Hovde Group Upped Hancock Holding Company (NDAQ:HBHC) Rating; Axa Has Increased By $6.22 Million Its Aetna New (AET) Position

December 28, 2017 - By Danny Collins

Among 7 analysts covering Hancock Holding Company (NDAQ:HBHC), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Hancock Holding Company has $58 highest and $47 lowest target. $52’s average target is 3.48% above currents $50.25 stock price. Hancock Holding Company had 8 analyst reports since March 16, 2017 according to SRatingsIntel. The company was maintained on Friday, April 21 by Wood. Keefe Bruyette & Woods upgraded Hancock Holding Company (NASDAQ:HBHC) on Monday, August 21 to “Outperform” rating. As per Wednesday, April 5, the company rating was maintained by Jefferies. On Monday, May 1 the stock rating was maintained by Stephens with “Hold”. Hovde Group upgraded the shares of HBHC in report on Wednesday, December 27 to “Outperform” rating. Raymond James upgraded Hancock Holding Company (NASDAQ:HBHC) on Thursday, March 16 to “Strong Buy” rating. Piper Jaffray upgraded the stock to “Overweight” rating in Friday, May 12 report. The stock has “Overweight” rating by Piper Jaffray on Thursday, October 5.

Axa increased Aetna Inc New (AET) stake by 16.6% reported in 2017Q3 SEC filing. Axa acquired 39,125 shares as Aetna Inc New (AET)’s stock rose 12.84%. The Axa holds 274,863 shares with $43.71M value, up from 235,738 last quarter. Aetna Inc New now has $58.99B valuation. The stock increased 0.24% or $0.43 during the last trading session, reaching $180.85. About 989,819 shares traded. Aetna Inc. (NYSE:AET) has risen 28.84% since December 28, 2016 and is uptrending. It has outperformed by 12.14% the S&P500.

Axa decreased L Brands Inc (LTD) stake by 43,029 shares to 51,107 valued at $2.13 million in 2017Q3. It also reduced Loxo Oncology Inc (NASDAQ:LOXO) stake by 15,821 shares and now owns 97,635 shares. Verifone Sys Inc (NYSE:PAY) was reduced too.

Among 24 analysts covering Aetna (NYSE:AET), 9 have Buy rating, 0 Sell and 15 Hold. Therefore 38% are positive. Aetna has $205.0 highest and $12 lowest target. $169.67’s average target is -6.18% below currents $180.85 stock price. Aetna had 63 analyst reports since July 30, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Hold” rating in Wednesday, August 5 report. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 9. The rating was initiated by Credit Suisse on Friday, November 3 with “Hold”. As per Friday, September 23, the company rating was initiated by Evercore. The company was downgraded on Thursday, July 21 by Wolfe Research. The company was maintained on Friday, October 13 by Jefferies. The rating was maintained by Cowen & Co with “Buy” on Wednesday, September 20. The firm earned “Mkt Perform” rating on Monday, November 14 by Bernstein. The rating was downgraded by Morgan Stanley on Wednesday, December 20 to “Equal-Weight”. Stifel Nicolaus maintained the shares of AET in report on Tuesday, May 16 with “Buy” rating.

Since September 15, 2017, it had 0 buys, and 2 insider sales for $4.15 million activity. Lynch Karen S had sold 15,271 shares worth $2.47M. $1.68 million worth of Aetna Inc. (NYSE:AET) shares were sold by McCarthy Margaret M.

Investors sentiment increased to 0.91 in 2017 Q3. Its up 0.22, from 0.69 in 2017Q2. It improved, as 42 investors sold AET shares while 302 reduced holdings. 80 funds opened positions while 232 raised stakes. 281.08 million shares or 3.09% less from 290.06 million shares in 2017Q2 were reported. Dodge And Cox reported 1,400 shares. Clarivest Asset Management holds 0.82% or 230,781 shares. Japan-based Fukoku Mutual Life Ins has invested 0.07% in Aetna Inc. (NYSE:AET). Invesco, a Georgia-based fund reported 846,234 shares. First Commonwealth Fincl Corporation Pa owns 3,338 shares. Pub Employees Retirement System Of Ohio holds 0.2% of its portfolio in Aetna Inc. (NYSE:AET) for 245,524 shares. Becker Capital Mgmt Inc accumulated 327,995 shares. First Personal Fincl invested in 156 shares. Clear Harbor Asset Mngmt Lc accumulated 9,376 shares. National Pension Service has 302,945 shares. Cibc Asset Management holds 0.03% of its portfolio in Aetna Inc. (NYSE:AET) for 33,690 shares. Apg Asset Mgmt Nv holds 0.09% or 324,973 shares in its portfolio. Washington Trust holds 0.01% or 1,267 shares. Wilbanks Smith Thomas Asset Mgmt Ltd holds 0.04% in Aetna Inc. (NYSE:AET) or 3,142 shares. Creative Planning accumulated 18,082 shares.

Hancock Holding Company operates as the bank holding firm for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company has market cap of $4.28 billion. The firm offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. It has a 20.21 P/E ratio. It also provides commercial and industrial; commercial real estate; construction and land development; and residential mortgages, including fixed and adjustable rate loans; and consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans.

The stock decreased 0.40% or $0.2 during the last trading session, reaching $50.25. About 386,338 shares traded. Hancock Holding Company (NDAQ:HBHC) has risen 80.63% since December 28, 2016 and is uptrending. It has outperformed by 63.93% the S&P500.

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.15, from 1.25 in 2017Q2. It fall, as 22 investors sold Hancock Holding Company shares while 69 reduced holdings. 29 funds opened positions while 71 raised stakes. 64.18 million shares or 0.04% less from 64.20 million shares in 2017Q2 were reported. Us Bank De holds 4,132 shares. State Street has 0.02% invested in Hancock Holding Company (NASDAQ:HBHC). Huntington Bankshares stated it has 0% in Hancock Holding Company (NASDAQ:HBHC). Ls Inv Advsrs Limited Liability Corporation stated it has 6,526 shares. Nj State Employees Deferred Compensation Plan reported 12,000 shares. Tudor Investment Et Al holds 0.01% or 8,044 shares. Laurion Capital Management L P stated it has 49,900 shares or 0.01% of all its holdings. Employees Retirement System Of Ohio owns 41,085 shares. Hbk Investments L P has invested 0.03% in Hancock Holding Company (NASDAQ:HBHC). Pinebridge Invests Ltd Partnership reported 45,133 shares stake. Fayez Sarofim And Communications reported 23,743 shares. 448,539 are owned by Balyasny Asset Mngmt. 6,960 were accumulated by Verition Fund Mgmt Limited Liability. Advantus Cap Management Inc invested in 0.01% or 10,670 shares. Commercial Bank Of New York Mellon Corp reported 1.08M shares.

Analysts await Hancock Holding Company (NASDAQ:HBHC) to report earnings on January, 16. They expect $0.83 earnings per share, up 29.69% or $0.19 from last year’s $0.64 per share. HBHC’s profit will be $70.69 million for 15.14 P/E if the $0.83 EPS becomes a reality. After $0.76 actual earnings per share reported by Hancock Holding Company for the previous quarter, Wall Street now forecasts 9.21% EPS growth.

Since August 10, 2017, it had 0 insider buys, and 1 insider sale for $101,041 activity. On Thursday, August 10 the insider Hanna Randall W sold $101,041.