Insider Change: Helga Houston Insider Trade for 8,378 Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN)

November 30, 2016 - By Marguerite Chambers

Insider Change: Helga Houston Insider Trade for 8,378 Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN)

Helga Houston Insider Sell

Helga Houston; that is an insider in Huntington Bancshares Incmd who is the last to unload shares in the corporation for which she is for the time being a Senior Exec. V. P. Helga in the last few days unloaded 8,378 shares of the company, valued by the market at roughly $103,324 U.S Dollars, that is a price-per-share of close to $12.3. The probability of this stocks unloading staying hidden is extremely low, with the Senior Exec. V. P. presently owning 312,589 shares — that is 0.03% of the total market cap of Huntington Bancshares Incmd.

Huntington Bancshares Incorporated (NASDAQ:HBAN) Ratings Coverage

Out of 20 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 7 rate it a “Buy”, 0 “Sell”, while 13 “Hold”. This means 35% are positive. $13 is the highest target while $9.50 is the lowest. The $11.28 average target is -10.12% below today’s ($12.55) stock price. Huntington Bancshares Incorporated has been the topic of 38 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Thursday, May 26 by Robert W. Baird. On Wednesday, September 28 the stock rating was upgraded by Deutsche Bank to “Buy”. As per Wednesday, April 6, the company rating was upgraded by Sterne Agee CRT. The company was downgraded on Thursday, April 21 by Evercore. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) has “Market Perform” rating given on Thursday, April 21 by Bernstein. As per Thursday, October 27, the company rating was maintained by Wedbush. The rating was upgraded by FBR Capital to “Outperform” on Monday, July 11. The company was upgraded on Tuesday, November 22 by Macquarie Research. Robert W. Baird upgraded the stock to “Outperform” rating in Wednesday, January 27 report. Guggenheim upgraded the stock to “Buy” rating in Friday, August 28 report.

Insitutional Activity: The institutional sentiment increased to 2.19 in 2016 Q2. Its up 0.94, from 1.25 in 2016Q1. The ratio increased, as 26 funds sold all Huntington Bancshares Incorporated shares owned while 148 reduced positions. 61 funds bought stakes while 157 increased positions. They now own 597.98 million shares or 0.59% less from 601.54 million shares in 2016Q1.

Kcg Holdings Incorporated reported 459,181 shares or 0.09% of all its holdings. Nicholas Co Inc Wi has 0.09% invested in the company for 488,450 shares. Pinebridge Invs Lp last reported 1.07M shares in the company. Windsor Cap Lc reported 48,236 shares or 0.25% of all its holdings. The California-based California Pub Employees Retirement Systems has invested 0.03% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Johnson Inv Counsel last reported 55,738 shares in the company. Arizona State Retirement Systems accumulated 0.02% or 195,966 shares. Envestnet Asset Mgmt holds 0.01% or 200,037 shares in its portfolio. Firstmerit Bank N A Trustee has invested 0.06% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Alliancebernstein Limited Partnership reported 8.63 million shares or 0.07% of all its holdings. Ridgeworth Cap Mngmt Llc reported 1,180 shares or 0% of all its holdings. Brandywine Glob Management Ltd last reported 747,837 shares in the company. Commerzbank Aktiengesellschaft Fi owns 787,020 shares or 0.05% of their US portfolio. Pdt Prtn Ltd Company holds 1.04% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 1.47M shares. Gateway Investment Advisers Ltd Llc owns 89,894 shares or 0.01% of their US portfolio.

Insider Transactions: Since August 22, 2016, the stock had 0 insider buys, and 5 sales for $1.44 million net activity. $106,161 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) shares were sold by Anderson David S.. Pierce Sandra E. also sold $615,895 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) on Friday, November 11. The insider STANUTZ NICHOLAS G sold $340,819.

About 3.56M shares traded hands. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 19.57% since April 27, 2016 and is uptrending. It has outperformed by 14.34% the S&P500.

Huntington Bancshares Incorporated is a diversified regional bank holding company. The company has a market cap of $13.63 billion. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank , the Company is engaged in providing commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial services and products. It has a 17.49 P/E ratio. It operates through five divisions: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending.

According to Zacks Investment Research, “Huntington Bancshares is a multi-state bank holding company. Its subsidiaries conduct a full-service commercial and consumer banking business, engage in mortgage banking, lease financing, trust services, discount brokerage services, underwriting credit life and disability insurance, selling other insurance products, and issuing commercial paper guaranteed by Huntington, and providing other financial products and services.”

Analysts await Huntington Bancshares Incorporated (NASDAQ:HBAN) to report earnings on January, 19. They expect $0.22 earnings per share, 0.00% or $0.00 from last year’s $0.22 per share. HBAN’s profit will be $239.12M for 14.25 P/E if the $0.22 EPS becomes a reality. After $0.22 actual earnings per share reported by Huntington Bancshares Incorporated for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Another recent and important Huntington Bancshares Incorporated (NASDAQ:HBAN) news was published by Seekingalpha.com which published an article titled: “Huntington Bancshares: Are We Back?” on November 22, 2016.

HBAN Company Profile

Huntington Bancshares Incorporated, incorporated on April 14, 1966, is a diversified regional bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company is engaged in providing commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial services and products. It operates through five divisions: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending. The Firm offers commercial and industrial loans, commercial real estate loans, automobile loans, home equity loans, residential mortgage loans and other consumer loans. The Firm offers demand deposits-noninterest-bearing, demand deposits-interest-bearing, money market deposits, savings and other domestic deposits, core certificates of deposit, other domestic time deposits of $250,000 or more, and brokered time deposits and negotiable certificate of deposits (CDs). The Company’s total loans and leases are approximately $50.3 billion and total deposits are approximately $55.2 billion.

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