Should You Buy Hancock Holding Company (HBHC)?

Page 1 of 2

Is Hancock Holding Company (NASDAQ:HBHC) a splendid investment today? Money managers are turning bullish. The number of long hedge fund positions moved up by 5 lately.

To most market participants, hedge funds are assumed to be unimportant, old financial tools of years past. While there are more than 8000 funds in operation today, we choose to focus on the masters of this club, close to 450 funds. It is estimated that this group has its hands on most of all hedge funds’ total capital, and by keeping an eye on their best investments, we have found a few investment strategies that have historically outstripped the market. Our small-cap hedge fund strategy beat the S&P 500 index by 18 percentage points per year for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have outpaced the S&P 500 index by 23.3 percentage points in 8 months (explore the details and some picks here).

Equally as beneficial, positive insider trading sentiment is a second way to parse down the investments you’re interested in. Just as you’d expect, there are a number of stimuli for an insider to downsize shares of his or her company, but just one, very clear reason why they would initiate a purchase. Several academic studies have demonstrated the valuable potential of this method if investors know what to do (learn more here).

Now, we’re going to take a look at the latest action encompassing Hancock Holding Company (NASDAQ:HBHC).

What have hedge funds been doing with Hancock Holding Company (NASDAQ:HBHC)?

In preparation for this quarter, a total of 11 of the hedge funds we track were bullish in this stock, a change of 83% from the previous quarter. With the smart money’s capital changing hands, there exists a few noteworthy hedge fund managers who were upping their holdings considerably.

Hancock Holding Company (NASDAQ:HBHC)According to our comprehensive database, Dreman Value Management, managed by David Dreman, holds the biggest position in Hancock Holding Company (NASDAQ:HBHC). Dreman Value Management has a $29.8 million position in the stock, comprising 0.8% of its 13F portfolio. On Dreman Value Management’s heels is Bryn Mawr Capital, managed by Ken Gray and Steve Walsh, which held a $14.6 million position; 1.1% of its 13F portfolio is allocated to the company. Remaining hedge funds with similar optimism include John Overdeck and David Siegel’s Two Sigma Advisors, Israel Englander’s Millennium Management and Ken Griffin’s Citadel Investment Group.

Now, some big names have jumped into Hancock Holding Company (NASDAQ:HBHC) headfirst. Two Sigma Advisors, managed by John Overdeck and David Siegel, established the most valuable position in Hancock Holding Company (NASDAQ:HBHC). Two Sigma Advisors had 5.8 million invested in the company at the end of the quarter. Israel Englander’s Millennium Management also initiated a $2.6 million position during the quarter. The other funds with brand new HBHC positions are D. E. Shaw’s D E Shaw, Glenn Russell Dubin’s Highbridge Capital Management, and Alec Litowitz and Ross Laser’s Magnetar Capital.

How are insiders trading Hancock Holding Company (NASDAQ:HBHC)?

Bullish insider trading is best served when the company we’re looking at has seen transactions within the past half-year. Over the last half-year time period, Hancock Holding Company (NASDAQ:HBHC) has experienced 1 unique insiders buying, and 3 insider sales (see the details of insider trades here).

Let’s go over hedge fund and insider activity in other stocks similar to Hancock Holding Company (NASDAQ:HBHC). These stocks are Bank Of The Ozarks Inc (NASDAQ:OZRK), Trustmark Corp (NASDAQ:TRMK), F.N.B. Corp (NYSE:FNB), EverBank Financial Corp (NYSE:EVER), and First Horizon National Corporation (NYSE:FHN). This group of stocks are the members of the regional – southeast banks industry and their market caps are similar to HBHC’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!