First Horizon National Corp (FHN) Receiving Somewhat Favorable Press Coverage, AlphaOne Reports

Marco Green
June 3, 2017

01/05/2017 - First Horizon National Corporation was upgraded to "overweight" by analysts at JP Morgan.

A number of other hedge funds have also bought and sold shares of FHN.

01/09/2017 - First Horizon National Corporation was upgraded to " by analysts at Wells Fargo. United Capital Financial Advisers LLC now owns 11,885 shares of the financial services provider's stock valued at $220,000 after buying an additional 157 shares during the period.

11/28/2016 - First Horizon National Corporation was upgraded to "buy" by analysts at Jefferies. Airain ltd now owns 23,618 shares of the financial services provider's stock valued at $437,000 after buying an additional 13,442 shares in the last quarter.

02/10/2016 - First Horizon National Corporation had its " rating reiterated by analysts at Guggenheim. Glen Harbor Capital Management LLC now owns 10,164 shares of the financial services provider's stock valued at $188,000 after buying an additional 1,408 shares during the period.

01/11/2016 - First Horizon National Corporation was upgraded to " by analysts at Evercore ISI.

First Horizon National Corporation (FHN) reported sales (ttm) of 843.1 Million, whereas, 13 number of analysts estimated the mean sale of 337.69 million. The stock, after opening at $17.06, hit $17.4 through the close by scoring 2.72%. The stock stands -3.59% below the average-price of 50 days and -1.20% compared with the SMA 20. First Horizon National Corp has a 1-year low of $12.46 and a 1-year high of $20.84.

Currently, the market capitalization of First Horizon National Corporation (FHN) is 4.07 Billion.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of First Horizon National Corporation (NYSE:FHN).

Analysts gives Superior Energy Services, Inc.

04/17/2017 - First Horizon National Corporation had its " rating reiterated by analysts at Hovde Group. Its revenue totaled $323.81 million up 1.31% from the previous quarter. In contrast to the year ago quarter EPS was at 0.28. The business's quarterly revenue was up.1% on a year-over-year basis.

First Horizon National Corp has increased its dividend payment by an average of 19.1% annually over the last three years. Stockholders of record on Friday, June 9th will be paid a dividend of $0.09 per share. They have a dividend yield of 2.20% and a 5 year dividend growth rate of 0.00%. The ex-dividend date of this dividend is Wednesday, June 7th. First Horizon National Corp's dividend payout ratio is now 29.79%.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Sports Perspectives and is the property of of Sports Perspectives. The original version of this piece of content can be read at https://transcriptdaily.com/2017/06/02/mason-street-advisors-llc-purchases-1538-shares-of-first-horizon-national-corp-fhn-updated.html.

A number of equities research analysts have weighed in on FHN shares. Finally, Zacks Investment Research lowered shares of First Horizon National Corp from a "buy" rating to a "hold" rating in a report on Friday, March 24th. If the market is performing well and the stock is over-valued, FHN might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. Stephens restated a "hold" rating on shares of First Horizon National Corp in a research note on Monday, April 17th. Barclays PLC decreased their target price on shares of First Horizon National Corp from $21.00 to $20.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 19th. Vining Sparks upgraded shares of First Horizon National Corp to an "outperform" rating in a research note on Tuesday, April 18th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Also, the current price highlights a discount of 39.72% to analysts' high consensus price target.

12/15/2016 - First Horizon National Corporation was upgraded to "neutral" by analysts at Bank of America Merrill Lynch. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank).

The company has been one of the biggest innovators in "Regional - Southeast Banks" employing approximately 4268 full time employees.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER