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Huntington Bancshares Incorporated (HBAN) Position Reduced by Capital Fund Management SA

Short traders are more bearish on shares of Huntington Bancshares Incorpora of late if you put credence in the increase in short interest. Marble Harbor Invest Counsel Limited Liability Company owns 43,513 shares for 0.13% of their portfolio. This is a change of 0.51% from open which creates a gap of -0.08%. Remiker Richard sold $88,419 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) on Monday, May 1. Approximately 1.9% of the shares of the company are short sold. Finally, Sigma Planning Corp acquired a new stake in shares of Huntington Bancshares during the 1st quarter valued at $137,000. FMR LLC now owns 98,004,607 shares of the bank's stock valued at $1,312,281,000 after buying an additional 17,263,771 shares during the period. Suntrust Banks Inc. grew its stake in shares of Huntington Bancshares by 101.8% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 9,548 shares of the bank's stock valued at $128,000 after acquiring an additional 7,521 shares in the last quarter. Finally, Advisor Partners LLC bought a new stake in Huntington Bancshares during the third quarter valued at approximately $120,000.

Moreover, Cohen And Steers Inc has 0.04% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 1.12 million shares.

Public Storage (NYSE:PSA), stock is trading $232.21 above the 52-week high and has displayed a high EPS growth of 15.80% in last 5 years.

Huntington Bancshares Incorporated (HBAN)'s distance from 200 day simple moving average is -5.17 percent, its distance from 50 day simple moving average is -4.48 percent, while its distance from 20 day simple moving average is -0.9 percent. Huntington Bancshares Incorporated has a 12-month low of $9.52 and a 12-month high of $14.74.

Let's have a look at some of the important valuation ratios of the Huntington Bancshares Incorporated (HBAN). The stock is now offering a return on equity of 8.20% while the return on assets is at 0.80% and the return on investment is at 11.20%. Given that earnings are what matter most to investors, analysts tend to place a greater weight on the P/E. The stock increased 1.03% or $0.47 during the last trading session, reaching $46.12. Analysts expect that Huntington Bancshares Incorporated will post $0.92 EPS for the current year.

Huntington Bancshares Incorporated (NASDAQ:HBAN) has seen its price went down by -1.23% over the course of one week. Blackrock Fund Advisors holds 0.05% or 20.58M shares in its portfolio. This dividend's record date is Sep 18, 2017 and the announcement date is Jul 21, 2017. This buyback authorization permits the bank to reacquire up to 2.2% of its shares through open market purchases. The Beta for the company stands at 1.38 and its Average True Range (ATR) shows a value of 0.25. Huntington Bancshares's payout ratio is now 47.06%. If you are reading this report on another publication, it was illegally stolen and republished in violation of USA & worldwide copyright legislation. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/09/14/standard-life-investments-ltd-reduces-stake-in-huntington-bancshares-incorporated-hban.html.

A number of research firms recently issued reports on HBAN. Huntington Bancshares has a consensus rating of "Buy" and an average target price of $13.12. Howe Rusling Incorporated reported 0% in Huntington Bancshares Incorporated (NASDAQ:HBAN). BMO Capital Markets reiterated an "outperform" rating and issued a $15.00 price objective (down previously from $16.00) on shares of Huntington Bancshares in a research report on Friday, July 21st. Deutsche Bank upgraded the shares of HBAN in report on Wednesday, September 28 to "Buy" rating. Wall Street experts also assign a $14.84 price target on Huntington Bancshares Incorporated, pointing towards a 16.03% rally from current levels.

Among 26 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 12 have Buy rating, 0 Sell and 14 Hold. Huntington Bancshares has a consensus rating of "Buy" and an average price target of $14.96. The shares were purchased at an average price of $13.10 per share, for a total transaction of $32,095.00. Huntington Bancshares Incorporated had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The shares were sold at an average price of $12.71, for a total transaction of $203,360.00. Following the transaction, the executive vice president now directly owns 447,722 shares of the company's stock, valued at $5,690,546.62. The disclosure for this purchase can be found here.

Presently Huntington Bancshares Incorporated (NASDAQ:HBAN) stock have an ABR of 1.76. 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 services and products. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) earned "Neutral" rating by Goldman Sachs on Tuesday, December 6.



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