Huntington Bancshares Incorporated (NASDAQ:HBAN) Shares Sold by American Century Companies Inc.

American Century Companies Inc. cut its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN – Free Report) by 46.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.

The firm owned 808,333 shares of the bank’s stock after selling 691,253 shares during the period. American Century Companies Inc. owned approximately 0.



06% of Huntington Bancshares worth $13,152,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently modified their holdings of the company. Arvest Bank Trust Division purchased a new stake in shares of Huntington Bancshares in the third quarter valued at approximately $2,381,000.

Mediolanum International Funds Ltd purchased a new stake in Huntington Bancshares in the 4th quarter worth $422,000. Donoghue Forlines LLC acquired a new position in Huntington Bancshares during the fourth quarter worth $1,460,000. Franklin Resources Inc.

lifted its holdings in Huntington Bancshares by 3.2% during the third quarter. Franklin Resources Inc.

now owns 1,797,771 shares of the bank’s stock valued at $27,901,000 after purchasing an additional 55,602 shares in the last quarter. Finally, Czech National Bank grew its position in shares of Huntington Bancshares by 6.5% in the fourth quarter.

Czech National Bank now owns 314,999 shares of the bank’s stock valued at $5,125,000 after purchasing an additional 19,123 shares during the period. Hedge funds and other institutional investors own 80.72% of the company’s stock.

Insider ActivityIn other news, CFO Zachary Jacob Wasserman sold 38,451 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $14.38, for a total transaction of $552,925.

38. Following the completion of the transaction, the chief financial officer now directly owns 335,538 shares of the company’s stock, valued at approximately $4,825,036.44.

The trade was a 10.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Also, VP Scott D. Kleinman sold 69,088 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $14.

67, for a total transaction of $1,013,520.96. Following the completion of the sale, the vice president now directly owns 453,129 shares in the company, valued at approximately $6,647,402.

43. This trade represents a 13.23 % decrease in their position.

The disclosure for this sale can be found here. Over the last quarter, insiders sold 111,781 shares of company stock valued at $1,631,151. 0.

89% of the stock is currently owned by company insiders. Analysts Set New Price TargetsA number of research analysts recently weighed in on the stock. JPMorgan Chase & Co.

reaffirmed an “overweight” rating and issued a $20.00 price target (up from $18.50) on shares of Huntington Bancshares in a research note on Wednesday, December 4th.

Baird R W upgraded Huntington Bancshares from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. Stephens reissued an “equal weight” rating and issued a $18.50 price objective on shares of Huntington Bancshares in a research note on Friday, February 7th.

Citigroup decreased their price objective on Huntington Bancshares from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, March 24th.

Finally, Robert W. Baird raised shares of Huntington Bancshares from a “neutral” rating to an “outperform” rating and set a $18.00 target price for the company in a report on Friday, March 7th.

One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Huntington Bancshares has an average rating of “Moderate Buy” and a consensus price target of $18.

18.View Our Latest Report on HBANHuntington Bancshares Price PerformanceHuntington Bancshares stock opened at $14.95 on Wednesday.

The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.88 and a current ratio of 0.

89. The company has a market capitalization of $21.84 billion, a price-to-earnings ratio of 12.

15, a price-to-earnings-growth ratio of 1.33 and a beta of 1.07.

The company’s 50 day simple moving average is $15.99 and its 200-day simple moving average is $16.17.

Huntington Bancshares Incorporated has a 1 year low of $12.05 and a 1 year high of $18.45.

Huntington Bancshares (NASDAQ:HBAN – Get Free Report) last released its quarterly earnings results on Friday, January 17th. The bank reported $0.34 EPS for the quarter, topping the consensus estimate of $0.

31 by $0.03. Huntington Bancshares had a return on equity of 11.

23% and a net margin of 16.23%. During the same quarter last year, the company earned $0.

27 earnings per share. As a group, equities research analysts expect that Huntington Bancshares Incorporated will post 1.39 earnings per share for the current year.

Huntington Bancshares Dividend AnnouncementThe firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th were paid a dividend of $0.155 per share.

The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.62 dividend on an annualized basis and a yield of 4.

15%. Huntington Bancshares’s dividend payout ratio (DPR) is presently 50.41%.

Huntington Bancshares Profile (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.Further ReadingFive stocks we like better than Huntington BancsharesHow to Find Undervalued StocksD-Wave: Multiple Use Cases Emerge Following Quantum SupremacyHow to Know Which Cryptocurrency to Buy: A Guide for InvestorsAmazon Falls Back to a Key Support Line: Here’s How to Play ItHigh Flyers: 3 Natural Gas Stocks for March 2022Buffett Trims Equities, But Still Keeps Buying This Stock 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)..