Hancock Holding Company (NASDAQ:HBHC) insider Cecil W. Knight, Jr. purchased 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The stock was purchased at an average price of $41.40 per share, for a total transaction of $82,800.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Hancock Holding Company (NASDAQ HBHC) traded up 1.58% during midday trading on Friday, hitting $41.85. The stock had a trading volume of 542,324 shares. The company’s 50 day moving average price is $44.73 and its 200-day moving average price is $46.51. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 17.47 and a beta of 0.87. Hancock Holding Company has a 52 week low of $31.12 and a 52 week high of $52.94.

Hancock Holding (NASDAQ:HBHC) last announced its earnings results on Tuesday, July 18th. The financial services provider reported $0.68 EPS for the quarter, meeting the consensus estimate of $0.68. Hancock Holding had a return on equity of 7.85% and a net margin of 18.91%. The company had revenue of $267.20 million for the quarter, compared to analyst estimates of $265.03 million. During the same quarter in the prior year, the company earned $0.59 EPS. Equities analysts anticipate that Hancock Holding Company will post $2.72 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, September 5th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a $0.96 annualized dividend and a dividend yield of 2.29%. Hancock Holding’s payout ratio is 40.00%.

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Institutional investors have recently made changes to their positions in the stock. Bank of Montreal Can raised its stake in Hancock Holding by 7.7% during the 1st quarter. Bank of Montreal Can now owns 7,662 shares of the financial services provider’s stock worth $349,000 after buying an additional 545 shares during the period. Suntrust Banks Inc. raised its stake in Hancock Holding by 4.4% during the 1st quarter. Suntrust Banks Inc. now owns 16,448 shares of the financial services provider’s stock worth $748,000 after buying an additional 695 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in Hancock Holding by 6.9% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 38,230 shares of the financial services provider’s stock worth $1,741,000 after buying an additional 2,470 shares during the period. Principal Financial Group Inc. raised its stake in Hancock Holding by 4.2% during the 1st quarter. Principal Financial Group Inc. now owns 345,480 shares of the financial services provider’s stock worth $15,736,000 after buying an additional 13,803 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Hancock Holding by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 1,177,532 shares of the financial services provider’s stock worth $53,636,000 after buying an additional 8,472 shares during the period. Institutional investors own 77.00% of the company’s stock.

Several equities analysts recently issued reports on the company. Piper Jaffray Companies set a $52.00 price target on Hancock Holding and gave the company a “buy” rating in a report on Thursday, August 24th. Keefe, Bruyette & Woods upgraded Hancock Holding from a “market perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a report on Monday, August 21st. BidaskClub cut Hancock Holding from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Zacks Investment Research cut Hancock Holding from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $51.00 price target on shares of Hancock Holding in a report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Hancock Holding currently has a consensus rating of “Buy” and an average price target of $50.03.

Hancock Holding Company Profile

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.

Insider Buying and Selling by Quarter for Hancock Holding (NASDAQ:HBHC)

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