Washington Trust Bank Lowered By $1.09 Million Its Altria Group (MO) Holding; Hellman Jordan Management Company Increased Its Suntrust Bks (STI) Stake

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Hellman Jordan Management Company Inc increased Suntrust Bks Inc (STI) stake by 107.75% reported in 2017Q4 SEC filing. Hellman Jordan Management Company Inc acquired 9,000 shares as Suntrust Bks Inc (STI)’s stock rose 1.41%. The Hellman Jordan Management Company Inc holds 17,353 shares with $1.12M value, up from 8,353 last quarter. Suntrust Bks Inc now has $31.49B valuation. The stock increased 0.67% or $0.45 during the last trading session, reaching $67.25. About 2.18M shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 22.73% since May 2, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

Washington Trust Bank decreased Altria Group Inc (MO) stake by 13.92% reported in 2017Q4 SEC filing. Washington Trust Bank sold 15,385 shares as Altria Group Inc (MO)’s stock declined 15.83%. The Washington Trust Bank holds 95,106 shares with $6.79M value, down from 110,491 last quarter. Altria Group Inc now has $106.15 billion valuation. The stock decreased 0.14% or $0.08 during the last trading session, reaching $56.03. About 6.05M shares traded. Altria Group, Inc. (NYSE:MO) has declined 17.05% since May 2, 2017 and is downtrending. It has underperformed by 28.60% the S&P500.

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Altria Group Inc. has $85.0 highest and $58.49 lowest target. $71.15’s average target is 26.99% above currents $56.03 stock price. Altria Group Inc. had 65 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Altria Group, Inc. (NYSE:MO) earned “Neutral” rating by UBS on Friday, October 27. The company was upgraded on Wednesday, January 4 by Bank of America. On Friday, April 27 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Morgan Stanley maintained it with “Equal-Weight” rating and $70 target in Wednesday, April 18 report. The firm earned “Buy” rating on Thursday, September 14 by Piper Jaffray. The rating was maintained by Cowen & Co with “Buy” on Thursday, October 26. The stock of Altria Group, Inc. (NYSE:MO) has “Hold” rating given on Monday, November 6 by RBC Capital Markets. The firm earned “Underperform” rating on Thursday, March 23 by RBC Capital Markets. On Thursday, January 4 the stock rating was maintained by Wells Fargo with “Buy”. The firm earned “Hold” rating on Friday, September 1 by RBC Capital Markets.

Investors sentiment increased to 0.93 in 2017 Q4. Its up 0.04, from 0.89 in 2017Q3. It is positive, as 63 investors sold MO shares while 521 reduced holdings. 134 funds opened positions while 410 raised stakes. 1.16 billion shares or 1.13% less from 1.17 billion shares in 2017Q3 were reported. Balyasny Asset Mgmt Limited Liability owns 22,924 shares. Willingdon Wealth Mngmt holds 0.06% of its portfolio in Altria Group, Inc. (NYSE:MO) for 2,754 shares. Private Advisor Group Inc Limited Liability Corp reported 0.44% in Altria Group, Inc. (NYSE:MO). Rdl Fincl has invested 0.32% in Altria Group, Inc. (NYSE:MO). Moreover, Catalyst Capital Advsr Ltd Liability has 0% invested in Altria Group, Inc. (NYSE:MO). Atwood And Palmer has 18,300 shares. Goodman Financial invested in 0.01% or 295 shares. Horrell Management, a Arkansas-based fund reported 169 shares. Callahan Advsr Ltd Liability Com holds 0.14% in Altria Group, Inc. (NYSE:MO) or 9,558 shares. Kelly Lawrence W And Associate Ca owns 0.03% invested in Altria Group, Inc. (NYSE:MO) for 2,064 shares. Howland Capital Ltd reported 7,044 shares. Comm Bankshares accumulated 624,964 shares. Eastern Retail Bank has 0.02% invested in Altria Group, Inc. (NYSE:MO). Lifeplan Fin Grp reported 0.23% of its portfolio in Altria Group, Inc. (NYSE:MO). Annex Advisory Svcs Limited Co reported 4,132 shares or 0.06% of all its holdings.

Since February 7, 2018, it had 0 insider buys, and 4 insider sales for $1.82 million activity. Another trade for 6,500 shares valued at $410,313 was made by Dillard James E III on Friday, February 9. Shares for $216,154 were sold by Quigley Brian W. on Friday, March 2. The insider SURGNER W HILDEBRANDT JR sold $199,488. $995,734 worth of Altria Group, Inc. (NYSE:MO) was sold by Johnson Craig A. on Wednesday, February 7.

Washington Trust Bank increased Ipath Etns/Usa (DJP) stake by 59,718 shares to 62,074 valued at $1.52 million in 2017Q4. It also upped Cisco Systems Inc (NASDAQ:CSCO) stake by 14,222 shares and now owns 237,809 shares. Deere & Co (NYSE:DE) was raised too.

Since January 23, 2018, it had 0 insider purchases, and 3 insider sales for $1.29 million activity. Another trade for 3,600 shares valued at $255,737 was sold by Johnson Susan S. The insider Chancy Mark A sold 7,500 shares worth $525,975. Lienhard Jerome T sold 29,248 shares worth $507,911.

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. has $8700 highest and $40 lowest target. $65.38’s average target is -2.78% below currents $67.25 stock price. Suntrust Banks Inc. had 118 analyst reports since July 20, 2015 according to SRatingsIntel. Piper Jaffray initiated SunTrust Banks, Inc. (NYSE:STI) on Tuesday, November 24 with “Overweight” rating. On Thursday, October 26 the stock rating was maintained by Nomura with “Neutral”. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Hold” rating given on Wednesday, June 28 by BMO Capital Markets. The company was maintained on Wednesday, July 5 by Keefe Bruyette & Woods. The rating was initiated by UBS on Wednesday, January 11 with “Neutral”. The company was upgraded on Thursday, August 27 by Evercore. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Overweight” rating by JP Morgan on Thursday, April 7. The firm has “Neutral” rating given on Wednesday, October 21 by Citigroup. As per Tuesday, October 11, the company rating was reinitiated by FBR Capital. The rating was upgraded by Portales Partners to “Outperform” on Tuesday, June 28.

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.18, from 0.91 in 2017Q3. It is positive, 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. Martingale Asset Mgmt Ltd Partnership, a Massachusetts-based fund reported 161,953 shares. Hartford Investment owns 0.12% invested in SunTrust Banks, Inc. (NYSE:STI) for 101,674 shares. Indexiq Advsr Limited Liability Company holds 13,912 shares. 404,260 were accumulated by Sei Invests. James Research holds 72 shares. Tennessee-based Summit Asset Mngmt Limited Liability Com has invested 0.35% in SunTrust Banks, Inc. (NYSE:STI). 11,121 were reported by Benjamin F Edwards And. The Massachusetts-based S&Co has invested 0.12% in SunTrust Banks, Inc. (NYSE:STI). Liberty Mutual Group Asset Mgmt reported 0.04% in SunTrust Banks, Inc. (NYSE:STI). Cap Invest Advisors Limited Liability has 0.09% invested in SunTrust Banks, Inc. (NYSE:STI) for 21,977 shares. Country Trust State Bank stated it has 8 shares. The California-based Rnc Cap Mngmt Ltd Liability has invested 1.76% in SunTrust Banks, Inc. (NYSE:STI). Dalton Greiner Hartman Maher And owns 0.73% invested in SunTrust Banks, Inc. (NYSE:STI) for 216,335 shares. Oppenheimer Asset holds 0.22% or 141,001 shares in its portfolio. Teachers Insurance & Annuity Association Of America holds 0.39% of its portfolio in SunTrust Banks, Inc. (NYSE:STI) for 119,200 shares.

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