Gator Capital Management Has Decreased Stake in Suntrust Bks (STI) by $441,276; Banc Funds Co Has Lifted Stake in Meridian Interstate Bancorp (EBSB) by $400,000

SunTrust Banks, Inc. (NYSE:STI) Logo

Banc Funds Co Llc increased its stake in Meridian Interstate Bancorp (EBSB) by 25% based on its latest 2018Q3 regulatory filing with the SEC. Banc Funds Co Llc bought 25,000 shares as the company’s stock declined 13.48% with the market. The hedge fund held 125,001 shares of the finance company at the end of 2018Q3, valued at $2.13 million, up from 100,001 at the end of the previous reported quarter. Banc Funds Co Llc who had been investing in Meridian Interstate Bancorp for a number of months, seems to be bullish on the $835.59 million market cap company. The stock increased 0.25% or $0.04 during the last trading session, reaching $16.35. About 27,333 shares traded. Meridian Bancorp, Inc. (NASDAQ:EBSB) has declined 22.88% since February 27, 2018 and is downtrending. It has underperformed by 22.88% the S&P500. Some Historical EBSB News: 29/05/2018 – WellCare To Buy Privately Held Meridian Health For $2.5 Billion — MarketWatch; 12/03/2018 – MERIDIAN ENERGY LTD – RETAIL SALES VOLUMES IN FEBRUARY 2018 DECREASED BY 12.7% COMPARED TO FEBRUARY 2017; 22/03/2018 – Meridian Waste: Would Replace Significant Rev From Proposed Sale of Waste Asset; 16/04/2018 – The Memorial Sloan Kettering – Hackensack Meridian Health Partnership to Host Cancer Science Today: A Community Education Talk Series; 09/05/2018 – Ford Motor Co to Provide Update on Response to Meridian Magnesium Products of Amer Fire, Parts Issue; 05/03/2018 – MFS Meridian Funds – European Value Fund Cuts Danone; 08/03/2018 – NJ Biz: EXCLUSIVE: Hackensack Meridian, Sloan Kettering to create new cancer center; 14/05/2018 – Meridian Energy New Zealand Generation Rose 10.6%, With Average Price Received Up 25.3%; 21/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within South Jersey Industries, SITO Mobile, Ormat Technologies, R; 12/04/2018 – Hutchinson Clinic Selects Meridian Medical Management for Revenue Cycle Management

Gator Capital Management Llc decreased its stake in Suntrust Bks Inc (STI) by 10.05% based on its latest 2018Q3 regulatory filing with the SEC. Gator Capital Management Llc sold 6,686 shares as the company’s stock declined 24.91% with the market. The institutional investor held 59,823 shares of the finance company at the end of 2018Q3, valued at $4.00 million, down from 66,509 at the end of the previous reported quarter. Gator Capital Management Llc who had been investing in Suntrust Bks Inc for a number of months, seems to be less bullish one the $28.84 billion market cap company. The stock increased 0.51% or $0.33 during the last trading session, reaching $65.2. About 1.61M shares traded. SunTrust Banks, Inc. (NYSE:STI) has declined 14.19% since February 27, 2018 and is downtrending. It has underperformed by 14.19% the S&P500. Some Historical STI News: 13/03/2018 – Cabot Corp Non-Deal Roadshow Scheduled By SunTrust for Mar. 20; 09/05/2018 – SunTrust Banks Presenting at Barclays Conference May 15; 14/03/2018 – Matador Resources at Non-Deal Roadshow Hosted By SunTrust Today; 11/05/2018 – RPC at Non-Deal Roadshow Hosted By SunTrust Today; 08/03/2018 – Jazz Pharma Non-Deal Roadshow Scheduled By SunTrust for Mar. 15; 17/05/2018 – MB Financial Non-Deal Roadshow Set By SunTrust for May. 24; 06/03/2018 – Installed Building Access Event Set By SunTrust for Mar. 13-14; 10/04/2018 – Nomad Foods at Non-Deal Roadshow Hosted By SunTrust Today; 20/04/2018 – SunTrust 1Q Net $643M; 31/05/2018 – Masco Non-Deal Roadshow Scheduled By SunTrust for Jun. 7

More notable recent SunTrust Banks, Inc. (NYSE:STI) news were published by: Prnewswire.com which released: “SUNTRUST BANKS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SunTrust Banks, Inc. – STI – PRNewswire” on February 15, 2019, also Seekingalpha.com with their article: “Merger Arbitrage Mondays – February 11, 2019 – Seeking Alpha” published on February 11, 2019, Streetinsider.com published: “SunTrust Banks (STI) option implied volatility low into combining with BB&T (BBT) in an all-stock merger – StreetInsider.com” on February 07, 2019. More interesting news about SunTrust Banks, Inc. (NYSE:STI) were released by: Bizjournals.com and their article: “These trends will dominate Orlando health care in 2019 – Orlando Business Journal” published on February 18, 2019 as well as ‘s news article titled: “Activision Blizzard, Inc (NASDAQ:ATVI), BB&T Corporation (NYSE:BBT) – Weak Eurozone Forecast Add To Concerns About Global Growth – Benzinga” with publication date: February 07, 2019.

Gator Capital Management Llc, which manages about $113.87 million and $95.91M US Long portfolio, upped its stake in Ubs Group Ag (NYSE:UBS) by 152,700 shares to 169,200 shares, valued at $2.66 million in 2018Q3, according to the filing.

Investors sentiment increased to 1.23 in 2018 Q3. Its up 0.16, from 1.07 in 2018Q2. It improved, as 32 investors sold STI shares while 234 reduced holdings. 93 funds opened positions while 233 raised stakes. 356.40 million shares or 4.46% less from 373.05 million shares in 2018Q2 were reported. First American Bancorporation stated it has 0.09% in SunTrust Banks, Inc. (NYSE:STI). Pennsylvania Tru has 0.44% invested in SunTrust Banks, Inc. (NYSE:STI) for 156,815 shares. Aqr Capital Management accumulated 1.93M shares. Lpl Financial Lc stated it has 79,924 shares. Smith Asset Gru Limited Partnership owns 404,949 shares. 7,675 were accumulated by Stratos Wealth Prtn Ltd. Connor Clark & Lunn Ltd has 0.04% invested in SunTrust Banks, Inc. (NYSE:STI) for 99,538 shares. Capital Int Invsts, a California-based fund reported 6.61M shares. Loeb Prtn holds 0.1% or 4,000 shares. Pggm Invs owns 0.21% invested in SunTrust Banks, Inc. (NYSE:STI) for 582,764 shares. Nordea Investment Mgmt holds 0.28% or 1.91M shares. Korea Invest has invested 0.19% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Parsons Mgmt Ri invested 0.22% in SunTrust Banks, Inc. (NYSE:STI). Toth Advisory reported 0% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Blackrock, New York-based fund reported 41.32M shares.

Investors sentiment decreased to 1.26 in 2018 Q3. Its down 0.12, from 1.38 in 2018Q2. It dived, as 13 investors sold EBSB shares while 33 reduced holdings. 15 funds opened positions while 43 raised stakes. 33.88 million shares or 3.44% less from 35.08 million shares in 2018Q2 were reported. D E Shaw Co stated it has 442,164 shares. Hbk Invests Limited Partnership stated it has 0% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB). Nbw Ltd Llc reported 82,947 shares. Voya Invest Mgmt Ltd Liability invested in 0% or 21,766 shares. Fund Management Sa has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Commerce Bankshares invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 3,235 shares in its portfolio. Blackrock has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Commercial Bank Of Ny Mellon Corp holds 278,385 shares or 0% of its portfolio. Wells Fargo Co Mn holds 83,053 shares. Millennium Mgmt Ltd Com accumulated 293,358 shares or 0.01% of the stock. Citigroup Inc holds 12,877 shares or 0% of its portfolio. Renaissance Techs Limited Liability Corporation accumulated 0.04% or 2.09 million shares. 65,166 are held by Dupont Capital Mngmt. Globeflex Capital Lp reported 47,800 shares or 0.16% of all its holdings.

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

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