The stock of First Horizon National Corp (NYSE:FHN) earned "Underperform" rating by Wells Fargo on Tuesday, August 23.
Among 18 analysts covering First Horizon National Corporation (NYSE:FHN), 9 have Buy rating, 0 Sell and 9 Hold. Zurcher Kantonalbank Zurich Cantonalbank increased its position in First Horizon National Corporation by 8.7% during the 2nd quarter. The Huber Capital Management Llc holds 2.07M shares with $36.01M value, up from 1.91M last quarter. Huber Capital Management LLC now owns 2,067,008 shares of the financial services provider's stock valued at $36,007,000 after buying an additional 152,700 shares during the last quarter.
First Horizon National Corporation (NYSE:FHN) plunged -1.14% with the closing price of $19.12. If you are viewing this story on another site, it was copied illegally and reposted in violation of worldwide copyright and trademark laws. Denver Advsr Limited Liability reported 0.53% of its portfolio in First Horizon National Corp (NYSE:FHN).
A number of equities research analysts have recently commented on the stock. After $0.27 actual earnings per share reported by First Horizon National Corp for the previous quarter, Wall Street now forecasts 14.81% EPS growth. Finally, Hovde Group decreased their target price on shares of First Horizon National Corporation from $20.50 to $20.00 and set a "market perform" rating for the company in a research report on Monday, July 10th. Illinois-based Cna Financial has invested 0.27% in First Horizon National Corp (NYSE:FHN). D E Shaw Company Incorporated has invested 0.01% of its portfolio in First Horizon National Corp (NYSE:FHN).
Several research firms recently issued reports on FHN. Finally, Zacks Investment Research lowered First Horizon National Corp from a "buy" rating to a "hold" rating in a research note on Friday, March 24th. At the time of writing, the 14-day ADX for First Tennessee National Corp (FHN) is noted at 31.49. The company has market cap of 6.32 billion GBP. Upon corrections, the price will meet support from the averages between $19.20 and $17.86.
Here is a rundown on some insider market activity for First Horizon National Corporat (NYSE:FHN). Zacks Investment Research upgraded shares of First Horizon National Corporation from a "hold" rating to a "buy" rating and set a $20.00 price target for the company in a report on Monday, September 18th. The firm had revenue of $328.37 million during the quarter, compared to the consensus estimate of $331.27 million. Vanguard Gru has invested 0.02% in First Horizon National Corp (NYSE:FHN). (NYSE:PM), stock is trading $123.55 above the 52-week high and has displayed a high EPS growth of -1.60% in last 5 years.
Looking forward, the company's quarterly earnings are expected to come at $0.31 in the three months through September 2017 and $0.3 in the quarter ending December 2017, reflecting 14.81% and 30.43% growth, respectively.
First Horizon National Corporation (FHN) opened at 19.34 on Wednesday. Investors of record on Friday, September 8th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.10%. The ex-dividend date was Thursday, September 7th. First Horizon National Corporation has $2200 highest and $13 lowest target. Also, CFO William C. Losch III sold 45,107 shares of the company's stock in a transaction on Wednesday, September 27th. The stock now has an average rating of "Hold" and an average price target of $19.44. Carroll Assoc Incorporated owns 5,055 shares or 0.01% of their U.S. portfolio. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock was sold at an average price of $18.51, for a total value of $64,785.00. Northwestern Mutual Investment Management Company, LLC owns 40,242 shares with a value of $701,000. The disclosure for this sale can be found here.
Investors and Traders continue to monitor technical levels of shares of First Horizon National Corporation (FHN). The fund owned 38,934 shares of the financial services provider's stock after selling 106,500 shares during the period. The Company has four segments: regional banking, fixed income, corporate and non-strategic. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank).
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