Hancock Whitney (NYSE:HWC) Earns Hold Rating from Stephens
Stephens restated their hold rating on shares of Hancock Whitney (NYSE:HWC) in a report released on Wednesday morning, AnalystRatings.com reports. The firm currently has a $42.00 price target on the stock.
Other equities analysts also recently issued reports about the stock. Bank of America set a $97.00 price objective on shares of Merck & Co., Inc. and gave the stock a buy rating in a research note on Thursday, July 11th. Zacks Investment Research upgraded shares of GreenTree Hospitality Group from a sell rating to a hold rating in a research note on Monday, April 15th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $46.50.
Hancock Whitney stock opened at $40.37 on Wednesday. The business’s 50-day simple moving average is $39.42. Hancock Whitney has a one year low of $32.59 and a one year high of $53.00.
In related news, Director Joan Cahill Teofilo sold 1,150 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were 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 can be accessed through the SEC website.
A number of large investors have recently modified their holdings of HWC. Dimensional Fund Advisors LP acquired a new stake in Hancock Whitney in the 4th quarter valued at about $123,438,000. Macquarie Group Ltd. acquired a new stake in Hancock Whitney in the 4th quarter valued at about $101,036,000. Geode Capital Management LLC acquired a new stake in Hancock Whitney in the 4th quarter valued at about $39,017,000. Hancock Whitney Corp acquired a new stake in Hancock Whitney in the 4th quarter valued at about $36,823,000. Finally, Norges Bank acquired a new stake in Hancock Whitney in the 4th quarter valued at about $29,767,000.
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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