Huntington BancsharesHBAN
Market Cap: $20.8B
About: Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. The bank operates in two business segments: Consumer & Regional Banking and Commercial Banking. The bank derives the maximum of its revenue from the Consumer & Business Banking segment. The other segment of the bank consists of Treasury and others. The bank also provides auto dealer, equipment finance, investment management, trust, brokerage, capital market services, and other services.
Employees: 19,889
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44% more call options, than puts
Call options by funds: $61.8M | Put options by funds: $43M
2.38% more ownership
Funds ownership: 81.2% [Q1] → 83.58% (+2.38%) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 325
0% less funds holding
Funds holding: 905 [Q1] → 903 (-2) [Q2]
2% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 88
3% less capital invested
Capital invested by funds: $16.5B [Q1] → $16B (-$506M) [Q2]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 6 (-1) [Q2]
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Morgan Stanley Ken Zerbe 60% 1-year accuracy 6 / 10 met price target | 26%upside $18 | Overweight Maintained | 5 Aug 2024 |
Baird David George 33% 1-year accuracy 1 / 3 met price target | 5%upside $15 | Neutral Downgraded | 26 Jul 2024 |
Morgan Stanley Ken Zerbe 60% 1-year accuracy 6 / 10 met price target | 12%upside $16 | Overweight Maintained | 22 Jul 2024 |
Citigroup Keith Horowitz 88% 1-year accuracy 14 / 16 met price target | 26%upside $18 | Buy Maintained | 22 Jul 2024 |
B of A Securities Ebrahim Poonawala 73% 1-year accuracy 11 / 15 met price target | 19%upside $17 | Buy Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 4 articles about HBAN published over the past 30 days