SunTrust Banks Inc (STI): Today's Featured Financial Laggard
(
) 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:
(
), down 25.7%,
(
), down 15.6%,
(
), down 7.4% and
ProShares UltraShort DJ-UBS Commodity
(
), 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
. 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.
- You can view the full SunTrust Banks Ratings Report.
On the positive front,
(
), up 18.3%,
(
), up 16.0%,
Royal Bancshares of Pennsylvania
(
), up 14.3% and
(
), up 9.2% , were all gainers within the financial sector with
(
) being today's featured financial sector leader.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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