Huntington Bancshares (NASDAQ:HBANL) Trading Down 0.1% – Here’s Why

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

Huntington Bancshares Trading Down 0.1%

The stock’s fifty day moving average price is $25.25 and its two-hundred day moving average price is $25.34.

Huntington Bancshares Announces Dividend

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

Institutional Investors Weigh In On Huntington Bancshares

A hedge fund recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 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.