News headlines about Hancock (NASDAQ:HBHC) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hancock earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.7326743900054 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Hancock Holding (HBHC) Insider Joy L. Phillips Sells 14,630 Shares (americanbankingnews.com)
- Zacks: Brokerages Anticipate Hancock Holding (HBHC) Will Announce Quarterly Sales of $281.83 Million (americanbankingnews.com)
- Hancock Holding to Post Q1 2019 Earnings of $0.97 Per Share, FIG Partners Forecasts (HBHC) (americanbankingnews.com)
- Brokerages Expect Hancock Holding (HBHC) Will Post Earnings of $0.89 Per Share (americanbankingnews.com)
- Hancock Holding (HBHC) Presents At Raymond James 39th Annual Institutional Investors Conference – Slideshow (seekingalpha.com)
Hancock (NASDAQ HBHC) opened at $55.70 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11. Hancock has a 52 week low of $41.05 and a 52 week high of $56.20. The firm has a market cap of $4,752.86, a price-to-earnings ratio of 19.03, a P/E/G ratio of 1.83 and a beta of 1.03.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Monday, March 5th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.72%. The ex-dividend date is Friday, March 2nd. Hancock’s payout ratio is 38.55%.
HBHC has been the topic of a number of research reports. SunTrust Banks reaffirmed a “hold” rating and set a $59.00 price objective on shares of Hancock in a research report on Friday, January 19th. ValuEngine downgraded shares of Hancock from a “buy” rating to a “hold” rating in a research report on Friday, November 17th. Sandler O’Neill raised shares of Hancock from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $62.00 target price on shares of Hancock in a research note on Friday, January 19th. Finally, BidaskClub raised shares of Hancock from a “hold” rating to a “buy” rating in a report on Thursday, January 11th. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Hancock currently has an average rating of “Buy” and an average price target of $56.75.
In related news, Director Sonya C. Little sold 600 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $54.85, for a total value of $32,910.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Joseph S. Exnicios sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $53.40, for a total value of $53,400.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 44,261 shares of company stock worth $2,414,102. Company insiders own 1.15% of the company’s stock.
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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.
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