Dalton Greiner Hartman Maher & Co. Increases Position in Hancock Whitney Corp (NYSE:HWC)
Dalton Greiner Hartman Maher & Co. boosted its holdings in Hancock Whitney Corp (NYSE:HWC) by 1.0% during the third quarter, Holdings Channel.com reports. The firm owned 283,192 shares of the company’s stock after acquiring an additional 2,745 shares during the quarter. Dalton Greiner Hartman Maher & Co.’s holdings in Hancock Whitney were worth $10,845,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Quantamental Technologies LLC grew its stake in shares of Hancock Whitney by 44.8% in the 2nd quarter. Quantamental Technologies LLC now owns 928 shares of the company’s stock worth $37,000 after buying an additional 287 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Hancock Whitney during the 2nd quarter worth about $45,000. Belpointe Asset Management LLC purchased a new stake in shares of Hancock Whitney during the 1st quarter worth about $103,000. Tower Research Capital LLC TRC grew its holdings in shares of Hancock Whitney by 51.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,976 shares of the company’s stock worth $120,000 after purchasing an additional 1,006 shares during the period. Finally, Cerebellum GP LLC purchased a new stake in shares of Hancock Whitney during the 3rd quarter worth about $125,000.
A number of brokerages have recently issued reports on HWC. Stephens reiterated a “hold” rating and set a $42.00 target price on shares of Hancock Whitney in a report on Wednesday, July 17th. Raymond James restated a “reduce” rating and issued a $48.00 price target (up previously from $45.00) on shares of Hancock Whitney in a report on Wednesday, July 17th. Bank of America cut Hancock Whitney from a “buy” rating to a “neutral” rating in a report on Thursday, July 11th. Finally, SunTrust Banks set a $42.00 price target on Hancock Whitney and gave the stock a “hold” rating in a report on Friday, September 13th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Hancock Whitney currently has an average rating of “Hold” and a consensus price target of $45.60.
Hancock Whitney (NYSE:HWC) last released its quarterly earnings results on Tuesday, July 16th. The company reported $1.01 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.01. The company had revenue of $299.12 million during the quarter, compared to analysts’ expectations of $294.04 million. During the same quarter in the prior year, the company earned $0.96 EPS.
The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Thursday, September 5th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Wednesday, September 4th.
Hancock Whitney 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.
Recommended Story: What is Liquidity?
Want to see what other hedge funds are holding HWC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hancock Whitney Corp (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.