$0.26 EPS Expected for Huntington Bancshares Incorporated (HBAN)

December 20, 2017 - By Vivian Park

 $0.26 EPS Expected for Huntington Bancshares Incorporated (HBAN)
Investors sentiment decreased to 0.99 in 2017 Q2. Its down 0.06, from 1.05 in 2017Q1. It dived, as 43 investors sold Huntington Bancshares Incorporated shares while 180 reduced holdings. 59 funds opened positions while 162 raised stakes. 795.73 million shares or 1.70% less from 809.49 million shares in 2017Q1 were reported.
Patten Patten Incorporated Tn accumulated 10,000 shares or 0.01% of the stock. Germany-based Dekabank Deutsche Girozentrale has invested 0.01% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Aqr Capital Mgmt Lc stated it has 2.09 million shares. Schwab Charles Investment holds 0.06% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 4.90 million shares. Moreover, Gabelli Funds Ltd Liability Company has 0.04% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN). Schneider Mngmt has 892,859 shares. Goldman Sachs Group Incorporated Incorporated stated it has 13.51 million shares. Summit Fincl Strategies Incorporated owns 0.08% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 10,192 shares. Aperio Group Limited Company holds 434,453 shares. Provise Mgmt Lc holds 20,111 shares or 0.04% of its portfolio. Lpl Limited Liability holds 46,085 shares or 0% of its portfolio. Adage Capital Ptnrs Gp Limited Company holds 1.70 million shares. Fishman Jay A Ltd Mi stated it has 0% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Johnson Inv Counsel has 60,594 shares for 0.02% of their portfolio. Westwood Holdg Grp invested in 0% or 1,000 shares.

Since August 23, 2017, it had 0 buys, and 1 insider sale for $203,384 activity.

Analysts expect Huntington Bancshares Incorporated (NASDAQ:HBAN) to report $0.26 EPS on January, 24.They anticipate $0.02 EPS change or 8.33 % from last quarter’s $0.24 EPS. HBAN’s profit would be $281.05 million giving it 14.08 P/E if the $0.26 EPS is correct. After having $0.25 EPS previously, Huntington Bancshares Incorporated’s analysts see 4.00 % EPS growth. The stock increased 0.21% or $0.03 during the last trading session, reaching $14.64. About 7.87M shares traded. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 22.99% since December 21, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Huntington Bancshares Incorporated (NASDAQ:HBAN) Ratings Coverage

Among 26 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Huntington Bancshares Incorporated had 71 analyst reports since August 6, 2015 according to SRatingsIntel. Robert W. Baird maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) on Friday, October 20 with “Hold” rating. FBR Capital maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Friday, January 22. FBR Capital has “Mkt Perform” rating and $10.50 target. Deutsche Bank upgraded the shares of HBAN in report on Wednesday, September 28 to “Buy” rating. On Thursday, October 27 the stock rating was maintained by Wedbush with “Outperform”. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) earned “Neutral” rating by Piper Jaffray on Tuesday, November 24. RBC Capital Markets maintained it with “Buy” rating and $1600 target in Thursday, July 27 report. The firm has “Buy” rating by BMO Capital Markets given on Thursday, June 8. The rating was upgraded by Hilliard Lyons to “Buy” on Monday, July 24. The firm earned “Outperform” rating on Friday, October 7 by Wedbush. Barclays Capital maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Tuesday, January 3. Barclays Capital has “Equal Weight” rating and $14 target.

Huntington Bancshares Incorporated operates as a holding firm for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company has market cap of $15.83 billion. The companyÂ’s Consumer and Business Banking segment offers financial services and products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. It has a 17.77 P/E ratio. The Company’s Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance.

More recent Huntington Bancshares Incorporated (NASDAQ:HBAN) news were published by: Seekingalpha.com which released: “Huntington Bancshares Raises Dividend 38%… What Now?” on November 28, 2017. Also Prnewswire.com published the news titled: “Huntington Bancshares Incorporated Increases its Prime Rate to 4.5 Percent” on December 13, 2017. Prnewswire.com‘s news article titled: “Huntington Bancshares To Present At The Goldman Sachs US Financial Services …” with publication date: November 29, 2017 was also an interesting one.

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