(NYSE:STI) are owned by insiders with 82.91% six-month change in the insider ownership. The institutional investor held 19,467 shares of the finance company at the end of 2017Q2, valued at $1.10 million, up from 12,875 at the end of the previous reported quarter. Advisory Services Network LLC increased its holdings in SunTrust Banks by 0.9% in the second quarter.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. ETRADE Capital Management LLC boosted its holdings in shares of SunTrust Banks by 359.6% during the 3rd quarter. Advisory Services Network LLC now owns 2,140 shares of the financial services provider's stock valued at $121,000 after acquiring an additional 20 shares in the last quarter.
The market experts are predicting a 14.84% rally, based on the high target price ($74) for SunTrust Banks, Inc. shares that is likely to be hit in the 52 weeks. Amalgamated Bank now owns 55,435 shares of the financial services provider's stock worth $3,313,000 after purchasing an additional 1,080 shares during the period. Macquarie Group Ltd. boosted its position in shares of SunTrust Banks by 1.1% during the 3rd quarter. Huntington National Bank now owns 2,809 shares of the financial services provider's stock valued at $159,000 after purchasing an additional 80 shares during the last quarter. Krilogy Financial LLC now owns 5,153 shares of the financial services provider's stock valued at $292,000 after acquiring an additional 90 shares in the last quarter. Finally, Commerce Bank boosted its position in SunTrust Banks by 293.8% in the third quarter. (NYSE:TJX) news were published by: Seekingalpha.com which released: "Featured Stocks In November's Dividend Growth Model Portfolio" on December 07, 2017, also Investorplace.com with their article: "Is TJX Companies Inc". Also, Director Kyle P. Legg sold 3,300 shares of the company's stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $60.06, for a total value of $240,240.00.
In other news, Vice Chairman Mark A. Chancy sold 4,000 shares of the company's stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $21.82, for a total value of $72,006.00. The disclosure for this sale can be found here.
STI has been the topic of a number of recent research reports.
Among 27 analysts covering The TJX Companies (NYSE:TJX), 24 have Buy rating, 0 Sell and 3 Hold. Finally, FBR & Co set a $65.00 target price on shares of SunTrust Banks and gave the stock a "buy" rating in a research report on Monday, April 24th. Evercore ISI lowered shares of SunTrust Banks to a "buy" rating in a research report on Friday, March 3rd. Seventeen analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The SMA 50/200 for SunTrust Banks, Inc.
Shares of SunTrust Banks, Inc. (NYSE STI) traded up 1.46% during trading on Thursday, reaching $54.15. 5,400,524 shares of the company's stock traded hands, compared to its average volume of 3,386,762. During the same period in the previous year, the company posted $0.84 earnings per share. Suntrust Banks Inc. has $70 highest and $40 lowest target. The firm has a market cap of $30,480.41, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.72 and a beta of 1.29.
SunTrust Banks, Inc. (NYSE:STI) now has a Montier C-score of -1.00000. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.07. Return on assets is 18.40% and Return on equity (ROE) is 52.80% while it's Return on Investment (ROI) of 33.60%. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.30 billion. During the same quarter in the prior year, the business posted $0.91 earnings per share. The ROIC 5 year average of SunTrust Banks, Inc. Investors of record on Thursday, November 30th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Friday, May 26th. Voya Investment Limited Liability Com has 0.03% invested in SunTrust Banks, Inc.
In taking a look at some other notable technicals, SunTrust Banks, Inc. If you are reading this story on another publication, it was stolen and republished in violation of United States & global trademark & copyright laws. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since December 6, 2016 and is uptrending. The original version of this piece can be accessed at https://www.truebluetribune.com/2017/12/07/suntrust-banks-inc-sti-holdings-reduced-by-investec-asset-management-north-america-inc.html. Douglass Winthrop Advsrs Lc holds 0.05% of its portfolio in SunTrust Banks, Inc.