S&P Making Sharecount Changes, KBW Reports (HBAN, HCP, FHN, LXP)

After the close on Wed., 12/15, S&P announced weekly sharecount changes that will be effective after the close on Wed., 12/22, KBW reports.

S&P is increasing the sharecounts of First Horizon National Corp. (NYSE: FHN), Huntington Bancshares Inc. (NASDAQ: HBAN), and HCP, Inc. (NYSE: HCP) in the S&P 500 Index and Lexington Realty Trust (NYSE: LXP) in the S&P 600 Index.

“We estimate the amount of shares that need to be bought by S&P index funds as a result of these sharecount changes,” KBW writes.

First Horizon closed Wednesday at $10.65; Huntington Bancshares Inc. closed at $6.27; HCP closed at $34.04; Lexington Realty Trust closed at $8.10.