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Huntington Bancshares (NASDAQ:HBANM) Trading 0.3% Higher

Defense World ·  Jan 26, 2023 02:35

Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Rating) shares traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as $23.61 and last traded at $23.61. 13,978 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 20,455 shares. The stock had previously closed at $23.55.

Huntington Bancshares Stock Up 0.3 %

The company has a 50 day simple moving average of $22.39 and a 200-day simple moving average of $23.16.

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Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Wednesday, February 15th will be paid a $0.3563 dividend. This represents a $1.43 annualized dividend and a dividend yield of 6.04%. The ex-dividend date of this dividend is Tuesday, February 14th.

Institutional Trading of Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. Connectus Wealth LLC purchased a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Rating) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 104,775 shares of the company's stock, valued at approximately $2,410,000.

Huntington Bancshares Company Profile

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Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG).

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