Ledyard National Bank Lowered Suntrust Banks (STI) Holding; First Fiduciary Investment Counsel Cut Its Novartis Ag Adr (NVS) Holding

Ledyard National Bank decreased Suntrust Banks Inc (STI) stake by 3.52% reported in 2017Q3 SEC filing. Ledyard National Bank sold 5,720 shares as Suntrust Banks Inc (STI)’s stock declined 9.30%. The Ledyard National Bank holds 156,806 shares with $9.37M value, down from 162,526 last quarter. Suntrust Banks Inc now has $30.75B valuation. The stock decreased 1.30% or $0.85 during the last trading session, reaching $64.59. About 2.56 million shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since January 1, 2017 and is uptrending. It has outperformed by 10.12% the S&P500.

First Fiduciary Investment Counsel Inc decreased Novartis Ag Adr (NVS) stake by 5.12% reported in 2017Q3 SEC filing. First Fiduciary Investment Counsel Inc sold 12,570 shares as Novartis Ag Adr (NVS)’s stock rose 4.17%. The First Fiduciary Investment Counsel Inc holds 232,833 shares with $19.99M value, down from 245,403 last quarter. Novartis Ag Adr now has $198.88 billion valuation. The stock decreased 0.34% or $0.29 during the last trading session, reaching $83.96. About 756,085 shares traded. Novartis AG (NYSE:NVS) has risen 7.67% since January 1, 2017 and is uptrending. It has underperformed by 9.03% the S&P500.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.01, from 0.92 in 2017Q2. It dropped, as 65 investors sold STI shares while 235 reduced holdings. 69 funds opened positions while 205 raised stakes. 375.36 million shares or 2.72% less from 385.84 million shares in 2017Q2 were reported. Prudential Plc owns 191,085 shares. First Western Mgmt has 0.39% invested in SunTrust Banks, Inc. (NYSE:STI) for 11,144 shares. Shell Asset Mgmt has 0.05% invested in SunTrust Banks, Inc. (NYSE:STI). Hudson Valley Inv Adv reported 61,594 shares. Cibc Asset Inc has 55,901 shares. Jacobus Wealth Inc invested in 3,244 shares. Proshare Advsr accumulated 152,414 shares or 0.08% of the stock. Trustmark Bank Tru Department owns 50,703 shares for 0.35% of their portfolio. Dana Invest Advisors reported 6,142 shares. Commonwealth Comml Bank Of reported 83,465 shares. Winslow Evans And Crocker holds 0% or 102 shares. Bremer National Association has 32,279 shares. Cantab Capital Ptnrs Llp has 0.12% invested in SunTrust Banks, Inc. (NYSE:STI). Marshall Wace Llp owns 10,402 shares. Bancorp Of Stockton, California-based fund reported 12,190 shares.

Analysts await SunTrust Banks, Inc. (NYSE:STI) to report earnings on January, 19 before the open. They expect $1.05 EPS, up 16.67% or $0.15 from last year’s $0.9 per share. STI’s profit will be $499.84 million for 15.38 P/E if the $1.05 EPS becomes a reality. After $1.06 actual EPS reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts -0.94% negative EPS growth.

Since August 14, 2017, it had 0 insider purchases, and 1 sale for $46,331 activity. Johnson Susan S had sold 808 shares worth $46,331 on Monday, August 14.

Among 32 analysts covering Suntrust Banks Inc. (NYSE:STI), 13 have Buy rating, 0 Sell and 19 Hold. Therefore 41% are positive. Suntrust Banks Inc. has $77.0 highest and $40 lowest target. $58.39’s average target is -9.60% below currents $64.59 stock price. Suntrust Banks Inc. had 95 analyst reports since July 20, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, June 22 report. As per Monday, June 5, the company rating was maintained by Keefe Bruyette & Woods. The company was downgraded on Wednesday, November 23 by Compass Point. The rating was upgraded by Credit Suisse to “Hold” on Monday, October 9. Keefe Bruyette & Woods maintained SunTrust Banks, Inc. (NYSE:STI) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $77.0 target. Jefferies maintained SunTrust Banks, Inc. (NYSE:STI) on Friday, August 11 with “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Friday, July 7. The rating was maintained by FBR Capital on Monday, January 23 with “Outperform”. FBR Capital downgraded it to “Hold” rating and $62.0 target in Tuesday, October 10 report. The rating was upgraded by Zacks to “Hold” on Thursday, August 27.

Ledyard National Bank increased Flexshares Quality Dvd Etf (QDF) stake by 31,496 shares to 311,931 valued at $13.24M in 2017Q3. It also upped Ishares Msci United Kingdom Etf stake by 11,682 shares and now owns 46,390 shares. Consumer Disc Select Sector Spdr Etf (XLY) was raised too.