Huntington Bancshares Incorporated (NASDAQ:HBAN) Needle Ticks -1.82% For the Week

Cornelia Mascio
Dicembre 16, 2017

I-G Investment Management Ltd bought 286,600 shares as the company's stock declined 11.04% while stock markets rallied. Loews Corp who had been investing in Lkq Corp for a number of months, seems to be bullish on the $12.21B market cap company. The stock increased 2.07% or $3.22 during the last trading session, reaching $159.06. About 7.42 million shares traded or 74.69% up from the average. It has underperformed by 48.20% the S&P500.

In recent action, Huntington Bancshares Incorporated (HBAN) has made a move of +6.88% over the past month, which has come on weak relative transaction volume. Over the past full-year, shares have performed 11.35%. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02). White Elm Capital Llc who had been investing in Huntington Bancshares Inc for a number of months, seems to be bullish on the $15.76 billion market cap company. Huntington Bancshares Incorporated's beta is 1.33 whilst the stock has an average true range (ATR) of 0.32. The institutional investor held 1.55M shares of the major banks company at the end of 2017Q2, valued at $20.94M, up from 1.26 million at the end of the previous reported quarter.

Huntington Bancshares Incorporated NASDAQ exhibits a P/E ratio of 17.59 with a forward P/E of 13.61. It has outperformed by 6.29% the S&P500.

Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) opened at $14.58 on Friday. Therefore 54% are positive. The ROA for Huntington Bancshares Incorporated tells us exactly what earnings were generated from the invested capital. Robert W. Baird upgraded Huntington Bancshares Incorporated (NASDAQ:HBAN) on Wednesday, January 27 to "Outperform" rating. The firm has "Hold" rating given on Thursday, October 12 by Keefe Bruyette & Woods. RBC Capital Markets maintained it with "Hold" rating and $4800 target in Monday, July 10 report. The company was maintained on Friday, October 20 by Jefferies.

Let's take a look at how the stock has been performing recently. The firm earned "Outperform" rating on Wednesday, November 30 by Wedbush. Jefferies maintained it with "Buy" rating and $16.0 target in Friday, October 20 report. Prudential reported 0.03% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Royal Bank of Canada reaffirmed a "buy" rating and issued a $16.00 price objective on shares of Huntington Bancshares in a research note on Friday, September 8th. However its weekly volatility is 0.73% and monthly volatility is 1.10%. It fall, as 43 investors sold HBAN shares while 180 reduced holdings. (NASDAQ:SIGI) to report earnings on February, 1. Sumitomo Mitsui Incorporated owns 3.16 million shares. Loeb Ptnrs Corp owns 7,000 shares. 688 were reported by Pittenger & Anderson Inc. In contrast, the average volume was 8.46 million shares. Conning Incorporated reported 0.01% stake. State Street Corp invested in 0.07% or 58.14 million shares. At the time of writing, Shares the company recently traded 21.99% away 52-week low and noted price movement -0.80% away from the 52-week high level.

Several research firms have issued reports on HBAN. 1,497 are held by Johnson Fincl Grp. 365,824 are owned by Beese Fulmer Mgmt Inc. Meiji Yasuda Asset Management Co Ltd. raised its stake in Huntington Bancshares by 153.2% in the third quarter.

Diligent Investors Llc holds 1.12% of its portfolio in PS Business Parks, Inc. for 11,898 shares. (NASDAQ:SIGI). Whittier Tru stated it has 2,500 shares or 0% of all its holdings.

White Elm Capital Llc, which manages about $1.86 billion and $526.12M US Long portfolio, decreased its stake in Veeva Sys Inc (NYSE:VEEV) by 99,400 shares to 250,000 shares, valued at $15.33M in 2017Q2, according to the filing.

Since August 23, 2017, it had 0 buys, and 1 sale for $203,384 activity.

Investors sentiment increased to 1.3 in Q2 2017. Its down 0.02, from 1.03 in 2017Q1. 53 funds opened positions while 163 raised stakes. Morgan Stanley accumulated 0.04% or 839,895 shares. Nuveen Asset Management Limited Liability Co has invested 0% in LKQ Corporation (NASDAQ:LKQ). 16,244 are held by Shelton. Tompkins Financial reported 880 shares stake. Prudential Financial reported 141,434 shares. Cibc Asset Mgmt has 4,432 shares. Scotia Capital holds 0.01% or 13,741 shares in its portfolio. Pggm Invs holds 0.04% of its portfolio in LKQ Corporation (NASDAQ:LKQ) for 220,149 shares.

Alliancebernstein Lp, which manages about $129.29 billion US Long portfolio, upped its stake in First Hawaiian Inc by 12,833 shares to 28,474 shares, valued at $872,000 in 2017Q2, according to the filing. It also reduced its holding in Invesco Quality Muni Inc Trs (IQI) by 48,569 shares in the quarter, leaving it with 99,857 shares, and cut its stake in Teleflex Inc (Prn).

On a similar note, analysts expect EPS of $0.76 in December 2017 quarter and $0.9 in March 2018 quarter, representing 61.7% and 66.67% growth, respectively. The shares now trade at $56.01 and have been able to report a change of 2.26% over the past one week. The insider CASINI VICTOR M sold 25,000 shares worth $920,500.

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