Victory Capital Management Inc. lowered its position in shares of Hancock Holding (NASDAQ:HBHC) by 73.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 250,341 shares of the financial services provider’s stock after selling 687,569 shares during the quarter. Victory Capital Management Inc. owned about 0.29% of Hancock worth $11,678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. boosted its position in Hancock by 1.5% during the first quarter. BlackRock Inc. now owns 9,302,865 shares of the financial services provider’s stock valued at $480,958,000 after acquiring an additional 140,078 shares during the last quarter. Swiss National Bank raised its holdings in shares of Hancock by 2.2% during the first quarter. Swiss National Bank now owns 147,600 shares of the financial services provider’s stock valued at $7,631,000 after purchasing an additional 3,200 shares during the period. Prudential Financial Inc. raised its holdings in shares of Hancock by 6.7% during the first quarter. Prudential Financial Inc. now owns 898,913 shares of the financial services provider’s stock valued at $46,474,000 after purchasing an additional 56,051 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Hancock by 29.3% during the first quarter. Russell Investments Group Ltd. now owns 149,571 shares of the financial services provider’s stock valued at $7,732,000 after purchasing an additional 33,927 shares during the period. Finally, Great Lakes Advisors LLC raised its holdings in shares of Hancock by 41.3% during the first quarter. Great Lakes Advisors LLC now owns 138,350 shares of the financial services provider’s stock valued at $7,153,000 after purchasing an additional 40,429 shares during the period. 75.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ HBHC opened at $51.65 on Monday. Hancock Holding has a 1-year low of $41.05 and a 1-year high of $56.40. The stock has a market cap of $4.41 billion, a PE ratio of 17.69, a P/E/G ratio of 1.68 and a beta of 1.04. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.10.

About Hancock

Hancock Holding Company operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts.

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Institutional Ownership by Quarter for Hancock (NASDAQ:HBHC)

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