Hancock Holding Company (HBHC) Forms $51.90 Double Top; Visteon Has 1.04 Sentiment

May 17, 2018 - By rebbecca

Hancock Holding Company (NASDAQ:HBHC) Logo

Hancock Holding Company (HBHC) formed double top with $56.05 target or 8.00% above today’s $51.90 share price. Hancock Holding Company (HBHC) has $4.43 billion valuation. The stock decreased 0.10% or $0.05 during the last trading session, reaching $51.9. About 532,319 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.

Visteon Corp (VC) investors sentiment decreased to 1.04 in 2017 Q4. It’s down -0.07, from 1.11 in 2017Q3. The ratio has worsened, as 110 funds increased or opened new equity positions, while 106 cut down and sold their stakes in Visteon Corp. The funds in our database now have: 29.37 million shares, up from 28.74 million shares in 2017Q3. Also, the number of funds holding Visteon Corp in top ten equity positions increased from 3 to 4 for an increase of 1. Sold All: 15 Reduced: 91 Increased: 70 New Position: 40.

Among 15 analysts covering Hancock Holding Company (NASDAQ:HBHC), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Hancock Holding Company had 56 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, January 18 the stock rating was maintained by Stephens with “Hold”. As per Thursday, February 2, the company rating was initiated by JMP Securities. The rating was maintained by Jefferies on Tuesday, October 10 with “Hold”. The rating was maintained by Jefferies with “Hold” on Monday, January 8. The stock of Hancock Holding Company (NASDAQ:HBHC) earned “Market Perform” rating by Hovde Group on Tuesday, March 29. The firm earned “Hold” rating on Wednesday, April 18 by SunTrust. On Thursday, January 18 the stock rating was maintained by Sandler O’Neill with “Buy”. Piper Jaffray initiated the stock with “Neutral” rating in Tuesday, December 8 report. The stock of Hancock Holding Company (NASDAQ:HBHC) has “Overweight” rating given on Friday, May 12 by PiperJaffray. The firm has “Hold” rating by Jefferies given on Thursday, April 19.

Since January 24, 2018, it had 0 insider buys, and 8 insider sales for $3.50 million activity. 3,031 shares valued at $166,705 were sold by BERTUCCI FRANK E on Wednesday, January 24. Another trade for 600 shares valued at $32,910 was sold by Little Sonya C. Another trade for 14,630 shares valued at $811,058 was made by Phillips Joy L on Friday, March 9. HORNE JAMES H had sold 4,135 shares worth $214,030. Shares for $53,400 were sold by Exnicios Joseph S on Thursday, February 1. 25,000 shares valued at $1.35 million were sold by ROSEBERRY ROBERT W on Tuesday, February 20. The insider Achary Michael M sold $669,569.

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 $81.02M for 13.66 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.

Investors sentiment increased to 1.34 in Q4 2017. Its up 0.24, from 1.1 in 2017Q3. It increased, as 15 investors sold Hancock Holding Company 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. Jacobs Levy Equity Mgmt holds 153,990 shares. Liberty Mutual Grp Asset invested in 0.03% or 21,512 shares. Virtu Ltd Liability reported 0.01% in Hancock Holding Company (NASDAQ:HBHC). Parametric Portfolio Ltd Liability Corporation holds 0.01% of its portfolio in Hancock Holding Company (NASDAQ:HBHC) for 140,430 shares. Maltese Cap Management Ltd Com reported 0.43% of its portfolio in Hancock Holding Company (NASDAQ:HBHC). Millennium Management Llc has 2.79 million shares for 0.19% of their portfolio. Citigroup holds 0.01% or 202,446 shares in its portfolio. Point72 Asia (Hong Kong) stated it has 0.04% in Hancock Holding Company (NASDAQ:HBHC). Thrivent For Lutherans owns 428,255 shares or 0.07% of their US portfolio. Zuckerman Investment Grp Ltd Co holds 11,617 shares. Utd Services Automobile Association reported 314,669 shares. Rafferty Asset Management Ltd Liability Corporation holds 0% of its portfolio in Hancock Holding Company (NASDAQ:HBHC) for 4,391 shares. Art Advsr Ltd Liability Corp has invested 0.13% in Hancock Holding Company (NASDAQ:HBHC). Blackrock has 0.02% invested in Hancock Holding Company (NASDAQ:HBHC). Quantbot Technologies Limited Partnership has invested 0.11% in Hancock Holding Company (NASDAQ:HBHC).

The stock increased 1.57% or $2.05 during the last trading session, reaching $132.54. About 297,336 shares traded. Visteon Corporation (VC) has risen 15.44% since May 17, 2017 and is uptrending. It has outperformed by 3.89% the S&P500.

More news for Visteon Corporation (NASDAQ:VC) were recently published by: Globenewswire.com, which released: “Visteon Announces First-Quarter 2018 Results” on April 26, 2018. Globenewswire.com‘s article titled: “Detailed Research: Economic Perspectives on AptarGroup, Insteel Industries, Visteon, j2 Global, Winnebago Industries …” and published on April 26, 2018 is yet another important article.

Ratings analysis reveals 50% of Visteon’s analysts are positive. Out of 4 Wall Street analysts rating Visteon, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $86.0 while the high is $100.0. The stock’s average target of $93 is -29.83% below today’s ($132.54) share price. VC was included in 4 notes of analysts from January 11, 2017. On Wednesday, January 11 the stock rating was upgraded by Raymond James to “Outperform”. The rating was maintained by Barclays Capital on Thursday, January 12 with “Equal Weight”. The firm has “Neutral” rating by Citigroup given on Monday, February 27. FBR Capital maintained the stock with “Outperform” rating in Wednesday, January 18 report.

Since January 1, 0001, it had 0 insider purchases, and 5 selling transactions for $1.79 million activity.

Visteon Corporation designs, engineers, and makes electronics products for original equipment vehicle manufacturers worldwide. The company has market cap of $3.92 billion. The firm provides instrument clusters, including standard analog gauge clusters to high-resolution, all-digital, fully reconfigurable, 2-D, and 3-D display devices; information displays that integrate a range of user interface technologies and graphics management capabilities; and infotainment systems that allows vehicle occupants to connect their mobile devices to the system and safely access phone functions, listen to music, stream media and enable mobile connectivity applications. It has a 24.24 P/E ratio. It also offers audio systems, including audio head units, amplifiers, and analog and digital radios; telematics control unit to enable secure connected car services, software updates, and data; SmartCore, an automotive-grade, integrated domain controller to enhance efficiency, and reduce power consumption and cost; and head-up displays , such as combiner HUD and windshield HUD that present critical information to the driver.

Analysts await Visteon Corporation (NASDAQ:VC) to report earnings on July, 26. They expect $1.49 EPS, up 7.97% or $0.11 from last year’s $1.38 per share. VC’s profit will be $44.02M for 22.24 P/E if the $1.49 EPS becomes a reality. After $2.08 actual EPS reported by Visteon Corporation for the previous quarter, Wall Street now forecasts -28.37% negative EPS growth.

Solus Alternative Asset Management Lp holds 10.63% of its portfolio in Visteon Corporation for 437,018 shares. Private Capital Management Llc owns 319,197 shares or 6.42% of their US portfolio. Moreover, Ack Asset Management Llc has 4.92% invested in the company for 175,000 shares. The Indiana-based Kirr Marbach & Co Llc In has invested 2.76% in the stock. Iridian Asset Management Llc Ct, a Connecticut-based fund reported 2.60 million shares.

Hancock Holding Company (NASDAQ:HBHC) Institutional Positions Chart