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.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Wednesday, June 5th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Tuesday, June 4th.

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.

TRADEMARK VIOLATION NOTICE: “Hancock Whitney Corp (NYSE:HWC) Director Joan Cahill Teofilo Sells 1,150 Shares” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://www.watchlistnews.com/hancock-whitney-corp-nysehwc-director-joan-cahill-teofilo-sells-1150-shares/3041828.html.

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.

Featured Article: Do equity income investments outperform growth and income investments?

Receive News & Ratings for Hancock Whitney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock Whitney and related companies with MarketBeat.com's FREE daily email newsletter.