Zpr Investment Management Has Cut Its Lgi Homes (LGIH) Position; Huntington Bancshares (HBAN) Covered By 17 Bullish Analysts Last Week

April 17, 2018 - By Hazel Jackson

LGI Homes, Inc. (NASDAQ:LGIH) Logo

Zpr Investment Management decreased Lgi Homes Inc (LGIH) stake by 60.92% reported in 2017Q4 SEC filing. Zpr Investment Management sold 36,581 shares as Lgi Homes Inc (LGIH)’s stock declined 3.40%. The Zpr Investment Management holds 23,465 shares with $1.76 million value, down from 60,046 last quarter. Lgi Homes Inc now has $1.60B valuation. The stock increased 1.77% or $1.245 during the last trading session, reaching $71.695. About 123,622 shares traded. LGI Homes, Inc. (NASDAQ:LGIH) has risen 115.57% since April 17, 2017 and is uptrending. It has outperformed by 104.02% the S&P500.

Among 31 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 17 have Buy rating, 0 Sell and 14 Hold. Therefore 55% are positive. Huntington Bancshares Incorporated had 90 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by PiperJaffray on Friday, August 11 to “Overweight”. Keefe Bruyette & Woods maintained the shares of HBAN in report on Thursday, October 12 with “Hold” rating. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) has “Neutral” rating given on Wednesday, January 24 by Hilliard Lyons. Keefe Bruyette & Woods maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Wednesday, April 4. Keefe Bruyette & Woods has “Hold” rating and $16.7500 target. As per Friday, January 22, the company rating was maintained by FBR Capital. Jefferies maintained it with “Buy” rating and $16.0 target in Friday, October 20 report. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) earned “Hold” rating by Evercore on Thursday, April 21. BMO Capital Markets maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) on Friday, July 21 with “Buy” rating. The rating was upgraded by Hilliard Lyons to “Buy” on Monday, July 24. The rating was initiated by Wedbush on Friday, October 7 with “Outperform”. See Huntington Bancshares Incorporated (NASDAQ:HBAN) latest ratings:

04/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $16.7500 Maintain
22/03/2018 Broker: UBS Rating: Buy New Target: $20 Initiates Coverage On
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $17.0 Maintain
09/02/2018 Broker: Hilliard Lyons Old Rating: Neutral New Rating: Buy Upgrade
25/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $16 New Target: $17 Maintain
24/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $16.75 Maintain
23/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $18.0 Maintain
24/01/2018 Broker: Macquarie Research Rating: Hold New Target: $16.5 Downgrade
23/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $18.0 Maintain
23/01/2018 Broker: Jefferies Rating: Buy New Target: $17.0 Maintain

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 $15.90 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 14.37 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.

The stock decreased 1.67% or $0.24 during the last trading session, reaching $14.43. About 5.14 million shares traded. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 14.67% since April 17, 2017 and is uptrending. It has outperformed by 3.12% the S&P500.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.26, from 0.96 in 2017Q3. It improved, as 33 investors sold Huntington Bancshares Incorporated shares while 155 reduced holdings. 66 funds opened positions while 164 raised stakes. 788.75 million shares or 0.31% less from 791.23 million shares in 2017Q3 were reported. Metropolitan Life Ins Ny invested in 0.03% or 167,419 shares. Cranbrook Wealth Mgmt Lc owns 3,505 shares. Gideon Advsrs reported 0.37% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Point72 Asia (Hong Kong) stated it has 0.05% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Kentucky Retirement Tru Fund owns 0.07% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 28,706 shares. Utd Serv Automobile Association holds 0.01% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 338,518 shares. State Common Retirement Fund has invested 0.04% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Carret Asset Mngmt Limited Liability Company reported 0.09% stake. Private Na invested 0.03% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Gamco Invsts Et Al owns 0.02% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 253,100 shares. Commerzbank Aktiengesellschaft Fi stated it has 23,369 shares or 0% of all its holdings. Pitcairn has invested 0.04% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN). Johnson Counsel owns 55,483 shares. Northwestern Mutual Wealth owns 0% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN) for 29,339 shares. Elizabeth Park Cap Advisors Limited stated it has 4.55% of its portfolio in Huntington Bancshares Incorporated (NASDAQ:HBAN).

Analysts await LGI Homes, Inc. (NASDAQ:LGIH) to report earnings on May, 8. They expect $0.77 earnings per share, up 48.08% or $0.25 from last year’s $0.52 per share. LGIH’s profit will be $17.19M for 23.28 P/E if the $0.77 EPS becomes a reality. After $1.43 actual earnings per share reported by LGI Homes, Inc. for the previous quarter, Wall Street now forecasts -46.15% negative EPS growth.

Among 6 analysts covering LGI Homes (NASDAQ:LGIH), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. LGI Homes had 18 analyst reports since August 6, 2015 according to SRatingsIntel. JMP Securities maintained the shares of LGIH in report on Wednesday, November 8 with “Market Outperform” rating. The stock of LGI Homes, Inc. (NASDAQ:LGIH) has “Neutral” rating given on Tuesday, October 3 by Wedbush. On Wednesday, November 8 the stock rating was maintained by Wedbush with “Hold”. Wells Fargo upgraded the shares of LGIH in report on Tuesday, May 16 to “Market Perform” rating. JP Morgan downgraded LGI Homes, Inc. (NASDAQ:LGIH) on Wednesday, August 9 to “Neutral” rating. As per Thursday, September 29, the company rating was initiated by Wells Fargo. The stock of LGI Homes, Inc. (NASDAQ:LGIH) has “Outperform” rating given on Tuesday, February 13 by Wedbush. The rating was initiated by Wedbush with “Neutral” on Tuesday, December 6. Sidoti initiated the shares of LGIH in report on Tuesday, December 29 with “Buy” rating. The firm has “Hold” rating given on Friday, August 7 by Zacks.

Since October 18, 2017, it had 1 insider purchase, and 8 insider sales for $9.26 million activity. Another trade for 5,791 shares valued at $369,487 was sold by Lipar Jack Anthony. $98,321 worth of LGI Homes, Inc. (NASDAQ:LGIH) was sold by Eaton Rachel Lyons on Thursday, March 15. $264,402 worth of LGI Homes, Inc. (NASDAQ:LGIH) was sold by Britton Margaret Mary on Thursday, March 15. The insider Lipar Eric Thomas sold $1.80M. Edone Ryan had bought 1,400 shares worth $78,901. 16,967 shares valued at $1.08 million were sold by Merdian Charles Michael on Thursday, March 15. Snider Michael Larry sold $1.33 million worth of stock.

LGI Homes, Inc. (NASDAQ:LGIH) Institutional Positions Chart

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