Insider Trading : Fri 6/2/23

Notable purchases -- Execs add to ZD; notable sales -- President/CEO active in LSTR

Buyers:

• BIG President & CEO bought 51,000 shares at $4.853 worth ~$248K.
• BOH Director bought 6,500 shares at $39.76 - $40.97 worth ~$259K.
• CLDT Director bought 8,800 shares at $18.95 worth ~$167K.
• DHC Director bought 3154,641 shares at $1.16 - $1.50 worth ~$4.3 mln.
• EIG President & CEO bought 6,880 shares at $36.46 worth ~$251K.
• EVBG Director bought 20,000 shares at $23.1521 - $23.3251 worth ~$465K.
• GO Director bought 70,000 shares at $27.99 - $29.00 worth ~$2.0 mln.
• HBAN Director bought 23,680 shares at $10.56 - $10.57 worth ~$250K.
• SLNO 10% owner Perceptive Advisors bought 35,000 shares at $5.00 - $5.80 worth ~$188K.
• TCBI Director bought 5,000 shares at $46.60 - $48.90 worth ~$238K.
• ZD Chief Executive Officer, Chief Financial Officer, and EVP/General Counsel bought 13000 shares at $58.45 - $59.14 worth ~$765K.

Sellers:

• AN 10% owner Eddie Lampert sold 55,914 shares at ~$140.756 worth ~$7.9 mln.
• DXPE Chief Marketing & Technology Officer and Sr. Vice President sold a total of 19,000 shares at ~$32.37 worth ~$615K.
• LSTR President & CEO sold 22,500 shares at $175.10 - $176.84 worth ~$4.0 mln.
• MCD EVP - Global CMO sold 2,000 shares at $285.03 - $285.10 worth ~$570K.

=Huntington Banc (HBAN) reported earnings on Thur 24 Jan 2019 (b/o)

COLUMBUS, Ohio (AP) _ Huntington Bancshares Inc. (HBAN) on Thursday reported fourth-quarter profit of $334 million.

The Columbus, Ohio-based bank said it had earnings of 29 cents per share.

The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

The regional bank holding company posted revenue of $1.39 billion in the period. Its revenue net of interest expense was $1.16 billion, which met Street forecasts.

For the year, the company reported profit of $1.39 billion, or $1.20 per share. Revenue was reported as $4.51 billion.

Huntington Bancshares shares have climbed 14 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed slightly more than 5 percent. The stock has fallen 15 percent in the last 12 months.

Earnings this week : Jan 21 - 25, 19 (wk 4)

Earnings confirmed to report this week:

Monday (Jan 21)    

• Market closed for Martin Luther King Jr. Day

Tuesday (Jan 22)

• Morning: ATI FITB GATX HAL HMST JNJ LOGI EDU PETS PLD SWK TRV
• Afternoon: AMTD CNMD COF FMBI HOPE IBKR IBM LRN LTXB NAVI RNST SFNC TBK UCBI WTFC ZION

Wednesday (Jan 23)

• Morning:  ABT APH ASML BKU BPOP CBU CMCSA HZO KMB NTRS PG PGR RES ROL SYF TDY TEL UTX WAT
• Afternoon:  ADTN AZPN BGG BXS CATY CCI CMRE CNS CP CTXS CVBF F FFBC FFIV HXL LRCX  LVS NXGN PTC RJF SLG SLM STL TCBI TER TRMK TXN UMPQ URI VAR XLNX

Thursday (Jan 24)

• Morning:  AAL AEP AIT AVX BANC BMY COLB DLX EWBC FCX GWW HBAN ISCA JBLU LUV MKC MMYT ORI RCI STM TAL TXT UNP VIVO WBS
• Afternoon: ALK ASB AVT CUBI DFS  ETFC FHB FII HTH INTC ISRG NBHC NSC OSIS RMD SBCF SBUX SIVB WAL WDC

Friday (Jan 25)

• Morning: ABBV ABCB APD CL DHI ERIC HRC IBKC LEA MOG.A NEE

-=Huntington Banc (HBAN) reported earnings on Tue 23 Oct 2018 (b/o)

Huntington Banc beats by $0.01, reports revs in-line

• Reports Q3 (Sep) earnings of $0.33 per share, $0.01 better than the S&P Capital IQ Consensus of $0.32; revenues rose 4.6% year/year to $1.15 bln vs the $1.15 bln S&P Capital IQ Consensus.
  • Net interest margin of 3.32%, up 3 basis points from the year-ago quarter
  • Common Equity Tier 1 (CET1) risk-based capital ratio of 9.89%, down from 9.94% a year ago and within our 9% to 10% operating guideline
• Expectations - 2018
  • Full-year revenues are expected to increase approximately 4.0% to 4.5%. During the 2018 fourth quarter, the company expects to realize approximately $20 million of securities losses related to portfolio restructuring. Full-year noninterest expense is expected to decrease approximately 2.0% to 2.5%.
    • During the 2018 fourth quarter, the company expects to realize approximately $40 million of expense due to the previously announced branch and corporate facility consolidations. The full-year NIM is expected to expand 2-4 basis points, as core NIM expansion more than offsets the anticipated reduction in the benefit of purchase accounting. The 2018 efficiency ratio is expected to approximate 56.5% to 57.0%.
  • Average loans and leases are expected to increase approximately 5.5% to 6.5% on an annual basis. Average total deposits are expected to increase approximately 3.5% to 4.5%, while average core deposits are expected to increase 4.5% to 5.5%.
  • Asset quality metrics are expected to remain better than our average through-the-cycle target ranges, with some moderate quarterly volatility.

Earnings this week : Oct 22 - 26, 18 (wk 43)

With 17% of the S&P 500 having reported quarterly results, reported earnings are up 22%; 81% have beat on the bottom line but only 51% have traded higher in response.

This week marks the first of three very heavy weeks of earnings reports -- almost 1/3 of the S&P 500 will report quarterly results.

Monday (October 22):

• Pre-Market: HAL, HAS, IQV, KMB, LII, PII
• After-Hours: ACC AMTD BRO CDNS CR ELS HLX HMST HNI HSTM HXL IBTX LOGI MC NBTB RNST SFNC SLM SPN SSB ZION

Tuesday (October 23):

• Pre-Market: ABG ALKS ARCH ASTE  ATI AVY AXE BIIB  CAT CIT CNC DGX EDU FBC FCB FITB FNB GATX GLW GPK HBAN HOG HUBB JBLU LMT LPT MBFI MCD MMM NEE PCAR  PHM PNR PPBI RF SLCA SNV TRU UTX VZ WAT XRX
• After-Hours:  AGR AMP BXMT CB CHFC CNI COF CSGP CSL EQR EW FCF FMBI HA HIW IEX ILMN IRBT JNPR LRN MANH MKSI NAVI NBHC NDLS NTB NWE RHI ROIC RRC SEIC SIX STL TER TRMK TSS TXN UCBI UMBF USNA VAR VMI WRB ZIXI

Wednesday (October 24):

• Pre-Market: AB ALXN APH AVX BA BABY BCO BKU BOKF BPOP BSX CHKP CRS DTE EVR FCX FSV GD GRA HLT IR ITW LAD LH MHO MKTX NDAQ NOC NSC NYCB OC PB POL QSR RES ROL SCHN SCL SIRI SLAB SLGN SMPL STM T TDY THR TMO TNC TPH TRVG TUP TZOO UMC UPS
• After-Hours:  ABX AEM AFL AGNC AHL AKR ALGN ALGT AMD ANIK ARI ASGN AX AXS AZPN CCMP CLB CLGX CLS CMRE CTXS CURO  CUZ CVBF CVRR DLB DRE ECHO EFX EIG ELY EQC ETH F FARO FFIV FNF FR FTI FWRD GG GGG GHL ICLR KN KRA KRC LJPC LM LSTR LVS MEOH MLNX MSA MSFT MTH NEU NGD NGVT NOW OII ORLY PKG PLXS PS PTC RJF SAVE SITC SNBR SRPT SUI TILE TMK TRN TSLA UNM V VRTX WHR WPG WRI WSBC XLNX  (largest:  Ford Motor (F), Microsoft (MSFT), Visa (V), Advanced Micro (AMD) and Tesla (TSLA) )

Thursday (October 25):

• Pre-Market: AAL AAN ABB AEP AIMC ALK ALLE ALLY ARD ASPS AXTA BANC BC BEN BMS BMY BUD BWA CCE CELG CFR CFX CMC CMCSA CME CMS COLB COP COR COWN CPG CRI CRR CSTM CTS DLX DNKN EIGI EME ENTG EQM EQT FAF FBP FCFS FCN GLOP GPI GRUB GWB HEES HSY IMAX IP IRDM IRM KIM KKR LANC LAZ LDOS LEA LECO LKQ LUV MCK MCRN MMC MMYT MNRO MO MRK MTRN NEM NLSN NOK NRZ NVCR NVT OAK OCN ODFL ORI PAG PATK PDS PRLB PTEN PX RCL RS RTN SAH SCG SHOP SHW SILC SJR SPG SPGI SWK SXC TAL TECK THRM TROW TSCO TWTR  UBS UBSI UNP USG VC VLO VLP VLY WM WNS WSO WST WWE XEL
• After-Hours:  ACTG AJG AKS AMZN AQ ARLO AUY AVT BGG BMRN BOOM BOOT BVN BYD CA CBLK CENX CERN CINF CLD CMG COLM CPT CUBE CUBI CVA CXP CY DECK DFS DLR DORM ELLI EMN ENVA EXPE FBHS FE FHB FII FIX FLEX FSLR FTV GCAP GDI GILD GOOG HIG HLI HTA HTH HUBG INT INTC INVA ISBC JEF KEX LEG LMAT LOGM LPLA LSCC MAT MERC MHK MMSI MPWR MSTR NATI NOV NR NTGR OFC OMCL OSIS PFG PFPT POWI PRO PSMT REG RGA RMD RSG SAM SBCF SGEN SIGI SIVB SNAP SPSC SWN SYK TMST UHS VCRA VLRS VRSN VVI WDC WRE

Friday (October 26):

• Pre-Market:  ALV AON B CHTR CL COG COL FELE GBX GRC GT GVA LPNT MCO PFS POR PSX PSXP R ROP SBSI SMP TEN TOT  VRTS VTR WETF WY ZBH

=Huntington Banc(HBAN) reported earnings on Wed 26 Oct 2016 (b/o)

Huntington Banc beats by $0.01; co expects total revenues for the full year 2016 to increase 16-18%  :

• Reports Q3 (Sep) earnings of $0.22 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.21
• FirstMerit integration proceeding as planned; branch conversion scheduled for 2017 first quarter, and required branch divestiture expected to be completed during 2016 fourth quarter
• Estimated FirstMerit annualized cost savings of $255 million are specifically identified and expected to be fully implemented within one year; potential revenue enhancements also identified and execution already begun

Expectations:

• "Our priority for the remainder of the year and for 2017 is the successful integration of FirstMerit," Steinour said. "We anticipate improving U.S. economic conditions in the fourth quarter. Guidance from the Federal Reserve also makes an interest rate increase appear likely in the near term, which would be incrementally helpful to our bottom line. We will remain diligent in the execution of our strategies, sensibly balancing investment and risk to stay on course for long-term growth. Our balance sheet optimization strategy will help rebuild our capital ratios more quickly, providing greater flexibility in our capital planning for 2017."
• "Excluding Significant Items, we expect total revenues for the full year 2016 to increase 16%-18%, while we expect noninterest expenses to increase 13%-15%. We expect to deliver positive operating leverage for the fourth consecutive year. We expect the effective tax rate for the full year 2016 to be in the 24%-25% range, excluding Significant Items which are taxed at an approximate 35% rate."