Huntington Bancshares (HBAN) Price Target Raised to $16.50

While, the analyst predicted that the company could provide an EPS of $0.25/share. The hedge fund held 489,550 shares of the major banks company at the end of 2017Q3, valued at $6.83 million, down from 568,508 at the end of the previous reported quarter. Wellington Mgmt Group Llp holds 0.03% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 8.59 million shares.

HBAN traded at an unexpectedly low level on 01/03/2018 when the stock experienced a 0.82% gain to a closing price of $14.72. About 9.99 million shares traded or 14.76% up from the average. It has outperformed by 45.78% the S&P500.

Shaker Investments Llc increased its stake in Abiomed Inc (ABMD) by 23.44% based on its latest 2017Q3 regulatory filing with the SEC. GHP Investment Advisors Inc. now owns 149,042 shares of the bank's stock worth $2,015,000 after buying an additional 451 shares in the last quarter. Moreover, White Elm Capital Llc has 4.09% invested in the company for 1.48 million shares. Company insiders own 1.30% of the company's stock. The shares recently went up by 0.82% or $0.12 and now trades at $14.72. ConocoPhillips (NYSE:COP) has risen 9.50% since January 4, 2017 and is uptrending. It has underperformed by 1.13% the S&P500. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.96%. $899,003 worth of Gartner, Inc. (NYSE:AGU) earned "Sell" rating by Credit Agricole on Thursday, June 9.

Investors sentiment decreased to 1.17 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It dived, as 26 investors sold IT shares while 114 reduced holdings. 91 funds opened positions while 283 raised stakes. State Street Corporation holds 0.04% or 3.56 million shares. Intact Management Inc has 0.02% invested in ConocoPhillips (NYSE:COP). M&T National Bank holds 65,957 shares or 0% of its portfolio. Tributary Cap Management Ltd Liability Corporation invested in 0.04% or 37,400 shares. Odey Asset Mngmt Limited reported 0.39% in Apple Inc. Noting its average daily volume at 3.81 million shares each day over the month, this signifies a pretty significant change over the norm. With Tick up down ratio robust at 0.87, MF saw a boost of $-898.52mnFinancials sector is now positive by 0.41, and is still relatively encouraging. Comerica National Bank holds 0.02% or 27,767 shares. Pinnacle Limited Liability Co reported 407 shares. (NASDAQ:AAPL). New England Research And Mngmt Incorporated invested 1.27% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 231,329 shares. Currently Huntington Bancshares Incorporated (NASDAQ:HBAN)'s shares owned by insiders are 0.80%, whereas shares owned by institutional owners are 81.10%. Therefore 44% are positive. Huntington Bancshares Incorporated had 74 analyst reports since August 6, 2015 according to SRatingsIntel. The analysts, on average, are forecasting a $15.67 price target, but the stock is already up 21.25% from its recent lows. Morgan Stanley's price objective points to a potential upside of 10.15% from the company's current price. Jefferies maintained the shares of ABMD in report on Tuesday, June 6 with "Buy" rating. The rating was upgraded by Cowen & Co to "Market Perform" on Wednesday, May 4. On Tuesday, January 3 the stock rating was maintained by Barclays Capital with "Equal Weight".

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. The firm has "Hold" rating by Keefe Bruyette & Woods given on Thursday, October 12. On Tuesday, November 22 the stock rating was upgraded by Macquarie Research to "Outperform".

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Its down 0.03, from 0.99 in 2017Q2. It is negative, as 38 investors sold HBAN shares while 175 reduced holdings. 48 funds opened positions while 156 raised stakes.

At $0.83 per share growth HBAN is down by -13.00% year to date. 814.86 million shares or 0.93% less from 822.50 million shares in 2017Q2 were reported. Moreover, Koch Incorporated has 0.11% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 32,750 shares.

Huntington Bancshares (NASDAQ:HBAN) had its price objective lifted by investment analysts at Morgan Stanley from $14.50 to $16.50 in a research report issued to clients and investors on Wednesday, December 13th. Girard Ptnrs, Pennsylvania-based fund reported 21,386 shares. Camden Asset Mgmt LP Ca stated it has 0.23% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Girard Prtn Ltd has 0.06% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN). Fishman Jay A Ltd Mi accumulated 12,600 shares. Huntington Bancshares's dividend payout ratio is presently 39.51%. Adage Cap Group Ltd Liability has invested 0.01% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Canada Pension Plan Inv Board holds 0.01% or 385,483 shares. Shares for $2.65 million were sold by Riccio Daniel J. on Thursday, December 7. Arvest Commercial Bank Division accumulated 331,252 shares. Beese Fulmer Invest Management, Ohio-based fund reported 64,334 shares.

Winch Advisory Services Llc increased Agnc Investment Corp Com stake by 29,920 shares to 151,465 valued at $3.28M in 2017Q3. It also increased its holding in Anthem Inc by 399,589 shares in the quarter, for a total of 4.74M shares, and has risen its stake in Priceline Grp Inc (Prn). Carroll Associate Inc reported 0% in Huntington Bancshares Incorporated (NASDAQ:HBAN). They expect $3.75 earnings per share, up 11.61% or $0.39 from last year's $3.36 per share. HBAN's profit will be $281.05M for 14.15 P/E if the $0.26 EPS becomes a reality. After $-0.23 actual earnings per share reported by Agrium Inc. for the previous quarter, Wall Street now forecasts -504.35% EPS growth.

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