Hancock Whitney Corp (NYSE:HWC) – Research analysts at Jefferies Financial Group reduced their FY2018 earnings per share (EPS) estimates for shares of Hancock Whitney in a report released on Tuesday, January 8th. Jefferies Financial Group analyst C. Haire now forecasts that the company will post earnings per share of $4.01 for the year, down from their prior estimate of $4.06. Jefferies Financial Group also issued estimates for Hancock Whitney’s Q4 2018 earnings at $1.13 EPS.

Hancock Whitney (NYSE:HWC) last issued its quarterly earnings data on Tuesday, October 16th. The company reported $1.01 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.01. The company had revenue of $289.71 million during the quarter, compared to the consensus estimate of $292.73 million.

Several other equities analysts also recently commented on the stock. Raymond James downgraded shares of Hancock Whitney from a “strong-buy” rating to an “outperform” rating in a research note on Monday, January 7th. Zacks Investment Research upgraded shares of Hancock Whitney from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Tuesday, October 16th. FIG Partners upgraded shares of Hancock Whitney from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 6th. Finally, Stephens set a $59.00 price target on shares of Hancock Whitney and gave the company a “buy” rating in a research note on Wednesday, October 17th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $55.75.

Shares of HWC opened at $37.67 on Friday. Hancock Whitney has a fifty-two week low of $32.59 and a fifty-two week high of $56.40.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 14th. Investors of record on Wednesday, December 5th were paid a $0.27 dividend. The ex-dividend date was Tuesday, December 4th. This represents a $1.08 annualized dividend and a dividend yield of 2.87%.

In other Hancock Whitney news, insider Cecil W. Knight, Jr. purchased 1,500 shares of the firm’s stock in a transaction that occurred on Monday, October 22nd. The shares were acquired at an average cost of $41.41 per share, for a total transaction of $62,115.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Several hedge funds have recently added to or reduced their stakes in the stock. Chickasaw Capital Management LLC acquired a new position in shares of Hancock Whitney in the fourth quarter valued at about $2,034,000. Retirement Systems of Alabama acquired a new position in shares of Hancock Whitney in the fourth quarter valued at about $3,826,000. Foundry Partners LLC acquired a new position in shares of Hancock Whitney in the fourth quarter valued at about $20,990,000. Finally, Copper Rock Capital Partners LLC acquired a new position in shares of Hancock Whitney in the fourth quarter valued at about $13,233,000.

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.

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Earnings History and Estimates for Hancock Whitney (NYSE:HWC)

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