Dimensional Fund Advisors LP Grows Stock Holdings in Hancock Whitney Corporation $HWC

Dimensional Fund Advisors LP raised its holdings in Hancock Whitney Corporation (NASDAQ:HWC) by 0.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 4,790,954 shares of the company’s stock after acquiring an additional 21,655 shares during the period. Dimensional Fund Advisors LP owned 0.06% of Hancock Whitney worth $304,652,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. SG Americas Securities LLC boosted its holdings in shares of Hancock Whitney by 0.6% during the first quarter. SG Americas Securities LLC now owns 24,457 shares of the company’s stock worth $1,555,000 after purchasing an additional 153 shares during the last quarter. Vident Advisory LLC increased its stake in Hancock Whitney by 4.5% in the fourth quarter. Vident Advisory LLC now owns 3,517 shares of the company’s stock valued at $224,000 after purchasing an additional 153 shares during the last quarter. BTC Capital Management Inc. lifted its position in Hancock Whitney by 1.9% during the first quarter. BTC Capital Management Inc. now owns 8,472 shares of the company’s stock worth $539,000 after buying an additional 162 shares during the period. Hilton Head Capital Partners LLC lifted its position in Hancock Whitney by 31.0% during the first quarter. Hilton Head Capital Partners LLC now owns 719 shares of the company’s stock worth $46,000 after buying an additional 170 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Hancock Whitney by 12.7% in the 4th quarter. GAMMA Investing LLC now owns 1,617 shares of the company’s stock worth $103,000 after buying an additional 182 shares during the last quarter. Hedge funds and other institutional investors own 81.22% of the company’s stock.

Hancock Whitney Price Performance

Hancock Whitney stock opened at $76.40 on Thursday. The firm has a fifty day moving average of $71.60 and a 200-day moving average of $68.66. Hancock Whitney Corporation has a 52-week low of $54.05 and a 52-week high of $79.36. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $6.20 billion, a P/E ratio of 14.98 and a beta of 0.95.

Hancock Whitney (NASDAQ:HWC) last posted its earnings results on Tuesday, July 21st. The company reported $1.55 earnings per share for the quarter, meeting the consensus estimate of $1.55. Hancock Whitney had a net margin of 21.81% and a return on equity of 11.35%. The business had revenue of $403.57 million for the quarter, compared to analyst estimates of $398.89 million. During the same quarter in the previous year, the business posted $1.37 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, analysts predict that Hancock Whitney Corporation will post 6.47 EPS for the current year.

Hancock Whitney Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, June 5th. Hancock Whitney’s dividend payout ratio is currently 41.07%.

Insider Transactions at Hancock Whitney

In related news, Director Christine L. Pickering sold 417 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $67.16, for a total transaction of $28,005.72. Following the completion of the sale, the director directly owned 25,066 shares of the company’s stock, valued at approximately $1,683,432.56. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.92% of the stock is owned by company insiders.

More Hancock Whitney News

Here are the key news stories impacting Hancock Whitney this week:

• Positive Sentiment: Hancock Whitney reported Q2 earnings of $1.55 per share, matching estimates, while revenue of about $403.6 million topped expectations, helped by stronger net interest income, fee income, lower provisions, and loan growth. Article title
• Positive Sentiment: Management’s earnings call and presentation highlighted strong EPS growth, which may reinforce confidence in the bank’s operating momentum. Article title
• Positive Sentiment: Hancock Whitney received regulatory approval for its OFB acquisition, a potential strategic catalyst that could expand its footprint and earnings base over time. Article title
• Neutral Sentiment: Keefe, Bruyette & Woods raised its price target to $80 from $78 but kept a “market perform” rating, signaling limited near-term upside despite the higher valuation view. Article title
• Neutral Sentiment: Stephens trimmed its price target to $85 from $86 while maintaining an “overweight” rating, suggesting analysts remain constructive overall even as they adjust expectations. Article title

Wall Street Analyst Weigh In

HWC has been the topic of several recent analyst reports. Stephens cut their price objective on shares of Hancock Whitney from $86.00 to $85.00 and set an “overweight” rating on the stock in a report on Wednesday. Raymond James Financial restated a “strong-buy” rating and issued a $87.00 target price on shares of Hancock Whitney in a report on Wednesday. Weiss Ratings lowered shares of Hancock Whitney from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Barclays increased their price target on shares of Hancock Whitney from $76.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $87.00 price target on shares of Hancock Whitney in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.56.

Hancock Whitney Company Profile

Hancock Whitney Corporation (NASDAQ: HWC) is a regional financial services company headquartered in Gulfport, Mississippi. The firm was established in April 2019 through the merger of Hancock Holding Company and Whitney Holding Corporation, each of which traced its roots to the late 19th century. This combination created one of the largest bank holding companies in the Gulf South region, with a network of branches serving both urban and rural communities.

The company’s core business activities include commercial banking, retail banking and wealth management services.