Hancock Whitney Corp (NYSE:HWC) Director Joan Cahill Teofilo Sells 1,150 Shares
Hancock Whitney Corp (NYSE:HWC) Director Joan Cahill Teofilo sold 1,150 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $39.34, for a total transaction of $45,241.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
NYSE:HWC traded down $0.04 during trading hours on Friday, reaching $39.75. 232,852 shares of the company were exchanged, compared to its average volume of 452,636. Hancock Whitney Corp has a 52-week low of $32.59 and a 52-week high of $53.00.
Hancock Whitney (NYSE:HWC) last issued its earnings results on Tuesday, April 16th. The company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.02. The business had revenue of $293.58 million during the quarter, compared to analysts’ expectations of $294.63 million. Hancock Whitney’s revenue was up 6.4% on a year-over-year basis.
Several hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Hancock Whitney in the 4th quarter valued at $346,012,000. Dimensional Fund Advisors LP raised its stake in shares of Hancock Whitney by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,627,724 shares of the company’s stock valued at $146,561,000 after acquiring an additional 65,312 shares during the period. Macquarie Group Ltd. raised its stake in shares of Hancock Whitney by 6.7% in the 1st quarter. Macquarie Group Ltd. now owns 3,110,329 shares of the company’s stock valued at $125,657,000 after acquiring an additional 194,442 shares during the period. Northern Trust Corp purchased a new position in shares of Hancock Whitney in the 4th quarter valued at $64,031,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Hancock Whitney in the 4th quarter valued at $57,218,000.
A number of equities analysts have weighed in on HWC shares. Zacks Investment Research raised shares of Hancock Whitney from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Tuesday, March 19th. Stephens set a $50.00 price target on shares of Hancock Whitney and gave the stock a “buy” rating in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. Hancock Whitney currently has an average rating of “Buy” and an average price target of $52.00.
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Hancock Whitney Company Profile
Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.
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