First Horizon National (FHN) PT Raised to $23.00

Saturday, 13 Jan, 2018

Federated Invsts Inc Pa invested in 474,704 shares or 0.03% of the stock.

First Horizon National Corporation (FHN) stock price traded Upswing on volume of 3.55 million shares in recent session. About 680,645 shares traded. (NYSE:AIG) has risen 8.59% since January 12, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

In connection with the recent tax reform legislation, First Horizon announced on December 22, 2017 that it will pay a one-time $1,000 cash bonus to over 4,000 non-commission employees who do not participate in company-sponsored bonus plans. (FHN) by 8.57% based on its latest 2017Q3 regulatory filing with the SEC. The firm owned 386,651 shares of the financial services provider's stock after selling 39,826 shares during the quarter. The institutional investor held 112,764 shares of the telecommunications equipment company at the end of 2017Q3, valued at $4.42M, up from 72,794 at the end of the previous reported quarter. Parnassus Investments who had been investing in First Horizon National Corp. for a number of months, seems to be bullish on the $6.68 billion market cap company. The stock increased 0.29% or $0.11 during the last trading session, reaching $38.25. About 1.04M shares traded. LLC increased its stake in First Horizon National Corporation (NYSE:FHN) by 7.1% during the fourth quarter, Holdings Channel reports. It has outperformed by 5.18% the S&P500. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. Therefore 67% are positive. On Friday, September 8 the stock rating was maintained by RBC Capital Markets with "Buy". The firm has "Buy" rating given on Wednesday, June 14 by Jefferies. Canaccord Genuity maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, July 25. The firm earned "Buy" rating on Friday, October 13 by Keefe Bruyette & Woods. The stock has "Hold" rating by Canaccord Genuity on Wednesday, October 25. The rating was maintained by Raymond James on Wednesday, December 6 with "Buy". Its down 0.01, from 0.78 in 2017Q2. 2,799,036 shares of the company were exchanged, compared to its average volume of 3,172,226. S&Co holds 0.21% in McDonald's Corporation (NYSE:MCD) or 10,690 shares. The company has a current ratio of 0.94, a quick ratio of 0.92 and a debt-to-equity ratio of 0.38. Charter Trust stated it has 0.48% in McDonald's Corporation (NYSE:MCD). Also this means that RSI values turn into more accurate as the calculation period extends. The Company has four segments: regional banking, fixed income, corporate and non-strategic. State Treasurer State Of Michigan, a Michigan-based fund reported 88,083 shares. Samlyn Capital Limited Com invested 1.69% of its portfolio in McDonald's Corporation (NYSE:MCD). Brandywine Investment Management Ltd Llc accumulated 473 shares or 0% of the stock. Sentinel Asset reported 1.17% stake. 103,226 are owned by Panagora Asset Mngmt. It has a Return on Investment (ROI) of 0.30% and a gross margin of 35.70%.

Following some medium-term indicators on shares of SUPERVALU Inc.

Analysts expect First Horizon National Corporation (NYSE:FHN) to report $0.28 EPS on January, 12.They anticipate $0.05 EPS change or 21.74 % from last quarter's $0.23 EPS. Therefore 50% are positive. The firm has "Buy" rating by Keefe Bruyette & Woods given on Tuesday, August 1. RBC Capital Markets maintained it with "Sector Perform" rating and $15 target in Monday, October 19 report. The stock has "Buy" rating by SunTrust on Tuesday, November 28. The stock has "Hold" rating by Deutsche Bank on Monday, September 26. The analysts, on average, are forecasting a $22.66 price target, but the stock is already up 30.11% from its recent lows.

Investors sentiment decreased to 0.95 in 2017 Q3.

Want to see what other hedge funds are holding FHN?

VANGUARD GROUP INC raised its stake in SUPERVALU Inc. 204.94 million shares or 3.94% more from 197.17 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage Sa owns 121,858 shares. VICTORY CAPITAL MANAGEMENT INC also announced decreased position in First Horizon National Corporation (FHN) during the quarter. Virginia Retirement System Et Al reported 118,400 shares. Macquarie Group Ltd. bought a new stake in shares of First Horizon National during the third quarter valued at approximately $182,000. Shareholders of record on Friday, November 3rd will be paid a dividend of $0.09 per share. Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma reported 124 shares. Gofen And Glossberg Lc Il holds 16,441 shares. 14,601 were reported by Connable Office. Noting its average daily volume at 4.75 million shares each day over the month, this signifies a pretty significant change over the norm. Teachers Retirement Sys Of The State Of Kentucky invested 0.01% of its portfolio in First Horizon National Corporation (NYSE:FHN). Frontier Capital Llc invested in 0.66% or 4.78 million shares.

Shares of First Horizon National (NYSE FHN) opened at $20.58 on Tuesday.

Since September 26, 2017, it had 0 buys, and 3 sales for $1.01 million activity. 5,449 shares were sold by MARTIN R BRAD, worth $104,917.

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