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Main » Huntington Bancshares (HBAN) Stock Rating Reaffirmed by Vining Sparks

Huntington Bancshares (HBAN) Stock Rating Reaffirmed by Vining Sparks

12 January 2018

The stock has a market capitalization of $15,738.58, a P/E ratio of 18.02, a PEG ratio of 1.66 and a beta of 1.34. Following the transaction, the executive vice president now owns 427,270 shares in the company, valued at approximately $5,930,507.60. On average, equities analysts anticipate that Huntington Bancshares Incorporated will post $0.73 earnings per share for the current fiscal year.

Calpine Corporation (NYSE:CPN)'s latest quote $15.05 $-0.03 -0.2% will find technical support in $15.03 a share and a breakdown below this region would be a significantly bearish signal for Calpine Corporation traders. About 25.77 million shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since January 11, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Merriman Wealth Management Llc decreased General Electric Co (GE) stake by 10.62% reported in 2017Q3 SEC filing. The fund owned 1,888,803 shares of the bank's stock after selling 168,264 shares during the quarter. The institutional investor held 134,260 shares of the telecommunications equipment company at the end of 2017Q3, valued at $5.26M, up from 119,653 at the end of the previous reported quarter. HBAN share have rallied by 2.68% in percentage terms since the start of the year - and added 2.96% in the last month. 11,809,089 shares of the company were exchanged, compared to its average volume of 9,434,488. About 489,331 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since January 9, 2017 and is downtrending. It has outperformed by 24.43% the S&P500.

Ardsley Advisory Partners decreased Shire Plc (NASDAQ:SHPG) stake by 136,500 shares to 13,500 valued at $2.07M in 2017Q3. The Manufacturers Life Insurance Company grew its position in shares of Huntington Bancshares by 20.1% in the second quarter. The direction of this stock is getting Strongest.This is an indicator for investors to know whether the stock is heading towards a Buy or Sell, or whether the Hold is advancing towards a Buy or a Sell. Therefore 34% are positive.

While looking at the Stock's Performance, Huntington Bancshares Incorporated now shows a Weekly Performance of 4.32%, where Monthly Performance is 3.54%, Quarterly performance is 9.96%, 6 Months performance is 11.09% and yearly performance percentage is 14.34%. The stock of NetApp, Inc. KEY is now priced at a -6.24% to its one-year price target of 22.12. The rating was upgraded by Guggenheim to "Buy" on Friday, August 28. Jefferies maintained the shares of HBAN in report on Thursday, June 8 with "Buy" rating. The firm earned "Buy" rating on Tuesday, November 14 by Bank of America. The firm earned "Outperform" rating on Tuesday, December 20 by BMO Capital Markets. Robert W. Baird downgraded NetApp, Inc. The stock has "Neutral" rating by UBS on Thursday, February 11. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. Its the same as in 2017Q2.

Other institutional investors have also recently made changes to their positions in the company. Its up 0.02, from 1.15 in 2017Q2. North Star Investment Management Corporation holds 0% or 100 shares. Fairfield Bush And accumulated 0.44% or 57,615 shares. Milestone Gru stated it has 0.11% in AT&T Inc. Ibm Retirement Fund holds 28,015 shares. (NASDAQ:PEP). Hancock, a Mississippi-based fund reported 4,386 shares. (NASDAQ:NTAP) or 314,990 shares. Moreover, Bowen Hanes And has 0.4% invested in General Electric Company (NYSE:GE) for 351,434 shares. 5,297 are held by Cambridge Investment Incorporated. Utah Retirement Sys owns 197,948 shares or 0.06% of their United States portfolio. Bartlett & Communications Ltd Limited Liability Company holds 0.01% or 13,471 shares. Parkside Retail Bank And Trust has invested 0.68% in Pepsico, Inc. It increased, as 77 investors sold T shares while 609 reduced holdings. Lombard Odier Asset (Europe) Limited reported 16,068 shares. Point72 Asia (Hong Kong) Ltd invested 0.12% of its portfolio in NetApp, Inc. Newman Dignan & Sheerar has invested 1.23% in Pepsico, Inc. STANUTZ NICHOLAS G sold 16,000 shares worth $203,384. REICH JOEL D sold $362,686 worth of stock. The stock was sold at an average price of $13.88, for a total transaction of $603,655.08.

Investors sentiment decreased to 0.96 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It dropped, as 21 investors sold HCLP shares while 30 reduced holdings. 48 funds opened positions while 156 raised stakes.

Altria Group, Inc. (MO) exchanged hands at an unexpectedly low level of 6.05 million shares over the course of the day. Yacktman Asset Mngmt Ltd Partnership holds 8.01 million shares or 8.63% of its portfolio. FBR & Co boosted their target price on shares of Huntington Bancshares to $15.00 in a research report on Wednesday. Apg Asset Management Nv holds 258,500 shares or 0.01% of its portfolio. North Star Asset Mgmt Inc holds 12,656 shares or 0.02% of its portfolio. Schwab Charles Inv Management reported 0.04% stake. Moreover, Nomura Holdings has 0% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 55,394 shares. First Mercantile Tru owns 26,860 shares for 0.07% of their portfolio. 45,782 are owned by Advisory Research. Mitchell Sinkler & Starr Pa stated it has 44,250 shares. New York Reit Ord now has $710.52M valuation. Nelson Roberts Advsr Limited Liability holds 0.01% in Huntington Bancshares Incorporated (NASDAQ:HBAN) or 1,310 shares. Rothschild Asset Mgmt reported 4.13M shares. Cutter & Brokerage Inc invested in 35,370 shares.

Since August 23, 2017, it had 0 buys, and 1 insider sale for $203,384 activity. Finally, Zacks Investment Research raised shares of Huntington Bancshares from a "hold" rating to a "buy" rating and set a $12.00 target price on the stock in a research report on Wednesday, November 2nd.

Shares of Huntington Bancshares (HBAN) traded up $0.28 during trading hours on Friday, hitting $15.23. HBAN's profit will be $281.05 million for 14.61 P/E if the $0.26 EPS becomes a reality.

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