Hancock Whitney Corp Plans Dividend of $0.27 (NYSE:HWC)

Hancock Whitney Corp (NYSE:HWC) declared a dividend on Monday, October 28th, Fidelity reports. Shareholders of record on Thursday, December 5th will be paid a dividend of 0.27 per share on Monday, December 16th. The ex-dividend date of this dividend is Wednesday, December 4th.

Shares of NYSE HWC opened at $40.61 on Monday. The stock’s 50-day simple moving average is $40.01 and its two-hundred day simple moving average is $38.87. Hancock Whitney has a twelve month low of $32.59 and a twelve month high of $44.74.

Hancock Whitney (NYSE:HWC) last announced its earnings results on Tuesday, October 15th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. The business had revenue of $306.17 million during the quarter, compared to the consensus estimate of $307.96 million. During the same quarter in the prior year, the company earned $1.01 earnings per share.

HWC has been the subject of a number of research reports. SunTrust Banks set a $42.00 price objective on Hancock Whitney and gave the stock a “hold” rating in a report on Friday, September 13th. Stephens set a $41.00 price objective on Hancock Whitney and gave the stock a “hold” rating in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $45.40.

In other news, insider Cecil W. Knight, Jr. sold 2,028 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $41.94, for a total value of $85,054.32. Following the completion of the transaction, the insider now directly owns 26,176 shares in the company, valued at approximately $1,097,821.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph S. Exnicios sold 5,550 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $41.15, for a total value of $228,382.50.

Hancock Whitney Company Profile

Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.

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Dividend History for Hancock Whitney (NYSE:HWC)

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