John Hancock Preferred Income Fund III Stock Price, News & Analysis (NYSE:HPS)

$17.26 +0.08 (+0.47 %)
(As of 02/21/2018 04:00 PM ET)
Previous Close$17.18
Today's Range$17.20 - $17.36
52-Week Range$16.80 - $19.48
Volume76,363 shs
Average Volume101,276 shs
Market Capitalization$540.31 million
P/E RatioN/A
Dividend Yield8.57%
Beta0.13

About John Hancock Preferred Income Fund III (NYSE:HPS)

John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary objective. It invests approximately 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. In addition, the Fund invests approximately 25% or more of its total assets in the industries comprising the utilities sector. Its portfolio includes preferred securities-United States, Preferred securities-Foreign, common stocks, corporate bonds, and short term investments and other. It invests in various sectors, including financials, utilities, energy, healthcare and consumer staples. John Hancock Advisers, LLC serves as investment advisor for the Fund.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:HPS
CUSIPN/A
Phone+1-617-6633000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares31,580,000

John Hancock Preferred Income Fund III (NYSE:HPS) Frequently Asked Questions

What is John Hancock Preferred Income Fund III's stock symbol?

John Hancock Preferred Income Fund III trades on the New York Stock Exchange (NYSE) under the ticker symbol "HPS."

How often does John Hancock Preferred Income Fund III pay dividends? What is the dividend yield for John Hancock Preferred Income Fund III?

John Hancock Preferred Income Fund III declared a monthly dividend on Monday, February 5th. Investors of record on Monday, February 12th will be paid a dividend of $0.1222 per share on Wednesday, February 28th. This represents a $1.47 dividend on an annualized basis and a yield of 8.50%. The ex-dividend date is Friday, February 9th. View John Hancock Preferred Income Fund III's Dividend History.

Who are some of John Hancock Preferred Income Fund III's key competitors?

Who are John Hancock Preferred Income Fund III's key executives?

John Hancock Preferred Income Fund III's management team includes the folowing people:

  • Hassell H. McClellan, Chairman of the Board of Trustee
  • Andrew G. Arnott, President
  • Steven R. Pruchansky, Independent Vice Chairman of the Board of Trustees
  • Charles A. Rizzo, Chief Financial Officer
  • John J. Danello, Senior Vice President, Secretary and Chief Legal Officer
  • Francis V. Knox Jr., Chief Compliance Officer
  • Salvatore Schiavone, Treasurer
  • Charles L. Bardelis, Independent Trustee
  • James R. Boyle, Trustee
  • Craig R. Bromley, Non-Independent Trustee

Who owns John Hancock Preferred Income Fund III stock?

John Hancock Preferred Income Fund III's stock is owned by a number of of institutional and retail investors. Top institutional investors include Guggenheim Capital LLC (0.60%), Burney Co. (0.40%), OLD National Bancorp IN (0.06%) and Annex Advisory Services LLC (0.04%). Company insiders that own John Hancock Preferred Income Fund III stock include Hassell H Mcclellan and Steven R Pruchansky. View Institutional Ownership Trends for John Hancock Preferred Income Fund III.

Who sold John Hancock Preferred Income Fund III stock? Who is selling John Hancock Preferred Income Fund III stock?

John Hancock Preferred Income Fund III's stock was sold by a variety of institutional investors in the last quarter, including Annex Advisory Services LLC. View Insider Buying and Selling for John Hancock Preferred Income Fund III.

Who bought John Hancock Preferred Income Fund III stock? Who is buying John Hancock Preferred Income Fund III stock?

John Hancock Preferred Income Fund III's stock was acquired by a variety of institutional investors in the last quarter, including Burney Co., Guggenheim Capital LLC and OLD National Bancorp IN. View Insider Buying and Selling for John Hancock Preferred Income Fund III.

How do I buy John Hancock Preferred Income Fund III stock?

Shares of John Hancock Preferred Income Fund III can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is John Hancock Preferred Income Fund III's stock price today?

One share of John Hancock Preferred Income Fund III stock can currently be purchased for approximately $17.26.

How big of a company is John Hancock Preferred Income Fund III?

John Hancock Preferred Income Fund III has a market capitalization of $540.31 million.

How can I contact John Hancock Preferred Income Fund III?

John Hancock Preferred Income Fund III's mailing address is 601 Congress St, BOSTON, MA 02210-2804, United States. The company can be reached via phone at +1-617-6633000.


MarketBeat Community Rating for John Hancock Preferred Income Fund III (HPS)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  35 (Vote Underperform)
Total Votes:  85
MarketBeat's community ratings are surveys of what our community members think about John Hancock Preferred Income Fund III and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

John Hancock Preferred Income Fund III (NYSE:HPS) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for John Hancock Preferred Income Fund III (NYSE:HPS)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

John Hancock Preferred Income Fund III (NYSE:HPS) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

John Hancock Preferred Income Fund III (NYSE:HPS) Dividend Information

Next Dividend:2/28/2018
Annual Dividend:$1.47
Dividend Yield:8.52%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for John Hancock Preferred Income Fund III (NYSE:HPS)

John Hancock Preferred Income Fund III (NYSE:HPS) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/5/2018monthly$0.128.55%2/9/20182/12/20182/28/2018
1/3/2018monthly$0.127.82%1/11/20181/12/20181/31/2018
12/4/2017monthly$0.127.83%12/8/201712/11/201712/29/2017
10/3/2017monthly$0.127.78%10/11/201710/12/201710/31/2017
9/15/2017Quarterly$0.069/21/20179/22/20179/29/2017
9/5/2017monthly$0.127.85%9/8/20179/11/20179/29/2017
8/2/2017monthly$0.127.57%8/9/20178/11/20178/31/2017
7/5/2017monthly$0.127.66%7/11/20177/13/20177/31/2017
6/2/2017monthly$0.127.69%6/8/20176/12/20176/30/2017
5/2/2017monthly$0.127.75%5/9/20175/11/20175/31/2017
4/4/2017monthly$0.127.87%4/11/20174/13/20174/28/2017
2/24/2017monthly$0.127.91%3/9/20173/13/20173/31/2017
2/2/2017monthly$0.127.89%2/9/20172/13/20172/28/2017
1/4/2017monthly$0.128.13%1/11/20171/13/20171/31/2017
(Data available from 1/1/2013 forward)

Insider Trades

John Hancock Preferred Income Fund III (NYSE HPS) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for John Hancock Preferred Income Fund III (NYSE:HPS)
Institutional Ownership by Quarter for John Hancock Preferred Income Fund III (NYSE:HPS)

John Hancock Preferred Income Fund III (NYSE HPS) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/27/2017Steven R PruchanskyInsiderBuy200$18.97$3,794.001,891View SEC Filing  
9/30/2016Hassell H McclellanInsiderSell182$19.27$3,507.14634View SEC Filing  
8/25/2016Steven R PruchanskyInsiderBuy125$20.04$2,505.001,571View SEC Filing  
1/4/2016James BoyleInsiderBuy848$17.71$15,018.08848View SEC Filing  
4/3/2013Craig BromleyInsiderBuy1,100$19.66$21,626.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

John Hancock Preferred Income Fund III (NYSE HPS) News Headlines

Source:

SEC Filings

John Hancock Preferred Income Fund III (NYSE:HPS) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

John Hancock Preferred Income Fund III (NYSE HPS) Stock Chart for Wednesday, February, 21, 2018

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This page was last updated on 2/21/2018 by MarketBeat.com Staff

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