Media headlines about Hancock (NASDAQ:HBHC) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hancock earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.0162335617399 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Plenty of Upside Left in Bank Stocks: 4 Picks for 2018 (finance.yahoo.com)
- Hancock (HBHC) Lowered to Hold at BidaskClub (americanbankingnews.com)
- Hancock Holding Company (NASDAQ:HBHC): Stock Update on This Stock – Clawson News (clawsonnews.com)
- Benzinga’s Top Upgrades, Downgrades For December 27, 2017 – Benzinga (benzinga.com)
- Hancock (HBHC) Upgraded to Outperform at Hovde Group (americanbankingnews.com)
Shares of Hancock (NASDAQ HBHC) traded down $0.95 during trading hours on Friday, reaching $49.50. 439,400 shares of the company traded hands, compared to its average volume of 487,835. Hancock has a 12-month low of $41.05 and a 12-month high of $53.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $4,216.46, a price-to-earnings ratio of 19.88, a P/E/G ratio of 2.26 and a beta of 0.91.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Tuesday, December 5th were paid a $0.24 dividend. The ex-dividend date was Monday, December 4th. This represents a $0.96 dividend on an annualized basis and a yield of 1.94%. Hancock’s dividend payout ratio is presently 38.55%.
HBHC has been the subject of several recent research reports. Zacks Investment Research cut shares of Hancock from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. SunTrust Banks restated a “hold” rating and issued a $50.00 price objective on shares of Hancock in a report on Wednesday, October 4th. Piper Jaffray Companies restated an “overweight” rating and issued a $52.00 price objective on shares of Hancock in a report on Thursday, October 5th. Jefferies Group restated a “hold” rating and issued a $52.00 price objective on shares of Hancock in a report on Thursday, October 12th. Finally, ValuEngine lowered shares of Hancock from a “buy” rating to a “hold” rating in a report on Friday, November 17th. Six 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 company. Hancock currently has an average rating of “Buy” and an average price target of $52.83.
In other news, insider Samuel B. Kendricks sold 2,982 shares of Hancock stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $48.62, for a total value of $144,984.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.15% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This news story was first published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://www.chaffeybreeze.com/2017/12/31/hancock-hbhc-given-daily-media-sentiment-score-of-0-24.html.
Hancock Holding Company is a financial services company that provides a network of service financial choices to the Gulf South region, through its bank subsidiary, Whitney Bank (the Bank), a Mississippi state bank. The Company operates through overall banking operations segment. The Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas.
Receive News & Ratings for Hancock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock and related companies with MarketBeat.com's FREE daily email newsletter.