<div id="readability-page-1" class="page"><p><span>Huntington Bancshares (NASDAQ:HBAN - Get Free Report)</span> had its price objective dropped by research analysts at Truist Financial  from $21.00 to $19.00 in a research note issued on Friday,Benzinga reports. The firm presently has a &#34;buy&#34; rating on the bank's stock. Truist Financial's target price would suggest a potential upside of 23.48% from the company's current price.</p><div><p><span></span><span>Get <strong>Huntington Bancshares</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 03/09 - 03/13</li></ul><p>Other research analysts have also recently issued research reports about the company. Wolfe Research  reaffirmed an &#34;outperform&#34; rating and set a $21.00 target price on shares of Huntington Bancshares in a research note on Wednesday, January 7th. Royal Bank Of Canada  reaffirmed an &#34;outperform&#34; rating and issued a $21.00 price objective on shares of Huntington Bancshares in a research report on Monday, January 12th. Evercore initiated coverage on Huntington Bancshares in a research report on Tuesday, February 3rd. They set an &#34;outperform&#34; rating and a $21.00 target price for the company. The Goldman Sachs Group  restated a &#34;buy&#34; rating and issued a $21.00 price target on shares of Huntington Bancshares in a report on Tuesday, January 6th. Finally, Weiss Ratings  reaffirmed a &#34;buy (b-)&#34; rating on shares of Huntington Bancshares in a research note on Thursday, January 22nd. One research analyst  has rated the stock with a Strong Buy rating, fourteen have issued  a Buy rating, four have assigned  a Hold rating and one  has issued  a Sell rating to the company. According to data from MarketBeat, Huntington Bancshares presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $20.68.</p><p><b>View Our Latest Analysis on HBAN</b></p><h2>Huntington Bancshares Trading Down 0.6%</h2><ul><li>Huntington Bancshares Is Chasing a Bigger Growth Story</li></ul><p>HBAN traded down $0.09 during trading on Friday, reaching $15.39. The company had a trading volume of 23,651,071 shares, compared to its average volume of 36,373,313. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.80. The business has a 50 day simple moving average of $17.57 and a 200-day simple moving average of $17.05. The stock has a market cap of $31.23 billion, a P/E ratio of 11.05, a PEG ratio of 0.63 and a beta of 0.95. Huntington Bancshares has a 52 week low of $11.91 and a 52 week high of $19.45. </p><p>Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last announced its earnings results on Thursday, January 22nd. The bank reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.03). Huntington Bancshares had a net margin of 17.71% and a return on equity of 11.98%. The firm had revenue of $1.61 billion during the quarter, compared to analysts' expectations of $2.21 billion. During the same period in the prior year, the company posted $0.34 EPS.  On average, equities analysts anticipate that  Huntington Bancshares will post 1.39 EPS for the current fiscal year. </p><h2>Insider Buying and Selling</h2><ul><li>Regional Banking Sector Near a Critical Inflection Point</li></ul><p>In other Huntington Bancshares news, VP Brantley J. Standridge sold 5,830 shares of the company's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $19.14, for a total transaction of $111,586.20. Following the completion of the sale, the vice president owned 327,676 shares in the company, valued at $6,271,718.64. This represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, VP Brendan A. Lawlor sold 17,455 shares of Huntington Bancshares stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $18.93, for a total value of $330,423.15. Following the completion of the transaction, the vice president owned 42,398 shares in the company, valued at $802,594.14. This represents a 29.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 27,700 shares of company stock valued at $540,401 and have sold 33,285 shares valued at $627,009. 0.89% of the stock is currently owned by corporate insiders. </p><h2>Institutional Trading of Huntington Bancshares</h2><p>Institutional investors have recently modified their holdings of the company. Sagespring Wealth Partners LLC boosted its stake in  Huntington Bancshares by 2.4% in the fourth quarter. Sagespring Wealth Partners LLC now owns 25,217 shares of the bank's stock valued at $438,000 after acquiring an additional 587 shares in the last quarter.  MCF Advisors LLC raised its position in  Huntington Bancshares by 12.6% during the 4th quarter. MCF Advisors LLC now owns 5,438 shares of the bank's stock worth $95,000 after buying an additional 609 shares during the last quarter.  Parcion Private Wealth LLC lifted its stake in  Huntington Bancshares by 6.2% during the 3rd quarter. Parcion Private Wealth LLC now owns 11,081 shares of the bank's stock valued at $191,000 after acquiring an additional 648 shares during the period.  Strategic Planning Inc. boosted its holdings in shares of  Huntington Bancshares by 0.3% in the 3rd quarter. Strategic Planning Inc. now owns 199,318 shares of the bank's stock valued at $3,442,000 after acquiring an additional 670 shares during the last quarter.  Finally, Rehmann Capital Advisory Group increased its stake in shares of  Huntington Bancshares by 4.3% in the third quarter. Rehmann Capital Advisory Group now owns 16,881 shares of the bank's stock worth $292,000 after acquiring an additional 694 shares during the period. 80.72% of the stock is currently owned by institutional investors. </p><h2>About Huntington Bancshares</h2> (Get Free Report)<p>Huntington Bancshares Incorporated <span>NASDAQ: HBAN<span></span></span> is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company's operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.  </p><p>Huntington's product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.</p><h2>See Also</h2><ul><li>Five stocks we like better than Huntington Bancshares</li><li>The gold chart Wall Street is terrified of…</li><li>Elon Musk already made me a “wealthy man”</li><li>Unlocked: Elon Musk’s Next Big IPO</li><li>Silver paying 20% dividend. Plus 68% share gains</li><li>1,500 Banks Just Handed the Fed Your Bank Account</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SEJBTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SEJBTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Huntington Bancshares Right Now?</h2><p>Before you consider Huntington Bancshares, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Huntington Bancshares wasn't on the list.</p><p>While Huntington Bancshares currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Truist Financial has lowered its price target for Huntington Bancshares (NASDAQ:HBAN) from $21.00 to $19.00 while maintaining a "buy" rating. This suggests a potential upside of 23.48% from the current price of $15.39. Other analysts have also issued ratings, with an average consensus price target of $20.68. Huntington Bancshares recently reported earnings of $0.37 per share, missing estimates, and has a market cap of $31.23 billion. Insider trading activity shows recent sales by company executives.</p>

Truist Financial Issues Pessimistic Forecast for Huntington Bancshares (NASDAQ:HBAN) Stock Price