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

Shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) were up 0.6% on Monday . The stock traded as high as $25.45 and last traded at $25.43. Approximately 27,211 shares were traded during trading, an increase of 29% from the average session volume of 21,150 shares. The stock had previously closed at $25.28.

Huntington Bancshares Stock Up 0.1%

The firm has a fifty day moving average of $25.10 and a two-hundred day moving average of $25.21.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a $0.4298 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.72 annualized dividend and a dividend yield of 6.8%.

Institutional Trading of Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) in the second quarter, according to its most recent filing with the SEC. The fund 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.