.jpg "Huntington Bancshares Inc (NASDAQ: HBAN)")
Today, a Director at Huntington Bancshares Inc (NASDAQ: HBAN), Richard Neu, bought shares of HBAN for $93.63K.
This recent transaction increases Richard Neu’s holding in the company by 2.23% to a total of $4.4 million. In addition to Richard Neu, 2 other HBAN executives reported Buy trades in the last month.
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Based on Huntington Bancshares Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.35 billion and quarterly net profit of $378 million. In comparison, last year the company earned revenue of $1.2 billion and had a net profit of $275 million. HBAN’s market cap is $14.95B and the company has a P/E ratio of 11.04. Currently, Huntington Bancshares Inc has an average volume of 7.45M.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $16.88, reflecting a 18.6% upside. Five different firms, including Raymond James and RBC Capital, currently also have a Buy rating on the stock.
The insider sentiment on Huntington Bancshares Inc has been positive according to 126 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Huntington Bancshares, Inc. operates as a bank holding company. It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.
