Tnb Financial Has Raised Suntrust Banks INC (STI) Holding

SunTrust Banks, Inc. (NYSE:STI) LogoInvestors sentiment decreased to 0.86 in Q4 2018. Its down 0.37, from 1.23 in 2018Q3. It is negative, as 74 investors sold STI shares while 269 reduced holdings. 91 funds opened positions while 205 raised stakes. 322.58 million shares or 9.49% less from 356.40 million shares in 2018Q3 were reported. Stevens Cap Mgmt LP reported 283,239 shares. Denali Advsrs holds 0.02% of its portfolio in SunTrust Banks, Inc. (NYSE:STI) for 1,900 shares. Royal Commercial Bank Of Canada has invested 0.07% in SunTrust Banks, Inc. (NYSE:STI). Rnc Cap Management Limited Liability Corporation has 5,051 shares for 0.02% of their portfolio. Bb&T Secs Ltd Company holds 89,188 shares or 0.05% of its portfolio. Piedmont Advsrs has 70,191 shares for 0.17% of their portfolio. Aviva Public Limited Com has 169,494 shares for 0.06% of their portfolio. Davenport And Co Limited Co holds 0.04% or 58,620 shares in its portfolio. 156,745 are owned by United Services Automobile Association. Clark Cap Management Gp Inc reported 318,790 shares. The California-based Lpl Financial Limited Liability Corporation has invested 0.01% in SunTrust Banks, Inc. (NYSE:STI). Group One Trading Ltd Partnership reported 3,780 shares. Suntrust Banks stated it has 0.46% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Smith Chas P Pa Cpas has 6,808 shares. Eagle Global Advsrs Ltd Llc invested in 200,602 shares or 0.44% of the stock.

Tnb Financial increased its stake in Suntrust Banks Inc. (STI) by 2104.47% based on its latest 2018Q4 regulatory filing with the SEC. Tnb Financial bought 140,284 shares as the company’s stock rose 4.96% with the market. The institutional investor held 146,950 shares of the finance company at the end of 2018Q4, valued at $7.41 million, up from 6,666 at the end of the previous reported quarter. Tnb Financial who had been investing in Suntrust Banks Inc. for a number of months, seems to be bullish on the $28.20B market cap company. The stock decreased 0.49% or $0.31 during the last trading session, reaching $63.56. About 802,048 shares traded. SunTrust Banks, Inc. (NYSE:STI) has declined 4.15% since May 8, 2018 and is downtrending. It has underperformed by 8.52% the S&P500.

More notable recent SunTrust Banks, Inc. (NYSE:STI) news were published by: Bizjournals.com which released: “SunTrust CEO: When to expect new name for bank resulting from BB&T merger – Orlando Business Journal” on April 23, 2019, also Bizjournals.com with their article: “Merged SunTrust/BB&T bank ranked eighth largest in U.S. – Charlotte Business Journal” published on April 30, 2019, Finance.Yahoo.com published: “STI ALERT: Monteverde & Associates PC Is Investigating SunTrust Banks, Inc. – Yahoo Finance” on May 03, 2019. More interesting news about SunTrust Banks, Inc. (NYSE:STI) were released by: Prnewswire.com and their article: “SunTrust Opens Private Wealth Management Office in Boston – PRNewswire” published on May 06, 2019 as well as Investorplace.com‘s news article titled: “5 Best ETFs to Make Some Bank on Financial Stocks – Investorplace.com” with publication date: May 01, 2019.

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

Among 10 analysts covering SunTrust Banks (NYSE:STI), 0 have Buy rating, 0 Sell and 10 Hold. Therefore 0 are positive. SunTrust Banks had 15 analyst reports since December 7, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, January 2 by Robert W. Baird. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, April 22. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Hold” rating given on Friday, February 8 by Sandler O’Neill. The rating was downgraded by UBS on Monday, March 4 to “Neutral”. The firm earned “Hold” rating on Friday, March 8 by Nomura. The firm earned “Neutral” rating on Friday, February 8 by Macquarie Research. Credit Suisse maintained the stock with “Neutral” rating in Friday, December 7 report. The rating was downgraded by Jefferies to “Hold” on Tuesday, January 8. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Neutral” rating by Robert W. Baird on Monday, January 28. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Equal-Weight” rating given on Monday, March 11 by Morgan Stanley.

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

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