Huntington Bancshares (HBAN) Receives News Impact Score of 0.09

Joanna Estrada
July 14, 2017

Huntington Bancshares had a net profit margin of 17.54% and a ROE of 11.07%. The Basswood Capital Management Llc holds 1.07M shares with $14.11 million value, down from 3.33M last quarter. At the moment, the 14-day ATR for Amgen Inc. Following last close company's stock, is 6.72% above their SMA 50 and -4.98% below the 52-week high.

News articles about Huntington Bancshares (NASDAQ:HBAN) have trended somewhat positive recently, Accern reports. It has outperformed by 6.29% the S&P500.

A number of equities research analysts have weighed in on the company. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) has "Buy" rating given on Friday, August 28 by Guggenheim. On Thursday, May 26 the stock rating was downgraded by Robert W. Baird to "Neutral". The firm owned 11,525 shares of the bank's stock after buying an additional 376 shares during the period.

Investors sentiment decreased to 1.14 in 2016 Q4. Its down 1.05, from 2.19 in 2016Q3. Institutional investors own 75.26% of the company's stock. Savant Capital Limited Liability, Illinois-based fund reported 10,258 shares.

Several analysts have released their opinion on Huntington Bancshares Incorporated (NASDAQ:HBAN), with 7 analysts believing it is a strong buy. Huntington Financial Bank invested in 773,642 shares. Investment Prns Ltd Oh Adv owns 13,592 shares or 0.18% of their USA portfolio. The company has its outstanding shares of 1.1 Billion.

Huntington Bancshares Incorporated (Huntington) is a bank holding company.

Huntington Bancshrs Incorporated (NASDAQ:HBAN) had a decrease of 3.69% in short interest. 38,988 shares were sold by Mack Mary T, worth $2.05M on Thursday, June 8. Massachusetts Financial Ser Ma holds 0.04% or 5.74M shares. Mark Sheptoff Fincl Planning Limited Co holds 0.31% or 7,600 shares. Peloton Wealth Strategists, a Indiana-based fund reported 36,550 shares. Camelot Portfolios Limited Liability Company invested in 0.25% or 35,688 shares.

Investors who took positions in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) are riding high as the stock has performed solidly over the past few months, marking a 5.62% increase for the quarter. Therefore 43% are positive. Huntington Bancshares Incorporated had 47 analyst reports since August 6, 2015 according to SRatingsIntel.

04/20/2017 - Huntington Bancshares Incorporated had its "market perform" rating reiterated by analysts at FBR Capital Markets. The company was maintained on Thursday, June 8 by BMO Capital Markets. William Blair upgraded the shares of MKL in report on Thursday, April 14 to "Outperform" rating. Huntington Bancshares Incorporated (NASDAQ:HBAN) for the trailing twelve months paying dividend with the payout ratio of 45.52% to its shareholders. Piper Jaffray Companies reaffirmed a neutral rating and issued a $14.00 price objective (down previously from $14.50) on shares of Huntington Bancshares in a research note on Saturday, April 22nd. The stock has "Buy" rating by CLSA on Friday, September 30. The legal version of this report can be accessed at https://www.chaffeybreeze.com/2017/07/13/huntington-bancshares-incorporated-hban-stake-lowered-by-new-york-state-teachers-retirement-system-updated-updated.html. The insider HACKETT JAMES T bought 33,000 shares worth $945,450.

TRADEMARK VIOLATION NOTICE: "Huntington Bancshares Incorporated (NASDAQ:HBAN) Upgraded to "Hold" at BidaskClub" was originally posted by Markets Daily and is the sole property of of Markets Daily. EVP & Chief Technology Off sold $461,860 worth of shares at an average price of $12.93 on Tue the 9th. For the quarter, shares have been noted at 15.61%. DA Davidson started coverage on Huntington Bancshares in a report on Thursday, March 23rd. During the same period past year, the business earned $0.20 EPS. After $0.21 actual earnings per share reported by Huntington Bancshares Incorporated for the previous quarter, Wall Street now forecasts 9.52% EPS growth. The stock now has Monthly Volatility of 1.88% and Weekly Volatility of 1.33%. It also upped Bancorp Of New Jersey Inc. Cleararc Cap Incorporated owns 123,390 shares. Bryn Mawr Bank Corp (NASDAQ:BMTC) was raised too. Its up 0.10, from 0.93 in 2016Q3. The insider Remiker Richard sold $9,563. 10 funds opened positions while 31 raised stakes. Huntington Retail Bank reported 40,268 shares or 0.02% of all its holdings. Stockholders of record on Monday, June 19th were issued a $0.08 dividend. Daiwa Secs reported 39,696 shares.

Marshfield Associates holds 6.37% of its portfolio in Cummins Inc. for 610,635 shares. Andra Ap holds 0.04% or 103,400 shares in its portfolio. Raymond James Svcs has invested 0% in Geron Corporation (NASDAQ:GERN). International Invsts holds 1.46% or 18.38 million shares in its portfolio. About 11.15M shares traded or 17.86% up from the average. Wells Fargo & Co (NYSE:WFC) has risen 9.67% since July 12, 2016 and is uptrending. It has underperformed by 17.76% the S&P500. (Janssen). The company has market cap of $458.40 million. It now has negative earnings.

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