US Bancorp DE Has $141,000 Stock Holdings in Hancock Whitney Co. (NASDAQ:HWC)

US Bancorp DE lifted its holdings in Hancock Whitney Co. (NASDAQ:HWC) by 11.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,581 shares of the company’s stock after buying an additional 265 shares during the period. US Bancorp DE’s holdings in Hancock Whitney were worth $141,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust boosted its position in Hancock Whitney by 9.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,911 shares of the company’s stock valued at $105,000 after purchasing an additional 169 shares during the last quarter. Sanctuary Advisors LLC boosted its position in Hancock Whitney by 1.1% during the fourth quarter. Sanctuary Advisors LLC now owns 20,358 shares of the company’s stock valued at $1,221,000 after purchasing an additional 227 shares during the last quarter. Pacer Advisors Inc. boosted its position in Hancock Whitney by 1.9% during the fourth quarter. Pacer Advisors Inc. now owns 12,845 shares of the company’s stock valued at $703,000 after purchasing an additional 238 shares during the last quarter. BTC Capital Management Inc. boosted its position in Hancock Whitney by 4.6% during the fourth quarter. BTC Capital Management Inc. now owns 7,121 shares of the company’s stock valued at $390,000 after purchasing an additional 311 shares during the last quarter. Finally, DMC Group LLC boosted its position in Hancock Whitney by 3.7% during the fourth quarter. DMC Group LLC now owns 8,822 shares of the company’s stock valued at $483,000 after purchasing an additional 317 shares during the last quarter. Institutional investors and hedge funds own 81.22% of the company’s stock.

Hancock Whitney Trading Up 3.2 %

Hancock Whitney stock opened at $51.21 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.79 and a current ratio of 0.79. The business’s 50-day simple moving average is $57.21 and its 200-day simple moving average is $55.32. The firm has a market capitalization of $4.41 billion, a PE ratio of 9.70 and a beta of 1.24. Hancock Whitney Co. has a 52 week low of $41.56 and a 52 week high of $62.40.

Hancock Whitney (NASDAQ:HWC) last posted its quarterly earnings data on Tuesday, January 21st. The company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.12. Hancock Whitney had a return on equity of 11.56% and a net margin of 22.40%. During the same period last year, the firm earned $1.26 EPS. Equities research analysts forecast that Hancock Whitney Co. will post 5.53 earnings per share for the current year.

Hancock Whitney Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 3.51%. This is a positive change from Hancock Whitney’s previous quarterly dividend of $0.40. The ex-dividend date is Wednesday, March 5th. Hancock Whitney’s payout ratio is currently 34.09%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on HWC shares. StockNews.com raised Hancock Whitney from a “sell” rating to a “hold” rating in a research report on Monday, March 3rd. Keefe, Bruyette & Woods boosted their price target on Hancock Whitney from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. Stephens reaffirmed an “overweight” rating and issued a $74.00 price target (up previously from $68.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Finally, Raymond James reaffirmed a “strong-buy” rating and issued a $72.00 price target (up previously from $64.00) on shares of Hancock Whitney in a research report on Wednesday, January 22nd. Three research 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 stock. According to MarketBeat.com, Hancock Whitney presently has an average rating of “Moderate Buy” and a consensus price target of $62.56.

Hancock Whitney Company Profile

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.