Huntington Bancshares (NASDAQ:HBANL) Stock Price Up 0.6% – Here’s What Happened

Huntington Bancshares Incorporated (NASDAQ:HBANLGet Free Report)’s stock price rose 0.6% during mid-day trading on Monday . The stock traded as high as $25.45 and last traded at $25.43. Approximately 27,211 shares changed hands during trading, an increase of 29% from the average daily volume of 21,150 shares. The stock had previously closed at $25.28.

Huntington Bancshares Stock Up 0.6%

The company’s 50 day moving average is $25.09 and its 200 day moving average is $25.21.

Huntington Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.4298 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.8%.

Hedge Funds Weigh In On Huntington Bancshares

A hedge fund recently bought a new stake in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Huntington Bancshares Incorporated (NASDAQ:HBANLFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,000 shares of the company’s stock, valued at approximately $25,000.

Huntington Bancshares Company Profile

(Get Free Report)

Huntington Bancshares Incorporated (NASDAQ: HBANL) is a regional bank holding company that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s offerings include personal and small-business checking and savings accounts, consumer and commercial lending, treasury management, mortgage banking, equipment finance, and wealth management services. Huntington places a strong emphasis on digital and mobile banking capabilities, aiming to deliver an integrated customer experience across online, mobile and branch channels.

Originally founded in 1866 as The P.W.

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