Icon Advisers Has Decreased Mks Instruments (MKSI) Position; Suntrust Banks Has 1.09 Sentiment

May 20, 2018 - By reb123z

SunTrust Banks, Inc. (NYSE:STI) Logo

Icon Advisers Inc decreased Mks Instruments Inc. (MKSI) stake by 72.96% reported in 2017Q4 SEC filing. Icon Advisers Inc sold 14,300 shares as Mks Instruments Inc. (MKSI)’s stock rose 19.08%. The Icon Advisers Inc holds 5,300 shares with $501,000 value, down from 19,600 last quarter. Mks Instruments Inc. now has $6.05B valuation. The stock decreased 5.11% or $5.95 during the last trading session, reaching $110.6. About 630,477 shares traded or 14.99% up from the average. MKS Instruments, Inc. (NASDAQ:MKSI) has risen 68.28% since May 20, 2017 and is uptrending. It has outperformed by 56.73% the S&P500.




Suntrust Banks Inc (STI) investors sentiment increased to 1.09 in 2017 Q4. It’s up 0.18, from 0.91 in 2017Q3. The ratio is more positive, as 302 investment managers opened new or increased equity positions, while 277 cut down and sold positions in Suntrust Banks Inc. The investment managers in our database now own: 381.57 million shares, up from 375.36 million shares in 2017Q3. Also, the number of investment managers holding Suntrust Banks Inc in top ten equity positions increased from 8 to 9 for an increase of 1. Sold All: 38 Reduced: 239 Increased: 202 New Position: 100.

SunTrust Banks, Inc. operates as the holding firm for SunTrust Bank that provides various financial services for consumers, businesses, firms, and institutions in the United States. The company has market cap of $32.25 billion. It operates through three divisions: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. It has a 15.36 P/E ratio. The Consumer Banking and Private Wealth Management segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; and professional investment management and trust services, as well as family office solutions.

Analysts await SunTrust Banks, Inc. (NYSE:STI) to report earnings on July, 20. They expect $1.29 EPS, up 25.24% or $0.26 from last year’s $1.03 per share. STI’s profit will be $605.93M for 13.30 P/E if the $1.29 EPS becomes a reality. After $1.29 actual EPS reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock decreased 1.05% or $0.73 during the last trading session, reaching $68.65. About 1.80 million shares traded. SunTrust Banks, Inc. (STI) has risen 22.73% since May 20, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

Elizabeth Park Capital Advisors Ltd. holds 4.82% of its portfolio in SunTrust Banks, Inc. for 231,135 shares. Washington Capital Management Inc owns 54,050 shares or 3.49% of their US portfolio. Moreover, Gillespie Robinson & Grimm Inc has 3.45% invested in the company for 422,235 shares. The Tennessee-based Delta Asset Management Llc Tn has invested 2.83% in the stock. J.P. Marvel Investment Advisors Llc, a Massachusetts-based fund reported 143,204 shares.

Another recent and important SunTrust Banks, Inc. (NYSE:STI) news was published by Bizjournals.com which published an article titled: “Growth plans: Both big and small banks set to expand locally” on April 26, 2018.

Ratings analysis reveals 25% of SunTrust Banks’s analysts are positive. Out of 8 Wall Street analysts rating SunTrust Banks, 2 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $47.0 while the high is $65.0. The stock’s average target of $58 is -15.51% below today’s ($68.65) share price. STI was included in 8 notes of analysts from October 7, 2016. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Outperform” rating given on Monday, January 23 by FBR Capital. Wells Fargo downgraded SunTrust Banks, Inc. (NYSE:STI) on Friday, November 18 to “Market Perform” rating. Morgan Stanley downgraded the stock to “Underweight” rating in Monday, November 14 report. UBS initiated it with “Neutral” rating and $58.0 target in Wednesday, January 11 report. The firm earned “Buy” rating on Monday, January 23 by Sandler O’Neill. The stock has “Neutral” rating by Wedbush on Friday, October 7. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, January 3. The firm has “Hold” rating by Standpoint Research given on Tuesday, November 15.

Since January 1, 0001, it had 2 insider buys, and 5 insider sales for $1.53 million activity.

Among 7 analysts covering MKS Instruments (NASDAQ:MKSI), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MKS Instruments had 13 analyst reports since October 23, 2015 according to SRatingsIntel. On Thursday, October 26 the stock rating was maintained by Deutsche Bank with “Buy”. The stock has “Buy” rating by Dougherty & Company on Monday, June 13. The stock has “Buy” rating by Dougherty & Company on Monday, May 2. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, February 1 report. On Monday, January 4 the stock rating was initiated by Pacific Crest with “Overweight”. The firm has “Buy” rating by Dougherty & Company given on Friday, October 23. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, November 23 report. The rating was upgraded by Dougherty & Company on Tuesday, January 24 to “Buy”. As per Thursday, May 12, the company rating was maintained by Stifel Nicolaus. As per Thursday, February 1, the company rating was maintained by KeyBanc Capital Markets.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.28, from 1.35 in 2017Q3. It worsened, as 30 investors sold MKSI shares while 120 reduced holdings. 58 funds opened positions while 103 raised stakes. 49.89 million shares or 2.22% less from 51.02 million shares in 2017Q3 were reported. Mason Street Advsr Ltd Liability Corporation accumulated 26,749 shares. Qs Invsts Ltd stated it has 0% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI). Virginia Retirement System Et Al stated it has 0.03% in MKS Instruments, Inc. (NASDAQ:MKSI). Australia-based Macquarie Group Inc Ltd has invested 0.04% in MKS Instruments, Inc. (NASDAQ:MKSI). Origin Asset Mgmt Limited Liability Partnership holds 109,486 shares. Silvercrest Asset Management Grp Ltd Liability Company invested in 0.88% or 995,743 shares. Moreover, Comerica Financial Bank has 0.04% invested in MKS Instruments, Inc. (NASDAQ:MKSI). Bryn Mawr Tru Company invested 0.02% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI). First Tru Advsr LP has invested 0.01% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI). Sensato Ltd has invested 0.06% in MKS Instruments, Inc. (NASDAQ:MKSI). Aperio Group Incorporated Lc reported 0.01% stake. Sit Investment Associate has 39,300 shares. California State Teachers Retirement Sys reported 85,003 shares. Citadel Ltd Limited Liability Company invested in 0.01% or 103,784 shares. Franklin Inc invested in 328,016 shares or 0.01% of the stock.

Analysts await MKS Instruments, Inc. (NASDAQ:MKSI) to report earnings on July, 24. They expect $2.22 EPS, up 57.45% or $0.81 from last year’s $1.41 per share. MKSI’s profit will be $121.40M for 12.45 P/E if the $2.22 EPS becomes a reality. After $2.07 actual EPS reported by MKS Instruments, Inc. for the previous quarter, Wall Street now forecasts 7.25% EPS growth.

Icon Advisers Inc increased Exelixis Inc. (NASDAQ:EXEL) stake by 42,149 shares to 74,149 valued at $2.25M in 2017Q4. It also upped Pulte Homes Inc. (NYSE:PHM) stake by 383,900 shares and now owns 673,770 shares. Signature Bank (NASDAQ:SBNY) was raised too.

Since December 14, 2017, it had 0 insider purchases, and 17 sales for $8.99 million activity. COLELLA GERARD G sold $476,300 worth of stock. HANLEY PETER sold 430 shares worth $53,061. $1.09 million worth of MKS Instruments, Inc. (NASDAQ:MKSI) shares were sold by PHILLIPPY ROBERT J. The insider Abrams John R sold 9,831 shares worth $1.13 million. $576,070 worth of MKS Instruments, Inc. (NASDAQ:MKSI) was sold by BAGSHAW SETH H. $218,800 worth of MKS Instruments, Inc. (NASDAQ:MKSI) was sold by Quirk Brian Charles on Monday, May 7. Mora Elizabeth also sold $33,330 worth of MKS Instruments, Inc. (NASDAQ:MKSI) on Thursday, March 1.

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

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