Huntington Bancshares (NASDAQ:HBANL) Stock Price Down 0.6% – Should You Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANL) were down 0.6% during mid-day trading on Wednesday . The company traded as low as $25.10 and last traded at $25.12. Approximately 16,143 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 19,341 shares. The stock had previously closed at $25.27.

Huntington Bancshares Trading Down 0.6%

The business has a fifty day moving average price of $25.51 and a 200 day moving average price of $25.58.

Huntington Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a $0.4298 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $1.72 annualized dividend and a yield of 6.8%.

Institutional Trading of Huntington Bancshares

A hedge fund recently bought a new stake in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,000 shares of the company’s stock, valued at approximately $25,000.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated (NASDAQ: HBANL) is a regional bank holding company that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s offerings include personal and small-business checking and savings accounts, consumer and commercial lending, treasury management, mortgage banking, equipment finance, and wealth management services. Huntington places a strong emphasis on digital and mobile banking capabilities, aiming to deliver an integrated customer experience across online, mobile and branch channels.

Originally founded in 1866 as The P.W.