Sells 106500 Shares of First Horizon National Corp (FHN)

Illinois-based Cna Financial has invested 0.27% in First Horizon National Corp (NYSE:FHN). First Horizon National Corporation's dividend payout ratio is now 32.43%. The stock showed monthly performance of 9.32%. The stock of First Horizon National Corp (NYSE:FHN) earned "Hold" rating by RBC Capital Markets on Thursday, September 7.

The stock has Return on Assets (ROA) of 0.9 percent. It dropped, as 26 investors sold First Horizon National Corp shares while 85 reduced holdings. Zurcher Kantonalbank Zurich Cantonalbank increased its position in First Horizon National Corporation by 8.7% during the 2nd quarter. Shelton Capital Mngmt owns 17,814 shares.

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. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,472 shares of the financial services provider's stock valued at $148,000 after purchasing an additional 676 shares during the period. Institutional investors and hedge funds own 81.70% of the company's stock.

First Horizon National Corporation (FHN) has the market capitalization of $4.44 Billion. If you are reading this story on another site, it was illegally stolen and republished in violation of United States and global trademark and copyright legislation. First Horizon National Corporation has a 1-year low of $14.60 and a 1-year high of $20.84.

Several research analysts have recently weighed in on the stock. First Horizon National Corporation had 38 analyst reports since July 21, 2015 according to SRatingsIntel. If First Horizon National Corporation (NYSE:FHN) shares can stay above the price resistance around $19.26 a share, that could help propel First Horizon National Corporation (NYSE:FHN) higher to the next line of resistance at $19.39 a share. Wood has "Buy" rating and $21 target. Deutsche Bank maintained the stock with "Hold" rating in Tuesday, January 26 report. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company. Jefferies maintained First Horizon National Corp (NYSE:FHN) on Wednesday, June 14 with "Buy" rating. Bancorp Of Montreal Can reported 0% in First Horizon National Corp (NYSE:FHN). The company rocked its 52-Week High of $20.84 and touched its 52-Week Low of $14.6. Analyst expectation from the stock's 11 analysts is one of positive sentiment, with earnings estimated to expand from current levels of $1.12 to $1.45 over the next couple of years.

Analysts expect First Horizon National Corp (NYSE:FHN) to report $0.31 EPS on October, 13.They anticipate $0.04 EPS change or 14.81% from last quarter's $0.27 EPS. As of the latest earnings report the EPS was $1.11 and is expected to be $1.10 for the current year with 234,135,000 shares now outstanding. The company had revenue of $306.65 million during the quarter, compared to the consensus estimate of $324.31 million. First Horizon National Corporation had a net margin of 19.13% and a return on equity of 9.10%. The company's revenue was up.1% compared to the same quarter a year ago.

The company has mean EPS estimate of 0.28 reported by 15 number of analyst for the quarter ending Current Qtr.(Sep2017). This dividend amount represented a yield of $1.87. The ex-dividend date of this dividend is Wednesday, June 7th. First Horizon National Corporation's dividend payout ratio is presently 32.43%. The percentage of shares being held by the company management was 1.6% while institutional stake was 87.1%.

It is trading at $19.34 which is marginally higher than $17.86, the stock's 50 day moving average and which is just over the 200 day moving average of $17.77. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The Beta for the stock stands at 1.04. The stock was sold at an average price of $18.51, for a total value of $64,785.00. The disclosure for this sale can be found here. The United Kingdom-based Hsbc Holding Pcl has invested 0% in First Horizon National Corp (NYSE:FHN). The Firm provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). The Firm has four divisions: regional banking, fixed income, corporate and non-strategic. The Company's regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and other selected markets.

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