What Are Analysts Report About Huntington Bancshares Incorporated (HBAN)

Marco Green
February 22, 2018

$2.31 million worth of Marathon Petroleum Corporation (NYSE:MPC) shares were sold by Kelley Thomas M. The SI to Huntington Bancshrs Incorporated's float is 1.78%. The stock increased 1.36% or $19.66 during the last trading session, reaching $1468.35. Tapestry, Inc. (TPR) finalized the Tuesday at price of $49.41 after traded 2588708 shares. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 21, 2017 and is uptrending. It has underperformed by 6.84% the S&P500. Daiwa Securities Group Inc.'s holdings in Huntington Bancshares were worth $478,000 at the end of the most recent reporting period. The company reported the earnings of $0.26/Share in the last quarter where the estimated EPS by analysts was $0.26/share.

The counter witnessed a trading volume of 4.66 million shares versus an average volume of 5.94 million shares during last trading session. The stock closing price is now trading upward to its 50 day moving average with change of 3.88%, escalated to its 20 day moving average with figure of 0.30% and above its 200 day moving average with value 15.24%. Analysts reported that the Price Target for Huntington Bancshares Incorporated might touch $19 high while the Average Price Target and Low price Target is $17.27 and $15 respectively. It offers water and wastewater services through operating and maintenance contracts with municipal authorities and other parties. It has a 15.79 P/E ratio. The firm also provides water and wastewater line fix services, and protection solutions to households; and non-utility raw water supply services for firms in the natural gas drilling industry. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Therefore 65% are positive. Tronox had 19 analyst reports since August 6, 2015 according to SRatingsIntel. Wells Fargo has "Buy" rating and $40.0 target. The stock has "Buy" rating by Piper Jaffray on Tuesday, January 23. (NYSE:WTR) rating on Friday, March 17. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The firm has "Underperform" rating given on Monday, December 21 by Hilliard Lyons. The rating was downgraded by BMO Capital Markets to "Hold" on Thursday, October 26. The stock has "Hold" rating by Keefe Bruyette & Woods on Thursday, December 21.

Investors sentiment increased to 1.52 in 2017 Q3. Its down 0.03, from 0.99 in 2017Q2. Alphabet Inc was reduced too. Bollard Group Llc bought 3,700 shares as the company's stock rose 13.58% with the market. State Of Tennessee Treasury Department invested in 296,578 shares or 0.02% of the stock. Pictet Asset Mngmt Limited holds 0.02% or 526,400 shares in its portfolio. Bb&T holds 0.01% or 31,877 shares in its portfolio. Investors use this ratio to decide what multiple of earnings a share is worth. Kbc Group Nv owns 354,500 shares. First Trust L P reported 0.08% stake.

Since September 11, 2017, it had 0 buys, and 1 insider sale for $430,716 activity. Its down 0.03, from 0.99 in 2017Q2. 48 funds opened positions while 156 raised stakes. The company has volume of 13.71 Million shares. Teachers Ins & Annuity Association Of America owns 490,200 shares.

Huntington Bancshares Incorporated (HBAN) will report its next earnings on Jan 23 BMO. Moreover, Hanseatic Mgmt Ser has 0.07% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 4,726 shares. The companyÂ's FedEx Express segment provides various shipping services for the delivery of packages and freight; global trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows clients to track and manage imports.

Huntington Bancshares Incorporated (HBAN)'s distance from 200 day simple moving average is 14.84 percent, its distance from 50 day simple moving average is 3.61 percent, while its distance from 20 day simple moving average is -0.14 percent.

Huntington Bancshares Incorporated (Huntington) is a bank holding company. Schneider Cap Management Corp stated it has 369,552 shares or 0.93% of all its holdings. Commonwealth Of Pennsylvania Public School Empls Retrmt accumulated 0.02% or 88,647 shares. United Serv Automobile Association invested in 341,201 shares. During the same period in the prior year, the company posted $0.18 earnings per share. equities analysts anticipate that Huntington Bancshares Incorporated will post 1.21 EPS for the current fiscal year. Therefore 53% are positive. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.10 billion. The stock has a market cap of 17.14 Billion. As per Wednesday, January 27, the company rating was upgraded by Macquarie Research.

Huntington Bancshares (NASDAQ:HBAN) last announced its quarterly earnings results on Tuesday, January 23rd. Robert W. Baird has "Outperform" rating and $12 target. Huntington Bancshares's dividend payout ratio (DPR) is 24.00%. FBR Capital maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Friday, January 22. The stock now has a consensus rating of "Buy" and a consensus price target of $16.75. It fall, as 38 investors sold HBAN shares while 175 reduced holdings. 0 analysts gave its stock an Outperform rating. JP Morgan maintained the shares of HBAN in report on Thursday, January 25 with "Neutral" rating. The firm earned "Overweight" rating on Friday, August 11 by PiperJaffray.

Analyst's ratings determines the future of any company.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER