Top 5 occupations of HU’s 2nd quarter

HUNTINGTON NATIONAL BANK recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

Huntington National Bank is an American banking company based in Columbus, Ohio. The Huntington National Bank was formerly known as the Huntington National Bank of Columbus before deciding to shorten its name to the present Huntington National Bank in 1979. The bank was incorporated in 1866 and has grown significantly to become the one of the major banking institutions in the United States. The company operates as a banking subsidiary of Huntington Bancshares Inc., which has total assets of more than $69 billion and is ranked in the Fortune 1000. Huntington National Bank provides a variety of banking services to its customers through of the company itself and of affiliated companies. The bank caters to a variety of customers, providing services such as checking accounts, money market accounts, health savings accounts, credit cards, auto loans, personal loans, retirement, cash management, risk management, employee compensation, government loans and capital solutions. , trust services, specialty banking, commercial real estate, mortgage banking, online services, payment collection, HARP refinancing and many more. Huntington National Bank and its parent company Huntington Bancshares facilitate its growth through acquisitions, most recently merging with Sky Financial Group Inc. in 2007 and acquiring 11 Bank of America offices in 2014. The bank currently has more than 700 branches with the largest number of banking offices in the state of Ohio, which alone has more than 400 Huntington National Bank branches, and also has offices located in Michigan, Pennsylvania, Indiana, West Virginia, Kentucky and Florida, in descending order of office locations. Huntington National Bank invests the most in the financial sector, which alone accounts for more than a quarter of its total asset allocations, and also invests in the sectors of information technology, health care, energy, consumer staples, industrials, utilities and telecommunications, among others. to a lesser extent, in descending order of allocation.

According to the latest 13F report, the guru’s stock portfolio contained 3385 stocks valued at a total of $9.29 billion. The top holdings were AAPL (4.02%), MSFT (3.53%) and IJR (2.66%).

According to data from GuruFocus, these were HUNTINGTON NATIONAL BANK’s top five deals of the quarter.

Prologis inc.

HUNTINGTON NATIONAL BANK reduced its investment in NYSE:PLD by 231,590 shares. The transaction had an impact of 0.35% on the equity portfolio. During the quarter, the stock traded at an average price of $138.62.

On 08/10/2022, Prologis Inc traded at a price of $134.32 per share and a market capitalization of $99.01 billion. The stock has returned 5.58% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, Prologis Inc has a price/earnings ratio of 26.81, a price/book ratio of 2.89, a price/earnings/growth (PEG) ratio of 6.54, an EV/Ebitda ratio of 19.56 and a price-to-sales ratio of 21.17.

The GF price/value ratio is 1.13, giving the stock a GF value rank of 3.

Intuitive Surgery Inc

HUNTINGTON NATIONAL BANK reduced its investment in NAS:ISRG by 122,474 shares. The transaction had an impact of 0.34% on the equity portfolio. During the quarter, the stock traded at an average price of $235.67.

As of 08/10/2022, Intuitive Surgical Inc traded at a price of $238.12 per share and a market capitalization of $84.70 billion. The stock has returned -28.54% over the past year.

GuruFocus gives the company a financial strength rating of 10 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Intuitive Surgical Inc has a price/earnings ratio of 60.36, a price/book ratio of 7.04, a price/earnings/growth (PEG) ratio of 5.16, an EV/Ebitda ratio of 39.50 and a price-to-sales ratio of 14.56.

The GF price/value ratio is 0.77, giving the stock a GF value rank of 10.

American Electric Power Co. Inc.

During the quarter, HUNTINGTON NATIONAL BANK purchased 294,127 shares of NAS:AEP for a total holding of 412,910. The transaction had a 0.31% impact on the equity portfolio. During the quarter, the stock traded at an average price of $99.12.

On 8/10/2022, American Electric Power Co Inc traded at a price of $101.05 per share and a market capitalization of $51.74 billion. The stock has returned 16.99% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, American Electric Power Co Inc has a price-to-earnings ratio of 19.83, a price-to-book ratio of 2.14, a price-to-earnings-to-growth (PEG) ratio of 1.89, an EV /Ebitda of 12.21 and a price-to-sales ratio of 2.87.

The GF price/value ratio is 1.03, giving the stock a GF value rank of 5.

Constellation Brands Inc.

During the quarter, HUNTINGTON NATIONAL BANK purchased 125,190 shares of NYSE:STZ for a total holding of 173,103. The transaction had a 0.31% impact on the equity portfolio. During the quarter, the stock traded at an average price of $243.17.

On 10/08/2022, Constellation Brands Inc traded at a price of $241.7 per share and a market capitalization of $45.26 billion. The stock has returned 11.02% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, Constellation Brands Inc has a price/earnings ratio of 36.22, a price/book ratio of 3.91, an EV/EBITDA ratio of 22.83 and a price/sales ratio of 5.12.

The GF price-to-value ratio is 1.07, giving the stock a GF value rank of 5.

Rockwell Automation Inc.

HUNTINGTON NATIONAL BANK reduced its investment in NYSE:ROK by 115,391 shares. The transaction had an impact of 0.3% on the equity portfolio. During the quarter, the stock traded at an average price of $226.69.

On 08/10/2022, Rockwell Automation Inc traded at a price of $253 per share and a market capitalization of $29.10 billion. The stock has returned -19.45% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Rockwell Automation Inc has a price/earnings ratio of 44.00, a price/book ratio of 12.14, a price/earnings/growth (PEG) ratio of 4.84, an EV/Ebitda ratio of 32.38 and a price-to-sales ratio of 3.96.

The GF price/value ratio is 0.92, giving the stock a GF value rank of 7.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

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