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 Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.2%. By the end of trading, Huntington rose $0.16 (1.8%) to $9.11 on average volume. Throughout the day, 10,719,583 shares of Huntington exchanged hands as compared to its average daily volume of 9,763,100 shares. The stock ranged in a price between $8.96-$9.15 after having opened the day at $8.97 as compared to the previous trading day's close of $8.95. Other companies within the Financial sector that increased today were: Royal Bancshares of Pennsylvania ( RBPAA), up 14.1%, Tile Shop Holdings ( TTS), up 13.9%, JGWPT Holdings Inc Class A ( JGW), up 10.6% and PowerShares DB Agriculture Short ETN ( ADZ), up 10.2%.
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 $7.4 billion and is part of the banking industry. Shares are down 7.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Huntington a buy, no analysts rate it a sell, and 13 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 and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.