Suntrust Banks (STI) Shareholder West Oak Capital Trimmed Its Stake by $31.97 Million as Market Valuation Rose; Linscomb & Williams Has Decreased Boeing Co (BA) Stake by $409,542 as Stock Value Rose

May 18, 2018 - By Marie Mckinney

SunTrust Banks, Inc. (NYSE:STI) Logo

West Oak Capital Llc decreased its stake in Suntrust Banks Inc (STI) by 2.2% based on its latest 2017Q4 regulatory filing with the SEC. West Oak Capital Llc sold 495 shares as the company’s stock rose 1.41% while stock markets declined. The institutional investor held 22,040 shares of the finance company at the end of 2017Q4, valued at $1.42 billion, down from 22,535 at the end of the previous reported quarter. West Oak Capital Llc who had been investing in Suntrust Banks Inc for a number of months, seems to be less bullish one the $32.54 billion market cap company. The stock decreased 0.16% or $0.11 during the last trading session, reaching $69.27. About 664,792 shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 22.73% since May 18, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.




Linscomb & Williams Inc decreased its stake in Boeing Co (BA) by 6.36% based on its latest 2017Q4 regulatory filing with the SEC. Linscomb & Williams Inc sold 1,393 shares as the company’s stock rose 8.82% while stock markets declined. The institutional investor held 20,508 shares of the aerospace company at the end of 2017Q4, valued at $6.05 million, down from 21,901 at the end of the previous reported quarter. Linscomb & Williams Inc who had been investing in Boeing Co for a number of months, seems to be less bullish one the $206.35 billion market cap company. The stock increased 2.11% or $7.25 during the last trading session, reaching $351.39. About 1.68M shares traded. The Boeing Company (NYSE:BA) has risen 82.35% since May 18, 2017 and is uptrending. It has outperformed by 70.80% the S&P500.

Linscomb & Williams Inc, which manages about $2.25B and $1.22 billion US Long portfolio, upped its stake in Ishares Tr Intl Sel Div Etf (IDV) by 55,571 shares to 434,784 shares, valued at $14.69 million in 2017Q4, according to the filing. It also increased its holding in Wells Fargo Co New (NYSE:WFC) by 5,685 shares in the quarter, for a total of 85,654 shares, and has risen its stake in At&T Inc (NYSE:T).

More notable recent The Boeing Company (NYSE:BA) news were published by: 247Wallst.com which released: “New Chinese Passenger Plane to Challenge Boeing” on May 13, 2018, also 247Wallst.com with their article: “Decision Due This Week on 14-Year-Old Boeing, Airbus Dispute” published on May 14, 2018, 247Wallst.com published: “Sanctions on Iran Cost Boeing, Airbus About $20 Billion Each” on May 09, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Boeing Doesn’t Need Iran” published on May 15, 2018 as well as 247Wallst.com‘s news article titled: “Will Earnings Make Boeing King of the Dow Again?” with publication date: April 24, 2018.

Analysts await The Boeing Company (NYSE:BA) to report earnings on July, 25. They expect $3.44 earnings per share, up 34.90% or $0.89 from last year’s $2.55 per share. BA’s profit will be $2.02B for 25.54 P/E if the $3.44 EPS becomes a reality. After $3.64 actual earnings per share reported by The Boeing Company for the previous quarter, Wall Street now forecasts -5.49% negative EPS growth.

Since February 8, 2018, it had 0 buys, and 6 insider sales for $18.83 million activity. $762,543 worth of stock was sold by Hyslop Gregory L on Monday, May 7. Another trade for 4,500 shares valued at $1.48M was made by Sands Diana L on Friday, May 4. The insider Verbeck Robert E sold 2,840 shares worth $948,261. Smith Gregory D sold $12.17M worth of stock. On Thursday, May 3 the insider CAPOZZI HEIDI B sold $373,379.

Investors sentiment decreased to 0.79 in Q4 2017. Its down 0.02, from 0.81 in 2017Q3. It fall, as 65 investors sold BA shares while 614 reduced holdings. 148 funds opened positions while 391 raised stakes. 373.50 million shares or 9.30% less from 411.79 million shares in 2017Q3 were reported. Raymond James And Assoc stated it has 0.28% of its portfolio in The Boeing Company (NYSE:BA). Sequoia Financial Advsrs invested in 0.14% or 4,658 shares. 38,050 are owned by Aviance Prtnrs Lc. Holt Ltd Llc Dba Holt Prtn Lp has 1,300 shares. Bender Robert And owns 4,528 shares. 1832 Asset Management Lp stated it has 179,137 shares. Tiaa Cref Invest Mgmt Ltd Limited Liability Company holds 0.67% of its portfolio in The Boeing Company (NYSE:BA) for 3.43M shares. Moreover, Boltwood Cap Mgmt has 0.16% invested in The Boeing Company (NYSE:BA). Institute For Wealth Limited Liability Corp accumulated 1.13% or 16,633 shares. Visionary Asset Inc reported 0.06% stake. Bluestein R H has 2.45% invested in The Boeing Company (NYSE:BA). 18,167 are held by Catalyst Cap Advsrs Limited. Accuvest Global Advisors reported 20 shares. Stonebridge Cap Mgmt accumulated 10,293 shares. Sumitomo Mitsui Tru reported 1.93M shares or 0.73% of all its holdings.

Among 27 analysts covering Boeing (NYSE:BA), 19 have Buy rating, 1 Sell and 7 Hold. Therefore 70% are positive. Boeing had 117 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Wednesday, April 25 by Canaccord Genuity. Bank of America upgraded the stock to “Hold” rating in Wednesday, July 19 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, September 3. The stock of The Boeing Company (NYSE:BA) has “Equal-Weight” rating given on Thursday, August 17 by Morgan Stanley. The rating was maintained by UBS on Friday, August 4 with “Neutral”. The stock has “Hold” rating by Wells Fargo on Thursday, April 26. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Tuesday, May 30 by Jefferies. The stock has “Sell” rating by RBC Capital Markets on Friday, July 7. The firm earned “Neutral” rating on Thursday, February 18 by Buckingham Research. RBC Capital Markets maintained it with “Hold” rating and $235.0 target in Friday, October 6 report.

Investors sentiment increased to 1.09 in Q4 2017. 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. Drexel Morgan And has invested 0.46% in SunTrust Banks, Inc. (NYSE:STI). Employees Retirement Association Of Colorado stated it has 0.04% in SunTrust Banks, Inc. (NYSE:STI). 148,000 are held by Catalyst Capital Ltd Llc. Prudential Public Limited Liability Corp accumulated 0.07% or 380,585 shares. 66,424 are owned by Capital One Association. Independence Tru Co accumulated 31,387 shares. Advantus Capital Mgmt has 0.08% invested in SunTrust Banks, Inc. (NYSE:STI). Atlantic Trust Gp Ltd has 13,421 shares. Godsey Gibb has invested 0.05% in SunTrust Banks, Inc. (NYSE:STI). Moneta Grp Advsrs Ltd Liability has invested 0.12% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Associated Banc holds 58,680 shares or 0.2% of its portfolio. Duncker Streett And stated it has 0% in SunTrust Banks, Inc. (NYSE:STI). The United Kingdom-based Hsbc Public Limited has invested 0.09% in SunTrust Banks, Inc. (NYSE:STI). Nomura Asset Limited has invested 0.06% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Moreover, Laurion Capital Management Lp has 0% invested in SunTrust Banks, Inc. (NYSE:STI) for 8,132 shares.

More news for SunTrust Banks, Inc. (NYSE:STI) were recently published by: Seekingalpha.com, which released: “SunTrust discloses possible data theft” on April 20, 2018. Bizjournals.com‘s article titled: “Growth plans: Both big and small banks set to expand locally” and published on April 26, 2018 is yet another important article.

Among 35 analysts covering Suntrust Banks Inc. (NYSE:STI), 16 have Buy rating, 0 Sell and 19 Hold. Therefore 46% are positive. Suntrust Banks Inc. had 118 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Monday, October 19 with “Market Perform”. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Neutral” rating by Wedbush on Wednesday, November 30. Jefferies maintained the shares of STI in report on Thursday, June 8 with “Buy” rating. Zacks upgraded the stock to “Buy” rating in Monday, September 7 report. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Buy” rating given on Wednesday, August 12 by Deutsche Bank. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Hold” rating given on Tuesday, October 3 by BMO Capital Markets. The firm has “Market Perform” rating by Bernstein given on Tuesday, August 16. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Underperform” rating given on Tuesday, August 25 by Robert W. Baird. As per Tuesday, January 2, the company rating was maintained by Barclays Capital. Credit Suisse maintained it with “Neutral” rating and $73 target in Wednesday, March 14 report.

West Oak Capital Llc, which manages about $281.18 million and $162.92B US Long portfolio, upped its stake in T Rowe Price Group Inc (NASDAQ:TROW) by 625 shares to 7,135 shares, valued at $748.68 million in 2017Q4, according to the filing. It also increased its holding in Bank Of America Corp (NYSE:BAC) by 405 shares in the quarter, for a total of 7,789 shares, and has risen its stake in Cisco Systems Inc (NASDAQ:CSCO).

Since January 23, 2018, it had 2 insider buys, and 5 selling transactions for $1.53 million activity. Chancy Mark A sold 7,500 shares worth $525,975. The insider VOORHEES STEVEN C bought $395,760. SCRUGGS FRANK P JR also bought $69,010 worth of SunTrust Banks, Inc. (NYSE:STI) on Wednesday, May 16. Shares for $255,737 were sold by Johnson Susan S. On Wednesday, May 2 the insider Scanlan Agnes Bundy sold $101,025.

Analysts await SunTrust Banks, Inc. (NYSE:STI) to report earnings on July, 20. They expect $1.29 earnings per share, up 25.24% or $0.26 from last year’s $1.03 per share. STI’s profit will be $605.93M for 13.42 P/E if the $1.29 EPS becomes a reality. After $1.29 actual earnings per share reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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 FREE 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: