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Algebris UK Ltd. Buys $38.45M Stake in Huntington Bancshares

Huntington Bancshares logoHuntington Bancshares
Sig1.65Sen+1.20Env0.00Soc0.00Gov+0.40

Algebris UK Ltd. acquired 2,175,752 shares of Huntington Bancshares for about $38,455,000. Centennial Bank AR and Johnson Financial Group also added smaller positions. The transactions leave the insider owning about 70,025 shares and the director owning 612,155 shares. Analysts cited in the data maintained Moderate Buy/overweight views and raised some price targets.

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