Huntington Bancshares Incorporated (NASDAQ:HBAN) Shooting Higher to New Recent High

The stock increased 0.57% or $0.09 during the last trading session, reaching $15.94. Wells Fargo & Company MN now owns 7,422,603 shares of the bank's stock worth $100,354,000 after acquiring an additional 724,176 shares in the last quarter. It has underperformed by 2.51% the S&P500. $136.70's average target is -24.43% below currents $180.89 stock price. The bank reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.02). The stock has moved 5.81% over the last 5 sessions.Since the start of the calendar year, Huntington Bancshares Incorporated (NASDAQ:HBAN)'s stock has changed 8.86%.

Shares of Huntington Bancshares (NASDAQ:HBAN) opened at 13.32 on Tuesday. It has outperformed by 45.93% the S&P500.

This represents a decrease of -26% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. Its up 0.02, from 0.94 in 2017Q2.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HBAN. Verition Fund Ltd Liability reported 0.03% in AMC Entertainment Holdings, Inc. Franklin Inc accumulated 0.01% or 1.87M shares. Rothschild Asset accumulated 0.12% or 758,552 shares.

In other Huntington Bancshares news, insider Helga Houston sold 14,513 shares of the company's stock in a transaction dated Thursday, November 2nd. The company was initiated on Wednesday, January 4 by Piper Jaffray. Janney Montgomery Scott Ltd accumulated 433,011 shares or 0.07% of the stock. Focused Wealth holds 0% or 457 shares in its portfolio. Texas-based Cullen Frost Bankers has invested 0.1% in Lockheed Martin Corporation (NYSE:LMT). Ruggie Grp invested 0% in Huntington Bancshares Incorporated (NASDAQ:HBAN). The company's institutional ownership is monitored at 81.1 percent. ClariVest Asset Management LLC now owns 11,200 shares of the bank's stock valued at $156,000 after acquiring an additional 3,900 shares during the last quarter. Legal And General Group Inc Public Limited Co holds 0% of its portfolio in AMC Entertainment Holdings, Inc. Peapack Gladstone Fincl invested in 5,424 shares. It also increased its holding in Facebook Inc Com (NASDAQ:FB) by 3,585 shares in the quarter, for a total of 26,591 shares, and has risen its stake in Bp Plc Spons Adr (NYSE:BP). The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) has "Buy" rating given on Monday, April 3 by Jefferies. Therefore 59% are positive. UGI Corp had 13 analyst reports since August 5, 2015 according to SRatingsIntel. It seems that State Street Corporation (NYSE:STT) might see muted action given an ABR of 2.2 or Hold rating. Also, EVP Daniel J. Neumeyer sold 43,491 shares of the firm's stock in a transaction dated Tuesday, October 31st. As per Thursday, September 7, the company rating was maintained by RBC Capital Markets. The stock has "Outperform" rating by Macquarie Research on Tuesday, December 19. (NYSE:PFE) for 18,583 shares. The firm has "Underperform" rating given on Tuesday, July 18 by Credit Suisse.

Analysts await United Rentals, Inc. (NASDAQ:TMUS) to report earnings on February, 13. They expect $0.26 EPS, up 8.33% or $0.02 from last year's $0.24 per share. TMUS's profit will be $274.55 million for 48.24 P/E if the $0.33 EPS becomes a reality. Vanguard Group Inc. raised its position in Huntington Bancshares by 2.4% during the second quarter.


White Elm Capital Llc, which manages about $1.86B and $505.34 million US Long portfolio, decreased its stake in Paypal Hldgs Inc by 66,000 shares to 242,500 shares, valued at $15.53 million in 2017Q3, according to the filing. Srb reported 14,336 shares or 0.03% of all its holdings.

Investors sentiment decreased to 1.32 in 2017 Q3.

Since August 1, 2017, it had 0 insider buys, and 8 sales for $11.05 million activity. It increased, as 33 investors sold UGI shares while 115 reduced holdings. 67 funds opened positions while 169 raised stakes. This nets out to an increase of 9.26 million shares and is a bullish sign for HBAN. South Texas Money Management holds 1.1% or 375,992 shares in its portfolio. Cambridge Inv Research holds 0.02% or 122,099 shares. (NASDAQ:TMUS) or 365 shares. 87,316 are held by Suntrust Banks Inc. Carnegie Capital Asset Mgmt Ltd Company holds 106,020 shares. (NASDAQ:TMUS) for 5,980 shares. Veritable Limited Partnership reported 0.01% stake. Mutual Of America Capital Mgmt Ltd Company owns 53,093 shares for 0.14% of their portfolio. Gsa Capital Prns Llp stated it has 58,055 shares. Moreover, California Pub Employees Retirement Sys has 0.07% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN). The Texas-based American National Bank has invested 0.07% in the stock. Plante Moran Financial Advisors Ltd Liability Corp, Michigan-based fund reported 35 shares. X Management Com Limited Liability owns 0.02% invested in United Rentals, Inc. The rating was upgraded by Guggenheim on Friday, August 28 to "Buy". Therefore 24% are positive. Keefe, Bruyette & Woods reiterated a "hold" rating and issued a $14.25 price target on shares of Huntington Bancshares in a report on Friday, October 13th. The firm has "Buy" rating given on Wednesday, October 11 by KeyBanc Capital Markets.

Since August 1, 2017, it had 0 buys, and 15 selling transactions for $16.19 million activity. Citigroup maintained UGI Corporation (NYSE:UGI) on Wednesday, May 4 with "Neutral" rating. Hightower Advsrs Limited Liability has 0.03% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN). The stock has "Buy" rating by Canaccord Genuity on Friday, July 31. Six equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Barclays Capital downgraded it to "Underweight" rating and $42 target in Monday, June 20 report.

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