SunTrust Banks, Inc. (STI) Reaches $56.60 Formed H&S; Sterling Capital Management Lifted Smith A O Com (AOS) Position

July 17, 2017 - By Richard Conner

SunTrust Banks, Inc. (STI) formed H&S with $51.51 target or 9.00% below today’s $56.60 share price. SunTrust Banks, Inc. (STI) has $26.94 billion valuation. The stock decreased 1.55% or $0.89 on July 14, reaching $56.6. About shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since July 17, 2016 and is uptrending. It has outperformed by 10.12% the S&P500.

Sterling Capital Management Llc increased Smith A O Com (AOS) stake by 90.15% reported in 2016Q4 SEC filing. Sterling Capital Management Llc acquired 10,520 shares as Smith A O Com (AOS)’s stock rose 8.51%. The Sterling Capital Management Llc holds 22,190 shares with $1.05 million value, up from 11,670 last quarter. Smith A O Com now has $9.93B valuation. The stock decreased 0.09% or $0.05 on July 14, reaching $57.44. About shares traded. A. O. Smith Corp (NYSE:AOS) has risen 35.20% since July 17, 2016 and is uptrending. It has outperformed by 18.50% the S&P500.

Among 27 analysts covering Suntrust Banks Inc. (NYSE:STI), 12 have Buy rating, 1 Sell and 14 Hold. Therefore 44% are positive. Suntrust Banks Inc. had 59 analyst reports since July 20, 2015 according to SRatingsIntel. Barclays Capital maintained SunTrust Banks, Inc. (NYSE:STI) on Tuesday, January 3 with “Equal Weight” rating. The firm earned “Buy” rating on Monday, January 23 by Sandler O’Neill. On Thursday, August 27 the stock rating was upgraded by Evercore to “Hold”. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Neutral” rating by Sterne Agee CRT on Thursday, August 20. The firm has “Buy” rating by Jefferies given on Monday, April 3. As per Monday, January 25, the company rating was maintained by RBC Capital Markets. FBR Capital reinitiated the shares of STI in report on Tuesday, October 11 with “Outperform” rating. UBS initiated SunTrust Banks, Inc. (NYSE:STI) rating on Wednesday, January 11. UBS has “Neutral” rating and $58 target. The firm has “Hold” rating by BMO Capital Markets given on Friday, July 7. Deutsche Bank maintained it with “Buy” rating and $50 target in Wednesday, August 12 report.

Investors sentiment increased to 0.89 in Q4 2016. Its up 0.02, from 0.87 in 2016Q3. It increased, as 44 investors sold SunTrust Banks, Inc. shares while 254 reduced holdings. 102 funds opened positions while 164 raised stakes. 396.46 million shares or 0.52% more from 394.42 million shares in 2016Q3 were reported. Moreover, Manchester Capital Mngmt Ltd Liability Corporation has 0.02% invested in SunTrust Banks, Inc. (NYSE:STI) for 2,549 shares. Gsa Prtn Llp invested in 0.02% or 5,162 shares. Wg Shaheen And Associate Dba Whitney And holds 1.04% in SunTrust Banks, Inc. (NYSE:STI) or 50,245 shares. Fisher Asset Limited Liability Corp holds 4,277 shares or 0% of its portfolio. Putnam Invs Ltd holds 0.02% or 142,886 shares in its portfolio. South State invested 0.07% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Laurion Cap Mgmt L P holds 0.08% or 148,191 shares. Exxonmobil Invest Management Inc Tx invested 0.14% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Aviva Public Limited Company invested in 0.11% or 324,805 shares. Aqr Management Ltd invested in 8.06 million shares or 0.61% of the stock. Tarbox Grp Incorporated reported 0% in SunTrust Banks, Inc. (NYSE:STI). Commonwealth Equity invested in 40,075 shares or 0.02% of the stock. Clarkston Capital Prtnrs invested 0.03% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). James Investment Research Inc reported 0% in SunTrust Banks, Inc. (NYSE:STI). Summit Securities Group Inc Ltd Liability Company reported 0.08% of its portfolio in SunTrust Banks, Inc. (NYSE:STI).

Since January 31, 2017, it had 1 buying transaction, and 3 selling transactions for $1.95 million activity. 10,000 SunTrust Banks, Inc. (NYSE:STI) shares with value of $578,474 were sold by Fortin Raymond D. Shares for $45,291 were sold by Johnson Susan S on Wednesday, February 22. Freeman Thomas E also sold $1.34 million worth of SunTrust Banks, Inc. (NYSE:STI) shares. SCRUGGS FRANK P JR had bought 200 shares worth $11,325 on Tuesday, January 31.

Analysts await SunTrust Banks, Inc. (NYSE:STI) to report earnings on July, 21 before the open. They expect $0.98 EPS, up 10.11% or $0.09 from last year’s $0.89 per share. STI’s profit will be $466.45M for 14.44 P/E if the $0.98 EPS becomes a reality. After $0.87 actual EPS reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts 12.64% EPS growth.

Investors sentiment increased to 6.44 in 2016 Q4. Its up 5.33, from 1.11 in 2016Q3. It increased, as 37 investors sold AOS shares while 17 reduced holdings. 52 funds opened positions while 296 raised stakes. 247.64 million shares or 292.04% more from 63.17 million shares in 2016Q3 were reported. Commonwealth Bank & Trust Of reported 700 shares. Jaffetilchin Inv Prtnrs Ltd Liability Com has 0.25% invested in A. O. Smith Corp (NYSE:AOS). Virginia Retirement Et Al stated it has 0.1% of its portfolio in A. O. Smith Corp (NYSE:AOS). 187,250 were reported by Pioneer Investment Mgmt. Wealthtrust holds 84 shares or 0% of its portfolio. The Ontario – Canada-based Agf Invs America has invested 3.13% in A. O. Smith Corp (NYSE:AOS). Investec Asset Management has 20,601 shares. Gotham Asset Limited Liability Company reported 0% of its portfolio in A. O. Smith Corp (NYSE:AOS). Sumitomo Mitsui Holdg invested in 0.03% or 451,305 shares. National Bank has 13,800 shares. Northern Trust reported 0.02% stake. Independent Consultants Inc owns 0.07% invested in A. O. Smith Corp (NYSE:AOS) for 4,285 shares. Blackrock reported 278,418 shares or 0.02% of all its holdings. 87,461 were accumulated by Kbc Gp Nv. 78,000 were accumulated by Twin Inc.

Since February 6, 2017, it had 0 buys, and 17 sales for $21.12 million activity. Shares for $1.12 million were sold by Petrarca Mark A. 44,490 shares valued at $2.20M were sold by JONES PAUL W on Monday, February 6. Ackerman Patricia K sold 7,406 shares worth $365,874. Another trade for 13,600 shares valued at $739,708 was made by Wheeler Kevin J. on Thursday, May 4. 3,987 A. O. Smith Corp (NYSE:AOS) shares with value of $216,707 were sold by Lauber Charles T. $67,014 worth of A. O. Smith Corp (NYSE:AOS) shares were sold by WOLF IDELLE K. Heideman Robert J sold 30,141 shares worth $1.62M.

Among 12 analysts covering AO Smith Corp (NYSE:AOS), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. AO Smith Corp had 17 analyst reports since September 11, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, February 3 by Stifel Nicolaus. The stock of A. O. Smith Corp (NYSE:AOS) earned “Buy” rating by BMO Capital Markets on Wednesday, June 21. Maxim Group downgraded the stock to “Hold” rating in Friday, January 8 report. The stock of A. O. Smith Corp (NYSE:AOS) earned “Outperform” rating by William Blair on Friday, September 11. The firm has “Buy” rating by Jefferies given on Friday, September 23. Stifel Nicolaus maintained the shares of AOS in report on Friday, July 7 with “Hold” rating. As per Tuesday, November 3, the company rating was initiated by SunTrust. SunTrust maintained A. O. Smith Corp (NYSE:AOS) rating on Thursday, July 14. SunTrust has “Buy” rating and $103 target. The stock of A. O. Smith Corp (NYSE:AOS) has “Buy” rating given on Tuesday, November 3 by Suntrust Robinson. The firm has “Buy” rating by Jefferies given on Thursday, June 1.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: