14 July, 2017
JPMorgan Chase increased its position in First Horizon National Corporation by 20.0% in the Q1. Bank has invested 0.01% in First Horizon National Corp (NYSE:FHN). During its last trading session, Stock traded with the total exchanged volume of 3.78 million shares. Now the P/E of First Horizon National Corporation (FHN) stands at 18.19. Victory Capital Management has an ownership of 5,050,266 stocks of the financial services provider's shares valued $93,430,000 after scooping up an extra 247,994 shares through out the quarter. Parnassus Investments CA now owns 5,000,000 shares of the financial services provider's stock worth $92,500,000 after buying an additional 1,250,000 shares during the period. Market Capitalization if basically the market value of the company's shares outstanding. Vanguard Group Inc. boosted its position in First Horizon National Corporation by 5.7% in the first quarter. Akre Capital Management Llc, a Virginia-based fund reported 4.66 million shares. Ladenburg Thalmann Financial Services Inc. now owns 17,549 shares of the financial services provider's stock worth $288,000 after buying an additional 924 shares during the last quarter.
ILLEGAL ACTIVITY NOTICE: "Q2 2017 EPS Estimates for First Horizon National Corporation Decreased by Analyst (NYSE:FHN)" was reported by Community Financial News and is the sole property of of Community Financial News. During the same period in the previous year, the company posted $0.20 earnings per share. First Horizon National Corporation had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The company has market cap of $24.14 billion. The stock has a 50 day moving average price of $17.35 and a 200 day moving average price of $18.86.
EPS in next five year years is expected to touch 10.59% while EPS growth in past 5 year was 15.00% along with sales growth of -0.40% in the last five years. The company had revenue of $328.37 million for the quarter, compared to the consensus estimate of $331.27 million. The Return on Equity (ROE) value stands at 9.7%. -Earnings Growth (Y-o-Y): 11.3% -EPS (Q2): $0.27 vs. $0.24 a year ago.
Currently, EPS of First Horizon National Corporation (FHN) is 0.23 while the analysts predicted the EPS of the stock to be 0.23 suggesting the company fell short of the analysts' expectations.
The company recently announced a dividend that was paid on Monday the 3rd of July 2017. Investors of record on Friday, June 9th were issued a $0.09 dividend. It has a dividend yield of 2.07%. The ex-dividend date was Wednesday, June 7th. First Horizon National Corp now has $4.06B valuation.
First Horizon National Corporation (NYSE:FHN) traded up 0.58% during mid-day trading on Thursday, hitting $17.46. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and worldwide copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/07/11/metropolitan-life-insurance-co-ny-sells-159-shares-of-first-horizon-national-corporation-nysefhn.html. Finally, Hovde Group reduced their price objective on First Horizon National Corporation from $21.50 to $20.00 and set a "market perform" rating for the company in a research report on Monday, April 17th. Zacks Investment Research downgraded First Horizon National Corporation from a "buy" rating to a "hold" rating in a research report on Friday, March 24th. Analysts reported that the Price Target for First Horizon National Corporation might touch $23 high while the Average Price Target and Low price Target is $20.29 and $18 respectively. Finally, ValuEngine upgraded First Horizon National Corporation from a "hold" rating to a "buy" rating in a research note on Tuesday, June 13th.
Among 7 analysts covering Chemring Group PLC (LON:CHG), 4 have Buy rating, 1 Sell and 2 Hold. Accern also gave news articles about the financial services provider an impact score of 19 out of 100, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the next few days. $866,356 worth of First Horizon National Corp (NYSE:FHN) was sold by Valine Yousef A. PALMER VICKI R also sold $91,995 worth of First Horizon National Corp (NYSE:FHN) shares.
The average 1-year price target for PPL Corporation (PPL) - averaging the work of different analysts - reveals a mean PT of $39.08/share. Following the completion of the sale, the director now directly owns 57,818 shares in the company, valued at $1,020,487.70. Company insiders own 2.09% of the company's stock. Deutsche Financial Bank Ag has invested 0.02% in First Horizon National Corp (NYSE:FHN). The Company's regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and other selected markets. The Company has four segments: regional banking, fixed income, corporate and non-strategic.
