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SunTrust Banks Inc (STI): Today's Featured Financial Laggard

SunTrust Banks ( STI) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.9%. By the end of trading, SunTrust Banks fell $0.59 (-1.7%) to $33.34 on average volume. Throughout the day, 4,609,956 shares of SunTrust Banks exchanged hands as compared to its average daily volume of 4,577,600 shares. The stock ranged in price between $33.27-$34.45 after having opened the day at $34.39 as compared to the previous trading day's close of $33.93. Other companies within the Financial sector that declined today were: Broadway Financial ( BYFC), down 25.7%, Credit Suisse ( DSLV), down 15.6%, Roberts Realty Investors ( RPI), down 7.4% and ProShares UltraShort DJ-UBS Commodity ( CMD), down 7.2%.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. SunTrust Banks has a market cap of $18.5 billion and is part of the banking industry. Shares are up 19.7% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate SunTrust Banks a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates SunTrust Banks as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, attractive valuation levels, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Altis Resident ( RESI), up 18.3%, Bank Bradesco ( BBDO), up 16.0%, Royal Bancshares of Pennsylvania ( RBPAA), up 14.3% and American Capital Agency ( AGNC), up 9.2% , were all gainers within the financial sector with HCP ( HCP) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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