Suntrust Bks INC (STI) Stake Has Boosted by Woodley Farra Manion Portfolio Management Inc

April 23, 2018 - By Clifton Ray

SunTrust Banks, Inc. (NYSE:STI) LogoInvestors sentiment increased to 1.09 in 2017 Q4. Its up 0.18, from 0.91 in 2017Q3. It improved, as 38 investors sold STI shares while 239 reduced holdings. 100 funds opened positions while 202 raised stakes. 381.57 million shares or 1.65% more from 375.36 million shares in 2017Q3 were reported. 37 are held by Cwm Ltd Company. New York-based Laurion Cap LP has invested 0% in SunTrust Banks, Inc. (NYSE:STI). Dubuque Bankshares And Communication reported 1,309 shares or 0.01% of all its holdings. 449,219 are held by Barclays Pcl. Kings Point Cap holds 0.06% in SunTrust Banks, Inc. (NYSE:STI) or 4,305 shares. Scout Invs Inc stated it has 614,367 shares. Mastrapasqua Asset Management Inc has invested 0.68% in SunTrust Banks, Inc. (NYSE:STI). Homrich And Berg holds 3,792 shares. Cookson Peirce Co accumulated 200,378 shares or 1.21% of the stock. Advisors Asset Mgmt holds 0.01% or 6,714 shares in its portfolio. Riverhead Cap Mgmt Ltd Limited Liability Company has 29,947 shares for 0.08% of their portfolio. Aperio Lc has 0.11% invested in SunTrust Banks, Inc. (NYSE:STI). Greenwood Assoc Limited Liability Com accumulated 1.31% or 87,208 shares. Geode Cap Mngmt Ltd Com owns 5.12M shares or 0.11% of their US portfolio. Putnam Fl owns 0.47% invested in SunTrust Banks, Inc. (NYSE:STI) for 79,753 shares.

Since January 23, 2018, it had 0 insider purchases, and 3 selling transactions for $1.29 million activity. 29,248 shares were sold by Lienhard Jerome T, worth $507,911. Another trade for 3,600 shares valued at $255,737 was sold by Johnson Susan S.

Woodley Farra Manion Portfolio Management Inc increased its stake in Suntrust Bks Inc (STI) by 392.73% based on its latest 2017Q4 regulatory filing with the SEC. Woodley Farra Manion Portfolio Management Inc bought 78,546 shares as the company’s stock rose 1.41% while stock markets declined. The institutional investor held 98,546 shares of the finance company at the end of 2017Q4, valued at $6.37M, up from 20,000 at the end of the previous reported quarter. Woodley Farra Manion Portfolio Management Inc who had been investing in Suntrust Bks Inc for a number of months, seems to be bullish on the $31.72B market cap company. The stock increased 1.33% or $0.8899 during the last trading session, reaching $67.7299. About 1.55 million shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 22.73% since April 23, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

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

Among 17 analysts covering SunTrust Banks (NYSE:STI), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. SunTrust Banks had 26 analyst reports since October 26, 2017 according to SRatingsIntel. Credit Suisse maintained SunTrust Banks, Inc. (NYSE:STI) on Wednesday, March 14 with “Neutral” rating. Vining Sparks initiated SunTrust Banks, Inc. (NYSE:STI) on Friday, April 20 with “Buy” rating. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, October 31. BMO Capital Markets maintained the stock with “Hold” rating in Friday, April 20 report. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Hold” rating by Barclays Capital on Tuesday, January 2. The firm has “Hold” rating by FBR Capital given on Monday, January 22. The firm earned “Overweight” rating on Monday, January 8 by Morgan Stanley. Wedbush downgraded the shares of STI in report on Thursday, December 21 to “Neutral” rating. The firm has “Hold” rating by BMO Capital Markets given on Monday, December 18. The firm earned “Buy” rating on Friday, January 19 by RBC Capital Markets.

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

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