Published: Thu, October 12, 2017
Business | By Max Garcia

Huntington Bancshares Incorporated (NASDAQ:HBAN) Under Analyst Spotlight


Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial services and products. It has a 7.19 P/E ratio. Its segments include Consumer and Business Banking, Commercial Banking, Commercial Real Estate and Vehicle Finance, Regional Banking and The Huntington Private Client Group, Home Lending and Treasury/Other. (CVS) stake by 6.18% reported in 2017Q2 SEC filing. BidaskClub raised Huntington Bancshares from a "sell" rating to a "hold" rating in a research report on Wednesday, July 5th. Tracking most recent quarter period, Price to book (P/B) ration is at 1.59 and Price to cash per share ration is at 9.02. Cvs Health Corp. now has $75.95B valuation. In the past 3-month period alone, shares of HBAN have appreciated - or. For the quarter, shares have been noted at -2.19%. It has underperformed by 41.10% the S&P500. The volume of 0.52 Million shares climbed down over an trading activity of 1.3 Million shares. Shocker? The volume performance for the stock on the day in question is unusually high, especially when matched against average 2.40M.

Investors sentiment decreased to 0.99 in Q2 2017. Its up 0.18, from 0.76 in 2017Q1. It turned negative, as 84 investors sold CVS shares while 559 reduced holdings. 112 funds opened positions while 620 raised stakes. Shares for $88,419 were sold by Remiker Richard on Monday, May 1. Wealthfront invested 0.1% in Procter & Gamble Co (NYSE:PG). Cutter Brokerage stated it has 38,293 shares. Miracle Mile Advsrs invested 0.09% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). 109,675 were reported by Advantus Capital Inc. Following the completion of the transaction, the executive vice president now directly owns 447,722 shares in the company, valued at approximately $5,690,546.62. Captrust Financial Advsr, a North Carolina-based fund reported 1,932 shares. First Quadrant Ltd Partnership Ca holds 140,271 shares. Sterling Global Strategies Ltd Limited Liability Company accumulated 11,247 shares.

Covering sell-side analysts have recently weighed in on shares of Huntington Bancshares Incorporated (NASDAQ:HBAN). Therefore 50% are positive. CVS Health had 42 analyst reports since July 22, 2015 according to SRatingsIntel.

The collective rating of 1.8 for XPO Logistics, Inc. The firm earned "Buy" rating on Thursday, June 8 by Jefferies. The company was maintained on Thursday, September 14 by Piper Jaffray. FBR Capital maintained the shares of MTG in report on Monday, February 13 with "Outperform" rating. Camden Asset LP Ca invested 0.24% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). The rating was downgraded by TheStreet on Tuesday, August 4 to "Hold". The firm earned "Outperform" rating on Tuesday, November 22 by Macquarie Research. The stock recovered 500% since its low point and has performed 421.31% year-to-date.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 19. The stock increased 0.55% or $0.41 during the last trading session, reaching $74.71. PG's profit will be $2.73 billion for 21.50 P/E if the $1.07 EPS becomes a reality.

Since May 1, 2017, it had 2 insider buys, and 3 sales for $247,005 activity. BMO Capital Markets maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Tuesday, October 3. T_FN's profit would be $44.47M giving it 9.05 P/E if the $0.74 EPS is correct. The value of the total investment in Huntington Bancshares Incorpora increased from $4,000 to $6,487,000 increasing 162,075.0% quarter over quarter.

Ratings analysis reveals 50% of Huntington Banc's analysts are positive. Sangamo Therapeutics, Inc. has 2 buy ratings, 2 holds and 0 sells even after the stock tumbled -6.77% from its high of $17.06 to a $1.36 billion market value through last close. It's now trading about -5.16% below its 52-week high. Capital International Inc acquired 86,900 shares as Huntington Bancshares Inc (HBAN)'s stock declined 11.04%. HBAN was included in 6 notes of analysts from September 28, 2016.

Huntington Bancshares Incorporated (NASDAQ:HBAN) stock shows slightly up of 0.18% and traded at a price of $13.93 in preceding trading session. Barclays Capital has "Equal Weight" rating and $14 target.

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