Bank of Montreal Can boosted its stake in Hancock Whitney Corp (NYSE:HWC) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 519,305 shares of the company’s stock after purchasing an additional 113,070 shares during the quarter. Bank of Montreal Can owned 1.11% of Hancock Whitney worth $17,277,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWC. Victory Capital Management Inc. increased its position in shares of Hancock Whitney by 6.5% during the 3rd quarter. Victory Capital Management Inc. now owns 524,554 shares of the company’s stock valued at $15,931,000 after buying an additional 33,056 shares during the period. Exane Derivatives increased its position in shares of Hancock Whitney by 8.5% during the 4th quarter. Exane Derivatives now owns 491,108 shares of the company’s stock valued at $14,789,000 after buying an additional 41,218 shares during the period. UBS Asset Management Americas Inc. increased its position in shares of Hancock Whitney by 47.6% during the 4th quarter. UBS Asset Management Americas Inc. now owns 36,982 shares of the company’s stock valued at $902,000 after buying an additional 12,267 shares during the period. Ameriprise Financial Inc. increased its position in shares of Hancock Whitney by 23.8% during the 4th quarter. Ameriprise Financial Inc. now owns 78,062 shares of the company’s stock valued at $2,171,000 after buying an additional 15,057 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in shares of Hancock Whitney during the 4th quarter valued at about $536,000. Hedge funds and other institutional investors own 68.26% of the company’s stock.

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In other news, Director Roberto Nahmani sold 9,000 shares of the company’s stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $44.26, for a total transaction of $412,280.00. Following the completion of the sale, the director now directly owns 13,739 shares of the company’s stock, valued at approximately $600,974.68. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by insiders.

Shares of NYSE HWC opened at $46.43 on Friday. The firm has a market capitalization of $2.25 billion, a PE ratio of 17.08, a PEG ratio of 1.57 and a beta of 0.91. Hancock Whitney Corp has a twelve month low of $36.53 and a twelve month high of $48.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.86 and a quick ratio of 0.86.

Several equities analysts have recently weighed in on the company. Zacks Investment Research raised Hancock Whitney from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Tuesday, January 8th. Barclays set a $54.00 price objective on Hancock Whitney and gave the company a “buy” rating in a research note on Wednesday, February 20th. ValuEngine raised Hancock Whitney from a “hold” rating to a “buy” rating in a research note on Thursday, January 3rd. Deutsche Bank reissued a “buy” rating and issued a $52.00 price objective on shares of Hancock Whitney in a research note on Thursday, January 3rd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $54.00 price objective on shares of Hancock Whitney in a research note on Thursday, January 3rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $50.50.

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