First Horizon National Corporation (FHN) Analysts See $0.28 EPS

Lloyd Doyle
January 13, 2018

The volume for the company on 10-Jan-18 was recorded to be 3.55 million contracts. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrances, gifts, and seasonal items; and furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. As of February 25, 2017, the Company operated 941 stores in the United States and 77 stores in Canada It also operates e-Commerce Website, pier1.com. Finally, Riverhead Capital Management LLC lifted its holdings in First Horizon National by 63.2% in the second quarter. Raymond James Financial upped their target price on shares of First Horizon National from $20.00 to $22.00 and gave the company an "outperform" rating in a research note on Monday, October 16th.

First Horizon National Corporation (FHN) is a bank holding company. The fund owned 4,571,230 shares of the financial services provider's stock after buying an additional 303,799 shares during the period. About 286,697 shares traded or 64.24% up from the average.

California State Teachers Retirement System lowered its stake in First Horizon National Corporation (NYSE:FHN) by 9.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. It has outperformed by 5.18% the S&P500. FHN's latest closing price was 11.13% away from the average price of 200 days while it maintained a distance of 4.65% from the 50 Day Moving Average and 0.81% away compared to its SMA 20. Therefore 50% are positive. The firm earned "Hold" rating on Tuesday, December 5 by RBC Capital Markets. The stock has "Hold" rating by Barclays Capital on Tuesday, January 2. The rating was maintained by Wood with "Buy" on Tuesday, April 11. First Horizon National Corporation (FHN) is intriguing when broken down to its core data.


Investors may also want to take a longer-term look at company shares. Susquehanna Int Llp owns 26,131 shares or 0% of their U.S. portfolio. Vanguard Small Cap Value Etf (VBR) was reduced too. Its down 0.09, from 1.04 in 2017Q2.

In other news, CFO William C. Losch III sold 3,500 shares of the stock in a transaction that occurred on Tuesday, September 26th. Its down 0.09, from 1.04 in 2017Q2. 26 funds opened positions while 74 raised stakes. The NASDAQ-listed company saw a recent bid of $16.97 on volume of 3.95 million shares. Moreover, Saba Capital Management L.P. has 2.81% invested in the company for 3.61 million shares. Jane Street Group Lc reported 104,476 shares. First Horizon National Corporation (NYSE:FHN) has risen 21.88% since January 9, 2017 and is uptrending. Morgan Stanley maintained First Horizon National Corporation (NYSE:FHN) rating on Wednesday, December 13. Barnett And holds 0.02% or 2,500 shares in its portfolio. First Horizon National's dividend payout ratio is now 32.14%. Security Natl Tru accumulated 9 shares. National Bank & Trust Of Montreal Can has 55,803 shares for 0% of their portfolio. The original version of this report can be read at https://stocknewstimes.com/2018/01/09/q1-2018-eps-estimates-for-first-horizon-national-corporation-lifted-by-analyst-fhn.html. Natixis holds 0.04% or 206,408 shares in its portfolio. Retirement Sys Of Alabama reported 724,868 shares or 0.07% of all its holdings. This was revealed in their last financial report. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, three have given a buy rating and three have issued a strong buy rating to the stock. First Horizon National has a 1-year low of $15.84 and a 1-year high of $20.86. This short time frame picture represents an upward movement of current price over average price of last 20 days. The firm has "Buy" rating by Jefferies given on Monday, November 28. The stock now has Monthly Volatility of 1.75% and Weekly Volatility of 1.59%. The rating was initiated by Guggenheim with "Buy" on Thursday, October 8. Telsey Advisory has "Market Perform" rating and $5.0 target. The firm has "Buy" rating by Jefferies given on Wednesday, June 14. The firm has "Underperform" rating given on Thursday, September 8 by Credit Suisse. FHN's profit will be $91.36M for 17.94 P/E if the $0.28 EPS becomes a reality. After having $0.32 EPS previously, First Horizon National Corporation's analysts see -12.50 % EPS growth.

Towle & Co holds 0.69% of its portfolio in Pier 1 Imports, Inc. for 1.55 million shares. Rhumbline Advisers invested in 0.02% or 489,413 shares. However, the institutional investors are observed to own 92.50% of the total shares. Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis.

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