Captrust Financial Advisors decreased its position in Huntington Bancshares Incorporated (NASDAQ:HBAN) by 10.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,294 shares of the bank’s stock after selling 6,775 shares during the quarter. Captrust Financial Advisors’ holdings in Huntington Bancshares were worth $728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new stake in Huntington Bancshares in the fourth quarter valued at approximately $25,000. JOYN Advisors Inc. lifted its position in Huntington Bancshares by 207.5% in the fourth quarter. JOYN Advisors Inc. now owns 2,079 shares of the bank’s stock valued at $25,000 after purchasing an additional 1,403 shares during the last quarter. FTB Advisors Inc. lifted its position in Huntington Bancshares by 1,100.5% in the fourth quarter. FTB Advisors Inc. now owns 2,401 shares of the bank’s stock valued at $28,000 after purchasing an additional 2,201 shares during the last quarter. We Are One Seven LLC bought a new stake in Huntington Bancshares in the fourth quarter valued at approximately $29,000. Finally, Transamerica Financial Advisors Inc. lifted its position in Huntington Bancshares by 562.0% in the fourth quarter. Transamerica Financial Advisors Inc. now owns 2,721 shares of the bank’s stock valued at $33,000 after purchasing an additional 2,310 shares during the last quarter. Institutional investors own 78.62% of the company’s stock.

In other news, EVP Daniel J. Neumeyer sold 60,000 shares of the stock in a transaction on Monday, February 11th. The stock was sold at an average price of $13.71, for a total value of $822,600.00. Following the sale, the executive vice president now directly owns 356,615 shares of the company’s stock, valued at $4,889,191.65. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kathleen H. Ransier sold 3,067 shares of the stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of $14.30, for a total value of $43,858.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 81,577 shares of company stock worth $1,116,158. Insiders own 1.22% of the company’s stock.

Several analysts have weighed in on HBAN shares. Raymond James boosted their price objective on Huntington Bancshares from $15.50 to $16.00 and gave the company an “outperform” rating in a research report on Friday, November 16th. Sandler O’Neill cut Huntington Bancshares from a “buy” rating to a “hold” rating and set a $16.00 target price on the stock. in a research note on Thursday, November 29th. They noted that the move was a valuation call. BidaskClub cut Huntington Bancshares from a “hold” rating to a “sell” rating in a research note on Friday, December 7th. Zacks Investment Research cut Huntington Bancshares from a “hold” rating to a “sell” rating in a research note on Monday, January 7th. Finally, Vining Sparks reissued a “buy” rating and set a $18.00 target price on shares of Huntington Bancshares in a research note on Thursday, January 24th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. Huntington Bancshares presently has an average rating of “Hold” and an average price target of $16.50.

Shares of HBAN stock opened at $14.07 on Friday. The firm has a market capitalization of $14.70 billion, a P/E ratio of 11.73, a PEG ratio of 1.13 and a beta of 1.37. Huntington Bancshares Incorporated has a twelve month low of $11.12 and a twelve month high of $16.52. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.86 and a current ratio of 0.87.

Huntington Bancshares (NASDAQ:HBAN) last released its earnings results on Thursday, January 24th. The bank reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). Huntington Bancshares had a return on equity of 13.93% and a net margin of 26.43%. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the company posted $0.26 earnings per share. As a group, equities analysts anticipate that Huntington Bancshares Incorporated will post 1.34 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Monday, March 18th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, March 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.98%. Huntington Bancshares’s dividend payout ratio is currently 46.67%.

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Huntington Bancshares Profile

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company operates through four business segments: Consumer and Business Banking, Commercial Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG).

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

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