Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages. PDCO price is down almost -30.87% from its 52-week high price of $49.26 a share but is up about 4.54% from its 52-week low price of $35.93 a share. They expect this year's earnings to rise 14.37% year-over-year to $4.06, followed by 9.11% growth in the next year to $4.43. The financial services provider reported $1.03 EPS for the quarter, beating the consensus estimate of $0.98 by $0.05. The company had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.29 billion. (NYSE:STI) news were published by: Nasdaq.com which released: "West Oak Capital, LLC Buys SunTrust Banks Inc, Black Knight Inc, Bristol-Myers ..." on October 10, 2017, also Prnewswire.com with their article: "SunTrust Expands its Private Wealth Management Business to New York City" published on September 20, 2017, Prnewswire.com published: "SunTrust Announces Sale of Premium Assignment Corporation" on September 25, 2017. SunTrust Banks's revenue for the quarter was up 2.0% compared to the same quarter a year ago. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and global copyright & trademark law. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since October 11, 2016 and is uptrending. Analysts set a 12-month price target of $39.54 a share. Finally, Robert W. Baird reissued a "hold" rating and issued a $55.00 price objective on shares of SunTrust Banks in a research note on Sunday, October 1st.
After a recent check, shares of SunTrust Banks, Inc. Seventeen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. SunTrust Banks now has an average rating of "Hold" and an average target price of $62.13. (NYSE:STI). The stock saw a move of -0.97% during the latest trading session. (NASDAQ:PDCO) has been 1.33 million shares per day over the past 30 days. Currently Analysts have a mean recommendation of 2.40 on the shares. Three months ago, analysts assigned STI a 4.00 rating, which implies that analysts largely still feel the same about the outlook for the stock over the next year. It dropped, as 51 investors sold STI shares while 249 reduced holdings. Welch Forbes Ltd Liability owns 0.04% invested in SunTrust Banks, Inc. State Street Corp raised its position in shares of SunTrust Banks by 9.1% in the fourth quarter. Obviously, fair market value of a stock is based on more than just predicted future earnings. Advisory Services Network LLC increased its holdings in shares of SunTrust Banks by 0.9% during the 2nd quarter. The stock volatility for the week was 1.55% while for the month was 1.50%. (NYSE:STI). Adams Diversified Equity Fund holds 1.21% or 378,100 shares. Airain ltd now owns 59,044 shares of the financial services provider's stock valued at $3,349,000 after buying an additional 48,863 shares in the last quarter. Finally, AXA boosted its stake in shares of SunTrust Banks by 1,118.8% during the first quarter. The Elizabeth Park Capital Advisors Ltd holds 229,135 shares with $13.00M value, up from 209,135 last quarter.
In other news, insider Susan S. Johnson sold 808 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $57.34, for a total transaction of $46,330.72. During the same period previous year, the firm earned $0.84 earnings per share. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Ibm Retirement Fund owns 11,853 shares or 0.14% of their USA portfolio.
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The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Wednesday, May 31st will be given a $0.26 dividend. This represents a $1.60 annualized dividend and a yield of 2.65%. The ex-dividend date is Friday, May 26th. Greenwood Cap Assoc Ltd Limited Liability Company has invested 1.32% of its portfolio in SunTrust Banks, Inc. Guardian Life Insurance Co. of America increased its holdings in shares of SunTrust Banks by 1.0% during the 1st quarter. The Q4 2017 consensus earnings estimates for the company have stabilized at US$1.06 per share. This buyback authorization authorizes the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.
Shares of Citizens Financial Group, Inc. Piper Jaffray maintained SunTrust Banks, Inc. The Company's business divisions include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other. As of December 31, 2016, the Consumer Banking and Private Wealth Management segment consisted of three primary businesses: Consumer Banking, Consumer Lending and Private Wealth Management.