Stephens lowered shares of Hancock Whitney (NYSE:HWC) from an overweight rating to an equal rating in a research note issued to investors on Tuesday morning, BenzingaRatingsTable reports. The firm currently has $42.00 price objective on the stock.

Separately, 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. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $50.40.

NYSE HWC opened at $39.11 on Tuesday. Hancock Whitney has a 1 year low of $32.59 and a 1 year high of $53.00. The business has a 50 day moving average price of $39.46.

Hancock Whitney (NYSE:HWC) last posted its earnings results on Tuesday, April 16th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.02. The firm had revenue of $293.58 million during the quarter, compared to analysts’ expectations of $294.63 million. The company’s revenue was up 6.4% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Wednesday, June 5th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 2.76%. The ex-dividend date was Tuesday, June 4th.

In other news, Director Joan Cahill Teofilo sold 1,150 shares of the firm’s stock in a transaction on Friday, June 14th. The shares were 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 is available at the SEC website.

Several institutional investors have recently bought and sold shares of the company. Louisiana State Employees Retirement System raised its position in shares of Hancock Whitney by 1.3% during the 1st quarter. Louisiana State Employees Retirement System now owns 22,900 shares of the company’s stock valued at $925,000 after buying an additional 300 shares in the last quarter. MetLife Investment Advisors LLC grew its holdings in shares of Hancock Whitney by 0.3% during the 1st quarter. MetLife Investment Advisors LLC now owns 88,825 shares of the company’s stock valued at $3,589,000 after purchasing an additional 300 shares during the last quarter. Arizona State Retirement System grew its holdings in shares of Hancock Whitney by 0.7% during the 1st quarter. Arizona State Retirement System now owns 61,528 shares of the company’s stock valued at $2,486,000 after purchasing an additional 401 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Hancock Whitney by 1.8% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 34,255 shares of the company’s stock valued at $1,384,000 after purchasing an additional 598 shares during the last quarter. Finally, Mason Street Advisors LLC grew its holdings in shares of Hancock Whitney by 2.1% during the 1st quarter. Mason Street Advisors LLC now owns 45,566 shares of the company’s stock valued at $1,841,000 after purchasing an additional 956 shares during the last quarter.

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: Asset Allocation Models, Which is Right For You?

Analyst Recommendations for Hancock Whitney (NYSE:HWC)

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.