Shares of Huntington Bancshares Inc. (NASDAQ:HBAN) saw an uptick in trading volume on Tuesday . 55,479,394 shares were traded during trading, an increase of 93% from the previous session’s volume of 28,751,758 shares.The stock last traded at $9.64 and had previously closed at $9.68.

A number of research firms have recently commented on HBAN. Barclays PLC reiterated a “hold” rating on shares of Huntington Bancshares in a research report on Saturday, July 9th. Nomura reiterated a “hold” rating on shares of Huntington Bancshares in a research report on Saturday, July 9th. Credit Suisse Group AG reiterated a “hold” rating on shares of Huntington Bancshares in a research report on Monday, May 2nd. Sanford C. Bernstein increased their target price on Huntington Bancshares from $11.00 to $12.00 and gave the company a “market perform” rating in a research report on Thursday, April 21st. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $10.50 target price on shares of Huntington Bancshares in a research report on Monday, June 27th. Fifteen research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Huntington Bancshares presently has a consensus rating of “Hold” and a consensus price target of $11.08.

The stock’s 50-day moving average is $9.21 and its 200-day moving average is $9.47. The company has a market cap of $7.70 billion and a P/E ratio of 12.36.

Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.02. During the same period in the prior year, the business earned $0.23 earnings per share. Equities research analysts expect that Huntington Bancshares Inc. will post $0.80 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Monday, September 19th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, September 15th.

In other Huntington Bancshares news, EVP David S. Anderson sold 25,000 shares of the company’s stock in a transaction dated Tuesday, May 24th. The stock was sold at an average price of $10.36, for a total transaction of $259,000.00. Following the sale, the executive vice president now owns 115,783 shares in the company, valued at approximately $1,199,511.88. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Daniel J. Neumeyer sold 9,662 shares of the company’s stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $10.61, for a total value of $102,513.82. Following the sale, the executive vice president now owns 368,576 shares in the company, valued at approximately $3,910,591.36. The disclosure for this sale can be found here.

A number of large investors recently modified their holdings of HBAN. Principal Financial Group Inc. increased its stake in shares of Huntington Bancshares by 54.4% in the fourth quarter. Principal Financial Group Inc. now owns 3,046,715 shares of the company’s stock valued at $33,697,000 after buying an additional 1,073,174 shares during the period. Airain ltd bought a new stake in shares of Huntington Bancshares during the fourth quarter valued at $4,930,000. Dimensional Fund Advisors LP increased its stake in shares of Huntington Bancshares by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,635,854 shares of the company’s stock valued at $73,399,000 after buying an additional 196,296 shares during the period. I.G. Investment Management LTD. increased its stake in shares of Huntington Bancshares by 5.9% in the fourth quarter. I.G. Investment Management LTD. now owns 1,607,900 shares of the company’s stock valued at $17,783,000 after buying an additional 89,300 shares during the period. Finally, GSA Capital Partners LLP increased its stake in shares of Huntington Bancshares by 239.8% in the fourth quarter. GSA Capital Partners LLP now owns 91,096 shares of the company’s stock valued at $1,008,000 after buying an additional 64,291 shares during the period.

Huntington Bancshares Incorporated is a diversified regional bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company is engaged in providing commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services.

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