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.

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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.


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