Hancock Whitney Corp (NYSE:HWC) – Research analysts at SunTrust Banks lifted their Q3 2018 earnings per share estimates for shares of Hancock Whitney in a note issued to investors on Wednesday, July 18th. SunTrust Banks analyst J. Demba now forecasts that the company will post earnings per share of $1.01 for the quarter, up from their prior estimate of $0.96. SunTrust Banks also issued estimates for Hancock Whitney’s FY2018 earnings at $3.90 EPS.
Get Hancock Whitney alerts:Other equities research analysts have also issued reports about the company. Zacks Investment Research upgraded Hancock Whitney from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Tuesday, June 19th. Piper Jaffray Companies set a $59.00 price target on Hancock Whitney and gave the company a “buy” rating in a research report on Thursday. Finally, Stephens restated a “hold” rating and set a $54.00 price target on shares of Hancock Whitney in a research report on Wednesday.
Hancock Whitney opened at $51.65 on Friday, according to MarketBeat.com. Hancock Whitney has a twelve month low of $41.05 and a twelve month high of $56.40.
Hancock Whitney (NYSE:HWC) last released its quarterly earnings results on Tuesday, July 17th. The company reported $0.96 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.02. The firm had revenue of $280.38 million for the quarter, compared to the consensus estimate of $276.76 million. During the same quarter in the prior year, the firm earned $0.68 earnings per share.
A number of institutional investors have recently added to or reduced their stakes in HWC. Copper Rock Capital Partners LLC bought a new stake in Hancock Whitney in the second quarter worth $22,729,000. Foundry Partners LLC bought a new stake in Hancock Whitney in the second quarter worth $20,333,000. Dalton Greiner Hartman Maher & Co. bought a new stake in Hancock Whitney in the second quarter worth $17,375,000. Fisher Asset Management LLC bought a new stake in Hancock Whitney in the second quarter worth $9,543,000. Finally, Cornerstone Wealth Management LLC bought a new stake in Hancock Whitney in the second quarter worth $3,363,000.
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.
See Also: Should you buy a closed-end mutual fund?
No comments:
Post a Comment