Oregon Public Employees Retirement Fund boosted its stake in Hancock Holding (NASDAQ:HBHC) by 4.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 33,236 shares of the financial services provider’s stock after purchasing an additional 1,522 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Hancock were worth $1,550,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Brown Advisory Inc. purchased a new stake in shares of Hancock during the 2nd quarter worth $229,000. Bailard Inc. purchased a new stake in shares of Hancock during the 2nd quarter worth $294,000. Cahaba Wealth Management Inc. purchased a new stake in shares of Hancock during the 2nd quarter worth $298,000. WINTON GROUP Ltd purchased a new stake in shares of Hancock during the 1st quarter worth $401,000. Finally, Xact Kapitalforvaltning AB lifted its position in shares of Hancock by 38.6% during the 1st quarter. Xact Kapitalforvaltning AB now owns 10,774 shares of the financial services provider’s stock worth $557,000 after purchasing an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 75.66% of the company’s stock.
Shares of HBHC opened at $51.65 on Tuesday. Hancock Holding has a 1-year low of $41.05 and a 1-year high of $56.40. The firm has a market capitalization of $4.41 billion, a P/E ratio of 17.69, a P/E/G ratio of 1.68 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.81 and a quick ratio of 0.80.
Hancock Holding Company operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts.
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