Huntington Bancshares (NASDAQ:HBANL) Trading Down 0.3% – Time to Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANL)’s stock price traded down 0.3% during trading on Wednesday . The company traded as low as $25.11 and last traded at $25.11. 6,995 shares changed hands during trading, a decline of 65% from the average session volume of 19,901 shares. The stock had previously closed at $25.19.

Huntington Bancshares Trading Down 0.3%

The business’s fifty day moving average is $25.23 and its 200 day moving average is $25.40.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a $0.4298 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Wednesday, July 1st.

Institutional Investors Weigh In On Huntington Bancshares

A hedge fund recently bought a new stake in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,000 shares of the company’s stock, valued at approximately $25,000.

About Huntington Bancshares

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.