Barclays PLC Sells 7,595 Shares of Hancock Whitney Corp (NYSE:HWC)

Barclays PLC cut its holdings in Hancock Whitney Corp (NYSE:HWC) by 10.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 65,127 shares of the company’s stock after selling 7,595 shares during the quarter. Barclays PLC owned about 0.07% of Hancock Whitney worth $2,494,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Hancock Whitney by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 8,621,346 shares of the company’s stock worth $345,371,000 after buying an additional 49,337 shares during the period. Macquarie Group Ltd. raised its stake in shares of Hancock Whitney by 0.6% in the 2nd quarter. Macquarie Group Ltd. now owns 3,128,448 shares of the company’s stock valued at $125,326,000 after purchasing an additional 18,119 shares during the period. Cramer Rosenthal Mcglynn LLC raised its stake in shares of Hancock Whitney by 55.9% in the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 2,650,587 shares of the company’s stock valued at $106,183,000 after purchasing an additional 950,909 shares during the period. Northern Trust Corp lifted its holdings in shares of Hancock Whitney by 8.3% in the second quarter. Northern Trust Corp now owns 1,994,248 shares of the company’s stock valued at $79,889,000 after purchasing an additional 152,915 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of Hancock Whitney by 17.3% in the second quarter. Wells Fargo & Company MN now owns 1,400,397 shares of the company’s stock valued at $56,101,000 after purchasing an additional 206,589 shares in the last quarter.

Shares of NYSE:HWC opened at $40.13 on Wednesday. The company’s 50-day moving average price is $40.25 and its two-hundred day moving average price is $38.86. Hancock Whitney Corp has a one year low of $32.59 and a one year high of $44.74.

Hancock Whitney (NYSE:HWC) last announced its quarterly earnings data on Tuesday, October 15th. The company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.02. The company had revenue of $306.17 million during the quarter, compared to the consensus estimate of $307.96 million. During the same quarter in the previous year, the business earned $1.01 EPS.

The business also recently declared a dividend, which will be paid on Monday, December 16th. Investors of record on Thursday, December 5th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, December 4th.

In other news, insider Cecil W. Knight, Jr. sold 2,028 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $41.94, for a total value of $85,054.32. Following the completion of the sale, the insider now owns 26,176 shares of the company’s stock, valued at approximately $1,097,821.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Joseph S. Exnicios sold 5,550 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $41.15, for a total value of $228,382.50.

A number of research analysts recently issued reports on HWC shares. Stephens set a $41.00 price objective on Hancock Whitney and gave the stock a “hold” rating in a report on Monday, October 21st. SunTrust Banks set a $42.00 target price on Hancock Whitney and gave the company a “hold” rating in a research report on Friday, September 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $45.40.

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.

See Also: Conference Calls and Individual Investors

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).

Institutional Ownership by Quarter 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.