Huntington Bancshares Inc (HBAN): Today's Featured Banking Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Huntington ( HBAN) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.1%. By the end of trading, Huntington rose $0.13 (1.5%) to $8.59 on average volume. Throughout the day, 14,355,219 shares of Huntington exchanged hands as compared to its average daily volume of 9,873,000 shares. The stock ranged in a price between $8.42-$8.62 after having opened the day at $8.49 as compared to the previous trading day's close of $8.46. Other companies within the Banking industry that increased today were: Riverview Bancorp ( RVSB), up 8.0%, Credit Suisse ( DWTI), up 6.0%, Plumas Bancorp ( PLBC), up 5.9% and Jacksonville Bancorp ( JAXB), up 5.9%.

Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial, small business, and consumer banking services. Huntington has a market cap of $7.2 billion and is part of the financial sector. Shares are up 33.5% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Huntington a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Huntington as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Pathfinder Bancorp ( PBHC), down 12.0%, Bank Bradesco ( BBDO), down 9.5%, Village Bank and Trust Financial Corporatio ( VBFC), down 9.3% and River Valley Bancorp ( RIVR), down 9.0% , were all laggards within the banking industry with Regions Financial Corporation ( RF) being today's banking industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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