Huntington Bancshares (NASDAQ:HBANL) Stock Price Down 0.5% – Should You Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANL) shares traded down 0.5% on Thursday . The company traded as low as $25.62 and last traded at $25.68. 25,702 shares changed hands during trading, an increase of 9% from the average session volume of 23,631 shares. The stock had previously closed at $25.80.

Huntington Bancshares Trading Down 0.5%

The business’s fifty day moving average price is $25.67 and its two-hundred day moving average price is $25.31.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st will be issued a $0.4298 dividend. This represents a $1.72 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Wednesday, October 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. purchased a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $26,000.

About Huntington Bancshares

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.