$0.68 EPS Expected for Hancock Holding Company (HBHC)

July 18, 2017 - By Louis Casey

 $0.68 EPS Expected for Hancock Holding Company (HBHC)
Investors sentiment increased to 1.63 in 2016 Q4. Its up 0.60, from 1.03 in 2016Q3. It is positive, as 23 investors sold Hancock Holding Company shares while 55 reduced holdings. 46 funds opened positions while 81 raised stakes. 63.35 million shares or 6.93% more from 59.25 million shares in 2016Q3 were reported.
Paloma Prtn Management owns 14,654 shares. Maryland-based Calvert Investment Management Incorporated has invested 0.01% in Hancock Holding Company (NASDAQ:HBHC). Benjamin F Edwards & owns 67 shares. Franklin Inc holds 0% in Hancock Holding Company (NASDAQ:HBHC) or 54,474 shares. Proshare Advsr Lc owns 33,793 shares or 0.02% of their US portfolio. Comml Bank Of Montreal Can has 7,117 shares for 0% of their portfolio. Deprince Race & Zollo stated it has 542,604 shares. Moreover, Macquarie Grp Ltd has 0.2% invested in Hancock Holding Company (NASDAQ:HBHC) for 2.43M shares. Mai Mgmt reported 6,487 shares. Pitcairn stated it has 13,905 shares or 0.07% of all its holdings. Tiaa Cref Management Limited Liability holds 228,880 shares or 0.01% of its portfolio. Texas Permanent School Fund reported 60,579 shares. State Board Of Administration Of Florida Retirement Systems holds 63,340 shares. Clearbridge Investments Ltd Company holds 0% or 317 shares in its portfolio. Mckinley Capital Mngmt Ltd Delaware accumulated 660 shares.

Since February 13, 2017, it had 1 buying transaction, and 19 selling transactions for $13.05 million activity. ROSEBERRY ROBERT W sold 6,000 shares worth $285,000. $501,046 worth of Hancock Holding Company (NASDAQ:HBHC) was sold by Barker Stephen E. on Friday, June 9. Thomas Suzanne C. sold $297,533 worth of stock. Achary Michael M also sold $1.90 million worth of Hancock Holding Company (NASDAQ:HBHC) shares. SCHLOEGEL GEORGE A sold 4,953 shares worth $251,522. Another trade for 67,294 shares valued at $3.15 million was sold by HAIRSTON JOHN M. Shares for $1,174 were bought by Teofilo Joan Cahill.

Wall Street await Hancock Holding Company (NASDAQ:HBHC) to release earnings on July, 19. Analysts forecast earnings per share of $0.68, up exactly $0.09 or 15.25 % from 2014’s $0.59 EPS. The expected HBHC’s profit could reach $57.35M giving the stock 18.31 P/E in the case that $0.68 earnings per share is reported. After posting $0.63 EPS for the previous quarter, Hancock Holding Company’s analysts now forecast 7.94 % EPS growth. The stock decreased 0.50% or $0.25 during the last trading session, reaching $49.8. About shares traded. Hancock Holding Company (NASDAQ:HBHC) has risen 80.63% since July 18, 2016 and is uptrending. It has outperformed by 63.93% the S&P500.

Hancock Holding Company (NASDAQ:HBHC) Ratings Coverage

Among 13 analysts covering Hancock Holding Company (NASDAQ:HBHC), 5 have Buy rating, 0 Sell and 8 Hold. Therefore 38% are positive. Hancock Holding Company had 20 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wood given on Friday, April 8. The rating was upgraded by Stephens to “Overweight” on Friday, July 24. The stock of Hancock Holding Company (NASDAQ:HBHC) earned “Neutral” rating by SunTrust on Monday, September 19. Piper Jaffray initiated it with “Neutral” rating and $29.0 target in Tuesday, December 8 report. JMP Securities initiated Hancock Holding Company (NASDAQ:HBHC) on Thursday, February 2 with “Mkt Outperform” rating. Suntrust Robinson downgraded the shares of HBHC in report on Monday, September 19 to “Neutral” rating. Hovde Group downgraded the stock to “Market Perform” rating in Tuesday, March 29 report. Raymond James upgraded the stock to “Strong Buy” rating in Thursday, March 16 report. The firm has “Neutral” rating given on Friday, July 22 by Bank of America. On Monday, May 9 the stock rating was upgraded by Raymond James to “Outperform”.

Hancock Holding Company is a financial services firm that provides a network of service financial choices to the Gulf South region, through its bank subsidiary, Whitney Bank , a Mississippi state bank. The company has market cap of $4.20 billion. The Firm operates through overall banking activities segment. It has a 20.89 P/E ratio. The Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas.

More news for Hancock Holding Company (NASDAQ:HBHC) were recently published by: Benzinga.com, which released: “Earnings Scheduled For July 18, 2017” on July 18, 2017. Globenewswire.com‘s article titled: “Hancock Holding Company to announce second quarter 2017 financial results July …” and published on June 29, 2017 is yet another important article.

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