Economy

SunTrust Banks, Inc. (STI) Position Lifted by Veritable LP

Elizabeth Park Capital Advisors Ltd bought 20,000 shares as the company's stock declined 9.30% while stock markets rallied.

SunTrust Banks, Inc. has a 12 month low of $35.10 and a 12 month high of $61.69. The stock increased 0.05% or $0.03 on September 28, reaching $59.3. The Baker Avenue Asset Management Lp holds 24,305 shares with $1.38M value, up from 16,973 last quarter. About shares traded. SunTrust Banks, Inc. It has outperformed by 10.12% the S&P500.

Los Angeles Capital Management & Equity Research Inc decreased its stake in Peoples United Financia (PBCT) by 8.61% based on its latest 2017Q2 regulatory filing with the SEC. Brown Capital Management Llc owns 5.75 million shares or 1.91% of their U.S. portfolio. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued. The company was able to keep return on investment at 11.60% in the last twelve months. The stock increased 0.34% or $0.06 during the last trading session, reaching $17.97. Analysts, on average, seem bullish as they suggest BCRX is worth $3.83 more, giving a target price of $9.11 a share. (NASDAQ:PBCT) has risen 9.82% since September 28, 2016 and is uptrending. It has underperformed by 23.46% the S&P500. This is not a recommendation to buy or sell SunTrust Banks, Inc.

A number of equities research analysts have recently weighed in on the company. First Retail Bank has invested 0.04% in SunTrust Banks, Inc.

As the P/E goes up, it shows that current investor sentiment is that the company is worth more. Its down 0.05, from 0.97 in 2017Q1. It dived, as 51 investors sold STI shares while 249 reduced holdings. SunTrust Banks, Inc. has had 3 insider trades in the last 3 months, including 0 open market buys and 3 sells. STI share have rallied by 8.06% in percentage terms since the start of the year - and added 6.28% in the last month. Oppenheimer Asset stated it has 74,336 shares. Guggenheim Cap Ltd reported 865,666 shares. There has been an observed change of -4.76% in the ownership of the shares in the past six months. Loring Wolcott Coolidge Fiduciary Advisors Ltd Liability Partnership Ma invested 0% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Davenport And Lc invested in 0% or 57,887 shares. (NYSE:STI). 16,568 were reported by Intrust Financial Bank Na. Franklin Resources has 0.18% invested in SunTrust Banks, Inc.

Shares of Astoria Financial Corporation (NYSE:AF) are making a strong comeback as they have jumped 53.3% since bottoming out at $14.11 on November 03, 2016. The firm exchanged a volume of 3.68 million shares at hands. Oxbow Advsr Limited Liability Co has invested 0.05% in SunTrust Banks, Inc. If you are viewing this story on another publication, it was illegally stolen and republished in violation of US & worldwide trademark & copyright law. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have issued a buy rating to the stock. Therefore 45% are positive. SunTrust Banks had a net margin of 20.51% and a return on equity of 8.48%. Bernstein downgraded SunTrust Banks, Inc. The firm has "Hold" rating given on Wednesday, August 5 by Canaccord Genuity.

01/23/2017 - SunTrust Banks, Inc. had its "outperform" rating reiterated by analysts at FBR Capital Markets. BidaskClub raised shares of SunTrust Banks from a "hold" rating to a "buy" rating in a research report on Wednesday, June 14th. Piper Jaffray Companies restated a "buy" rating and issued a $63.00 target price on shares of SunTrust Banks in a research note on Monday, August 28th.

01/23/2017 - SunTrust Banks, Inc. was upgraded to "buy" by analysts at Sandler O'Neill. (NYSE:STI). Brown Brothers Harriman And Communication reported 277 shares or 0% of all its holdings. The company maintains price to book ratio of 1.27. Since an alpha above 1 hints at more gains, investors can predict some further rally scope. Its up 0.21, from 1.2 in 2017Q1. Over the past full-year, shares have performed 36.04%. 38 funds opened positions while 154 raised stakes. The legal version of this piece of content can be viewed at https://www.equitiesfocus.com/2017/09/29/bluestein-r-h-co-purchases-290693-shares-of-suntrust-banks-inc-sti.html. Independent Consultants, a Florida-based fund reported 4,920 shares. (NASDAQ:PBCT) for 165,333 shares.

American International Group, Inc. World Asset reported 31,266 shares or 0.02% of all its holdings. Its shares have trimmed -3.87% since hitting a peak level of $61.69 on March 01, 2017. The institutional ownership stake in the corporation is 86.80%. During the same period past year, the company earned $0.94 EPS. The financial services provider reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.05. The stock has "Neutral" rating by Robert W. Baird on Monday, June 5. Therefore 90% are positive.

STI from Financial exhibited a market capitalization of 28.64B. (NASDAQ:PBCT) on Tuesday, December 20 to "Mkt Perform" rating.

12/15/2016 - SunTrust Banks, Inc. had its "buy" rating reiterated by analysts at RBC Capital. (NYSE:STI) earned "Neutral" rating by UBS on Wednesday, January 11. The company was downgraded on Thursday, September 3 by Zacks. The New York-based Catalyst Capital has invested 0.54% in SunTrust Banks, Inc. It also increased its holding in Hca Holdings Inc (NYSE:HCA) by 18,444 shares in the quarter, for a total of 298,606 shares, and has risen its stake in General Mls Inc (NYSE:GIS).



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