Xponance Inc. 购买了亨廷顿银行股份公司（纳斯达克股票代码：HBAN）的29,642股股票

Xponance Inc. boosted its holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN – Get Rating) by 17.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 201,543 shares of the bank's stock after purchasing an additional 29,642 shares during the period. Xponance Inc.'s holdings in Huntington Bancshares were worth $2,842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CI Investments Inc. boosted its position in Huntington Bancshares by 994.3% in the third quarter. CI Investments Inc. now owns 1,904 shares of the bank's stock worth $25,000 after purchasing an additional 1,730 shares during the last quarter. Allworth Financial LP boosted its position in Huntington Bancshares by 91.9% in the third quarter. Allworth Financial LP now owns 1,998 shares of the bank's stock worth $26,000 after purchasing an additional 957 shares during the last quarter. Retirement Financial Solutions LLC purchased a new position in Huntington Bancshares in the fourth quarter worth $28,000. EverSource Wealth Advisors LLC boosted its position in Huntington Bancshares by 149.8% in the third quarter. EverSource Wealth Advisors LLC now owns 2,573 shares of the bank's stock worth $34,000 after purchasing an additional 1,543 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in Huntington Bancshares in the second quarter worth $36,000. Hedge funds and other institutional investors own 80.43% of the company's stock.

Insider Buying and Selling at Huntington Bancshares

In other Huntington Bancshares news, Director David L. Porteous sold 80,000 shares of the firm's stock in a transaction dated Friday, January 27th. The stock was sold at an average price of $15.01, for a total value of $1,200,800.00. Following the sale, the director now owns 62,845 shares of the company's stock, valued at approximately $943,303.45. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.89% of the company's stock.

Analyst Upgrades and Downgrades

HBAN has been the topic of several research analyst reports. The Goldman Sachs Group cut their price objective on Huntington Bancshares from $16.50 to $13.00 and set a "buy" rating on the stock in a research report on Thursday, March 30th. JPMorgan Chase & Co. downgraded Huntington Bancshares from a "neutral" rating to an "underweight" rating and cut their price target for the stock from $15.50 to $14.50 in a research note on Tuesday, December 13th. Royal Bank of Canada cut their price target on Huntington Bancshares from $18.00 to $16.00 and set an "outperform" rating for the company in a research note on Tuesday, March 14th. Piper Sandler cut their price target on Huntington Bancshares from $15.00 to $14.50 in a research note on Friday, March 10th. Finally, StockNews.com started coverage on Huntington Bancshares in a research note on Thursday, March 16th. They set a "hold" rating for the company. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Huntington Bancshares presently has a consensus rating of "Hold" and an average target price of $15.17.

Huntington Bancshares Stock Down 0.3 %

Shares of NASDAQ HBAN opened at $11.17 on Tuesday. Huntington Bancshares Incorporated has a 52 week low of $9.94 and a 52 week high of $15.74. The business has a 50-day simple moving average of $13.76 and a two-hundred day simple moving average of $14.13. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.62. The company has a market cap of $16.19 billion, a P/E ratio of 7.70, a P/E/G ratio of 5.67 and a beta of 1.11.

Huntington Bancshares (NASDAQ:HBAN – Get Rating) last issued its earnings results on Friday, January 20th. The bank reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. Huntington Bancshares had a return on equity of 14.79% and a net margin of 28.15%. The business had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.95 billion. Research analysts anticipate that Huntington Bancshares Incorporated will post 1.51 earnings per share for the current fiscal year.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 3rd. Shareholders of record on Monday, March 20th were issued a $0.155 dividend. The ex-dividend date was Friday, March 17th. This represents a $0.62 annualized dividend and a dividend yield of 5.55%. Huntington Bancshares's payout ratio is currently 42.76%.

About Huntington Bancshares

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Huntington Bancshares, Inc operates as a bank holding company. It 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, other financial products and services.

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