Several institutional investors have recently modified their holdings of the company. Its share price has decline -2.77% in three months and is up 2.55% for the last five trades.
For the Current Quarter, the growth estimate for First Horizon National Corporation is 11.1%, while for the Next Quarter the stock growth estimate is 34.8%. 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 last quarter. Zacks Investment Management raised its position in shares of First Horizon National Corporation by 1.4% in the second quarter. Diversified invested 0.02% of its portfolio in First Horizon National Corp (NYSE:FHN). Voya Investment Management LLC now owns 410,146 shares of the financial services provider's stock valued at $7,145,000 after buying an additional 340,701 shares during the last quarter.
In other First Horizon National Corporation news, CFO William C. Losch III sold 3,500 shares of First Horizon National Corporation stock in a transaction that occurred on Tuesday, September 26th. PNC Financial Services Group Inc. now owns 12,227 shares of the financial services provider's stock worth $214,000 after acquiring an additional 286 shares during the last quarter. Institutional investors and hedge funds own 81.70% of the company's stock.
Let's view some technical levels on shares of First Tennessee National Corp (FHN). If you are viewing this story on another site, it was copied illegally and reposted in violation of worldwide copyright and trademark laws. Voya Inv Mngmt Limited Liability holds 0.02% of its portfolio in First Horizon National Corp (NYSE:FHN) for 410,146 shares.
A number of equities research analysts have recently commented on the stock.
Analysts await First Horizon National Corporation (NASDAQ:FHN) to report earnings on Oct, 13 for the fiscal quarter ending Sep 2017. Vining Sparks raised First Horizon National Corp to an "outperform" rating in a research note on Tuesday, April 18th. Guggenheim has "Buy" rating and $18 target. BMO Capital Markets maintained the shares of PAYX in report on Wednesday, June 28 with "Hold" rating.
Total shares held by institutions as of the most recent company filings are 220,261,565 with a reported 18,859,511 bought and 17,302,785 sold. Jefferies maintained First Horizon National Corp (NYSE:FHN) on Monday, July 17 with "Buy" rating. At the time of writing, the 14-day ADX for First Tennessee National Corp (FHN) is 33.40. The company rocked its 52-Week High of $20.84 and touched its 52-Week Low of $14.6. FHN's latest closing price was 3.31% away from the average price of 200 days while it maintained a distance of 6.71% from the 50 Day Moving Average and 1.80% away compared to its SMA 20.
First Horizon National Corp (NYSE:FHN) last issued its earnings results on Thursday, April 13th. KEY share have rallied by 0.93% in percentage terms since the start of the year - and added 5.61% in the last month. Its revenue totaled $330.1 million up 7.65% from the previous quarter.
Returns and Valuations for Philip Morris International Inc. The company's revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 EPS. Investors of record on Friday, September 8th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Wednesday, June 7th. First Horizon National Corporation's dividend payout ratio (DPR) is presently 32.43%.
The stock decreased 1.09% or $0.21 during the last trading session, reaching $19.12. Following the completion of the transaction, the chief financial officer now owns 275,497 shares in the company, valued at approximately $5,132,509.11. When analyzing the systematic risk associated with a stock, analysts look at beta, which measures the stock's volatility relative to the overall market. Values of %D line that are above 80 indicate that the security is overbought; prices could well fall in the near future.