Huntington Bancshares Incorporated (NASDAQ:HBAN) Stock Holdings Decreased by Windsor Advisory Group LLC

Windsor Advisory Group LLC trimmed its position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN - Free Report) by 43.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,868 shares of the bank's stock after selling 79,389 shares during the quarter. Huntington Bancshares makes up approximately 1.9% of Windsor Advisory Group LLC's investment portfolio, making the stock its 10th largest position. Windsor Advisory Group LLC's holdings in Huntington Bancshares were worth $1,657,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Carlson Capital Management lifted its stake in shares of Huntington Bancshares by 0.4% in the 4th quarter. Carlson Capital Management now owns 163,575 shares of the bank's stock valued at $2,661,000 after purchasing an additional 692 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Huntington Bancshares by 6.0% in the 4th quarter. Farther Finance Advisors LLC now owns 12,317 shares of the bank's stock valued at $200,000 after purchasing an additional 699 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in Huntington Bancshares by 27.2% during the 4th quarter. Venturi Wealth Management LLC now owns 3,279 shares of the bank's stock worth $53,000 after acquiring an additional 702 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in Huntington Bancshares by 4.0% during the 4th quarter. CreativeOne Wealth LLC now owns 20,019 shares of the bank's stock worth $326,000 after acquiring an additional 762 shares in the last quarter. Finally, Lantz Financial LLC lifted its stake in Huntington Bancshares by 6.1% during the 4th quarter. Lantz Financial LLC now owns 13,766 shares of the bank's stock worth $224,000 after acquiring an additional 790 shares in the last quarter. 80.72% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Huntington Bancshares news, insider Kendall A. Kowalski sold 25,419 shares of Huntington Bancshares stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of $13.68, for a total transaction of $347,731.92. Following the transaction, the insider now owns 70,281 shares of the company's stock, valued at $961,444.08. The trade was a 26.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Helga Houston sold 42,345 shares of Huntington Bancshares stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $14.72, for a total value of $623,318.40. Following the transaction, the insider now directly owns 592,119 shares in the company, valued at approximately $8,715,991.68. This trade represents a 6.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 312,456 shares of company stock valued at $4,464,105 over the last quarter. Company insiders own 0.89% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HBAN shares. Argus set a $17.00 target price on Huntington Bancshares in a research note on Friday, April 25th. Morgan Stanley decreased their target price on Huntington Bancshares from $22.00 to $20.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Robert W. Baird raised Huntington Bancshares from a "neutral" rating to an "outperform" rating and set a $18.00 target price on the stock in a research note on Friday, March 7th. Stephens reissued an "equal weight" rating and set a $16.50 target price on shares of Huntington Bancshares in a research note on Monday, April 21st. Finally, Baird R W raised Huntington Bancshares from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $17.83.

Huntington Bancshares Stock Down 0.7%

Shares of NASDAQ HBAN traded down $0.11 during midday trading on Friday, hitting $15.32. 25,782,903 shares of the company's stock were exchanged, compared to its average volume of 18,043,730. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.89 and a quick ratio of 0.88. Huntington Bancshares Incorporated has a twelve month low of $11.92 and a twelve month high of $18.45. The company has a market cap of $22.38 billion, a PE ratio of 12.46, a P/E/G ratio of 1.33 and a beta of 0.89. The firm's fifty day simple moving average is $14.56 and its 200-day simple moving average is $15.96.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last issued its earnings results on Thursday, April 17th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. Huntington Bancshares had a return on equity of 11.23% and a net margin of 16.23%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the company earned $0.27 EPS. Research analysts predict that Huntington Bancshares Incorporated will post 1.39 EPS for the current fiscal year.

Huntington Bancshares declared that its Board of Directors has authorized a stock repurchase plan on Thursday, April 17th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the bank to purchase up to 5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 17th will be given a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a dividend yield of 4.05%. The ex-dividend date is Tuesday, June 17th. Huntington Bancshares's dividend payout ratio (DPR) is presently 47.33%.

About Huntington Bancshares

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.