They presently have a $16.00 target price on the bank's stock. Jefferies downgraded the shares of HBAN in report on Monday, November 28 to "Hold" rating. At the time of writing, the First Call consensus price target for the company is $15.26. Barclays Public Limited Co holds 0.02% or 1.14 million shares. BidaskClub raised shares of Huntington Bancshares from a "sell" rating to a "hold" rating in a research note on Wednesday, July 5th. The analysts, on average, are forecasting a $14.77 price target, but the stock is already up 34.45% from its recent lows. Piper Jaffray Companies raised shares of Huntington Bancshares from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $14.00 to $15.00 in a report on Friday, August 11th.
Shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) traded down -0.78% in the last session while performance was up 12.8% in the last five days. The current consensus recommendation provided by covering analysts is 2.20.
Shares of Prosperity Bancshares (NYSE:PB) opened at 60.00 on Friday. The company has a 50 day moving average price of $12.83 and a 200 day moving average price of $13.13. The stock has a market capitalization of $13.96 billion, a P/E ratio of 17.74 and a beta of 1.37.
Prosperity Bancshares (NYSE:PB) last posted its quarterly earnings data on Wednesday, July 26th. The percentage of shares being held by the company management was 1% while institutional stake was 78.1%. Prosperity Bancshares had a net margin of 35.20% and a return on equity of 7.49%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. They expect $0.25 earnings per share, up 13.64 % or $0.03 from last year's $0.22 per share. Overall, the share price is down -3.18% so far this year.
WARNING: This article was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another publication, it was illegally copied and reposted in violation of United States & global trademark and copyright laws. Chicago Partners Investment Group LLC purchased a new position in shares of Huntington Bancshares in the second quarter worth about $134,000.
Apple slightly tweaks next-gen iPhone 8 series The device goes on sale on November 3, some two months after the iPhone 8 and 8 Plus, which begin shipping on September 22. The home button is also gone, and users instead tap the device to wake it up.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Monday, September 18th will be given a $0.08 dividend. This represents a $1.36 annualized dividend and a yield of 2.27%. The ex-dividend date is Friday, September 15th. Stratos Wealth Ptnrs Ltd invested 0.1% in Huntington Bancshares Incorporated (NASDAQ:HBAN).
In other Prosperity Bancshares news, Director Robert H. Steelhammer sold 5,000 shares of the firm's stock in a transaction dated Thursday, August 31st. The stock was acquired at an average cost of $13.10 per share, with a total value of $32,095.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Korea Invest Corporation accumulated 215,981 shares or 0.01% of the stock. The shares were sold at an average price of $12.71, for a total transaction of $203,360.00. Following the completion of the acquisition, the director now owns 184,596 shares in the company, valued at approximately $2,418,207.60. The disclosure for this purchase can be found here. In the last quarter, insiders sold 14,000 shares of company stock worth $864,950.
Other hedge funds also recently modified their holdings of the company. Of those insider trades, 11,237 shares of Huntington Bancshares Incorporated were purchased and 91,312 shares were sold. Foster & Motley Inc. now owns 10,504 shares of the bank's stock worth $142,000 after purchasing an additional 224 shares during the last quarter. Formidable Asset Management LLC lifted its position in shares of Huntington Bancshares by 0.6% during the first quarter. Envestnet Asset Management Inc. now owns 7,026 shares of the bank's stock worth $489,000 after purchasing an additional 40 shares during the period. DekaBank Deutsche Girozentrale boosted its holdings in Huntington Bancshares by 129.0% during the first quarter. Remiker Richard also sold $88,419 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) shares. The bank reported $0.26 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.03. Camelot Portfolios Limited Liability Company has invested 0.25% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Finally, Teacher Retirement System of Texas raised its position in shares of Prosperity Bancshares by 2.2% during the second quarter. Formidable Asset Management LLC now owns 16,520 shares of the bank's stock valued at $216,000 after purchasing an additional 100 shares in the last quarter.
Huntington Bancshares Incorporated (Huntington) is a bank holding company. The Bank provides a range of financial products and services to small and medium-sized businesses and consumers. Girard Prtnrs Limited stated it has 0.1% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN).
Edgar Arevalo, Armed Forces of the Philippines Public Affairs Office Chief, said: "We are still validating that information". Photos showing him, a young man and a woman slumped against a wall had also circulated on the Internet.
That was followed by the International Energy Agency report in 2017 by 100,000 barrels a day (bpd) to 1.6m bpd, or 1.7%. Two weeks later, only three Gulf Coast refineries remain shut, according to the Department of Energy.
Sources have said Chinese companies shipping oil to the North will also probably be targeted by future United States sanctions . The outlandish threats look created to pull Japan into on-going tensions that have focused on the USA and China up until now.
The American fighter, whose identity was not released, is not the first American ISIS fighter captured on the battlefield. Those attacks left the 11 remaining buses of the convoy stranded in the desert for two weeks.
Louis Symphony Orchestra has canceled its Saturday night performance of "Harry Potter and the Chamber of Secrets - In Concert". The Bono-fronted band were due to perform at The Dome stadium in the city as part of their The Joshua Tree Tour 2017.
Apart from that, Bhaskar Das was also a mahant of the Naka Hanuman Gandhi temple town in Faizabad district of Uttar Pradesh. Mahant Bhaskar Das , the main litigant in the Babri Masjid-Ram Janmabhoomi case , passed away in Ayodhya on September 16.
One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company's 50-day moving average price is GBX 232.68 and its 200-day moving average price is GBX 242.26.
In fact, Gambineri said, the nursing home had made 17 reports to the state through an online database beginning on September 7. At a news conference, Florida Power & Light, the state's largest utility, said it serviced portions of the care facility.
LMR Partners LLP bought a new position in shares of Arrowhead Pharmaceuticals in the second quarter worth about $467,000. If you are reading this news story on another website, it was stolen and reposted in violation of global copyright laws.
Victims Wednesday at the Rehabilitation Center at Hollywood Hills were as old as 99, and there were worries the count could grow. The facility is across the street from Memorial Regional Hospital, which never reported losing power during Hurricane Irma.
It was followed by the pilot announcing they had to evacuate on account of a " direct threat " involving the flight specifically. However, it is still unclear what the " direct threat " was that led to the whole episode.
Hamas has been greatly weakened by an Israeli and Egyptian blockade, three wars with Israel and global isolation. The coastal enclave of some two million people also has one of the world's highest unemployment rates.
Equifax had patch 2 months before hack
The company said that, in addition to the changes of CSO and CIO, it continues to explore ways to improve its security. The next day, suspicious activity was detected again and the company took the affected web application offline.
Trump on taxes, wants lower corporate tax rate
The incentives to eliminate, or at least chip away, at the deduction could be impossible for congressional tax writers to ignore. Republicans spooked world markets in their ardor to cut spending when Democrat Barack Obama was in the White House.
Truex to the top in Chicagoland practice
WHY HE'LL WIN Stewart-Haas Racing is facing lineup upheaval in 2018 with Danica Patrick out the door and maybe even Kurt Busch . The 16-driver playoffs start today with the Tale of the Turtles 400 at the 1.5-mile Chicagoland Speedway in Joliet, Illinois .
Tropical Storm Watch issued for several Caribbean islands
The storm was about 1,160 kilometres west-southwest of the Cape Verde Islands and posed no immediate threat to land. THE center of Tropical Storm Maria was located near 12.5°N, 53.7°W at or about 380 miles or 612 km east of Barbados.
Brent Stockstill to miss matchup with Minnesota
Uzura made his fourth career start after having eight touchdowns and eight interceptions in five total games a year ago. Now, the Gophers are off next week before starting the nine-game Big Ten schedule against Maryland on September 30.
BC government lifting provincial state of emergency
Wildfires continue to rage across B.C., the province warned, and those in affected communities should remain prepared. This means the Canadian Forces will be demobilizing members who've been working with the provincial wildfire service.