Gru reported 477,985 shares stake. Finally, PNC Financial Services Group Inc. boosted its position in First Horizon National by 2.4% during the second quarter. The stock has a market cap of $4,747.85, a P/E ratio of 19.31, a PEG ratio of 2.61 and a beta of 1.03.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. It is up 31.19% since December 6, 2016 and is uptrending. While this sounds great in theory, high insider ownership can actually lead to the opposite result, a management team that is unaccountable because they can keep their jobs under nearly any circumstance.
The stock of First Horizon National Corporation (NYSE:FHN) is a huge mover today! Ladenburg Thalmann Financial Services Inc. now owns 9,503 shares of the financial services provider's stock valued at $183,000 after purchasing an additional 5,438 shares in the last quarter. The short interest to First Horizon National Corporation's float is 9.92%.
Several other brokerages also recently commented on FHN.
Authorities respond to shooting at high school in New Mexico
Aztec Mayor Sally Burbridge confirmed that the shooter was down and said there is no more threat to the community. The Bloomfield Police Department is asking parents to stay away from the school until further notice.
Analysts await First Horizon National Corporation (NYSE:FHN) to report earnings on January, 12. RBC Capital Markets maintained it with "Sector Perform" rating and $15 target in Monday, October 19 report.
The market experts are predicting a 15.4% rally, based on the high target price ($23) for First Horizon National Corporation shares that is likely to be hit in the 52 weeks. Keefe, Bruyette & Woods reaffirmed a "buy" rating and issued a $20.00 price objective on shares of First Horizon National in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded First Horizon National from a "hold" rating to a "buy" rating and set a $20.00 price target on the stock in a research note on Monday, September 18th. The company P/S (price to Sales) ratio is 0.64, P/B (price to Book) ratio is 1.65, while its P/C (price to Cash) ratio stands at 12.77. A total of 6,164,321 shares exchanged hands during the intra-day trade contrast with its average trading volume of 2.74M shares, while its relative volume stands at 2.25. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? Barclays reiterated an equal weight rating and issued a $21.00 target price on shares of First Horizon National in a research report on Monday. The stock was sold at an average price of $18.63, for a total value of $840,343.41.
Dugout more deeply and finding that are NSPR earnings expected to grow/drop in the future, as the firm has unstated value of price to earnings growth ratio, it is determining a stock's value while taking into account the earnings' growth. The disclosure for this sale can be found here. The shares recently went down by -1.68% or -$0.34 and now trades at $19.93. RARX institutional ownership is held at 83% while insider ownership was 22.53%.
Is First Horizon National Corporation (NYSE:FHN) Cheap From Peers? First Horizon National Corporation had 45 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, December 5. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.94 and a quick ratio of 0.92. According to the Analysts, the Low Earnings estimate for the current quarter is $0.28, while the High earnings estimate is $0.34.Comparatively, EPS for the same quarter a year ago was $0.29. The company had revenue of $337.00 million for the quarter, compared to the consensus estimate of $340.48 million. First Horizon National had a return on equity of 9.40% and a net margin of 19.36%. During the same period in the previous year, the firm posted $0.27 earnings per share. analysts expect that First Horizon National Corporation will post 1.11 EPS for the current year. The ex-dividend date of this dividend is Thursday, November 2nd. Its down 0.31, from 1.35 in 2017Q1. First Horizon National's dividend payout ratio is now 32.14%.
Kano Agog As Buhari Arrives For 2-Day Visit
President Muhammadu Buhari has said those who looted the country's treasury over the years "will best be judged by God". The inmates including men and women were selected from the Kurmawa Central Prison, Kano.
TRADEMARK VIOLATION WARNING: This news story was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was stolen and reposted in violation of global copyright & trademark laws.
First Horizon National Corporation (NYSE:FHN) has a market cap of $4.77 billion and over the last 12 months, FHN has risen by 0.1%. Raymond James Associate has invested 0% in First Horizon National Corporation (NYSE:FHN).
First Horizon National Corporation operates as the bank holding firm for First Tennessee Bank National Association that provides various financial services in the United States and internationally.
Kim Kardashian West & Laverne Cox Team Up For 'Glam Masters'
The victor from each week will advance to the Tournament of Masters finale to determine who is the Glam Master . Glam Masters is described as an eight-episode series that puts beauty influencers through themed challenges.