Raymond James restated their reduce rating on shares of Hancock Whitney (NYSE:HWC) in a report released on Wednesday, The Fly reports. They currently have a $48.00 target price on the stock, up from their prior target price of $45.00.

Several other research firms also recently weighed in on HWC. Stephens reissued an overweight rating and set a $120.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Wednesday. Bank of America set a $97.00 price target on Merck & Co., Inc. and gave the stock a buy rating in a research report on Thursday, July 11th. Finally, Zacks Investment Research raised GreenTree Hospitality Group from a sell rating to a hold rating in a research report on Monday, April 15th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $46.50.

Shares of HWC stock opened at $40.37 on Wednesday. The business’s fifty day moving average price is $39.42. Hancock Whitney has a 1 year low of $32.59 and a 1 year high of $53.00.

Hancock Whitney (NYSE:HWC) last issued its quarterly earnings data on Tuesday, July 16th. The company reported $1.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.01. The firm had revenue of $299.12 million for the quarter, compared to analyst estimates of $294.04 million. During the same period in the prior year, the firm posted $0.96 earnings per share.

In other news, Director Joan Cahill Teofilo sold 1,150 shares of Hancock Whitney stock in a transaction on Friday, June 14th. The stock was sold at an average price of $39.34, for a total value of $45,241.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio purchased a new stake in Hancock Whitney during the fourth quarter valued at about $1,829,000. Janus Henderson Group PLC grew its position in Hancock Whitney by 2.0% during the first quarter. Janus Henderson Group PLC now owns 1,175,146 shares of the company’s stock valued at $47,476,000 after acquiring an additional 22,882 shares during the period. Millennium Management LLC purchased a new stake in Hancock Whitney during the fourth quarter valued at about $11,162,000. Raymond James & Associates purchased a new stake in Hancock Whitney during the fourth quarter valued at about $1,348,000. Finally, MetLife Investment Advisors LLC purchased a new stake in Hancock Whitney during the fourth quarter valued at about $3,067,000.

About Hancock Whitney

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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Analyst Recommendations for Hancock Whitney (NYSE:HWC)

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