Several other hedge funds and other institutional investors have also modified their holdings of the company. The original version of this story can be viewed at https://www.dispatchtribunal.com/2017/10/12/first-horizon-national-corporation-fhn-to-release-earnings-on-friday.html. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares.
First Horizon National Corporation (FHN) has the market capitalization of $4.44 Billion. Wood maintained First Horizon National Corp (NYSE:FHN) rating on Tuesday, April 11. Awesome Oscillator shows the difference in between the 5 SMA and 34 SMA. Finally, Huber Capital Management LLC raised its position in shares of First Horizon National Corporation by 8.0% in the second quarter. First Horizon National Corporation presently has a consensus rating of "Hold" and a consensus price target of $19.44. If you are reading this story on another site, it was illegally stolen and republished in violation of United States and worldwide trademark and copyright legislation. Swiss Commercial Bank reported 0.01% of its portfolio in First Horizon National Corp (NYSE:FHN). The Maryland-based Profund Advsr Limited Liability Co has invested 0.02% in First Horizon National Corp (NYSE:FHN). The company has a 50 day moving average of $18.06 and a 200-day moving average of $19.08. First Horizon National Corporation has $2200 highest and $13 lowest target. The company maintains price to book ratio of 0.00 vs.an industry average at 0.56.
There has been some selling insider activity on First Horizon National Corporat (NYSE:FHN) recently. During last 3 month period, 0.02% of total institutional ownership has changed in the company shares. For the full year, analysts expect earnings to jump 18.09% yoy to $1.11. Morgan Stanley reiterated an "equal weight" rating and issued a $19.50 price target on shares of First Horizon National Corporation in a report on Wednesday, September 27th. The company's revenue was up.1% compared to the same quarter past year. In contrast to the year ago quarter EPS was at 0.28. Investors of record on Friday, September 8th were paid a $0.09 dividend. The ex-dividend date was Thursday the 7th of September 2017. This represents a $0.36 annualized dividend and a dividend yield of 2.10%. First Horizon National Corporation's payout ratio is 32.43%.
A number of analysts have weighed in on the stock. BMO Capital Markets maintained the shares of PAYX in report on Wednesday, June 28 with "Hold" rating. First Horizon National Corporation had 39 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank AG reissued a "hold" rating on shares of First Horizon National Corporation in a research report on Monday, July 3rd. Zacks Investment Research upgraded shares of First Horizon National Corporation from a "sell" rating to a "hold" rating in a research report on Monday.
Australia's team bus hit by rock in India after T20 win
Before this morning's attack, Australia had secured an eight-wicket win over India to level their T20 series at 1-1. He also spoke to Assam Chief Minister Sarbananda Sonowal about the incident.
First Horizon announced in March it would buy the Charlotte, N.C. -based Capital Bank Financial Corp for $2.2 billion to boost its presence in the fast-growing US southeast market.
Among 3 analysts covering Yangarra Resources Ltd (TSE:YGR), 3 have Buy rating, 0 Sell and 0 Hold. It seems to be blessed by the accumulated volume as it meets no resistance above current level and favorable trading conditions will help the stock to show strong performance in the coming days. After a recent check, company stock has been trading near the $18.88 mark. The Weekly and Monthly Volatility stands at 1.36% and 1.53%.
The stock is now showing YTD performance of -4.45 Percent. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Lower-beta stocks pose less risk but generally offer lower returns. The stock was sold at an average price of $18.51, for a total value of $64,785.00. Following the completion of the transaction, the chief financial officer now owns 275,497 shares in the company, valued at approximately $5,132,509.11. The disclosure for this sale can be found here. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank).