Jacobs Asset Management LLC Decreased Position in Hancock Hldg Co (HBHC) as Share Price Declined

May 17, 2018 - By Robert Crowder

Hancock Holding Company (NASDAQ:HBHC) LogoInvestors sentiment increased to 1.34 in 2017 Q4. Its up 0.24, from 1.1 in 2017Q3. It is positive, as 15 investors sold HBHC shares while 70 reduced holdings. 40 funds opened positions while 74 raised stakes. 63.57 million shares or 0.95% less from 64.18 million shares in 2017Q3 were reported. Cs Mckee LP holds 0.08% of its portfolio in Hancock Holding Company (NASDAQ:HBHC) for 20,880 shares. First Citizens Financial Bank And owns 0.04% invested in Hancock Holding Company (NASDAQ:HBHC) for 5,437 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 4,874 shares. Retirement Of Alabama holds 110,143 shares or 0.03% of its portfolio. Quantbot Tech Lp holds 0.11% or 24,954 shares. Jane Street Gru Limited Liability Corp holds 0% or 10,773 shares in its portfolio. Shelton Cap reported 6,375 shares or 0.02% of all its holdings. Legal And General Group Public Limited Company invested 0% in Hancock Holding Company (NASDAQ:HBHC). Invesco Limited stated it has 87,171 shares or 0% of all its holdings. Moreover, Jacobs Asset Mngmt Limited Company has 2.46% invested in Hancock Holding Company (NASDAQ:HBHC) for 262,500 shares. Envestnet Asset Management stated it has 479 shares or 0% of all its holdings. Art Advsr Ltd Liability owns 61,300 shares. Comerica Bankshares holds 0.04% or 120,110 shares in its portfolio. Principal Grp Incorporated invested in 364,245 shares. Zuckerman Invest Group Inc Ltd Com accumulated 11,617 shares or 0.14% of the stock.

Since January 24, 2018, it had 0 buys, and 8 insider sales for $3.50 million activity. Another trade for 14,630 shares valued at $811,058 was sold by Phillips Joy L. $166,705 worth of Hancock Holding Company (NASDAQ:HBHC) was sold by BERTUCCI FRANK E. Little Sonya C sold $32,910 worth of stock or 600 shares. ROSEBERRY ROBERT W sold $1.35 million worth of stock or 25,000 shares. Barker Stephen E. also sold $198,960 worth of Hancock Holding Company (NASDAQ:HBHC) shares. Exnicios Joseph S also sold $53,400 worth of Hancock Holding Company (NASDAQ:HBHC) shares.

Jacobs Asset Management Llc decreased its stake in Hancock Hldg Co (HBHC) by 33.5% based on its latest 2017Q4 regulatory filing with the SEC. Jacobs Asset Management Llc sold 132,225 shares as the company’s stock declined 0.30% with the market. The institutional investor held 262,500 shares of the major banks company at the end of 2017Q4, valued at $12.99 million, down from 394,725 at the end of the previous reported quarter. Jacobs Asset Management Llc who had been investing in Hancock Hldg Co for a number of months, seems to be less bullish one the $4.46B market cap company. The stock increased 0.67% or $0.35 during the last trading session, reaching $52.25. About 402,348 shares traded. Hancock Holding Company (NASDAQ:HBHC) has risen 16.06% since May 17, 2017 and is uptrending. It has outperformed by 4.51% the S&P500.

Analysts await Hancock Holding Company (NASDAQ:HBHC) to report earnings on July, 17. They expect $0.95 EPS, up 39.71 % or $0.27 from last year’s $0.68 per share. HBHC’s profit will be $81.02 million for 13.75 P/E if the $0.95 EPS becomes a reality. After $0.90 actual EPS reported by Hancock Holding Company for the previous quarter, Wall Street now forecasts 5.56 % EPS growth.

More notable recent Hancock Holding Company (NASDAQ:HBHC) news were published by: Nasdaq.com which released: “Research Report Identifies Hancock Holding, Alliance Holdings GP, Equity Lifestyle Properties, El Paso Electric …” on May 04, 2018, also Seekingalpha.com with their article: “Hancock Holding’s (HBHC) CEO John Hairston on Q1 2018 Results – Earnings Call Transcript” published on April 18, 2018, Investorplace.com published: “3 Stocks to Watch on Wednesday: Hancock Holding Company (HBHC), Interactive Brokers Group, Inc. (IBKR) and Lam …” on April 18, 2018. More interesting news about Hancock Holding Company (NASDAQ:HBHC) were released by: Nasdaq.com and their article: “Hancock to Present at the Gulf South Bank Conference” published on April 30, 2018 as well as Globenewswire.com‘s news article titled: “Hancock Holding Company Announces Quarterly Dividend” with publication date: April 30, 2018.

Hancock Holding Company (NASDAQ:HBHC) Ratings Coverage

Among 7 analysts covering Hancock Holding (NASDAQ:HBHC), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Hancock Holding had 20 analyst reports since November 28, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, April 19 by Stephens. The firm has “Hold” rating by Stephens given on Thursday, January 18. The stock has “Hold” rating by SunTrust on Monday, January 8. The rating was maintained by SunTrust on Thursday, January 18 with “Hold”. The firm earned “Buy” rating on Thursday, January 4 by Sandler O’Neill. The firm earned “Hold” rating on Monday, January 8 by Jefferies. Sandler O’Neill maintained Hancock Holding Company (NASDAQ:HBHC) on Thursday, January 18 with “Buy” rating. The rating was maintained by Piper Jaffray on Friday, January 19 with “Buy”. The firm has “Hold” rating given on Tuesday, November 28 by SunTrust. On Wednesday, April 18 the stock rating was maintained by Piper Jaffray with “Buy”.

Hancock Holding Company (NASDAQ:HBHC) Institutional Positions Chart

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