Large Outflow of Money Witnessed in Huntington Bancshares Incorporated

Huntington Bancshares Incorporated (NASDAQ:HBAN) traded on a positive note gaining 0.01 points or 0.05% to be valued at $9.32 per share. Intraday, the shares aggregated $0.39 million in upticks but saw an exodus of $4.7 million in downticks. The net money flow was calculated to be $(-4.31) million with the final up/down ratio coming in at 0.08. The share price has seen a change of -6.38% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $4.41 million in downticks. The net money flow for the block exchange was disappointing at $(-4.41) Million.

Huntington Bancshares Incorporated has lost 5.84% in the last five trading days and dropped 8.95% in the last 4 weeks. Huntington Bancshares Incorporated has dropped 3.11% during the last 3-month period . Year-to-Date the stock performance stands at -14.67%.

Currently the company Insiders own 1.65% of Huntington Bancshares Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.8% . Institutional Investors own 76.01% of Huntington Bancshares Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of 3.25%. . On the companys insider trading activities,The officer (Sr. EVP of Principal Subsidiar) of Huntington Bancshares Inc/Md, Neumeyer Daniel J. sold 9,662 shares at $10.61 on May 25, 2016. The Insider selling transaction had a total value worth of $102,514. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Huntington Bancshares Incorporated (NASDAQ:HBAN) witnessed a decline in the market cap on Friday as its shares dropped 0.11% or 0.01 points. After the session commenced at $9.3, the stock reached the higher end at $9.4 while it hit a low of $9.21. With the volume soaring to 14,017,134 shares, the last trade was called at $9.3. The company has a 52-week high of $11.9. The company has a market cap of $7,409 million and there are 796,689,080 shares in outstanding. The 52-week low of the share price is $7.83.

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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