Huntington Bancshares (NASDAQ:HBANL) Trading Down 0.1% – Should You Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANL)’s stock price were down 0.1% during trading on Thursday . The stock traded as low as $24.65 and last traded at $24.85. 15,583 shares traded hands during trading, a decline of 25% from the average daily volume of 20,726 shares. The stock had previously closed at $24.87.

Huntington Bancshares Stock Performance

The business has a 50-day moving average price of $25.24 and a two-hundred day moving average price of $25.33.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.4298 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.72 dividend on an annualized basis and a yield of 6.9%.

Institutional Investors Weigh In On Huntington Bancshares

An institutional investor recently bought a new stake in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 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.