Huntington BancsharesHBAN
HBAN
About: Huntington is a regional us bank with around $200 billion in assets (as of September 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.
Employees: 20,043
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
90% more call options, than puts
Call options by funds: $70.8M | Put options by funds: $37.2M
17% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 7 (+1) [Q3]
9% more capital invested
Capital invested by funds: $16.2B [Q2] → $17.7B (+$1.48B) [Q3]
1% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 94
0% more funds holding
Funds holding: 907 [Q2] → 908 (+1) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 347
2.05% less ownership
Funds ownership: 84.86% [Q2] → 82.81% (-2.05%) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
4%
upside
Avg. target
$18.89
16%
upside
High target
$21
29%
upside
9 analyst ratings
6 positive
67%
2 neutral
22%
1 negative
11%
RBC Capital Jon Arfstrom 89% 1-year accuracy 47 / 53 met price target | 23%upside $20 | Outperform Reiterated | 12 Dec 2024 |
Keefe, Bruyette & Woods David Konrad 59% 1-year accuracy 17 / 29 met price target | 16%upside $19 | Market Perform Maintained | 4 Dec 2024 |
JP Morgan Andrew Dietrich 0% 1-year accuracy 0 / 1 met price target | 23%upside $20 | Overweight Assumed | 4 Dec 2024 |
Piper Sandler Scott Siefers 56% 1-year accuracy 14 / 25 met price target | 7%upside $17.50 | Underweight Maintained | 3 Dec 2024 |
Goldman Sachs Ryan Nash 54% 1-year accuracy 15 / 28 met price target | 23%upside $20 | Buy Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 6 articles about HBAN published over the past 30 days
Neutral
PRNewsWire
3 days ago
Huntington Bancshares Incorporated Decreases Its Prime Rate To 7.5 Percent
COLUMBUS, Ohio , Dec. 18, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 7.75 percent to 7.5 percent, effective December 19, 2024. Huntington's rate last changed on November 8, 2024, decreasing from 8 percent to 7.75 percent.
Positive
MarketBeat
3 days ago
3 Regional Bank Stocks to Buy on Relaxed Regulations
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Neutral
PRNewsWire
1 week ago
Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I Preferred Stock
COLUMBUS, Ohio , Dec. 10, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable March 3, 2025, to shareholders of record on February 15, 2025. About Huntington Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $201 billion asset regional bank holding company headquartered in Columbus, Ohio.
Neutral
PRNewsWire
2 weeks ago
Huntington Bancshares Incorporated to Present at the Goldman Sachs US Financial Services Conference
COLUMBUS, Ohio , Dec. 6, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will participate in the Goldman Sachs 2024 US Financial Services Conference on Wednesday, December 11, 2024. Steve Steinour, chairman, president, and chief executive officer, and Zach Wasserman, chief financial officer, are scheduled to present to analysts and investors at 9:20 AM (Eastern Time).
Neutral
PRNewsWire
2 weeks ago
Capstone Partners Announces Newly Formed Buy-Side M&A Advisory Group
Additional, specialized Sponsor Coverage professionals introduce dedicated Buy-Side M&A advisory to Capstone's fully integrated suite of services. BOSTON , Dec. 3, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, announces the launch of its newly formed Buy-Side M&A Advisory Group (the Group).
Neutral
PRNewsWire
3 weeks ago
Capstone Partners Releases 2024 Middle Market Business Owners Research Survey: CEOs Focus on Performance Improvement, Turn to Capital Market Growth in High Interest Rate Environment
BOSTON , Nov. 25, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2024 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 404 participating owners of privately-owned, middle market companies. Conducted between July 31, 2024, and August 26, 2024, the survey captures sentiment at a pivotal moment in the U.S., identifying CEOs' decision making processes, growth, financial, and exit plans, and value drivers that characterized middle market business in 2024.
Positive
Barrons
1 month ago
4 Regional Bank Stocks Set to Rise Under Trump
Citizens Financial, Ally Financial, Capital One, Huntington Bancshares, and M&T Bancorp are cheap bank stocks that look like buys, says Citi.
Neutral
PRNewsWire
1 month ago
Huntington Bancshares Incorporated Decreases Its Prime Rate To 7.75 Percent
COLUMBUS, Ohio , Nov. 7, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 8 percent to 7.75 percent, effective November 8, 2024. Huntington's rate last changed on September 19, 2024, decreasing from 8.5 percent to 8 percent.
Positive
The Motley Fool
1 month ago
Why Financial Stocks Like American Express, Synchrony Financial, and Huntington Bancshares Rocketed Higher Today
The prospect of financial deregulation boosted many bank stocks today.
Positive
Benzinga
1 month ago
Top 3 Industrials Stocks That Could Blast Off In Q4
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
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