Suntrust Banks Inc’s Sentiment
In 2018 Q4 Suntrust Banks Inc (NYSE:STI) big money sentiment decreased to 0.86, SEC.gov filings reveal. That’s down -0.37, from 2018Q3’s 1.23. 296 hedge funds opened new or increased holdings, while 343 sold and reduced stakes in Suntrust Banks Inc so the sentiment has dropped. Funds own 322.58 million shares, down from 356.40 million shares in 2018Q3. Funds holding Suntrust Banks Inc in top 10 decreased from 4 to 3 for a decrease of 1. In total 74 funds closed positions, 269 reduced and 205 increased. Also 91 funds bought new Suntrust Banks Inc stakes.
Largest Suntrust Banks Inc Investors
Gator Capital Management Llc owns 59,823 shares in Suntrust Banks Inc as of 2018 Q4. As of 2018 Q4, 1.02 million shares of Suntrust Banks Inc are owned by Sirios Capital Management L P. Furthermore, Fsi Group Llc reported 47,269 shares in Suntrust Banks Inc equivalent to 3.04% of its US long stock exposure. The Connecticut-based fund Endeavour Capital Advisors Inc have invested about 3.02% of the investment manager’s stock portfolio in Suntrust Banks Inc. The California-based fund First Western Capital Management Co looks positive on Suntrust Banks Inc, having 6,238 shares.
SunTrust Banks, Inc. operates as the holding firm for SunTrust Bank that provides various financial services for consumers, businesses, firms, and institutions in the United States.The firm is valued at $27.67 billion. It operates through three divisions: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking.10.88 is the P/E ratio. The Consumer Banking and Private Wealth Management segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; and professional investment management and trust services, as well as family office solutions.
Ticker’s shares touched $62.44 during the last trading session after 1.95% change.SunTrust Banks, Inc. has volume of 1.92M shares. Since April 2, 2018 STI has declined 4.15% and is downtrending. The stock underperformed the S&P 500 by 8.52%.
SunTrust Banks, Inc. (NYSE:STI)’s earnings report is awaited by WallStreet on April, 19, RTT reports. Analysts expect change of 0.78 % or $0.01 from previous year’s $1.29 earnings per share compared to current’s $1.30 earnings per share. STI’s profit could be $576.17 million with 12.01 P/E in case $1.30 earnings per share is announced. Wall Street forecasts -13.33 % negative EPS growth as of April, 19.
First Quadrant L P Ca stated it has 24,425 shs. Geode Cap Mgmt Ltd Liability Co reported 6.30 million shs. Drexel Morgan And Company stated it has 7,388 shs. 61,263 are held by Patten And Patten Tn. S&Co Inc has invested 0.1% in SunTrust Banks, Inc. (NYSE:STI). Ing Groep Nv invested in 0.06% or 52,249 shs. Clark Grp Inc stated it has 0.43% in SunTrust Banks, Inc. (NYSE:STI). Brandywine Global Invest Management Ltd Co has invested 0.21% in SunTrust Banks, Inc. (NYSE:STI). First American National Bank owns 18,910 shs or 0.07% of their US capital. Cap Fund Management Sa holds 0.02% in SunTrust Banks, Inc. (NYSE:STI) or 50,069 shs. 5,624 are held by Zeke Capital Advisors Limited Com. Virginia Retirement Sys Et Al accumulated 10,000 shs or 0.01% of the stock. Welch Gru Limited Company has 2,544 shs for 0.02% of their capital. Hennessy Advsrs accumulated 32,000 shs. Kwmg Limited Liability Co reported 0% in SunTrust Banks, Inc. (NYSE:STI).
SunTrust Banks, Inc. (NYSE:STI) Ratings Coverage
In total 11 analysts cover SunTrust Banks (NYSE:STI). “Buy” rating has 1, “Sell” are 0, while 10 are “Hold”. 9% are bullish. 15 are the (NYSE:STI)’s analyst reports since October 15, 2018 according to StockzIntelligence Inc. On Monday, March 11 Morgan Stanley downgraded the shares of STI in report to “Equal-Weight” rating. On Friday, February 8 the rating was downgraded by Sandler O’Neill to “Hold”. On Wednesday, January 2 the stock has “Outperform” rating by Robert W. Baird. On Monday, October 22 the firm has “Market Perform” rating by BMO Capital Markets given. On Monday, October 15 the stock of SunTrust Banks, Inc. (NYSE:STI) earned “Buy” rating by FBR Capital. On Monday, February 11 the stock has “Market Perform” rating by BMO Capital Markets. On Friday, February 8 the firm has “Neutral” rating given by Macquarie Research. On Monday, March 4 UBS downgraded SunTrust Banks, Inc. (NYSE:STI) to “Neutral” rating. On Friday, March 8 the company was maintained by Nomura. The stock rating was downgraded by Robert W. Baird to “Neutral” on Monday, January 28.
More recent SunTrust Banks, Inc. (NYSE:STI) news were announced by Gurufocus.com, Globenewswire.com and Investorplace.com. The first one has “SunTrust Celebrates Diversity Month with Recognition for its Commitment to Inclusion – GuruFocus.com” as a title and was announced on April 01, 2019. The next is “HFBC, NUBK, STI, and TCF SHAREHOLDER ALERT: Rigrodsky & Long, PA Reminds Investors of Investigations of Buyouts – GlobeNewswire” on March 04, 2019. And last was announced on April 01, 2019, called “15 Stocks to Buy Leading the Financial Charge – Investorplace.com”.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.