Hancock Whitney (HWC) Releases Earnings Results, Meets Expectations

Hancock Whitney (NYSE:HWC) posted its quarterly earnings data on Tuesday. The company reported $1.01 EPS for the quarter, hitting the consensus estimate of $1.01, MarketWatch Earnings reports.

NYSE:HWC opened at $44.51 on Wednesday. Hancock Whitney has a one year low of $43.46 and a one year high of $56.40.

Several equities research analysts recently commented on the stock. Piper Jaffray Companies set a $59.00 price objective on shares of Hancock Whitney and gave the stock a “buy” rating in a research note on Thursday, July 19th. Zacks Investment Research raised shares of Hancock Whitney from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Tuesday. Finally, Stephens raised shares of Hancock Whitney from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $54.00 to $59.00 in a research note on Thursday, July 19th.

In related news, Director Christine L. Pickering sold 586 shares of the business’s stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $51.55, for a total transaction of $30,208.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John M. Hairston sold 15,941 shares of the business’s stock in a transaction dated Tuesday, July 31st. The stock was sold at an average price of $50.18, for a total transaction of $799,919.38. The disclosure for this sale can be found here. Insiders have sold 24,452 shares of company stock worth $1,240,246 in the last three months.

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.

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Earnings History for Hancock Whitney (NYSE:HWC)

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