Polaris Capital Management Has Cut By $970,200 Its General Dynamics Corp. (GD) Position; Huntington Bancshares (HBAN) Had 14 Analysts Last Week

December 10, 2017 - By Marie Mckinney

Among 26 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Huntington Bancshares Incorporated had 69 analyst reports since August 6, 2015 according to SRatingsIntel. The company was upgraded on Monday, April 3 by Jefferies. Wedbush initiated Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Friday, October 7. Wedbush has “Outperform” rating and $12 target. Robert W. Baird upgraded Huntington Bancshares Incorporated (NASDAQ:HBAN) on Wednesday, January 27 to “Outperform” rating. The firm has “Buy” rating by Piper Jaffray given on Thursday, September 14. Sterne Agee CRT upgraded the shares of HBAN in report on Wednesday, April 6 to “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, December 10. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, June 22. RBC Capital Markets maintained the shares of HBAN in report on Thursday, July 27 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, December 20 by BMO Capital Markets. The company was downgraded on Monday, November 28 by Jefferies. See Huntington Bancshares Incorporated (NASDAQ:HBAN) latest ratings:

06/12/2017 Broker: Raymond James Rating: Buy New Target: $16.0
05/12/2017 Broker: Piper Jaffray Rating: Buy New Target: $16.5 Maintain
26/10/2017 Broker: Nomura Rating: Buy Old Target: $16 New Target: $17 Maintain
26/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $14.5 Downgrade
26/10/2017 Broker: FBR Capital Rating: Hold New Target: $14.0
20/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $13.0 Maintain
20/10/2017 Broker: Jefferies Rating: Buy New Target: $16.0 Maintain
15/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $15.5 Maintain
12/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $14.25 Maintain
03/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $15.0 Maintain

Polaris Capital Management Llc decreased General Dynamics Corp. (GD) stake by 2.67% reported in 2017Q2 SEC filing. Polaris Capital Management Llc sold 4,900 shares as General Dynamics Corp. (GD)’s stock rose 3.60%. The Polaris Capital Management Llc holds 178,920 shares with $35.44 million value, down from 183,820 last quarter. General Dynamics Corp. now has $60.04 billion valuation. The stock increased 0.45% or $0.9 during the last trading session, reaching $201.07. About 1.34M shares traded or 30.00% up from the average. General Dynamics Corporation (NYSE:GD) has risen 36.41% since December 10, 2016 and is uptrending. It has outperformed by 19.71% the S&P500.

The stock increased 0.95% or $0.14 during the last trading session, reaching $14.85. About 6.53M shares traded. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 22.99% since December 10, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Investors sentiment decreased to 0.99 in 2017 Q2. Its down 0.06, from 1.05 in 2017Q1. It fall, as 43 investors sold Huntington Bancshares Incorporated shares while 180 reduced holdings. 59 funds opened positions while 162 raised stakes. 795.73 million shares or 1.70% less from 809.49 million shares in 2017Q1 were reported. Camelot Portfolios Ltd Liability Corporation owns 0.22% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 32,496 shares. Td Asset Management Incorporated, Ontario – Canada-based fund reported 357,410 shares. Winch Advisory Svcs Llc stated it has 0.76% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Manufacturers Life Insur The stated it has 12.36M shares or 0.2% of all its holdings. Greenleaf Trust owns 102,430 shares. Lmr Limited Liability Partnership owns 0.13% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 153,947 shares. Moreover, Systematic Management L P has 0.01% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 20,900 shares. Capital Guardian holds 3.74 million shares or 0.93% of its portfolio. Shell Asset Management invested in 0.02% or 64,302 shares. Fort Washington Investment Advsr Oh holds 250,329 shares. Transamerica Fincl Advsrs reported 67 shares stake. 1.48 million were reported by Citigroup Incorporated. Breton Hill Capital reported 0.2% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Mitsubishi Ufj Securities Ltd owns 80 shares for 0.01% of their portfolio. Motley Fool Asset Mngmt Lc invested in 0.28% or 100,000 shares.

Huntington Bancshares Incorporated operates as a holding firm for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company has market cap of $16.05 billion. The companyÂ’s Consumer and Business Banking segment offers financial services and products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. It has a 18.02 P/E ratio. The Company’s Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance.

Investors sentiment decreased to 0.91 in Q2 2017. Its down 0.10, from 1.01 in 2017Q1. It worsened, as 42 investors sold GD shares while 358 reduced holdings. 88 funds opened positions while 275 raised stakes. 256.53 million shares or 1.25% less from 259.78 million shares in 2017Q1 were reported. Gradient Invs Limited reported 0.04% in General Dynamics Corporation (NYSE:GD). Morgan Stanley, a New York-based fund reported 1.45M shares. State Board Of Administration Of Florida Retirement stated it has 358,253 shares or 0.2% of all its holdings. Alabama-based Cornerstone Advisors has invested 0.11% in General Dynamics Corporation (NYSE:GD). Berkshire Asset Mngmt Limited Liability Company Pa reported 5,381 shares. Catawba Cap Mngmt Va reported 4,507 shares or 0.2% of all its holdings. Third Point Ltd Liability holds 1.20 million shares. Shamrock Asset Mngmt Ltd stated it has 103 shares. Adirondack Trust Comm reported 730 shares. Parametric Assocs Ltd, Washington-based fund reported 535,361 shares. Geode Management Limited Liability Co holds 3.02 million shares or 0.23% of its portfolio. Virtus Inv Advisers reported 14,166 shares. 99,230 are owned by Comerica Retail Bank. Woodmont Counsel Limited Co holds 1,575 shares or 0.09% of its portfolio. Walter And Keenan Consulting Mi Adv owns 1,300 shares or 0.13% of their US portfolio.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on January, 26. They expect $2.40 EPS, down 8.40% or $0.22 from last year’s $2.62 per share. GD’s profit will be $716.60 million for 20.94 P/E if the $2.40 EPS becomes a reality. After $2.52 actual EPS reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -4.76% negative EPS growth.

Among 19 analysts covering General Dynamics Corporation (NYSE:GD), 12 have Buy rating, 1 Sell and 6 Hold. Therefore 63% are positive. General Dynamics Corporation had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, August 11 by Jefferies. The stock has “Outperform” rating by Credit Suisse on Thursday, October 26. The firm has “Buy” rating given on Monday, October 23 by Robert W. Baird. Cowen & Co maintained General Dynamics Corporation (NYSE:GD) on Monday, September 18 with “Buy” rating. The firm has “Neutral” rating by Citigroup given on Wednesday, March 1. The stock of General Dynamics Corporation (NYSE:GD) earned “Buy” rating by Drexel Hamilton on Monday, December 21. The company was upgraded on Wednesday, August 10 by Bernstein. Cowen & Co maintained General Dynamics Corporation (NYSE:GD) on Thursday, October 19 with “Buy” rating. The firm earned “Buy” rating on Friday, October 13 by Jefferies. The stock has “Hold” rating by Stifel Nicolaus on Thursday, April 27.

Polaris Capital Management Llc increased Allete (NYSE:ALE) stake by 5,800 shares to 438,500 valued at $31.43 million in 2017Q2. It also upped Carter’s Inc (NYSE:CRI) stake by 60,600 shares and now owns 343,251 shares. Wesco International Inc (NYSE:WCC) was raised too.

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