2 weeks Ago By Defense World Staff
DoubleLine ETF Adviser LP reduced its position in Huntington Bancshares Incorporated ( NASDAQ:HBAN – Free Report ) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,019 shares of the bank’s stock after selling 961 shares during the quarter.
DoubleLine ETF Adviser LP’s holdings in Huntington Bancshares were worth $343,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of HBAN. APG Asset Management N.
V. boosted its position in shares of Huntington Bancshares by 180.8% during the 2nd quarter.
APG Asset Management N.V. now owns 161,512 shares of the bank’s stock valued at $1,986,000 after acquiring an additional 104,000 shares in the last quarter.
AQR Capital Management LLC boosted its holdings in Huntington Bancshares by 1.6% during the second quarter. AQR Capital Management LLC now owns 1,558,919 shares of the bank’s stock valued at $20,165,000 after purchasing an additional 24,487 shares in the last quarter.
AXA S.A. boosted its holdings in Huntington Bancshares by 113.
2% during the second quarter. AXA S.A.
now owns 93,089 shares of the bank’s stock valued at $1,227,000 after purchasing an additional 49,425 shares in the last quarter. Abich Financial Wealth Management LLC grew its stake in shares of Huntington Bancshares by 20.1% in the 2nd quarter.
Abich Financial Wealth Management LLC now owns 9,506 shares of the bank’s stock valued at $125,000 after purchasing an additional 1,594 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd.
bought a new position in shares of Huntington Bancshares during the 2nd quarter worth approximately $81,000. Institutional investors and hedge funds own 80.72% of the company’s stock.
Huntington Bancshares Stock Up 1.3 % Shares of NASDAQ:HBAN opened at $14.56 on Friday.
The company has a debt-to-equity ratio of 0.96, a current ratio of 0.89 and a quick ratio of 0.
88. The stock has a market cap of $21.15 billion, a price-to-earnings ratio of 13.
12, a P/E/G ratio of 3.07 and a beta of 1.05.
The company has a 50 day moving average of $14.39 and a 200-day moving average of $13.76.
Huntington Bancshares Incorporated has a one year low of $9.25 and a one year high of $15.24.
Huntington Bancshares Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 17th will be paid a $0.155 dividend.
This represents a $0.62 annualized dividend and a yield of 4.26%.
The ex-dividend date of this dividend is Tuesday, September 17th. Huntington Bancshares’s payout ratio is 55.86%.
Insiders Place Their Bets In other news, insider Kendall A. Kowalski sold 5,747 shares of the company’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $14.
98, for a total value of $86,090.06. Following the completion of the sale, the insider now directly owns 65,899 shares of the company’s stock, valued at approximately $987,167.
02. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . In other Huntington Bancshares news, VP Brendan A.
Lawlor sold 9,050 shares of Huntington Bancshares stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $15.06, for a total transaction of $136,293.
00. Following the transaction, the vice president now directly owns 11,111 shares in the company, valued at $167,331.66.
The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink . Also, insider Kendall A. Kowalski sold 5,747 shares of the stock in a transaction dated Wednesday, July 24th.
The stock was sold at an average price of $14.98, for a total value of $86,090.06.
Following the completion of the sale, the insider now owns 65,899 shares of the company’s stock, valued at $987,167.02. The disclosure for this sale can be found here .
Over the last quarter, insiders have sold 116,622 shares of company stock worth $1,762,904. Insiders own 0.89% of the company’s stock.
Analysts Set New Price Targets A number of brokerages have weighed in on HBAN. Bank of America upped their price target on Huntington Bancshares from $15.00 to $17.
00 and gave the company a “buy” rating in a research report on Monday, July 22nd. Piper Sandler increased their target price on shares of Huntington Bancshares from $11.50 to $13.
50 and gave the stock an “underweight” rating in a research report on Monday, July 22nd. Morgan Stanley boosted their price target on shares of Huntington Bancshares from $16.00 to $18.
00 and gave the company an “overweight” rating in a research report on Monday, August 5th. Jefferies Financial Group dropped their price objective on shares of Huntington Bancshares from $16.00 to $15.
00 and set a “buy” rating for the company in a report on Wednesday, July 3rd. Finally, UBS Group decreased their price target on Huntington Bancshares from $16.00 to $15.
00 and set a “buy” rating on the stock in a research report on Thursday, June 13th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.
com, the company has an average rating of “Moderate Buy” and an average target price of $15.59. View Our Latest Stock Report on HBAN About Huntington Bancshares ( Free Report ) Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.
The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services. Read More Five stocks we like better than Huntington Bancshares Energy and Oil Stocks Explained Rocket Lab Stock Soars: Should Investors Chase the Rally? What Do S&P 500 Stocks Tell Investors About the Market? KB Home Slips After Earnings: What’s Next for Homebuilders? Find and Profitably Trade Stocks at 52-Week Lows Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Want to see what other hedge funds are holding HBAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huntington Bancshares Incorporated ( NASDAQ:HBAN – Free Report ).
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