Verition Fund Management LLC Acquires Shares of 10,367 Hancock Whitney Corp (NYSE:HWC)

Verition Fund Management LLC acquired a new stake in shares of Hancock Whitney Corp (NYSE:HWC) in the second quarter, HoldingsChannel reports. The fund acquired 10,367 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Dalton Greiner Hartman Maher & Co. grew its stake in Hancock Whitney by 0.4% during the 2nd quarter. Dalton Greiner Hartman Maher & Co. now owns 258,225 shares of the company’s stock valued at $5,474,000 after purchasing an additional 994 shares in the last quarter. Advisor Group Holdings Inc. acquired a new stake in Hancock Whitney during the 1st quarter valued at approximately $28,000. SG Americas Securities LLC grew its stake in Hancock Whitney by 7.4% during the 1st quarter. SG Americas Securities LLC now owns 22,156 shares of the company’s stock valued at $432,000 after purchasing an additional 1,523 shares in the last quarter. Strs Ohio grew its stake in Hancock Whitney by 5.1% during the 2nd quarter. Strs Ohio now owns 42,900 shares of the company’s stock valued at $909,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Cerebellum GP LLC acquired a new position in shares of Hancock Whitney in the 2nd quarter worth approximately $125,000.

NYSE:HWC opened at $19.76 on Wednesday. Hancock Whitney Corp has a 12-month low of $14.32 and a 12-month high of $44.42. The business has a 50 day simple moving average of $20.10 and a 200 day simple moving average of $20.90.

Hancock Whitney (NYSE:HWC) last released its quarterly earnings data on Tuesday, July 21st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.24). The company had revenue of $311.81 million during the quarter, compared to analyst estimates of $312.85 million.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 8th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 5.47%. The ex-dividend date was Friday, September 4th.

Several research analysts have recently commented on HWC shares. TheStreet lowered Hancock Whitney from a “c” rating to a “d+” rating in a research report on Tuesday, August 4th. Piper Sandler lifted their target price on Hancock Whitney from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. SunTrust Banks lifted their target price on Hancock Whitney from $26.00 to $27.00 and gave the stock a “hold” rating in a research report on Thursday, June 18th. Raymond James reiterated a “buy” rating on shares of Hancock Whitney in a research report on Wednesday, September 9th. Finally, Zacks Investment Research upgraded Hancock Whitney from a “sell” rating to a “hold” rating and set a $23.00 target price for the company in a research report on Monday, June 8th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $27.67.

In other Hancock Whitney news, insider Cecil W. Knight, Jr. sold 3,578 shares of Hancock Whitney stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $18.99, for a total transaction of $67,946.22. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Hancock Whitney Company 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: Hedge Funds – How They Work For 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.