Federated Investors Inc Increased Hancock Whitney Corporation (NASDAQ:HBHC) Stake by $11.08 Million

August 12, 2018 - By Nadine Davis

Hancock Holding Company (NASDAQ:HBHC) LogoInvestors sentiment decreased to 0.99 in 2018 Q1. Its down 0.35, from 1.34 in 2017Q4. It fall, as 16 investors sold HBHC shares while 82 reduced holdings. 30 funds opened positions while 67 raised stakes. 62.89 million shares or 1.07% less from 63.57 million shares in 2017Q4 were reported. Franklin Resources Inc has invested 0% of its portfolio in Hancock Holding Company (NASDAQ:HBHC). Florida-based Eagle Asset Management has invested 0.01% in Hancock Holding Company (NASDAQ:HBHC). Victory Inc owns 0.11% invested in Hancock Holding Company (NASDAQ:HBHC) for 937,910 shares. Suntrust Banks Incorporated invested in 0% or 7,688 shares. Heartland owns 169,146 shares or 0.59% of their US portfolio. 20,080 were accumulated by Cs Mckee Ltd Partnership. Blackrock has invested 0.02% in Hancock Holding Company (NASDAQ:HBHC). Wellington Llp reported 464,700 shares. Dorsey Wright And Associate accumulated 66,799 shares. Envestnet Asset Management Inc stated it has 468 shares. Hsbc Holdings Public Limited Company holds 6,056 shares or 0% of its portfolio. Zuckerman Inv Gp Lc holds 0.1% or 7,917 shares. Swiss Savings Bank holds 0.01% of its portfolio in Hancock Holding Company (NASDAQ:HBHC) for 147,600 shares. Public Employees Retirement Association Of Colorado accumulated 0% or 13,895 shares. Shell Asset Mgmt Company owns 31,064 shares.

Since February 20, 2018, it had 0 insider purchases, and 8 insider sales for $4.48 million activity. The insider Exnicios Joseph S sold $410,119. ROSEBERRY ROBERT W had sold 25,000 shares worth $1.35 million on Tuesday, February 20. 14,630 shares were sold by Phillips Joy L, worth $811,058 on Friday, March 9. HAIRSTON JOHN M sold $799,986 worth of stock or 15,941 shares. $669,569 worth of stock was sold by Achary Michael M on Tuesday, February 27. HORNE JAMES H sold $214,030 worth of stock.

Federated Investors Inc increased its stake in Hancock Whitney Corporation (NASDAQ:HBHC) by 147.89% based on its latest 2018Q2 regulatory filing with the SEC. Federated Investors Inc bought 240,924 shares as the company’s stock declined 3.10% with the market. The institutional investor held 403,834 shares of the major banks company at the end of 2018Q2, valued at $18.84 million, up from 162,910 at the end of the previous reported quarter. Federated Investors Inc who had been investing in Hancock Whitney Corporation for a number of months, seems to be bullish on the $ market cap company. The stock decreased 0.19% or $0.1 during the last trading session, reaching $51.65. About 565,502 shares traded or Infinity% up from the average. Hancock Holding Company (NASDAQ:HBHC) has risen 7.94% since August 13, 2017 and is uptrending. It has underperformed by 4.63% the S&P500.

Federated Investors Inc, which manages about $34.12 billion US Long portfolio, decreased its stake in Target Corp (NYSE:TGT) by 628,153 shares to 314,492 shares, valued at $23.94 million in 2018Q2, according to the filing. It also reduced its holding in Starbucks Corp (NASDAQ:SBUX) by 1.08 million shares in the quarter, leaving it with 17,478 shares, and cut its stake in Public Svc Enterprise Group (NYSE:PEG).

Federated Investors Inc is a Pennsylvania-based institutional investor with more than $254.00 billion AUM in March, 2014. This fund invests only a small percentage of its assets in equities and options. Federated Investors Inc is the 12th largest institutional investor in our database. Taken from Federated Investors latest Adv, the fund reported to have 93 full and part-time employees. Among which 91 performing investment advisory and research functions. The institutional investor had more than 107 clients.

Hancock Holding Company (NASDAQ:HBHC) Ratings Coverage

Among 7 analysts covering Hancock Holding (NASDAQ:HBHC), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Hancock Holding had 8 analyst reports since February 26, 2018 according to SRatingsIntel. Stephens maintained Hancock Holding Company (NASDAQ:HBHC) rating on Thursday, April 19. Stephens has “Hold” rating and $5400 target. The stock has “Buy” rating by Piper Jaffray on Wednesday, April 18. As per Wednesday, April 18, the company rating was maintained by SunTrust. Sandler O’Neill maintained Hancock Holding Company (NASDAQ:HBHC) on Wednesday, April 18 with “Buy” rating. The stock of Hancock Holding Company (NASDAQ:HBHC) has “Buy” rating given on Thursday, April 19 by Hovde Group. Jefferies maintained the stock with “Hold” rating in Thursday, April 19 report. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, April 19. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods.

Hancock Holding Company operates as the bank holding firm for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company has market cap of $. The firm offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. It currently has negative earnings. It also provides commercial and industrial; commercial real estate; construction and land development; and residential mortgages, including fixed and adjustable rate loans; and consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans.

Hancock Holding Company (NASDAQ:HBHC) Ratings Chart

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