Today, the Senior EVP of Principal Sub. of Huntington Bancshares Inc (NASDAQ: HBAN), Mark E. Thompson, bought shares of HBAN for $39.89K.
Following Mark E. Thompson’s last HBAN Buy transaction on May 05, 2015, the stock climbed by 3.8%. In addition to Mark E. Thompson, one other HBAN executive 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 $14.43B and the company has a P/E ratio of 10.66. Currently, Huntington Bancshares Inc has an average volume of 14.12M.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $16.88, reflecting a 25.9% upside. Five different firms, including Raymond James and RBC Capital, currently also have a Buy rating on the stock.
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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.
