Analyzing Analyst Recommendations: First Horizon National Corporation (FHN), Fluor Corporation (FLR)

Marco Green
October 10, 2017

Broadview Advisors Llc sold 117,450 shares as First Horizon Natl Corp (FHN)'s stock declined 14.71%. This showed a surprise of 3.8% in the last quarter earnings. Vanguard Group Inc. now owns 19,672,261 shares of the financial services provider's stock valued at $342,691,000 after purchasing an additional 435,264 shares during the period. About 748,898 shares traded. It has outperformed by 5.18% the S&P500.

Among 4 analysts covering Meg Energy Corp. (TSE:MEG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Raymond James maintained the shares of MEG in report on Monday, June 6 with " rating. Desjardins Securities maintained MEG Energy Corp (TSE:MEG) on Tuesday, June 28 with " rating. The firm has "Buy" rating by Jefferies given on Friday, September 22. They now have a United States dollars 22 price target on the stock. The company is expected to announce its next earnings results before the market opens on Friday, October 13th. The company was maintained on Friday, May 27 by Deutsche Bank.

02/02/2017 - JMP Securities began new coverage on First Horizon National Corporation giving the company a "market perform" rating. The Firm is focused on developing and commercializing products in the musculoskeletal segment of the marketplace. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods. MEG Energy Corp (TSE:MEG) has 0.00% since October 6, 2016 and is. The stock of First Horizon National Corp (NYSE:FHN) earned "Sector Perform" rating by RBC Capital Markets on Monday, October 19.

Investors sentiment decreased to 1.04 in 2017 Q2. This represents a $0.36 annualized dividend and a dividend yield of 1.87%. Investors of record on Friday, September 8th were issued a dividend of $0.09 per share. 197.17 million shares or 0.78% more from 195.63 million shares in 2017Q1 were reported. Tci Wealth holds 55 shares. The two firms have made a persuasive message for passive investors over ownership structure. Sei Investments holds 63,199 shares or 0% of its portfolio. Zacks Investment Research's earnings per share averages are an average based on a survey of sell-side analysts that follow First Horizon National Corporation. It is 0.03% or $0 reaching $19.26 per share. Brandywine Invest Mngmt Ltd holds 0% or 631 shares in its portfolio. Da Davidson accumulated 5,988 shares. Los Angeles Cap Mngmt And Equity stated it has 180,158 shares. Riverhead Capital Ltd Co invested in 0.01% or 13,383 shares. Shares saw a steep decrease in trading volume of 82.62% under the normal average daily volume. Jefferies maintained First Horizon National Corp (NYSE:FHN) rating on Monday, July 17.

First Horizon National Corporation (NYSE:FHN) ended its day with of 0.94% and registered the last transition at the value of $19.26. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company's stock. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2017/10/06/zacks-analysts-anticipate-first-horizon-national-corporation-fhn-to-announce-0-30-earnings-per-share.html. As per Tuesday, January 5, the company rating was upgraded by Hovde Group. As per Friday, July 14, the company rating was maintained by RBC Capital Markets. First Horizon National Corporat declared a dividend for shareholders paid on Monday the 2nd of October 2017. Recently, analysts have updated the overall rating to 2.5. The firm has "Buy" rating given on Thursday, October 8 by Guggenheim. UBS Asset Management Americas Inc. increased its position in First Horizon National Corporation by 16.1% in the 1st quarter.

First Horizon National Corporation (NYSE:FHN) received a Buy rating from 1 analysts. The company has grown sales at a -0.40% annual rate over the past five years, putting it in the low growth category. If First Horizon National Corporation (NYSE:FHN) shares can stay above the price resistance around $19.44 a share, that could help propel First Horizon National Corporation (NYSE:FHN) higher to the next line of resistance at $19.63 a share. The firm has insider ownership of 1.60%, this type of ownership is obligatory to inform or notify the SEC.

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