Fuller & Thaler Asset Management Inc. Has $101.46 Million Stake in Hancock Whitney Co. (NASDAQ:HWC)

Fuller & Thaler Asset Management Inc. lowered its holdings in shares of Hancock Whitney Co. (NASDAQ:HWC - Free Report) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,854,091 shares of the company's stock after selling 11,225 shares during the period. Fuller & Thaler Asset Management Inc. owned about 2.15% of Hancock Whitney worth $101,456,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Hancock Whitney during the 4th quarter valued at about $54,605,000. Foundry Partners LLC bought a new stake in shares of Hancock Whitney in the 4th quarter valued at approximately $12,937,000. Barclays PLC lifted its position in shares of Hancock Whitney by 69.5% during the 4th quarter. Barclays PLC now owns 544,471 shares of the company's stock worth $29,795,000 after buying an additional 223,275 shares during the period. Vanguard Group Inc. boosted its stake in Hancock Whitney by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 10,097,563 shares of the company's stock valued at $552,539,000 after buying an additional 181,706 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Hancock Whitney in the fourth quarter valued at $9,517,000. Institutional investors own 81.22% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on HWC shares. Raymond James reissued a "strong-buy" rating and set a $62.00 price objective (down from $72.00) on shares of Hancock Whitney in a report on Wednesday, April 16th. Keefe, Bruyette & Woods reduced their price target on shares of Hancock Whitney from $68.00 to $62.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. DA Davidson dropped their price objective on shares of Hancock Whitney from $69.00 to $62.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Stephens decreased their price target on Hancock Whitney from $73.00 to $69.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, StockNews.com upgraded Hancock Whitney from a "sell" rating to a "hold" rating in a research report on Monday, March 3rd. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $60.56.

Hancock Whitney Trading Up 3.7 %

HWC stock opened at $49.96 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05. Hancock Whitney Co. has a twelve month low of $43.60 and a twelve month high of $62.40. The company has a market cap of $4.30 billion, a P/E ratio of 9.46 and a beta of 0.99. The business has a fifty day moving average of $52.15 and a 200-day moving average of $55.09.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 15th. The company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. The firm had revenue of $367.50 million during the quarter, compared to analysts' expectations of $368.12 million. Hancock Whitney had a return on equity of 11.56% and a net margin of 22.40%. As a group, equities research analysts expect that Hancock Whitney Co. will post 5.53 EPS for the current year.

Hancock Whitney Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Wednesday, March 5th were issued a $0.45 dividend. This is a positive change from Hancock Whitney's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 3.60%. The ex-dividend date was Wednesday, March 5th. Hancock Whitney's dividend payout ratio is currently 33.21%.

Insider Buying and Selling at Hancock Whitney

In other Hancock Whitney news, Director Christine L. Pickering sold 838 shares of the firm's stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $48.09, for a total transaction of $40,299.42. Following the transaction, the director now owns 23,019 shares in the company, valued at approximately $1,106,983.71. This trade represents a 3.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.91% of the company's stock.

About Hancock Whitney

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.

Want to see what other hedge funds are holding HWC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hancock Whitney Co. (NASDAQ:HWC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.