5 hours Ago By ABMN Staff
Russell Investments Group Ltd. lowered its stake in shares of Hancock Whitney Co. ( NASDAQ:HWC – Free Report ) by 53.
9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,557 shares of the company’s stock after selling 28,680 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Hancock Whitney were worth $1,344,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc.
raised its stake in Hancock Whitney by 1.8% during the fourth quarter. Vanguard Group Inc.
now owns 10,097,563 shares of the company’s stock valued at $552,539,000 after purchasing an additional 181,706 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Hancock Whitney by 0.6% in the 4th quarter.
Allspring Global Investments Holdings LLC now owns 1,898,504 shares of the company’s stock valued at $102,557,000 after acquiring an additional 12,172 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Hancock Whitney by 6.
4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,228,710 shares of the company’s stock worth $67,235,000 after acquiring an additional 73,875 shares in the last quarter.
Norges Bank bought a new stake in Hancock Whitney during the fourth quarter worth approximately $54,605,000. Finally, Boston Partners raised its position in Hancock Whitney by 4.6% during the fourth quarter.
Boston Partners now owns 729,741 shares of the company’s stock valued at $40,533,000 after purchasing an additional 32,189 shares during the period. Institutional investors own 81.22% of the company’s stock.
Hancock Whitney Stock Performance Shares of Hancock Whitney stock opened at $48.65 on Monday. Hancock Whitney Co.
has a one year low of $43.60 and a one year high of $62.40.
The company has a market capitalization of $4.19 billion, a PE ratio of 9.21 and a beta of 0.
99. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.
79 and a current ratio of 0.79. The company has a 50-day simple moving average of $52.
57 and a two-hundred day simple moving average of $55.15. Hancock Whitney Increases Dividend The business also recently announced a quarterly dividend, which was paid on Monday, March 17th.
Investors of record on Wednesday, March 5th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, March 5th.
This is a boost from Hancock Whitney’s previous quarterly dividend of $0.40. This represents a $1.
80 dividend on an annualized basis and a yield of 3.70%. Hancock Whitney’s dividend payout ratio (DPR) is 33.
21%. Analyst Ratings Changes HWC has been the subject of a number of analyst reports. Raymond James restated a “strong-buy” rating and issued a $62.
00 price target (down from $72.00) on shares of Hancock Whitney in a research report on Wednesday, April 16th. Stephens decreased their target price on Hancock Whitney from $73.
00 to $69.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. DA Davidson reduced their price target on shares of Hancock Whitney from $69.
00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods dropped their target price on shares of Hancock Whitney from $68.
00 to $62.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 16th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $70.
00 price target (up previously from $68.00) on shares of Hancock Whitney in a research note on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock.
Based on data from MarketBeat.com, Hancock Whitney has an average rating of “Moderate Buy” and an average price target of $60.56.
Check Out Our Latest Analysis on Hancock Whitney Hancock Whitney Profile ( Free Report ) Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products. Read More 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 Co. ( NASDAQ:HWC – Free Report ). 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.
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