Huntington Bancshares Inc/md (HBAN) Files Form 4 Insider Selling : Daniel J. Neumeyer Sells 9,662 Shares

Huntington Bancshares Inc/md (HBAN): Daniel J. Neumeyer , Sr. EVP of Principal Subsidiar of Huntington Bancshares Inc/md sold 9,662 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $10.61 per share for a total value of $102,545.80 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Daniel J. Neumeyer (Sr. EVP of Principal Subsidiar) sold 9,662 shares at $10.61 per share price.On May 24, 2016, David S. Anderson (EVP & Controller) sold 25,000 shares at $10.36 per share price.Also, On Mar 15, 2016, John B Jr Gerlach (director) purchased 4,000 shares at $25.00 per share price.On Mar 15, 2016, Stephen D Steinour (CEO) purchased 20,000 shares at $25.00 per share price.

Huntington Bancshares Incorporated: On Wednesday, May 25, 2016 heightened volatility was witnessed in Huntington Bancshares Incorporated which led to swings in the share price. The shares opened for trading at $10.41 and hit $10.64 on the upside , eventually ending the session at $10.62, with a gain of 2.31% or 0.24 points. The heightened volatility saw the trading volume jump to 93,95,634 shares. The 52-week high of the share price is $11.9 and the company has a market cap of $8,461 M . The 52-week low of the share price is at $7.83.

Huntington Bancshares Incorporated Money Flow Index Chart

On Apr 20, 2016, Huntington Bancshares Incorporated announced a cash dividend of $0.0700. The company’s management has announced Jun 15, 2016 as the ex-dividend date and fixed the record date on Jun 17, 2016. The payable date has been fixed on Jul 1, 2016.

Company has been under the radar of several Street Analysts.Huntington Bancshares Incorporated is Downgraded by Robert W. Baird to Neutral and the brokerage firm has set the Price Target at $12. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 26, 2016.Huntington Bancshares Incorporated is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 11 from a previous price target of $9.50 .The Rating was issued on Apr 21, 2016.Huntington Bancshares Incorporated is Upgraded by Sterne Agee CRT to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 6, 2016.

Huntington Bancshares Incorporated (Huntington) is a diversified regional bank holding company. The Company operates through its subsidiary The Huntington National Bank (the Bank). It provides commercial small business consumer and mortgage banking services automobile financing equipment leasing investment management trust services brokerage services insurance programs and other financial products and services. It operates in five segments: Retail and Business Banking Commercial Banking Automobile Finance and Commercial Real Estate Regional Banking and The Huntington Private Client Group and Home Lending. Its loan portfolio includes commercial and industrial commercial real estate construction CRE automobile home equity residential mortgage and consumer loans/leases. The Bank has approximately 14 private client group offices and 715 branches including 404 in Ohio 43 in Indiana 179 in Michigan 31 in West Virginia 48 in Pennsylvania and 10 in Kentucky.

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Huntington Bancshares Incorporated - Is it time to Sell?

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