Ledyard National Bank Has Decreased Its Suntrust Banks (STI) Holding; Hahn Capital Management Lifted Its Mid (MAA) Stake

February 8, 2018 - By Danny Collins

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 $9.37 million value, down from 162,526 last quarter. Suntrust Banks Inc now has $32.49B valuation. The stock increased 0.83% or $0.57 during the last trading session, reaching $69. About 6.35 million shares traded or 61.12% up from the average. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since February 8, 2017 and is uptrending. It has outperformed by 10.12% the S&P500.

Hahn Capital Management Llc increased Mid (MAA) stake by 0.94% reported in 2017Q3 SEC filing. Hahn Capital Management Llc acquired 2,570 shares as Mid (MAA)’s stock rose 0.38%. The Hahn Capital Management Llc holds 276,372 shares with $29.54B value, up from 273,802 last quarter. Mid now has $10.36B valuation. The stock decreased 1.41% or $1.26 during the last trading session, reaching $87.93. About 845,852 shares traded or 20.22% up from the average. Mid-America Apartment Communities, Inc. (NYSE:MAA) has risen 0.92% since February 8, 2017 and is uptrending. It has underperformed by 15.78% the S&P500.

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 Core S&P 500 Etf (IVV) stake by 5,323 shares and now owns 21,707 shares. Ishares Msci United Kingdom Etf was raised too.

Since August 14, 2017, it had 0 insider buys, and 2 insider sales for $554,242 activity. Johnson Susan S sold $46,331 worth of SunTrust Banks, Inc. (NYSE:STI) on Monday, August 14. Lienhard Jerome T had sold 29,248 shares worth $507,911.

Among 34 analysts covering Suntrust Banks Inc. (NYSE:STI), 16 have Buy rating, 0 Sell and 18 Hold. Therefore 47% are positive. Suntrust Banks Inc. has $85.0 highest and $40 lowest target. $64.19’s average target is -6.97% below currents $69 stock price. Suntrust Banks Inc. had 108 analyst reports since July 20, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Robert W. Baird on Tuesday, August 25. The firm earned “Hold” rating on Friday, August 25 by Robert W. Baird. On Friday, August 11 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Morgan Stanley with “Underweight” on Tuesday, July 25. The company was initiated on Thursday, August 20 by Sterne Agee CRT. Morgan Stanley maintained SunTrust Banks, Inc. (NYSE:STI) on Friday, February 2 with “Overweight” rating. Morgan Stanley upgraded SunTrust Banks, Inc. (NYSE:STI) on Thursday, August 3 to “Equal-Weight” rating. On Tuesday, January 12 the stock rating was upgraded by Bank of America to “Buy”. Deutsche Bank maintained it with “Buy” rating and $50 target in Thursday, September 17 report. The firm has “Hold” rating given on Thursday, January 4 by Susquehanna.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.01, from 0.92 in 2017Q2. It turned negative, 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. Country Trust National Bank & Trust holds 54 shares or 0% of its portfolio. Los Angeles & Equity Research invested 0.1% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). 17,426 are held by Jaffetilchin Invest Prns Limited Liability Corp. Moreover, Atria Investments Limited Liability has 0.06% invested in SunTrust Banks, Inc. (NYSE:STI). West Oak Capital Ltd Limited Liability Company owns 0.8% invested in SunTrust Banks, Inc. (NYSE:STI) for 22,535 shares. Nomura Inc holds 24,377 shares or 0% of its portfolio. Loeb Prtn reported 0.07% in SunTrust Banks, Inc. (NYSE:STI). Court Place Limited Liability invested in 0.26% or 9,705 shares. Royal Retail Bank Of Canada invested in 3.04 million shares or 0.09% of the stock. 7,926 were reported by Rfg Advisory Gp Ltd Liability Corp. Benjamin F Edwards And Incorporated reported 11,084 shares. United Capital Fin Advisers Ltd Liability owns 0% invested in SunTrust Banks, Inc. (NYSE:STI) for 6,870 shares. Kings Point Cap owns 0.05% invested in SunTrust Banks, Inc. (NYSE:STI) for 4,105 shares. Cullinan Associate Inc invested 0.88% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Kanawha Limited Liability Co has 0.07% invested in SunTrust Banks, Inc. (NYSE:STI).

Among 19 analysts covering Mid-America Apartment Communities (NYSE:MAA), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Mid-America Apartment Communities had 76 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, January 31, the company rating was maintained by Cantor Fitzgerald. The rating was downgraded by Suntrust Robinson to “Neutral” on Friday, January 22. On Thursday, October 20 the stock rating was upgraded by Jefferies to “Buy”. The firm has “Buy” rating given on Friday, July 14 by RBC Capital Markets. The stock has “Neutral” rating by UBS on Monday, January 9. The company was downgraded on Thursday, July 6 by UBS. RBC Capital Markets maintained Mid-America Apartment Communities, Inc. (NYSE:MAA) rating on Monday, August 7. RBC Capital Markets has “Buy” rating and $11200 target. On Wednesday, January 31 the stock rating was maintained by Jefferies with “Hold”. SunTrust downgraded the stock to “Neutral” rating in Friday, January 22 report. On Tuesday, December 22 the stock rating was maintained by Oppenheimer with “Outperform”.