Huber Capital Management Has Cut First Horizon Natl (FHN) Stake By $1.25 Million; Koch Industries Has Cut Synovus Finl Com New (SNV) Position

February 10, 2018 - By Vivian Currie

Huber Capital Management Llc decreased First Horizon Natl Corp (FHN) stake by 3.18% reported in 2017Q3 SEC filing. Huber Capital Management Llc sold 65,800 shares as First Horizon Natl Corp (FHN)’s stock declined 14.71%. The Huber Capital Management Llc holds 2.00 million shares with $38.32 million value, down from 2.07 million last quarter. First Horizon Natl Corp now has $6.19B valuation. The stock increased 1.28% or $0.24 during the last trading session, reaching $18.93. About 6.20M shares traded or 39.52% up from the average. First Horizon National Corporation (NYSE:FHN) has risen 21.88% since February 10, 2017 and is uptrending. It has outperformed by 5.18% the S&P500.

Koch Industries Inc decreased Synovus Finl Corp Com New (SNV) stake by 97.43% reported in 2017Q3 SEC filing. Koch Industries Inc sold 281,837 shares as Synovus Finl Corp Com New (SNV)’s stock declined 2.76%. The Koch Industries Inc holds 7,428 shares with $343,000 value, down from 289,265 last quarter. Synovus Finl Corp Com New now has $5.72 billion valuation. The stock increased 1.86% or $0.88 during the last trading session, reaching $48.11. About 1.08M shares traded or 32.49% up from the average. Synovus Financial Corp. (NYSE:SNV) has risen 33.10% since February 10, 2017 and is uptrending. It has outperformed by 16.40% the S&P500.

Among 19 analysts covering Synovus Financial Corp. (NYSE:SNV), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 42% are positive. Synovus Financial Corp. had 56 analyst reports since July 22, 2015 according to SRatingsIntel. Hovde Group downgraded the stock to “Market Perform” rating in Monday, January 9 report. The stock of Synovus Financial Corp. (NYSE:SNV) has “Hold” rating given on Friday, August 11 by Jefferies. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, October 18 report. On Tuesday, January 2 the stock rating was maintained by Robert W. Baird with “Hold”. The firm has “Buy” rating by Bank of America given on Thursday, May 11. Barclays Capital maintained it with “Equal-Weight” rating and $48 target in Wednesday, July 19 report. The stock of Synovus Financial Corp. (NYSE:SNV) has “Buy” rating given on Tuesday, January 23 by SunTrust. The rating was maintained by Barclays Capital with “Hold” on Tuesday, January 2. The rating was maintained by Bank of America on Wednesday, January 24 with “Buy”. Jefferies maintained Synovus Financial Corp. (NYSE:SNV) rating on Monday, January 8. Jefferies has “Hold” rating and $55.0 target.

Among 18 analysts covering First Horizon National Corporation (NYSE:FHN), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. First Horizon National Corporation had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 1 by Keefe Bruyette & Woods. The stock has “Hold” rating by Hovde Group on Monday, January 22. The stock has “Outperform” rating by Raymond James on Thursday, August 10. Raymond James maintained the shares of FHN in report on Wednesday, December 6 with “Buy” rating. The firm earned “Buy” rating on Friday, October 13 by Keefe Bruyette & Woods. The stock of First Horizon National Corporation (NYSE:FHN) has “Equal-Weight” rating given on Wednesday, December 13 by Morgan Stanley. Vining Sparks maintained First Horizon National Corporation (NYSE:FHN) on Wednesday, April 19 with “Outperform” rating. As per Wednesday, August 12, the company rating was maintained by Deutsche Bank. On Thursday, January 5 the stock rating was upgraded by JP Morgan to “Overweight”. The rating was maintained by Jefferies on Wednesday, June 14 with “Buy”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Vivian Currie

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: