Hsbc Holdings PLC Sells 39,009 Shares of Cadence Bank $CADE
HSBC Holdings PLC sold 39,009 shares of Cadence Bank, reducing its stake by 13.2% in Q2. Cadence Bank's stock opened at $41.84, with a 12-month high of $41.88. Analysts have downgraded the stock to 'Hold' with a target price of $42.33. Cadence Bank reported Q3 earnings of $0.81 per share, beating estimates. The dividend yield is 2.6%.
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