Hancock Whitney Corp (NASDAQ: HWC) is 1.66% higher on its value in year-to-date trading and has touched a low of $41.19 and a high of $62.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HWC stock was last observed hovering at around $55.14 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $55.63, the stock is -0.14% and -2.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.32 million and changing 0.89% at the moment leaves the stock 9.83% off its SMA200. HWC registered 18.16% gain for a year compared to 6-month gain of 16.85%. The firm has a 50-day simple moving average (SMA 50) of $56.8202 and a 200-day simple moving average (SMA200) of $50.6521.
The stock witnessed a -5.66% loss in the last 1 month and extending the period to 3 months gives it a 10.99%, and is 1.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.22% over the week and 2.82% over the month.
Hancock Whitney Corp (HWC) has around 3591 employees, a market worth around $4.79B and $2.02B in sales. Current P/E ratio is 12.47 and Fwd P/E is 10.83. Profit margin for the company is 19.17%. Distance from 52-week low is 35.06% and -10.85% from its 52-week high. The company has generated returns on investments over the last 12 months (8.53%).
The EPS is expected to grow by 0.24% this year
422.0 institutions hold shares in Hancock Whitney Corp (HWC), with institutional investors hold 85.91% of the company’s shares. The shares outstanding are 86.14M, and float is at 85.02M with Short Float at 2.78%. Institutions hold 85.07% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.12 million shares valued at $579.72 million. The investor’s holdings represent 14.0086 of the HWC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.76 million shares valued at $466.72 million to account for 11.2782 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.98 million shares representing 5.7561 and valued at over $238.2 million, while STATE STREET CORP holds 4.8826 of the shares totaling 4.22 million with a market value of $202.06 million.
Hancock Whitney Corp (HWC) Insider Activity
The most recent transaction is an insider sale by HAIRSTON JOHN M, the company’s President & CEO. SEC filings show that HAIRSTON JOHN M sold 18,000 shares of the company’s common stock on Nov 07 ’24 at a price of $59.44 per share for a total of $1.07 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on Oct 29 ’24, PICKERING CHRISTINE L (Director) disposed off 763 shares at an average price of $52.40 for $39981.0. The insider now directly holds 23,518 shares of Hancock Whitney Corp (HWC).
