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Y Intercept Hong Kong Ltd Makes New $1.61 Million Investment in First Horizon Corporation $FHN
['Kim Johansen']
Markets Daily
Concurrent Investment Advisors LLC now owns 23,926 shares of the financial services provider’s stock worth $541,000 after purchasing an additional 672 shares during the period.
Get First Horizon alerts:First Horizon Price PerformanceFHN opened at $24.40 on Friday.
The financial services provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06.
This buyback authorization allows the financial services provider to purchase up to 11.3% of its stock through open market purchases.
Insiders Place Their BetsIn related news, EVP David T. Popwell sold 155,149 shares of First Horizon stock in a transaction on Tuesday, November 4th.