Published: Sat, October 21, 2017
Business | By Max Garcia

Huntington Bancshares Incorporated (NASDAQ:HBAN) Quarterly Analytical Analysis


Brandywine Global Investment Management Llc acquired 6,475 shares as Carnival Corp (CCL)'s stock rose 11.01%. Toronto Dominion Bank now owns 369,480 shares of the bank's stock valued at $4,994,000 after buying an additional 74,932 shares in the last quarter. Carnival Corp now has $47.33B valuation. Stock buyback plans are often an indication that the company's management believes its shares are undervalued. About 2.90 million shares traded. TravelCenters of America LLC (NYSE:TA) has declined 41.04% since October 20, 2016 and is downtrending. It has outperformed by 54.83% the S&P500. Huntington Bancshares's payout ratio is 46.38%. The Semper Augustus Investments Group Llc holds 15,136 shares with $934,000 value, up from 7,568 last quarter. The market portfolio of all investable assets has a beta of exactly 1.

The company surged 0.22% and closed its last trading session at $13.95. About 3.72 million shares traded. It has outperformed by 6.29% the S&P500. One analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the stock. Therefore 67% are positive. As per Thursday, May 26, the company rating was maintained by Morgan Stanley. The stock of Verastem Inc (NASDAQ:VSTM) earned "Buy" rating by H.C. Wainwright on Thursday, September 17. The score helps determine if a company's stock is valuable or not. Aegis Capital initiated the stock with "Buy" rating in Monday, June 26 report. The firm earned "Neutral" rating on Thursday, August 20 by Sterne Agee CRT. The firm earned "Outperform" rating on Thursday, September 14 by Bernstein. The rating was upgraded by Zacks to "Sell" on Friday, August 14. The stock now has an average rating of "Buy" and an average target price of $15.06. When analyzing small corporations as possible investments, always it's good to learn who else owns shares. Berkshire Hathaway Inc Del (BRKB) was reduced too. The firm has a Return on Assets (ROA) value of -1.70%. On Friday, June 9 BOBINS NORMAN sold $1.78 million worth of PrivateBancorp Inc (NASDAQ:PVTB) or 29,383 shares.

Investors sentiment decreased to 0.63 in 2017 Q2. Its up 0.07, from 1.1 in 2017Q1. It dived, as 43 investors sold HBAN shares while 180 reduced holdings. Wealthfront Incorporated has invested 0.01% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Illinois-based Northern Trust has invested 0.04% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Quantbot Technology Lp invested 0.14% in DST Systems, Inc. United Service Automobile Association stated it has 341,201 shares. Woodmont Inv Counsel Lc reported 0.53% in Occidental Petroleum Corporation (NYSE:OXY). Ellington Mgmt Grp Limited Liability Corporation invested in 50,800 shares or 0.1% of the stock. The stock now has Monthly Volatility of 4.47% and Weekly Volatility of 4.46%. Winch Advisory Limited Liability, a Wisconsin-based fund reported 88,789 shares. First Citizens Commercial Bank & Tru Comm has 64,851 shares for 0.55% of their portfolio. Following the completion of the acquisition, the director now owns 184,596 shares in the company, valued at $2,418,207.60. 1,217,558 shares of the company traded hands.

Investors sentiment decreased to 0.99 in 2017 Q2. Its down 1.31, from 1.31 in 2017Q1.

Several hedge funds have recently bought and sold shares of the company. 59 funds opened positions while 162 raised stakes. 795.73 million shares or 1.70% less from 809.49 million shares in 2017Q1 were reported. Kistler has 505 shares for 0.01% of their portfolio. Carnegie Asset Mngmt Ltd Company invested 0.17% in Huntington Bancshares Incorporated (NASDAQ:HBAN). 57,604 are held by Bahl And Gaynor. Peak6 Investments Lp reported 3,780 shares or 0% of all its holdings.

Huntington Bancshares Incorporated (NASDAQ:HBAN) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Wells Fargo & Co Mn owns 20,950 shares. (NYSE:DST). Natixis accumulated 4,120 shares. Sterling Capital Mgmt Limited Co accumulated 95,640 shares.

Further, we can see that Huntington Bancshares Incorporated (NasdaqGS:HBAN) has a Shareholder Yield of -0.337938 and a Shareholder Yield (Mebane Faber) of -0.17629. Volume was down 91.15% under the stocks average daily volume. California Pub Employees Retirement stated it has 3.07 million shares or 0.07% of all its holdings. Federated Invsts Inc Pa owns 1,293 shares.

Toronto Dominion Bank grew its position in Huntington Bancshares Incorporated (NASDAQ:HBAN) by 25.4% in the second quarter, according to the company in its most recent disclosure with the SEC. Insider ownership during the latest quarter decreased by a net of 54932 shares, indicating that HBAN's key executives are feeling more bearish about the stock than they did three months ago. Its quick ratio for most recent quarter is 0.90. On average, equities analysts forecast that Huntington Bancshares will post $0.92 EPS for the current fiscal year. Therefore 24% are positive. Huntington Bancshares Incorporated had 62 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Wednesday, January 27 by Macquarie Research. The rating was maintained by BMO Capital Markets on Friday, May 5 with "Hold". (NASDAQ:HBAN) opened at 11.93 on Thursday. As per Wednesday, April 6, the company rating was upgraded by Sterne Agee CRT. Oppenheimer maintained the shares of VSTM in report on Friday, June 16 with "Buy" rating. The firm has "Outperform" rating by Macquarie Research given on Tuesday, November 22.

Since May 1, 2017, it had 2 buys, and 3 selling transactions for $247,005 activity. With 493,700 avg volume, 3 days are for Verastem Incorporated (NASDAQ:VSTM)'s short sellers to cover VSTM's short positions. $461,912 worth of stock was sold by Heller Paul G on Tuesday, May 9. The insider Harmening Andrew J bought $200,131.

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