Heads-up Sell Cue: SunTrust Banks, Inc. (STI) stock RSI shifts to 75.83


Nationwide Fund Advisors lowered its stake in shares of SunTrust Banks, Inc. 65 funds opened positions while 210 raised stakes. Mark Sheptoff Planning Ltd Liability reported 1,656 shares or 0.17% of all its holdings. Oppenheimer And invested in 0.01% or 5,948 shares. By nature, SunTrust Banks is exposed to risky assets by lending to borrowers who may not be able to repay their loans. It also reduced Amazon Com Inc (NASDAQ:AMZN) stake by 10,048 shares and now owns 11,815 shares. (NYSE:STI). Asset Management One holds 0.12% or 816,224 shares. Analysts have placed a $63.98 price target on SunTrust Banks, Inc., suggesting a -0.91% decline from recent close.

SunTrust Banks (NYSE:STI) was boosted by Keefe Bruyette \u0026 Woods from a Market Perform rating to a solid Outperform rating in a report sent to investors and clients on 13 December. Employees Retirement Association Of Colorado holds 91,192 shares. Union Savings Bank stated it has 6,091 shares or 0.12% of all its holdings. Eaton Vance Mngmt reported 0.09% in SunTrust Banks, Inc.

Meiji Yasuda Asset Management Company Ltd, which manages about $977.57M US Long portfolio, decreased its stake in Constellation Brands Inc (NYSE:STZ) by 2,780 shares to 9,758 shares, valued at $1.89M in 2017Q2, according to the filing. FMR LLC lifted its stake in shares of SunTrust Banks by 4.3% in the 2nd quarter. Capital Fund Mngmt Sa invested in 0.03% or 58,132 shares. Jacobs Levy Equity Inc holds 405,296 shares.

Brandywine Invest Mngmt Limited accumulated 530,355 shares.

Since August 14, 2017, it had 0 buys, and 1 insider sale for $46,331 activity. Fifteen equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Westwood Holdings Group Inc. purchased a new position in SunTrust Banks during the second quarter worth $136,000. Therefore 44% are positive. Since SunTrust Banks's total deposit to total liabilities is very high at 88.57% which is well-above the prudent level of 50% for banks, SunTrust Banks may be too cautious with its level of deposits and has plenty of headroom to take on risker forms of liability. 4,405,005 shares of the company's stock traded hands, compared to its average volume of 3,400,522.

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After $0.96 actual EPS reported by Seagate Technology plc for the previous quarter, Wall Street now forecasts 19.79% EPS growth. Sumitomo Mitsui Asset Co Limited holds 0.38% in AT&T Inc. (NASDAQ: GILD ) was sold by Alton Gregg H on Monday, October 2.

SunTrust Banks, Inc. has a fifty-two week low of $51.96 and a fifty-two week high of $66.11. (NASDAQ:AREX) earned "Outperform" rating by RBC Capital Markets on Friday, August 7. As per Monday, October 17, the company rating was maintained by Credit Suisse. The firm has "Buy" rating by CLSA given on Wednesday, September 9. Zacks downgraded the shares of STI in report on Thursday, September 3 to "Hold" rating. The rating was initiated by Guggenheim on Thursday, October 8 with "Neutral". Keefe Bruyette & Woods maintained the shares of STI in report on Monday, June 5 with "Hold" rating.

The SunTrust Banks, Inc.'s average volume is 3,417.46. (NYSE:STI) has "Hold" rating given on Tuesday, October 31 by Robert W. Baird. The stock decreased 0.79% or $0.51 during the last trading session, reaching $64.06. Lastly, more shares traded means less of a spread in between the bid and the ask, which can effect your bottom line. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since December 13, 2016 and is uptrending. It has outperformed by 10.12% the S&P500.

More notable recent SunTrust Banks, Inc. They expect $1.05 earnings per share, up 16.67 % or $0.15 from last year's $0.9 per share. STI's profit will be $499.84M for 15.49 P/E if the $1.05 EPS becomes a reality. After $1.06 actual earnings per share reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts -0.94 % negative EPS growth. Calamos Advsr reported 0.03% of its portfolio in SunTrust Banks, Inc. The company has market cap of $31.11 billion. The Company's business segments include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other.

It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued. Delaware-based Riverhead Capital Ltd has invested 0.1% in SunTrust Banks, Inc. The Company's principal subsidiary is SunTrust Bank (the Bank). (STI) Ex-Dividend Date Scheduled for November 29, 2017" published on November 28, 2017 as well as Seekingalpha.com's news article titled: "SunTrust Banks: "Reasonable Value Opportunity" with publication date: "December 11, 2017.

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