Huntington Bancshares

Insiders may sell shares for any number of reasons, but conventional wisdom is that insiders really only buy shares of a company for one reason -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who...

Last Friday, Wells Fargo (NYSE: WFC) started off the most recent round of quarterly reports from the big U.S. banks by posting a record profit for the quarter. The company also reported that the number of mortgage loans and lending margins declined from the previous quarter. Results from many more...

Here is a quick look at some of the top-performing financial sector stocks in the past month. These companies all have a market cap of more than $500 million and their share prices are more than 15 percent higher than 30 days ago. Flagstar Bancorp (NYSE: FBC) shares are up more than 220 percent...

Here is a quick look at four financial stocks that have seen their share prices more than double in the past six months: Flagstar Bancorp (NYSE: FBC), Ocwen Financial (NYSE: OCN), Radian Group (NYSE: RDN) and Walter Investment Management (NYSE: WAC). Note that all four of them are mortgage-related...

The earnings crunch gets underway this week, with big names in the financial, technology, consumer goods and other sectors on tap to share their most recent quarterly results. Among those expected to post the biggest year-over-year gains in earnings are Abbott Labs (NYSE: ABT), BlackRock (NYSE: BLK...

This week will offer a good look at the state of the financial sector as many of the big banks share their fourth-quarter results. JP Morgan Chase (NYSE: JPM) broke the ice on Friday, reporting a decline in earnings that was more than analysts had estimated. Wells Fargo (NYSE: WFC), Goldman Sachs (...

Jefferies is out with its report today on Huntington Bancshares (NASDAQ: HBAN), reiterating Buy. In a note to clients, Jefferies writes, "We reiterate our Buy rating on HBAN following mgmt meetings. In our view, HBAN should be able to grow pre-tax, pre-provision income directionally, even with...

According to Jefferies, Huntington Bancshares (NASDAQ: HBAN) has underperformed after a strong early '11 run, and risk/reward looks attractive again with no major changes to fundamentals. Jefferies reported that shares trade at 1.45x tangible book and 9.5x normalized EPS (vs 1.65x and 10x for the...

Jefferies & Company has upgraded Huntington Bancshares (NASDAQ: HBAN) from Hold to Buy and maintains its $8 price target.

Jefferies is downgrading Huntington Bancshares (NASDAQ: HBAN) to Hold from Buy and is taking its price target to $8 (from $7). “[The] upside [is] more limited after recent rally,” Jefferies writes. “Trading at 1.6x current tangible book value per share, HBAN has closed the multiple gap relative to...