Rockland Belief Co. elevated its stake in shares of Huntington Bancshares Included (NASDAQ:HBAN – Free Report) by 4.0% within the third quarter, in line with its most up-to-date 13F submitting with the SEC. The agency owned 74,008 shares of the financial institution’s inventory after shopping for a further 2,868 shares through the interval. Rockland Belief Co.’s holdings in Huntington Bancshares have been price $1,088,000 as of its most up-to-date submitting with the SEC.
A number of different institutional buyers have additionally added to or diminished their stakes in HBAN. Campbell & CO Funding Adviser LLC purchased a brand new place in Huntington Bancshares within the 4th quarter valued at roughly $468,000. NEOS Funding Administration LLC raised its stake in shares of Huntington Bancshares by 31.2% within the fourth quarter. NEOS Funding Administration LLC now owns 20,547 shares of the financial institution’s inventory price $261,000 after buying a further 4,887 shares over the last quarter. Peapack Gladstone Monetary Corp boosted its place in shares of Huntington Bancshares by 23.7% through the fourth quarter. Peapack Gladstone Monetary Corp now owns 14,377 shares of the financial institution’s inventory valued at $183,000 after shopping for a further 2,758 shares over the last quarter. Belpointe Asset Administration LLC bought a brand new place in Huntington Bancshares through the 4th quarter price $168,000. Lastly, Royal London Asset Administration Ltd. lifted its place in shares of Huntington Bancshares by 2.5% through the fourth quarter. Royal London Asset Administration Ltd. now owns 1,030,291 shares of the financial institution’s inventory valued at $13,105,000 after buying a further 24,802 shares within the final quarter. 80.72% of the inventory is at present owned by institutional buyers.
Wall Avenue Analyst Weigh In
Quite a few brokerages not too long ago weighed in on HBAN. Keefe, Bruyette & Woods reduce their value goal on shares of Huntington Bancshares from $15.00 to $14.50 and set a “market carry out” score on the inventory in a report on Tuesday, July ninth. JPMorgan Chase & Co. dropped their value goal on shares of Huntington Bancshares from $17.00 to $16.50 and set an “obese” score on the inventory in a report on Thursday, June twenty seventh. Citigroup upped their value goal on shares of Huntington Bancshares from $17.00 to $18.00 and gave the corporate a “purchase” score in a analysis be aware on Monday, July twenty second. Robert W. Baird reduce Huntington Bancshares from an “outperform” score to a “impartial” score and set a $15.00 value goal for the corporate. in a analysis report on Friday, July twenty sixth. Lastly, Piper Sandler elevated their value goal on Huntington Bancshares from $11.50 to $13.50 and gave the inventory an “underweight” score in a analysis report on Monday, July twenty second. Two analysts have rated the inventory with a promote score, six have issued a maintain score, eleven have issued a purchase score and one has given a powerful purchase score to the corporate. Based on MarketBeat, the inventory at present has a mean score of “Average Purchase” and a mean goal value of $15.71.
Learn Our Newest Evaluation on Huntington Bancshares
Huntington Bancshares Inventory Efficiency
HBAN inventory traded up $0.45 throughout noon buying and selling on Friday, reaching $14.62. 12,711,631 shares of the corporate’s inventory traded palms, in comparison with its common quantity of 16,302,675. The inventory has a market cap of $21.19 billion, a P/E ratio of 13.17, a PEG ratio of three.07 and a beta of 1.04. The corporate has a present ratio of 0.89, a fast ratio of 0.88 and a debt-to-equity ratio of 0.96. The inventory’s 50-day shifting common is $14.32 and its 200 day shifting common is $13.81. Huntington Bancshares Included has a 52-week low of $9.25 and a 52-week excessive of $15.24.
Huntington Bancshares (NASDAQ:HBAN – Get Free Report) final launched its earnings outcomes on Friday, July nineteenth. The financial institution reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. Huntington Bancshares had a web margin of 14.77% and a return on fairness of 11.34%. The agency had income of $2.97 billion for the quarter, in comparison with the consensus estimate of $1.81 billion. Throughout the identical quarter within the earlier 12 months, the agency earned $0.35 earnings per share. As a bunch, analysts anticipate that Huntington Bancshares Included will publish 1.19 EPS for the present 12 months.
Huntington Bancshares Dividend Announcement
The enterprise additionally not too long ago declared a quarterly dividend, which was paid on Tuesday, October 1st. Buyers of file on Tuesday, September seventeenth have been paid a $0.155 dividend. This represents a $0.62 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend was Tuesday, September seventeenth. Huntington Bancshares’s dividend payout ratio is presently 55.86%.
Insider Exercise at Huntington Bancshares
In different information, VP Brendan A. Lawlor bought 9,050 shares of the inventory in a transaction on Monday, July twenty ninth. The inventory was bought at a mean value of $15.06, for a complete transaction of $136,293.00. Following the completion of the sale, the vice chairman now owns 11,111 shares within the firm, valued at roughly $167,331.66. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible by way of this hyperlink. In different Huntington Bancshares information, CFO Zachary Jacob Wasserman bought 33,000 shares of the inventory in a transaction that occurred on Tuesday, July twenty third. The inventory was bought at a mean value of $15.13, for a complete transaction of $499,290.00. Following the completion of the transaction, the chief monetary officer now owns 265,809 shares of the corporate’s inventory, valued at $4,021,690.17. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is on the market by way of this hyperlink. Additionally, VP Brendan A. Lawlor bought 9,050 shares of the enterprise’s inventory in a transaction on Monday, July twenty ninth. The inventory was bought at a mean value of $15.06, for a complete worth of $136,293.00. Following the transaction, the vice chairman now straight owns 11,111 shares within the firm, valued at $167,331.66. This commerce represents a 0.00 % lower of their place. The disclosure for this sale may be discovered right here. During the last quarter, insiders bought 116,622 shares of firm inventory price $1,762,904. Firm insiders personal 0.89% of the corporate’s inventory.
About Huntington Bancshares
Huntington Bancshares Included operates because the financial institution holding firm for The Huntington Nationwide Financial institution that gives business, shopper, and mortgage banking providers in america. The corporate gives monetary services and products to shopper and enterprise clients, together with deposits, lending, funds, mortgage banking, supplier financing, funding administration, belief, brokerage, insurance coverage, and different monetary services and products.
Learn Extra
Wish to see what different hedge funds are holding HBAN? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Huntington Bancshares Included (NASDAQ:HBAN – Free Report).
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