A number of other brokerages have also issued reports on HWC. Stephens raised Hancock Whitney from an "equal weight" rating to an "overweight" rating in a research report on Monday, December 9th. Truist Financial decreased their target price on Hancock Whitney from $57.00 to $56.00 and set a "hold" rating on the stock in a research note on Friday, September 20th. Keefe, Bruyette & Woods raised their target price on Hancock Whitney from $60.00 to $70.00 and gave the company an "outperform" rating in a report on Wednesday, December 4th. Finally, DA Davidson increased their price target on shares of Hancock Whitney from $62.00 to $65.00 and gave the stock a "buy" rating in a research report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $58.00.

Read Our Latest Analysis on HWC

NASDAQ HWC opened at $54.38 on Thursday. The stock has a fifty day simple moving average of $56.38 and a 200-day simple moving average of $52.02. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4.68 billion, a PE ratio of 12.19 and a beta of 1.27. Hancock Whitney has a twelve month low of $41.19 and a twelve month high of $62.40.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last announced its quarterly earnings results on Tuesday, October 15th. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.02. Hancock Whitney had a net margin of 19.30% and a return on equity of 11.47%. The business had revenue of $525.37 million during the quarter, compared to analysts' expectations of $363.54 million. During the same period last year, the business earned $1.12 earnings per share. Equities analysts anticipate that Hancock Whitney will post 5.19 earnings per share for the current year.

In related news, CEO John M. Hairston sold 18,000 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $59.44, for a total value of $1,069,920.00. Following the transaction, the chief executive officer now directly owns 254,026 shares of the company's stock, valued at $15,099,305.44. This trade represents a 6.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Christine L. Pickering sold 763 shares of the business's stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $52.40, for a total transaction of $39,981.20. Following the completion of the sale, the director now directly owns 23,518 shares of the company's stock, valued at approximately $1,232,343.20. This trade represents a 3.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,994 shares of company stock valued at $1,593,710. Insiders own 1.10% of the company's stock.

Several large investors have recently modified their holdings of HWC. Dimensional Fund Advisors LP boosted its stake in shares of Hancock Whitney by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 4,980,204 shares of the company's stock worth $238,197,000 after buying an additional 167,304 shares during the period. State Street Corp lifted its position in Hancock Whitney by 1.7% during the 3rd quarter. State Street Corp now owns 4,297,776 shares of the company's stock worth $219,917,000 after acquiring an additional 73,316 shares during the period. Geode Capital Management LLC grew its stake in shares of Hancock Whitney by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,149,648 shares of the company's stock valued at $110,016,000 after purchasing an additional 30,239 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Hancock Whitney by 20.4% in the second quarter. American Century Companies Inc. now owns 1,401,113 shares of the company's stock valued at $67,015,000 after purchasing an additional 237,526 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Hancock Whitney by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,154,835 shares of the company's stock worth $59,093,000 after purchasing an additional 46,622 shares during the last quarter. 81.22% of the stock is owned by institutional investors and hedge funds.

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.

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