Q3 2021 EPS Estimates for Hancock Whitney Corp Decreased by Analyst (NYSE:HWC)
Hancock Whitney Corp (NYSE:HWC) – Investment analysts at Jefferies Financial Group lowered their Q3 2021 earnings estimates for shares of Hancock Whitney in a research note issued on Thursday, July 9th. Jefferies Financial Group analyst C. Haire now forecasts that the company will earn $0.82 per share for the quarter, down from their previous estimate of $0.91. Jefferies Financial Group also issued estimates for Hancock Whitney’s Q4 2021 earnings at $0.84 EPS.
Hancock Whitney (NYSE:HWC) last posted its quarterly earnings data on Tuesday, April 28th. The company reported ($1.28) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($1.62). The firm had revenue of $319.02 million during the quarter, compared to analyst estimates of $308.63 million. The firm’s revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the business earned $1.00 EPS.
NYSE HWC opened at $18.94 on Monday. The business’s 50-day moving average price is $21.64 and its 200 day moving average price is $27.82. Hancock Whitney has a twelve month low of $14.32 and a twelve month high of $44.42.
Several hedge funds have recently bought and sold shares of HWC. Norges Bank purchased a new position in shares of Hancock Whitney in the fourth quarter valued at $42,682,000. Macquarie Group Ltd. lifted its holdings in Hancock Whitney by 22.5% in the 4th quarter. Macquarie Group Ltd. now owns 4,043,620 shares of the company’s stock worth $177,434,000 after buying an additional 742,322 shares in the last quarter. Janus Henderson Group PLC boosted its position in Hancock Whitney by 33.5% in the 4th quarter. Janus Henderson Group PLC now owns 1,809,965 shares of the company’s stock valued at $79,421,000 after buying an additional 453,956 shares during the last quarter. Hancock Whitney Corp grew its stake in shares of Hancock Whitney by 23.6% during the first quarter. Hancock Whitney Corp now owns 1,308,000 shares of the company’s stock valued at $25,533,000 after acquiring an additional 250,060 shares in the last quarter. Finally, Prudential PLC purchased a new stake in shares of Hancock Whitney during the first quarter worth about $3,912,000.
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a $0.27 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.08 annualized dividend and a yield of 5.70%.
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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