Hancock Holding Company (NASDAQ:HBHC) is expected to pay $0.24 on Dec 15, 2016. The indicated annual dividend is $0.96. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on Hancock Holding Company’s current price of $39.80, the dividend is 0.60%. This dividend’s record date is Dec 5, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.87% or $0.35 during the last trading session, hitting $39.8. Hancock Holding Company (NASDAQ:HBHC) has risen 53.08% since April 27, 2016 and is uptrending. It has outperformed by 47.85% the S&P500.
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 a market cap of $2.99 billion. The Firm operates through overall banking activities segment. It has a 28.07 P/E ratio. Whitney Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida and Whitney Bank in Louisiana and Texas.
Insitutional Activity: The institutional sentiment decreased to 1.03 in 2016 Q2. Its down 0.27, from 1.3 in 2016Q1. The ratio fall, as 22 funds sold all Hancock Holding Company shares owned while 54 reduced positions. 25 funds bought stakes while 74 increased positions. They now own 61.91 million shares or 0.10% more from 61.85 million shares in 2016Q1.
Panagora Asset Mngmt accumulated 0% or 642 shares. Waters Parkerson Ltd Llc holds 49,602 shares or 0.14% of its portfolio. Dreman Value L L C has 455 shares for 0.01% of their US portfolio. Forest Hill Limited Liability Company holds 2.7% or 771,101 shares in its portfolio. Ladenburg Thalmann Financial Ser reported 1,034 shares or 0% of all its holdings. Blackrock Invest Llc accumulated 547,935 shares or 0.02% of the stock. Cornerstone Cap Mngmt Holding has 19,475 shares for 0% of their US portfolio. Dean Mgmt has 2.23% invested in the company for 62,285 shares. Moreover, Cs Mckee L P has 0.03% invested in Hancock Holding Company (NASDAQ:HBHC) for 25,913 shares. Trustmark Savings Bank Tru Department holds 0.06% or 18,476 shares in its portfolio. State Teachers Retirement System holds 0.01% of its portfolio in Hancock Holding Company (NASDAQ:HBHC) for 177,581 shares. Princeton Alpha Mgmt Lp accumulated 16,836 shares or 0.08% of the stock. Cramer Rosenthal Mcglynn Lc reported 1.92M shares or 0.81% of all its holdings. Synovus Fincl Corporation accumulated 1,661 shares or 0% of the stock. Voya Invest Mgmt Lc last reported 0% of its portfolio in the stock.
Insider Transactions: Since July 28, 2016, the stock had 1 insider purchase, and 5 sales for $459,475 net activity. SCHLOEGEL GEORGE A also bought $132,689 worth of Hancock Holding Company (NASDAQ:HBHC) shares. 500 shares with value of $16,252 were sold by Kendricks Samuel B on Friday, September 2. Phillips Joy L also sold $459,022 worth of Hancock Holding Company (NASDAQ:HBHC) shares. 2,550 shares were sold by Barker Stephen E., worth $75,100. 600 shares with value of $18,978 were sold by ROSEBERRY ROBERT W on Friday, August 26.
Hancock Holding Company (NASDAQ:HBHC) Ratings Coverage
Out of 11 analysts covering Hancock Holding Company (NASDAQ:HBHC), 2 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 18% are positive. $34 is the highest target while $25 is the lowest. The $26.40 average target is -33.67% below today’s ($39.8) stock price. Hancock Holding Company has been the topic of 15 analyst reports since July 24, 2015 according to StockzIntelligence Inc. On Tuesday, December 8 the stock rating was initiated by Piper Jaffray with “Neutral”. The rating was downgraded by Stephens on Wednesday, December 9 to “Equal-Weight”. The rating was upgraded by Bank of America on Friday, July 22 to “Neutral”. The stock of Hancock Holding Company (NASDAQ:HBHC) earned “Neutral” rating by SunTrust on Monday, September 19. The stock of Hancock Holding Company (NASDAQ:HBHC) has “Overweight” rating given on Friday, July 24 by Stephens. The stock has “Outperform” rating given by Raymond James on Monday, May 9. Hovde Group downgraded the shares of HBHC in a report on Tuesday, March 29 to “Market Perform” rating. The company was maintained on Friday, December 18 by RBC Capital Markets. The stock of Hancock Holding Company (NASDAQ:HBHC) earned “Neutral” rating by Suntrust Robinson on Monday, September 19. The firm earned “Outperform” rating on Monday, August 31 by FIG Partners.
HBHC Company Profile
Hancock Holding Company (Hancock), incorporated on April 6, 1984, 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 Firm operates through overall banking activities segment. Whitney Bank operates under brands, such as Hancock Bank in Mississippi, Alabama and Florida and Whitney Bank in Louisiana and Texas. The Bank operates across the Gulf South region comprising southern Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and panhandle regions of Florida; Houston, Texas, and Nashville, Tennessee. The Bank offers a range of traditional and online community banking services to commercial, small business and retail customers, providing a variety of transaction and savings deposit products, treasury management services, investment brokerage services, secured and unsecured loan products (including revolving credit facilities), and letters of credit and similar financial guarantees. The Bank also provides trust and investment management services to retirement plans, firms and individuals.
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