As First Horizon Natl Corp (FHN) Valuation Rose, Holder Ejf Capital LLC Has Lowered Stake by $19.14 Million

First Horizon National Corporation (NYSE:FHN) LogoInvestors sentiment is 0.94 in Q2 2019. Its the same as in 2019Q1. It has no change, as 28 investors sold FHN shares while 96 reduced holdings. only 48 funds opened positions while 68 raised stakes. 251.42 million shares or 6.78% less from 269.71 million shares in 2019Q1 were reported. World Asset Management, a Michigan-based fund reported 14,860 shares. Ameritas Prns stated it has 0.06% of its portfolio in First Horizon National Corporation (NYSE:FHN). Fuller & Thaler Asset Management invested 2.95% of its portfolio in First Horizon National Corporation (NYSE:FHN). State Teachers Retirement Sys holds 0.02% of its portfolio in First Horizon National Corporation (NYSE:FHN) for 498,300 shares. Ontario – Canada-based Canada Pension Plan Invest Board has invested 0% in First Horizon National Corporation (NYSE:FHN). Loomis Sayles & LP holds 0% or 1 shares in its portfolio. Smithfield accumulated 0% or 400 shares. Dupont Capital Mngmt Corporation holds 0.01% of its portfolio in First Horizon National Corporation (NYSE:FHN) for 23,500 shares. Schneider Capital Management owns 488,419 shares. Morgan Stanley owns 0% invested in First Horizon National Corporation (NYSE:FHN) for 448,777 shares. Swiss Retail Bank reported 592,049 shares or 0.01% of all its holdings. Gofen And Glossberg Il holds 0.01% or 16,441 shares. Parkside Bancshares Tru has invested 0% in First Horizon National Corporation (NYSE:FHN). Diversified Tru holds 54,660 shares. Gotham Asset Management Ltd stated it has 0% of its portfolio in First Horizon National Corporation (NYSE:FHN).

Ejf Capital Llc decreased its stake in First Horizon Natl Corp (FHN) by 33.57% based on its latest 2019Q2 regulatory filing with the SEC. Ejf Capital Llc sold 1.37 million shares as the company’s stock rose 9.55% . The hedge fund held 2.71 million shares of the major banks company at the end of 2019Q2, valued at $40.39 million, down from 4.07 million at the end of the previous reported quarter. Ejf Capital Llc who had been investing in First Horizon Natl Corp for a number of months, seems to be less bullish one the $5.14 billion market cap company. It closed at $16.46 lastly. It is up 8.12% since September 13, 2018 and is downtrending. It has underperformed by 8.12% the S&P500.

Ejf Capital Llc, which manages about $7.64B and $805.05M US Long portfolio, upped its stake in First Utd Corp (NASDAQ:FUNC) by 158,972 shares to 442,775 shares, valued at $8.73M in 2019Q2, according to the filing.

Analysts await First Horizon National Corporation (NYSE:FHN) to report earnings on October, 15. They expect $0.42 EPS, up 16.67 % or $0.06 from last year’s $0.36 per share. FHN’s profit will be $131.23 million for 9.80 P/E if the $0.42 EPS becomes a reality. After $0.42 actual EPS reported by First Horizon National Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

More notable recent First Horizon National Corporation (NYSE:FHN) news were published by: Globenewswire.com which released: “First Horizon National Corp. receives SBA designation – GlobeNewswire” on February 27, 2019, also Seekingalpha.com with their article: “First Horizon National Q2 2019 Earnings Preview – Seeking Alpha” published on July 15, 2019, Globenewswire.com published: “Kenneth A. Burdick and Wendy P. Davidson Elected to First Horizon Board of Directors – GlobeNewswire” on January 29, 2019. More interesting news about First Horizon National Corporation (NYSE:FHN) were released by: Globenewswire.com and their article: “First Horizon Reports Third Quarter 2018 Results NYSE:FHN – GlobeNewswire” published on October 16, 2018 as well as Seekingalpha.com‘s news article titled: “First Horizon gains 5.5% on improved outlook, Q2 beat – Seeking Alpha” with publication date: July 16, 2019.

First Horizon National Corporation (NYSE:FHN) Ratings Coverage

Among 2 analysts covering First Horizon National (NYSE:FHN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. First Horizon National has $1900 highest and $1800 lowest target. $18.50’s average target is 12.39% above currents $16.46 stock price. First Horizon National had 4 analyst reports since March 14, 2019 according to SRatingsIntel. Raymond James upgraded the stock to “Outperform” rating in Thursday, August 29 report. The company was upgraded on Monday, August 5 by UBS.

First Horizon National Corporation (NYSE:FHN) Institutional Positions Chart

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