Huntington Bancshares (NASDAQ:HBANL) Trading Down 0.6% – Time to Sell?

Shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) were down 0.6% during trading on Wednesday . The company traded as low as $25.10 and last traded at $25.12. Approximately 16,143 shares traded hands during trading, a decline of 17% from the average daily volume of 19,341 shares. The stock had previously closed at $25.27.

Huntington Bancshares Stock Performance

The company has a fifty day moving average price of $25.51 and a 200-day moving average price of $25.58.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given a $0.4298 dividend. The ex-dividend date is Wednesday, April 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. acquired a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $25,000.

Huntington Bancshares Company Profile

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.