Suntrust Banks Inc (NYSE:STI) Big Money Quarterly Sentiment at 1.04

June 27, 2018 - By Clyde Turner

SunTrust Banks, Inc. (NYSE:STI) Corporate Logo

Suntrust Banks Inc’s Sentiment

“Big money sentiment for Suntrust Banks Inc (NYSE:STI) in 2018 Q1 decreased to 1.04, according to SEC.gov filings. That’s down -0.05, from 2017Q4’s 1.09. 309 active investment managers started new or increased equity positions, while 296 trimmed and sold stakes in Suntrust Banks Inc so the sentiment fall. Funds own 380.01 million shares, down from 381.57 million shares in 2017Q4. Funds holding Suntrust Banks Inc in top 10 changed to 15 from 9 for an increase of 6. In total 50 funds closed positions, 246 reduced and 215 increased. Also 94 funds bought new Suntrust Banks Inc stakes.

Significant Suntrust Banks Inc Shareholders

As of 2018 Q1 Elizabeth Park Capital Advisors Ltd. has 4.75% invested in Suntrust Banks Inc. As of 2018 Q1, 66,509 shares of Suntrust Banks Inc are owned by Gator Capital Management Llc. Css Llc Il reported 1.23 million shares. Washington Capital Management Inc revealed 53,850 shares position in Suntrust Banks Inc. The Connecticut-based fund Gillespie Robinson & Grimm Inc holds 409,255 shares or 3.64% of their fund’s portfolio.

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 worth $30.78 billion. It operates through three divisions: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking.The P/E ratio is 14.81. 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 $66.22 during the last trading session after 0.10% change.SunTrust Banks, Inc. has volume of 1.04M shares. Since June 27, 2017 STI has risen 26.44% and is uptrending. STI outperformed the S&P500 by 13.87%.

SunTrust Banks, Inc. (NYSE:STI)’s earnings release is anticipated by WallStreet on July, 20, Faxor reports. The earnings per share diference is $0.26 or 25.24 % up from last years number. Previous year: $1.03; Analysts forcast: $1.29. This could reach $599.63M profit for STI assuming the current $1.29 earnings per share will become reality. Analysts at Wall Street see SunTrust Banks, Inc.’s 0.00 % EPS growth compared to $1.29 earnings per share for previous quarter.

Cookson Peirce & Company holds 2.68% or 435,393 shs. Greenwood Capital Assocs Limited Liability Co accumulated 85,867 shs. Huber Capital Mgmt Limited Company has invested 1.4% in SunTrust Banks, Inc. (NYSE:STI). Goldman Sachs Group Incorporated reported 0.11% of its capital in SunTrust Banks, Inc. (NYSE:STI). Deutsche Bank & Trust Ag invested 0.05% of its capital in SunTrust Banks, Inc. (NYSE:STI). Coastline Co invested in 0.04% or 3,645 shs. Geode Limited Liability has 0.12% invested in SunTrust Banks, Inc. (NYSE:STI) for 5.39 million shs. Prescott Gru Management Ltd Limited Liability Company reported 12,000 shs. 3,025 were accumulated by Pinnacle Advisory Group. Amalgamated Comml Bank accumulated 58,624 shs. Moreover, Commercial Bank Of The Ozarks has 0.12% invested in SunTrust Banks, Inc. (NYSE:STI). Yhb Advsr Incorporated holds 0.63% or 54,451 shs in its capital. Aull And Monroe Investment Mgmt holds 4,486 shs or 0.16% of its capital. Aviance Prtn Ltd Liability Corporation stated it has 0.09% of its capital in SunTrust Banks, Inc. (NYSE:STI). Rfg Advisory Grp Ltd Liability Corporation invested 0.21% of its capital in SunTrust Banks, Inc. (NYSE:STI).

SunTrust Banks, Inc. had 6 insider sales and 2 buys since January 23, 2018. This’s net activity of $2.29 million. $395,760 worth of SunTrust Banks, Inc. (NYSE:STI) shs were bought by VOORHEES STEVEN C. Another trade for 8,750 shs valued at $604,275 was made by Lienhard Jerome T on Monday, May 14. Johnson Susan S sold $255,737 worth of SunTrust Banks, Inc. (NYSE:STI) or 3,600 shs on Tuesday, February 20. 1,500 shs were sold by Scanlan Agnes Bundy, worth $101,025. SCRUGGS FRANK P JR bought 1,000 shs worth $69,010. Another trade for 11,000 shs valued at $759,000 was sold by Cummins Hugh S. III.

SunTrust Banks, Inc. (NYSE:STI) Ratings Coverage

In total 15 analysts cover SunTrust Banks (NYSE:STI). “Buy” rating has 7, “Sell” are 0, while 8 are “Hold”. (NYSE:STI) has 47% bullish analysts. 23 are the (NYSE:STI)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Sunday, April 22 the stock has “Buy” rating by Jefferies. On Wednesday, April 4 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Friday, February 2 Morgan Stanley maintained SunTrust Banks, Inc. (NYSE:STI) with “Overweight” rating. On Monday, April 23 the firm has “Market Perform” rating by BMO Capital Markets given. On Friday, April 20 the stock has “Buy” rating by Vining Sparks. On Monday, January 8 Jefferies maintained the shares of STI in report with “Buy” rating. On Tuesday, April 10 the rating was maintained by Susquehanna with “Hold”. On Monday, April 23 Stephens downgraded the shares of STI in report to “Hold” rating. On Tuesday, January 2 the company was maintained by Barclays Capital. On Friday, January 19 the stock has “Hold” rating by Sandler O’Neill.

A couple more SunTrust Banks, Inc. (NYSE:STI) news were published by: Benzinga.com which released on June 27, 2018 “Benzinga’s Top Upgrades, Downgrades For June 27, 2018”, also Bizjournals.com on June 11, 2018 published “Confirmed: SunTrust to move its Orlando HQ to Church Street Plaza”, the next Bizjournals.com is “Exclusive: SunTrust Center owner to renovate iconic downtown office tower” on June 12, 2018. Seekingalpha.com has article titled “SunTrust expands aging services industry group nationally”.

SunTrust Banks, Inc. (NYSE:STI) Institutional Investors Chart

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