Scout Investments Has Cut Its Suntrust Banks (STI) Stake; GOPHER PROTOCOL (GOPH) SI Increased By 28.66%

March 16, 2018 - By Ellis Scott

Scout Investments Inc decreased Suntrust Banks Inc (STI) stake by 12.42% reported in 2017Q3 SEC filing. Scout Investments Inc sold 82,214 shares as Suntrust Banks Inc (STI)’s stock declined 9.30%. The Scout Investments Inc holds 579,621 shares with $34.64M value, down from 661,835 last quarter. Suntrust Banks Inc now has $33.31 billion valuation. The stock decreased 0.01% or $0.01 during the last trading session, reaching $71.12. About 390,389 shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since March 16, 2017 and is uptrending. It has outperformed by 10.12% the S&P500.

GOPHER PROTOCOL INC (OTCMKTS:GOPH) had an increase of 28.66% in short interest. GOPH’s SI was 189,000 shares in March as released by FINRA. Its up 28.66% from 146,900 shares previously. With 896,800 avg volume, 0 days are for GOPHER PROTOCOL INC (OTCMKTS:GOPH)’s short sellers to cover GOPH’s short positions. The SI to GOPHER PROTOCOL INC’s float is 1.1%. The stock increased 0.49% or $0.01 during the last trading session, reaching $2.07. About shares traded. Gopher Protocol Inc. (OTCMKTS:GOPH) has 0.00% since March 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Gopher Protocol Inc. engages in the process of developing a real-time, heuristic based, mobile technology. The company has market cap of $107.22 million. The Company’s technology consists of a smart microchip, mobile application software, and supporting software. It currently has negative earnings. The firm was formerly known as Forex International Trading Corp. and changed its name to Gopher Protocol Inc. in February 2015.

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. had 109 analyst reports since July 20, 2015 according to SRatingsIntel. BMO Capital Markets maintained SunTrust Banks, Inc. (NYSE:STI) on Friday, January 19 with “Hold” rating. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Underperform” rating given on Tuesday, August 25 by Robert W. Baird. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, January 25. On Monday, October 2 the stock rating was maintained by Piper Jaffray with “Buy”. Deutsche Bank maintained the shares of STI in report on Wednesday, August 12 with “Buy” rating. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Buy” rating by Zacks on Monday, September 7. The firm has “Equal-Weight” rating given on Thursday, August 3 by Morgan Stanley. The firm has “Hold” rating given on Friday, July 21 by BMO Capital Markets. FBR Capital maintained SunTrust Banks, Inc. (NYSE:STI) on Monday, January 22 with “Hold” rating. The rating was upgraded by Zacks to “Hold” on Thursday, August 27.

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.18, from 0.91 in 2017Q2. It improved, 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. Cantab Prtnrs Limited Liability Partnership reported 13,401 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0.06% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Axa holds 0.03% or 99,801 shares in its portfolio. Levin Strategies LP owns 51,915 shares. State Board Of Administration Of Florida Retirement has invested 0.12% in SunTrust Banks, Inc. (NYSE:STI). First Natl Co invested 0.04% in SunTrust Banks, Inc. (NYSE:STI). 145,592 are owned by State Treasurer State Of Michigan. Barclays Pcl holds 0.01% or 185,024 shares. 15.59 million were reported by Jpmorgan Chase. Pennsylvania Tru Co reported 0.18% stake. Wilbanks Smith And Thomas Asset Ltd invested in 0.07% or 13,779 shares. Nuveen Asset Mgmt Limited Liability Corp holds 27,783 shares or 0.01% of its portfolio. Thompson Siegel And Walmsley Ltd Liability Corporation holds 81,760 shares or 0.06% of its portfolio. 358,471 were reported by Deprince Race Zollo Inc. Ontario Teachers Pension Plan Board reported 0.04% in SunTrust Banks, Inc. (NYSE:STI).

Scout Investments Inc increased Host Hotels & Resorts Inc (NYSE:HST) stake by 109,335 shares to 1.50 million valued at $27.73M in 2017Q3. It also upped Astronics Corp (NASDAQ:ATRO) stake by 51,075 shares and now owns 92,950 shares. Marketaxess Holdings Inc (NASDAQ:MKTX) was raised too.

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