Mutual of America Capital Management LLC lifted its holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN) by 10.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 136,583 shares of the bank’s stock after purchasing an additional 13,298 shares during the period. Mutual of America Capital Management LLC’s holdings in Huntington Bancshares were worth $1,989,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HBAN. Janus Henderson Group PLC increased its position in Huntington Bancshares by 865.6% during the second quarter. Janus Henderson Group PLC now owns 1,432,015 shares of the bank’s stock worth $19,360,000 after purchasing an additional 1,283,709 shares during the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in Huntington Bancshares by 5.0% during the second quarter. Cornerstone Capital Management Holdings LLC. now owns 195,314 shares of the bank’s stock worth $2,640,000 after purchasing an additional 9,249 shares during the last quarter. Nomura Holdings Inc. acquired a new stake in Huntington Bancshares during the second quarter worth about $1,501,000. National Asset Management Inc. increased its position in Huntington Bancshares by 5.2% during the second quarter. National Asset Management Inc. now owns 14,630 shares of the bank’s stock worth $198,000 after purchasing an additional 719 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Huntington Bancshares during the second quarter worth about $139,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Huntington Bancshares Incorporated (HBAN) opened at $15.48 on Tuesday. Huntington Bancshares Incorporated has a 12-month low of $12.14 and a 12-month high of $16.53. The firm has a market cap of $16,730.00, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.17 and a beta of 1.35. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.87 and a current ratio of 0.88.

Huntington Bancshares (NASDAQ:HBAN) last announced its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. Huntington Bancshares had a net margin of 25.02% and a return on equity of 12.12%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the business earned $0.18 earnings per share. equities research analysts anticipate that Huntington Bancshares Incorporated will post 1.2 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Monday, March 19th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Friday, March 16th. Huntington Bancshares’s dividend payout ratio is presently 32.00%.

HBAN has been the subject of several recent analyst reports. Morgan Stanley raised their price objective on shares of Huntington Bancshares from $14.50 to $16.50 and gave the stock an “equal weight” rating in a research report on Wednesday, December 13th. BidaskClub upgraded shares of Huntington Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Barclays raised their price objective on shares of Huntington Bancshares from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Nomura raised their price objective on shares of Huntington Bancshares from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, Vining Sparks restated a “buy” rating and set a $19.00 price objective on shares of Huntington Bancshares in a research report on Monday, January 8th. Nine equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Huntington Bancshares currently has an average rating of “Buy” and an average price target of $16.75.

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Huntington Bancshares Company Profile

Huntington Bancshares Incorporated (Huntington) 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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Institutional Ownership by Quarter for Huntington Bancshares (NASDAQ:HBAN)

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