Huntington Bancshares Incorporated (HBAN)Active Stock Price stands 3.26% away from 20 SMA

Jefferies Group analyst K. Usdin now forecasts that the bank will earn $0.25 per share for the quarter, up from their previous forecast of $0.24. On Thursday, May 18 STEINOUR STEPHEN D bought $619,808 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) or 50,000 shares. RBC Capital Markets maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) on Thursday, July 27 with "Buy" rating. The bank reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.03. The company has its outstanding shares of 1.09B. At the moment, the 14-days ATR for Huntington Bancshares Incorporated (NASDAQ: HBAN) is noted at 0.25. If you are reading this article on another domain, it was stolen and reposted in violation of United States and worldwide trademark & copyright laws.

This stock is ahead of its 52-week low with 45.25%.

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A number of other brokerages have also weighed in on HBAN. Wedbush maintained the shares of HBAN in report on Wednesday, November 30 with "Outperform" rating. Rockefeller Fincl Service owns 1.56M shares for 2.49% of their portfolio. Also, it has an estimated price-earnings (P/E) multiple of 12.79 and a trailing 12-month price-earnings (P/E) multiple of 19.63. Given the current horizontal trend you can expect Huntington Bancshares Incorporated with 90% probability for the price to range between $12.16 and $14.02 in this timeframe. (PBCT)'s shares projecting a $18.14 target price.

Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (NYSE:NLY). At the time of writing, the First Call consensus price target for the company is $11.17. Minnesota-based Ameriprise has invested 0.01% in Huntington Bancshares Incorporated (NASDAQ:HBAN).

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Whereas, in last 21 trading days (one month) was surged -20.31% and reduced in last 63 trading days (quarter) of -26.66%. The most recent open market insider trade was Automatic Sell of 1,332 shares on a day where the closing price was 23.3.

Analyzing the technical facts of Huntington Bancshares Incorporated (HBAN), its current distance from 20-Day Simple Moving Average is 3.26% and standing 5.98% away from 50-Day Simple Moving Average while traded up 4.40% from 200-Day Simple Moving Average. The company has market cap of 52.64 billion GBP. The lowest target is $11.5 while the high is $14.0. During the last month, the stock has changed -4.86% and performed 12.62% over the last 6 months. About 3.57M shares traded. FBR Capital downgraded the shares of HBAN in report on Tuesday, October 11 to "Mkt Perform" rating. However, one should note that some stocks may go long and hard while being overbought. Capital International Investors boosted its stake in Huntington Bancshares by 22.6% in the 2nd quarter. The stock has seen its SMA50 which is now 8.99%. Regis Management Limited Liability Company has 5,940 shares. Moreover, Macnealy Hoover Investment Management Inc has 3.06% invested in the company for 297,528 shares.

In related news, EVP Nicholas G. Stanutz sold 16,000 shares of the business's stock in a transaction that occurred on Wednesday, August 23rd. A frequently used tool among technical stock analysts is the moving average. Shares for $88,419 were sold by Remiker Richard. Baldwin reported 13,375 shares. The disclosure for this purchase can be found here. Dowling & Yahnke Ltd Limited Liability Company holds 1.23% in Microsoft Corporation (NASDAQ:MSFT) or 168,746 shares. The stock of Procter & Gamble Co (NYSE:PG) earned "Buy" rating by Jefferies on Wednesday, April 19. This repurchase authorization allows the bank to repurchase up to 2.2% of its stock through open market purchases. Beta value of the stock is marked at 1.36. Huntington Bancshares Incorpora announced a dividend that will be paid on Monday the 16th of October 2017. The short-interest ratio decreased to 0.0 and the percentage of shorted shares is 0.00% as of August 31. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.32 annualized dividend and a dividend yield of 2.31%. Huntington Bancshares's dividend payout ratio (DPR) is presently 46.38%.

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Huntington Bancshares Incorporated is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.

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