Huntington Bancshares Incorporated (NASDAQ:HBAN) produced a 36.28% rally since recording the worst price of $9.4. Thanks to the latest -2.73% decrease, it now trades at $12.81. Throughout the trading on Aug. 10, 2017, the share price floated between $12.81 and $13.11. This company shares are 15.46% off its target price of $14.79 and the current market capitalization stands at $13.95B. The recent change has given its price a -3.4% deficit over SMA 50 and -13.09% deficit over its 52-week high. The stock witnessed -6.7% declines, 0.16% gains and -5.46% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HBAN’s volatility during a week at 1.8% and during a month it has been found around 1.91%.Huntington Bancshares Incorporated (HBAN) Top Holders
Institutional investors currently hold around $10.95 billion or 78.8% in HBAN stock. Look at its top three institutional owners. Vanguard Group Inc owns $1.41 billion in Huntington Bancshares Incorporated, which represents roughly 10.14% of the company’s market cap and approximately 12.92% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 98,004,607 shares of the stock are valued at $1.29 billion. The third largest holder is Blackrock Inc., which currently holds $905.59 million worth of this stock and that ownership represents nearly 6.49% of its market capitalization.Huntington Bancshares Incorporated 13F Filings
At the end of Mar reporting period, 252 institutional holders increased their position in Huntington Bancshares Incorporated (NASDAQ:HBAN) by some 80,688,466 shares, 283 decreased positions by 60,541,998 and 105 held positions by 690,182,055. That puts total institutional holdings at 831,412,519 shares, according to SEC filings. The stock grabbed 49 new institutional investments totaling 4,423,189 shares while 57 institutional investors sold out their entire positions totaling 7,023,645 shares.
Multiple company employees have indulged in significant insider trading. Huntington Bancshares Incorporated disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director NEU RICHARD W has acquired 2,450 shares of Huntington Bancshares Incorporated (HBAN) in trading session dated Jul. 28, 2017. These shares are worth $32,095 and were traded at $13.1 each. The SEC filing shows that STEINOUR STEPHEN D performed a purchase of 50,000 shares. The President, CEO & Chairman added these shares by way of transaction on May. 18, 2017. The company’s shares were assimilated at $12.4 per share worth to an investment of some $620,000 on account of STEINOUR STEPHEN D.
Sr. EVP of Principal Sub., Harmening Andrew J, purchased 15,490 common shares of Huntington Bancshares Incorporated (HBAN) in the open market. In a transaction dated May. 15, 2017, the shares were bought at an average price of $12.92, giving away a sum of $200,131. After this purchase, 35,543 common shares of HBAN are directly owned by the insider, with total stake valued at $455,306.
In the transaction dated May. 09, 2017, the great number of shares disposed came courtesy the Sr. EVP & Chief Technology Off; Heller Paul G disposed a total of 35,720 shares at an average price of $12.93, amounting to approximately $461,860. The insider now directly owns 410,963 shares worth $5,264,436.Huntington Bancshares Incorporated (HBAN) Analyst Guide
Several analysts have released their opinion on Huntington Bancshares Incorporated (NASDAQ:HBAN), with 8 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.94 average brokerage recommendation.