Huntington Bancshares Incorporated (NASDAQ:HBAN) registered a 1.54% increase, still its new closing price is 72.69% up from the company’s 1 year high of 13.67.It posted -1.35% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 26 stock analysts following this company have an average price target at $14.47, with individual PT in the $12.00-$16.50 range. The shares moved at $13.15, implying that brokerage firms see shares gaining about 42.63% in twelve months time.
Huntington Bancshares Incorporated (HBAN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -0.53% fall year to date. A Senior Exec. V. P. at Huntington Bancshares Incorporated (HBAN) offloaded shares in a transaction closed on Tuesday November 29, 2016. Houston Helga sold 8,378 shares in the company at $12.33 each and collected $103,000 in proceeds. Houston Helga now owns 312,589 shares in the company after this transaction. A Senior Exec Vice President in the company, Pierce Sandra E., disclosed a transaction on Friday November 11, 2016 that ended up generating $615,001 from the sale of 52,994 shares at $11.62 per share.
Huntington Bancshares Incorporated (NASDAQ:HBAN) Upcoming Results on Tap
Huntington Bancshares Incorporated will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.23 in that period. Sales during the quarter are predicted to arrive at $1.03 billion.
Earnings surprise history: Last quarter, the company posted approximately $927 million in revenue and EPS of $0.11. The mean forecast was for $857.02 million and $0.21 a share, respectively. One quarter earlier, revenue for the stock was at $777 million, with earnings at $0.19/share.
Huntington Bancshares Incorporated (HBAN) Brokerage Update
Huntington Bancshares Incorporated (HBAN) is in Jefferies’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Jefferies, according to news reported on Monday November 28, 2016.Another important research note was issued by Macquarie on Tuesday November 22, 2016.The firm upgraded HBAN to Outperform from Neutral. Over the last six months and over the last three months, the shares of Huntington Bancshares Incorporated (HBAN), have changed 43.74% and 36.95%, respectively.
Huntington Bancshares Incorporated (NASDAQ:HBAN) on January 3, 2017 announced that it expects to report its fourth quarter and full year 2016 earnings on Wednesday, January 25, 2017, prior to the market opening. Huntington’s senior management will host an earnings conference call the same day at 9:00 a.m. (Eastern Standard Time).
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $101 billion of assets and a network of 1,103 branches and 1,979 ATMs across eight Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement and capital market services that extend beyond its core states.
