An Extremely Compelling Valuation: The PNC Financial Services Group, Inc. (PNC), Huntington Bancshares Incorporated (HBAN)

HANNON MICHAEL J, Executive Vice President, sold 5,000 shares of the The PNC Financial Services Group, Inc. (NYSE:PNC) in an exchange that happened on January 22nd. The stock was sold at an average price of $124.82 per share, amounting to a transaction worth $624,099. The sale was made public in a document filed with the SEC. Additionally, Executive Vice President Reilly Robert Q sold 24,710 shares of this stock in a transaction that took place on September 14th. The stock was sold at an average price of $140.49 per share, for a total exchange amounting to $3,471,412. After the transaction, the Executive Vice President Reilly Robert Q currently holds 106,310 shares of the company’s stock, which is worth approximately $13034669.

With this stock price’s latest movement, it is now -25.05% away from its 1-year high and 13.06% higher than its 1-year low price. In the past seven days, the stock price volatility for The PNC Financial Services Group, Inc. was 1.80%, whereas its volatility in the past 30 days has been 2.01%. This public company’s stock also has a beta score of 1.07. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

The PNC Financial Services Group, Inc. (NYSE:PNC) most recently published its quarterly earnings results. The firm posted $2.82 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $2.72 by $0.10. The publicly-traded organization reported revenue of $4,357.00 million for the quarter, compared to the average analyst forecast calling for $4,348.57 million, which was surpassing the analyst consensus estimate.

Shares of The PNC Financial Services Group, Inc. (PNC) plunged -0.33%, amounting to a loss of -$0.41 per share, to finish the regular trading session at $122.61 on Wednesday 02/06/2019. After beginning the session at $122.63, shares of The PNC Financial Services Group, Inc. reached as high as $123.94 during the day, while hitting a 1-day low of $121.81. Trade volume reached 2,189,876 shares against this stock’s average daily volume of 2.81M shares, with a total float of 456.86M. As a consequence of the price decrease, The PNC Financial Services Group, Inc. now has a current market value of 56.07B.

Huntington Bancshares Incorporated (NASDAQ:HBAN) added 0.60% to its trading price by the close of the most recent session, jumping from its previous closing price of $13.30 to $13.38. This stock increased in value by -0.82% during the last 7-day period, and experienced a loss of 7.64% over the past 30-day period. In the past three months, this stock’s price lost by -6.37% , and subtracted -15.26% to its price during the last six months of trading. HBAN demonstrated a yearly price loss of -13.29% , while its year-to-date (YTD) price performance has been up 12.25% . This stock’s price changed by +20.32% compared to its 90-day low, and moved down -10.62% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the HBAN stock as “Buy”. In the short-term, Huntington Bancshares Incorporated (HBAN) has a 20-day average volume of 11,090,885 shares and short-term indicators sets the HBAN stock as “ 20% Buy ” on average basis. In the medium-term, HBAN stock has a 50-Day average volume of 12,796,526 shares and medium-term indicators gave the average rating of “ 25% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 13,071,417 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the HBAN stock as “8% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on HBAN. Jefferies, for example, Downgrade its rating on shares of Huntington Bancshares Incorporated from “Buy ” to a “ Hold”according to a research note from Monday January 28th, 2019. while giving the stock a “ Hold” from “Buy ” rating, as stated in a research report from Thursday, November 29th, 2018. Nomura, on the other hand, Downgrade a from “Buy ” to “ Neutral” rating on this stock in a research note dated Tuesday, November 13th, 2018.

In other news related to Huntington Bancshares Incorporated stock, 78.66% shares of HBAN held by institutions. The total number of institutions who held the HBAN shares was 898, according to most recent SEC filling. During the past quarter, total 834,987,730 shares held by institutions with the net change of -52,689,738 shares. In the meantime, 93 new institutions bought the shares of Huntington Bancshares Incorporated for the first time and 64 institutions sold all their holdings in the company’s common stock. 375 institutions increased their investment in the HBAN stock and 331 institutions decreased their investment in the Huntington Bancshares Incorporated (HBAN)’s stock during the last quarter.