KBC Group NV has reduced its stock holdings in
Huntington Bancshares Incorporated, while
Smith Group Asset Management LLC and
Pacer Advisors Inc. have increased their positions. Despite performing weaker than its competitors on certain days, the stock has shown strong trading performance. The bank's prime rate has repeatedly been adjusted, most recently dropping to 7.5%. The firm's Q4 2024 earnings jumped 127% year-over-year, contributing to a record fee income. The company has maintained a steady dividend program, declaring cash dividend on its Series I Preferred Stock and a 5.70% Preferred Stock Dividend. Financial analyst
Jim Cramer views HBAN as promising, citing potential for earnings growth. The firm is also focusing on expansion in the Carolinas. Despite this, some shareholders like
Manning & Napier Advisors LLC have sold significant HBAN shares. The firm is due to host an Investor Day on February 6, 2025, and it's noted that HBAN shares have been bought by prominent companies like
Donoghue Forlines LLC and
Avanza Fonder AB. The firm's latest earnings beat predictions, with strong loan and deposit figures reported.
Huntington Bancshares HBAN News Analytics from Fri, 19 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 21:16:04 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -2
