First Horizon National (FHN) Forms $18.94 Double Top; Engaged Capital Lowered By $5.18 Million Its Benchmark Electrs (BHE) Position

First Horizon National Corporation (FHN) formed double top with $20.08 target or 6.00% above today’s $18.94 share price. First Horizon National Corporation (FHN) has $6.19 billion valuation. The stock decreased 0.68% or $0.13 during the last trading session, reaching $18.94. About 254,669 shares traded. First Horizon National Corporation (NYSE:FHN) has risen 21.88% since February 13, 2017 and is uptrending. It has outperformed by 5.18% the S&P500.

Engaged Capital Llc decreased Benchmark Electrs Inc (BHE) stake by 16.51% reported in 2017Q3 SEC filing. Engaged Capital Llc sold 152,223 shares as Benchmark Electrs Inc (BHE)’s stock declined 4.45%. The Engaged Capital Llc holds 769,782 shares with $26.29 million value, down from 922,005 last quarter. Benchmark Electrs Inc now has $1.44B valuation. The stock decreased 0.34% or $0.1 during the last trading session, reaching $29.05. About 22,248 shares traded. Benchmark Electronics, Inc. (NYSE:BHE) has risen 60.40% since February 13, 2017 and is uptrending. It has outperformed by 43.70% the S&P500.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.09, from 1.04 in 2017Q2. It turned negative, as 38 investors sold First Horizon National Corporation shares while 67 reduced holdings. 26 funds opened positions while 74 raised stakes. 204.94 million shares or 3.94% more from 197.17 million shares in 2017Q2 were reported. Renaissance Techs Ltd holds 51,881 shares. Louisiana State Employees Retirement Sys invested in 62,500 shares. Huber Cap Mngmt Llc reported 2.11% in First Horizon National Corporation (NYSE:FHN). Us State Bank De has 15,194 shares for 0% of their portfolio. Icon Advisers holds 0.03% in First Horizon National Corporation (NYSE:FHN) or 24,000 shares. Tci Wealth Advsrs holds 0% or 55 shares. Nwq Invest Commerce Ltd Com accumulated 0.62% or 2.64M shares. Hl Financial Service Llc stated it has 13,483 shares. Utah Retirement Sys reported 0.02% of its portfolio in First Horizon National Corporation (NYSE:FHN). 134,884 were reported by Aperio Gru Lc. Los Angeles Capital Mngmt Equity Research Inc invested in 0.02% or 202,008 shares. Bankshares Of Montreal Can holds 0% or 55,803 shares in its portfolio. Chickasaw Limited Company reported 10,350 shares. Broadview Advisors Limited Company invested in 164,200 shares or 0.46% of the stock. Loring Wolcott & Coolidge Fiduciary Advsrs Llp Ma reported 0% stake.

Since September 26, 2017, it had 0 insider buys, and 4 selling transactions for $1.62 million activity. $609,516 worth of First Horizon National Corporation (NYSE:FHN) was sold by Foss Peter N on Monday, January 29. 5,449 shares valued at $104,917 were sold by MARTIN R BRAD on Friday, October 20. $64,768 worth of First Horizon National Corporation (NYSE:FHN) was sold by Losch William C III on Tuesday, September 26.

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 has $25.0 highest and $13 lowest target. $21.64’s average target is 14.26% above currents $18.94 stock price. First Horizon National Corporation had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of First Horizon National Corporation (NYSE:FHN) earned “Buy” rating by Jefferies on Monday, January 8. The stock has “Outperform” rating by Vining Sparks on Wednesday, April 19. The rating was maintained by Hovde Group on Monday, July 10 with “Market Perform”. The stock of First Horizon National Corporation (NYSE:FHN) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Buy” rating by Jefferies given on Friday, September 22. The firm earned “Buy” rating on Wednesday, June 14 by Jefferies. On Thursday, December 15 the stock rating was upgraded by Bank of America to “Neutral”. The firm has “Overweight” rating given on Friday, February 9 by Barclays Capital. The stock of First Horizon National Corporation (NYSE:FHN) earned “Buy” rating by SunTrust on Monday, January 8. JP Morgan upgraded the shares of FHN in report on Thursday, January 5 to “Overweight” rating.

Analysts await Benchmark Electronics, Inc. (NYSE:BHE) to report earnings on February, 14. They expect $0.36 earnings per share, down 20.00% or $0.09 from last year’s $0.45 per share. BHE’s profit will be $17.89M for 20.17 P/E if the $0.36 EPS becomes a reality. After $0.39 actual earnings per share reported by Benchmark Electronics, Inc. for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.

Among 5 analysts covering Benchmark Electronics (NYSE:BHE), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Benchmark Electronics had 18 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, October 21, the company rating was maintained by Needham. The company was maintained on Thursday, February 8 by RBC Capital Markets. The stock has “Buy” rating by Needham on Friday, October 23. The firm has “Buy” rating by Needham given on Tuesday, July 18. The stock of Benchmark Electronics, Inc. (NYSE:BHE) earned “Outperform” rating by Raymond James on Friday, July 24. The stock has “Buy” rating by Needham on Friday, July 22. The firm earned “Buy” rating on Thursday, February 9 by Needham. The rating was downgraded by Needham to “Hold” on Thursday, October 19. RBC Capital Markets maintained Benchmark Electronics, Inc. (NYSE:BHE) on Thursday, October 12 with “Hold” rating. The company was maintained on Thursday, August 31 by RBC Capital Markets.