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Arizona State Retirement System Lowered Holding in Nvidia (NVDA) as Share Value Rose; Huntington Bancshares (HBAN) Holding Boosted by Opus Investment Management Inc

Huntington Bancshares Incorporated (NASDAQ:HBAN) Logo

Opus Investment Management Inc increased its stake in Huntington Bancshares (HBAN) by 26.05% based on its latest 2018Q1 regulatory filing with the SEC. Opus Investment Management Inc bought 34,000 shares as the company’s stock declined 5.80% with the market. The institutional investor held 164,500 shares of the major banks company at the end of 2018Q1, valued at $2.48M, up from 130,500 at the end of the previous reported quarter. Opus Investment Management Inc who had been investing in Huntington Bancshares for a number of months, seems to be bullish on the $17.07 billion market cap company. The stock increased 0.52% or $0.08 during the last trading session, reaching $15.45. About 5.37 million shares traded. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 17.33% since June 21, 2017 and is uptrending. It has outperformed by 4.76% the S&P500. Some Historical HBAN News: 10/05/2018 – S&PGR Raises 2 Huntington National Bank-Related Ratings; 30/05/2018 – Huntington Bank 2017 Environmental, Social and Governance Report Benchmarks Corporate Social Responsibility Performance; 23/05/2018 – Huntington Banc Presenting at Deutsche Bank Conference May 30; 27/04/2018 – S&P: Huntington Bancshares Rating Reflects Good Financial Performance

Arizona State Retirement System decreased its stake in Nvidia Corp (NVDA) by 1.42% based on its latest 2018Q1 regulatory filing with the SEC. Arizona State Retirement System sold 2,300 shares as the company’s stock rose 1.09% while stock markets declined. The institutional investor held 159,362 shares of the semiconductors company at the end of 2018Q1, valued at $36.91 million, down from 161,662 at the end of the previous reported quarter. Arizona State Retirement System who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $159.22B market cap company. The stock increased 0.82% or $2.14 during the last trading session, reaching $262.31. About 9.07M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 80.30% since June 21, 2017 and is uptrending. It has outperformed by 67.73% the S&P500. Some Historical NVDA News: 27/03/2018 – Nvidia halts self-driving tests in wake of Uber accident; 24/05/2018 – Nvidia Presenting at Royal Bank of Canada Conference May 31; 21/04/2018 – DJ NVIDIA Corporation, Inst Holders, 1Q 2018 (NVDA); 19/04/2018 – NVIDIA Sets Conference Call for First-Quarter Financial Results; 27/05/2018 – Nigeria Today: Nvidia to reveal new GeForce cards for gamers, miners in March, sources say -; 19/04/2018 – The key chip partner for Apple and Nvidia blamed “softening” high-end smartphone demand and being more conservative on the cryptocurrency mining market for its weak guidance; 27/03/2018 – NVIDIA Introduces DRIVE Constellation Simulation System to Safely Drive Autonomous Vehicles Billions of Miles in Virtual Reality; 10/05/2018 – CNBC’s Jim Cramer praises Nvidia co-founder and CEO Jensen Huang ahead of the computer chipmaker’s quarterly earnings scheduled for after Thursday’s closing bell; 27/03/2018 – GTC 2018: Liqid and Inspur to Offer Composable GPU-Centric Rack-Scale Solution Powered by NVIDIA Graphics Processing Technology; 10/05/2018 – CNBC’s Jim Cramer praises Nvidia CEO and co-founder Jensen Huang ahead of the computer chipmaker’s quarterly earnings after Thursday’s closing bell

Arizona State Retirement System, which manages about $9.91 billion US Long portfolio, upped its stake in Firstenergy Corp (NYSE:FE) by 16,300 shares to 300,159 shares, valued at $10.21 million in 2018Q1, according to the filing. It also increased its holding in Simmons First Natl Corp Cl A (NASDAQ:SFNC) by 58,063 shares in the quarter, for a total of 123,626 shares, and has risen its stake in Iron Mountain Inc (NYSE:IRM).

Investors sentiment decreased to 1.2 in Q1 2018. Its down 0.01, from 1.21 in 2017Q4. It worsened, as 65 investors sold NVDA shares while 328 reduced holdings. 142 funds opened positions while 328 raised stakes. 357.39 million shares or 1.72% less from 363.65 million shares in 2017Q4 were reported. Next Grp Incorporated holds 0.5% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 10,250 shares. Bb&T holds 0.01% or 2,338 shares in its portfolio. Teachers Retirement Of The State Of Kentucky holds 125,313 shares or 0.35% of its portfolio. Rech & Mngmt Com owns 17,125 shares. Moreover, First Foundation Advsrs has 0.26% invested in NVIDIA Corporation (NASDAQ:NVDA). Capital accumulated 730,000 shares or 0.04% of the stock. Linscomb And Williams holds 980 shares or 0.02% of its portfolio. Cypress Capital Ltd (Wy) holds 14,540 shares or 3.86% of its portfolio. Miracle Mile Advsr Ltd Liability Corp invested in 0.14% or 5,791 shares. Stifel Finance Corp stated it has 196,612 shares. Creative Planning holds 0.19% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 205,500 shares. 12,613 were reported by Bender Robert & Associate. Fund Management Sa invested 0.32% in NVIDIA Corporation (NASDAQ:NVDA). Captrust owns 1,386 shares. Schroder Inv Gp reported 400,927 shares or 0.16% of all its holdings.

Since February 12, 2018, it had 0 insider purchases, and 11 sales for $65.87 million activity. 5,141 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $1.13M were sold by Drell Persis. Shoquist Debora also sold $7.67M worth of NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, March 27. SEAWELL A BROOKE sold $5.57M worth of NVIDIA Corporation (NASDAQ:NVDA) on Monday, June 4. Another trade for 17,307 shares valued at $3.94 million was made by PERRY MARK L on Monday, February 12. $3.71 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Byron Michael. 44,900 shares were sold by Puri Ajay K, worth $11.23 million.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on August, 9. They expect $1.64 earnings per share, up 78.26% or $0.72 from last year’s $0.92 per share. NVDA’s profit will be $995.48M for 39.99 P/E if the $1.64 EPS becomes a reality. After $1.88 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -12.77% negative EPS growth.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Is Nvidia Overpriced Now?” on June 01, 2018, also Fool.com with their article: “Bullish on NVIDIA? You’ll Love These Stocks” published on June 10, 2018, Finance.Yahoo.com published: “Here’s How Microsoft Is Investing in AI” on June 20, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Seekingalpha.com and their article: “In Case We’re Wrong About Nvidia” published on June 04, 2018 as well as Globenewswire.com‘s news article titled: “NVIDIA Announces Upcoming Events for Financial Community” with publication date: May 23, 2018.

Among 45 analysts covering Nvidia Corporation (NASDAQ:NVDA), 27 have Buy rating, 3 Sell and 15 Hold. Therefore 60% are positive. Nvidia Corporation had 206 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Friday, August 7 by Stifel Nicolaus. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Friday, May 11 by Rosenblatt. M Partners maintained the shares of NVDA in report on Wednesday, December 30 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Friday, February 9. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Reduce” rating given on Thursday, February 23 by Instinet. The rating was downgraded by Pacific Crest on Tuesday, April 4 to “Underweight”. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 11. The rating was initiated by Argus Research with “Buy” on Friday, March 18. Barclays Capital upgraded NVIDIA Corporation (NASDAQ:NVDA) rating on Friday, November 11. Barclays Capital has “Equal Weight” rating and $72 target. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Wednesday, August 9 by Jefferies.

Opus Investment Management Inc, which manages about $8.16 billion and $544.83M US Long portfolio, decreased its stake in Consolidated Edison Inc. (NYSE:ED) by 7,400 shares to 24,001 shares, valued at $1.87M in 2018Q1, according to the filing. It also reduced its holding in Public Svc Enterprise Group (NYSE:PEG) by 12,000 shares in the quarter, leaving it with 115,400 shares, and cut its stake in Cisco Systems Inc. (NASDAQ:CSCO).

Investors sentiment increased to 1.35 in 2018 Q1. Its up 0.13, from 1.22 in 2017Q4. It improved, as 33 investors sold HBAN shares while 163 reduced holdings. 86 funds opened positions while 178 raised stakes. 802.30 million shares or 1.72% more from 788.75 million shares in 2017Q4 were reported. First Amer Bancorporation has invested 0.16% in Huntington Bancshares Incorporated (NASDAQ:HBAN). 274 were accumulated by Cwm Limited Liability Company. Ameriprise Financial reported 7.45 million shares. 154,333 are owned by First Merchants Corp. 457,657 are held by First Quadrant Limited Partnership Ca. Parametric Associate Limited Co holds 3.02 million shares. Dupont Cap reported 5,387 shares stake. Da Davidson Communication invested in 16,822 shares or 0.01% of the stock. Carnegie Cap Asset Mngmt Limited Liability has invested 0.21% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Tiverton Asset Mgmt Ltd accumulated 0% or 4,549 shares. Kentucky Retirement System Trust Fund holds 0.08% or 25,236 shares. Mitsubishi Ufj & has invested 0.06% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Ssi Investment Mngmt Incorporated stated it has 0.21% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Mitsubishi Ufj Holdings Limited has 0% invested in Huntington Bancshares Incorporated (NASDAQ:HBAN). Sterling Management Ltd Liability Corp reported 95,620 shares.

Since May 4, 2018, it had 0 buys, and 4 insider sales for $1.77 million activity. $380,817 worth of stock was sold by Neumeyer Daniel J. on Tuesday, May 15. PORTEOUS DAVID L had sold 62,000 shares worth $933,823 on Thursday, May 24. The insider Maloney Nancy E sold $28,460.

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 94 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, November 28. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, June 22. The firm earned “Neutral” rating on Wednesday, January 24 by Hilliard Lyons. The firm has “Buy” rating given on Wednesday, September 13 by Jefferies. The company was maintained on Tuesday, January 2 by Robert W. Baird. The rating was maintained by Sandler O’Neill with “Buy” on Tuesday, January 23. The company was maintained on Tuesday, April 24 by Piper Jaffray. On Monday, February 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Buy” rating given on Wednesday, January 24 by Bank of America. The firm earned “Buy” rating on Tuesday, January 23 by Piper Jaffray.

Another recent and important Huntington Bancshares Incorporated (NASDAQ:HBAN) news was published by Streetinsider.com which published an article titled: “Bank investors await US stress test results for capital returns” on June 21, 2018.

Huntington Bancshares Incorporated (NASDAQ:HBAN) Institutional Positions Chart

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