, August 1st, Wall Street Journal reports. Investors of record on Tuesday, September 5th will be given a dividend of 0.24 per share by the financial services provider on Friday, September 15th. This represents a $0.96 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Thursday, August 31st.

Hancock Holding (HBHC) opened at 43.70 on Wednesday. The stock’s 50 day moving average is $46.24 and its 200 day moving average is $46.68. Hancock Holding has a 52 week low of $31.12 and a 52 week high of $52.94. The company has a market capitalization of $3.70 billion, a PE ratio of 18.24 and a beta of 0.85.

Hancock Holding (NASDAQ:HBHC) last posted its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.68 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.68. Hancock Holding had a return on equity of 7.85% and a net margin of 18.91%. The company had revenue of $267.20 million during the quarter, compared to analyst estimates of $265.03 million. During the same quarter last year, the company earned $0.59 EPS. Analysts predict that Hancock Holding will post $2.72 EPS for the current fiscal year.

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In other Hancock Holding news, Director Randall W. Hanna sold 2,300 shares of Hancock Holding stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $43.93, for a total value of $101,039.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Joseph S. Exnicios sold 3,369 shares of Hancock Holding stock in a transaction on Monday, July 31st. The stock was sold at an average price of $46.27, for a total value of $155,883.63. The disclosure for this sale can be found here. In the last three months, insiders sold 36,855 shares of company stock valued at $1,776,738. Corporate insiders own 1.15% of the company’s stock.

A number of research analysts recently weighed in on HBHC shares. Piper Jaffray Companies set a $52.00 price objective on Hancock Holding and gave the company a “buy” rating in a research report on Thursday, August 24th. Keefe, Bruyette & Woods set a $50.00 price objective on Hancock Holding and gave the company a “hold” rating in a research report on Friday, August 11th. ValuEngine raised Hancock Holding from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research raised Hancock Holding from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a research report on Tuesday, July 18th. Finally, BidaskClub lowered Hancock Holding from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Hancock Holding has an average rating of “Buy” and a consensus target price of $50.03.

About Hancock Holding

Hancock Holding Company is a financial services company that provides a network of service financial choices to the Gulf South region, through its bank subsidiary, Whitney Bank (the Bank), a Mississippi state bank. The Company operates through overall banking operations segment. The Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas.

Dividend History for Hancock Holding (NASDAQ:HBHC)

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