Richard Pzena’s 5 New Stock Picks

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1. Huntington Bancshares Incorporated (NASDAQ:HBAN)

Pzena Investment Management’s Stake Value: $48,063,000

Number of Hedge Fund Holders: 33

Ranking first on our list of Richard Pzena’s 9 new stock picks is Huntington Bancshares Incorporated (NASDAQ:HBAN), an American bank holding company from Ohio. Huntington Bancshares Incorporated (NASDAQ:HBAN) is known for being the second largest originator of Small Business Administration loans. The Huntington National Bank is a wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ:HBAN), operating 920 branches across the US. Huntington Bancshares Incorporated (NASDAQ:HBAN) is traded as a S&P 500 Component. 

Pzena’s largest investment recently was in Huntington Bancshares Incorporated (NASDAQ:HBAN). He purchased stocks worth $48.06 million in the American bank holding company. Ken Griffin’s Citadel Investment Group is the leading stakeholder in Huntington Bancshares Incorporated (NASDAQ:HBAN), with a stake of $171.3 million as of the end of June. 

Out of the 873 hedge funds monitored by Insider Monkey, 33 funds were long Huntington Bancshares Incorporated (NASDAQ:HBAN) at the end of Q2, up from 27 in the previous quarter. 

On September 7, Baird analyst David George reiterated his Outperform rating on Huntington Bancshares Incorporated (NASDAQ:HBAN), with a price target of $17. 

You can also take a look at 10 Stocks to Buy According to James Mitarotonda’s Barington Capital and Analysts are Cutting Price Targets of These 10 Stocks.

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