Economy

Analyst Research and Ratings: The Wendy's Company (WEN), Huntington Bancshares Incorporated (HBAN)

Analyst Research and Ratings: The Wendy's Company (WEN), Huntington Bancshares Incorporated (HBAN)

The value of the total investment in Huntington Bancshares Incorpora went from $0 to $0 a change of nan% since the last quarter. The stock rose 0.55% or $0.07 reaching $12.71 per share.

Returns and Valuations for Prudential Financial, Inc. Checchi Capital Advisers Llc reported 0.02% in Huntington Bancshares Incorporated (NASDAQ:HBAN). It dived, as 59 investors sold PSX shares while 382 reduced holdings. Raymond James Trust N.A. increased its position in shares of Huntington Bancshares by 1.5% in the first quarter. Finally, Creative Planning raised its position in Huntington Bancshares by 5.9% in the first quarter. Suntrust Banks Inc. now owns 84,466 shares of the bank's stock worth $1,130,000 after buying an additional 42,612 shares in the last quarter. According to these analysts, the Low Revenue Estimate for Huntington Bancshares Incorporated is 1.08 Billion and the High Revenue Estimate is 1.12 Billion. Chevy Chase Trust Holdings Inc. increased its position in shares of Huntington Bancshares by 1.3% in the first quarter.

Allstate Corp decreased Leggett & Platt Inc (NYSE:LEG) stake by 67,768 shares to 39,422 valued at $1.93M in 2016Q4. Institutional investors and hedge funds own 74.54% of the company's stock.

Brokerage houses, on average, are recommending investors to hold Huntington Bancshares Incorporated (HBAN)'s shares projecting a $14.79 target price. It is trading at $25.97 barely above the 50 day moving average of $25.18 and which is just over the 200 day moving average of $25.23.

Huntington Bancshares Incorporated (HBAN) has a market capitalization of 14.17 Billion which suggests the company is a huge company further suggesting that the shares of Huntington Bancshares Incorporated (HBAN) are stable and safe compared to the lower market capitalization companies. Wedge Capital Management L L P NC boosted its position in shares of Huntington Bancshares by 8.7% in the second quarter. The bank reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.03. Huntington Bancshares Incorporated P/E (price to earnings) ratio is 18.26 and Forward P/E ratio of 11.89. Volume on the day was 6.58 million shares. Boys Arnold Com has 0.06% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 25,850 shares. Shareholders of record on Monday, September 18th will be paid a dividend of $0.08 per share. The ex-dividend date has been established as Wednesday the 28th of June 2017. This represents a $0.32 annualized dividend and a yield of 2.52%. Huntington Bancshares's payout ratio is now 46.38%. The latest exchange of 8.86 Million shares is below its average trading activity of 9.14 Million shares. This buyback authorization authorizes the bank to buy up to 2.2% of its stock through open market purchases. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock.

More news: US Cracks Down On Chinese, Russian Firms Supporting The Kim Regime
More news: What Is Insider Trading Activity Like At Brookdale Senior Living Inc. (BKD)?
More news: US Seeks to Seize Millions in North Korean Sanctions Case

During the latest trading session Mondelez International, Inc. If you are viewing this report on another domain, it was stolen and reposted in violation of United States & global trademark and copyright law. Oakbrook Investments Limited Liability Com has 0.09% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN).

Several equities research analysts have commented on HBAN shares.

12/15/2016 - Huntington Bancshares Incorporated had its "buy" rating reiterated by analysts at RBC Capital. BMO Capital Markets reissued a "buy" rating and issued a $16.00 price objective on shares of Huntington Bancshares in a research note on Friday, April 28th. Hilliard Lyons raised shares of Huntington Bancshares from a "neutral" rating to a "buy" rating and raised their target price for the company from $14.00 to $15.00 in a research note on Monday, July 24th. Morgan Stanley dropped their price target on Huntington Bancshares from $14.00 to $13.75 and set an "equal weight" rating on the stock in a report on Tuesday, June 6th. Finally, Royal Bank Of Canada restated a "buy" rating and issued a $16.00 target price on shares of Huntington Bancshares in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company's stock. Huntington Bancshares now has a consensus rating of "Buy" and a consensus price target of $14.96. The shares were acquired at an average cost of $13.10 per share, with a total value of $32,095.00. Following the completion of the acquisition, the director now owns 184,596 shares of the company's stock, valued at approximately $2,418,207.60. Engineers Gate Manager Limited Partnership accumulated 80,494 shares or 0.11% of the stock.

Now the shares of Huntington Bancshares Incorporated (HBAN) has the trading volume of 8.86 Million shares with the average trading volume of 6350 shares.


  • Strong growth prospects in the future For Comcast Corporation (CMCSA)

    The cable giant reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. Pacific Alternative Asset Limited Liability Company invested 1.02% of its portfolio in Comcast Corporation (NASDAQ: CMCSA ).

    Analysts Recommended this Stock: American Electric Power Co., Inc. (AEP)

    Snow Capital Management Lp increased American Equity Investment Lif (AEL) stake by 26.6% reported in 2016Q4 SEC filing. The stock of Dominion Energy Inc (NYSE:D) has "Overweight" rating given on Friday, March 18 by Barclays Capital.
    Daniel Sturridge fit and could feature for Liverpool against Crystal Palace

    Daniel Sturridge fit and could feature for Liverpool against Crystal Palace

    Both teams have found the back of the net in each of the last 10 meetings in all competitions, averaging 3.9 goals per game. Sturridge will bolster Liverpool's forward options, but whether he's sharp enough to start remains to be seen.
  • Fans move John Cena to tears with surprise video

    Fans move John Cena to tears with surprise video

    The heart of the clip is in the story of a young boy named Tyler Scheer, whose mother was diagnosed with breast cancer. She says she's been waiting for this match for a long time and as much as she respects Naomi , her time is over.
    Euro US Dollar (EUR USD) Slides Ahead of Jackson Hole

    Euro US Dollar (EUR USD) Slides Ahead of Jackson Hole

    The Australian dollar inched up 0.1 percent to $0.7944 for its third straight session of gains, though activity was subdued. USA crude futures fell to $47.87 per barrel, while Brent futures slipped to $51.88 per barrel, helping drag stock prices.
    Powerball jackpot continues to grow

    Powerball jackpot continues to grow

    The highest-ever Powerball jackpot was almost $1.6 billion in a January 2016 draw, which was split between three winning tickets. Install our official mobile app, like us on Facebook and follow us on Instagram and Twitter @PALottery.
  • Attorneys Fight To Stop Missouri Execution

    Attorneys Fight To Stop Missouri Execution

    Williams II says he's never doubted his father's innocence and credited him with being a strong influence in his life. Now it is up to the US Supreme Court to decide whether or not to stall the lethal injection, or allow it to proceed.
    South Korea and USA  troops start drills amid Pyongyang nuclear war threat

    South Korea and USA troops start drills amid Pyongyang nuclear war threat

    Residents of a coastal town held evacuation drills Saturday to prepare for any launch of North Korean missiles toward the U.S. The two sides have been enemies ever since the 1950-3 Korean War ended with an armistice - no peace treaty was ever signed.

    Man killed in Madras plane crash identified

    The aircraft exploded in a ball of fire, killing the pilot and starting a small brushfire that firefighters quickly extinguished. A pilot was injured after a banner plane made a hard landing in Middle Township, Cape May County, New Jersey Sunday afternoon.
  • Toll Brothers Inc (TOL) Stock Falls Despite Earnings Beat

    Toll Brothers Inc (TOL) Stock Falls Despite Earnings Beat

    Janney Montgomery Scott LLC acquired a new stake in shares of Toll Brothers during the first quarter valued at about $619,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link .
    EU Calls for Calm after Macedonia, Serbia Diplomatic Incident

    EU Calls for Calm after Macedonia, Serbia Diplomatic Incident

    Macedonian Prime Minister Zoran Zaev's coalition government took power in May, nearly six months after general elections. The party placed first in the election, but without winning a governing majority.
    PM of Nepal Sher Bahadur Deuba expands his cabinet second time

    PM of Nepal Sher Bahadur Deuba expands his cabinet second time

    In 1996, Deuba, who has become the prime minister of the Himalayan country for the fourth time, chaired a 48-member Cabinet.