/As Suntrust Banks (STI) Valuation Declined, Campbell Newman Asset Management Has Decreased Holding by $5.65 Million; As International Business Machs (IBM) Stock Declined, Holder Modera Wealth Management Lifted Its Holding (via Qpute.com)
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As Suntrust Banks (STI) Valuation Declined, Campbell Newman Asset Management Has Decreased Holding by $5.65 Million; As International Business Machs (IBM) Stock Declined, Holder Modera Wealth Management Lifted Its Holding (via Qpute.com)


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Modera Wealth Management Llc increased its stake in International Business Machs (IBM) by 69.77% based on its latest 2019Q1 regulatory filing with the SEC. Modera Wealth Management Llc bought 6,609 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 16,082 shares of the computer manufacturing company at the end of 2019Q1, valued at $2.27M, up from 9,473 at the end of the previous reported quarter. Modera Wealth Management Llc who had been investing in International Business Machs for a number of months, seems to be bullish on the $126.00 billion market cap company. The stock increased 0.62% or $0.87 during the last trading session, reaching $142.11. About 1.17M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since July 12, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 17/04/2018 – IBM Turnaround Questioned on Slower Growth of New Businesses; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 11/04/2018 – Bombora Named to List of Top SaaS Companies Following Customer, Staff and Revenue Growth; 14/05/2018 – Zerto Wins Big at The Channel Company’s Annual Midsize Enterprise Summit; 27/03/2018 – ShiftPixy Leverages IBM’s Watson to Better Connect and Scale; 15/05/2018 – IBM has been investing heavily in blockchain, forging partnerships with the likes of Walmart, Nestle and Maersk; 23/05/2018 – IBM gives jobs boost to Emmanuel Macron’s pitch to tech groups; 12/03/2018 – Buying IBM, Amazon, Selling DowDuPont, AT&T — Barrons.com; 04/04/2018 – How IBM’s game show winning supercomputer is solving problems before they occur; 14/05/2018 – IBM Executives Press U.S. Lawmakers Not to Adopt EU Privacy Law

Campbell Newman Asset Management Inc decreased its stake in Suntrust Banks Incorporated (STI) by 52.61% based on its latest 2019Q1 regulatory filing with the SEC. Campbell Newman Asset Management Inc sold 95,787 shares as the company’s stock declined 5.00% while stock markets rallied. The institutional investor held 86,277 shares of the finance company at the end of 2019Q1, valued at $5.11 million, down from 182,064 at the end of the previous reported quarter. Campbell Newman Asset Management Inc who had been investing in Suntrust Banks Incorporated for a number of months, seems to be less bullish one the $29.07 billion market cap company. The stock increased 0.15% or $0.1 during the last trading session, reaching $64.8. About 915,637 shares traded. SunTrust Banks, Inc. (NYSE:STI) has declined 10.90% since July 12, 2018 and is downtrending. It has underperformed by 15.33% the S&P500. Some Historical STI News: 07/03/2018 – CoreCivic Non-Deal Roadshow Set By SunTrust for Mar. 14-15; 17/05/2018 – Univar at Non-Deal Roadshow Hosted By SunTrust Today; 27/03/2018 – Mack-Cali Non-Deal Roadshow Scheduled By SunTrust for Apr. 3; 22/03/2018 – Norwegian Cruise Access Event Set By SunTrust for Mar. 29; 11/05/2018 – RPC at Non-Deal Roadshow Hosted By SunTrust Today; 20/03/2018 – Beacon Roofing Non-Deal Roadshow Set By SunTrust for Mar. 27; 19/03/2018 – Blue Apron Non-Deal Roadshow Scheduled By SunTrust for Mar. 26; 24/05/2018 – Equifax at Non-Deal Roadshow Hosted By SunTrust Today; 20/04/2018 – SunTrust CEO: Former Employee May Have Done This While Employed With Company; 28/05/2018 – Shutterfly Non-Deal Roadshow Scheduled By SunTrust for Jun. 4

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “Leading European institutions partner with IBM to accelerate joint research and educational opportunities in quantum computing – Yahoo Finance” on July 03, 2019, also Prnewswire.com with their article: “More than 500 Enterprises Globally turn to IBM Garage to Drive Digital Reinvention Enabled by Hybrid Cloud and AI – PRNewswire” published on June 28, 2019, Finance.Yahoo.com published: “IBM’s Blockchain Shipping Platform May Have Just Hit Critical Mass – Yahoo Finance” on July 02, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Investorideas.com and their article: “Investorideas.com Newswire – The AI Eye: IBM (NYSE: $IBM) Garage AI and Hybrid Cloud Used by Over 500 Companies Worldwide and Accenture (NYSE: $ACN) Wins Quantum Computing Machine Learning Patent – InvestorIdeas.com” published on July 01, 2019 as well as Finance.Yahoo.com‘s news article titled: “Better Buy: Google vs. IBM – Yahoo Finance” with publication date: June 21, 2019.

Investors sentiment increased to 1.03 in Q1 2019. Its up 0.44, from 0.59 in 2018Q4. It improved, as 67 investors sold IBM shares while 524 reduced holdings. 142 funds opened positions while 468 raised stakes. 473.01 million shares or 9.66% less from 523.62 million shares in 2018Q4 were reported. Portland Advsr Lc accumulated 26,971 shares. Avalon Ltd Liability Corporation holds 0.01% or 2,295 shares in its portfolio. Fort Limited Partnership reported 16,319 shares. Alpine Woods Capital Investors Limited Company accumulated 5,309 shares or 0.16% of the stock. Brown Advisory has invested 0.1% of its portfolio in International Business Machines Corporation (NYSE:IBM). Pub Employees Retirement Association Of Colorado reported 0.15% of its portfolio in International Business Machines Corporation (NYSE:IBM). Chickasaw Capital Ltd Limited Liability Company reported 2,121 shares. Putnam Invests Limited Liability invested in 843,581 shares or 0.28% of the stock. Parsec Financial Mgmt Incorporated holds 0.05% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 5,545 shares. Harvey Cap Mngmt holds 2,380 shares. Franklin Street Advsr Incorporated Nc reported 13,775 shares stake. Hendershot has 0.06% invested in International Business Machines Corporation (NYSE:IBM) for 1,191 shares. Rockland Co has 0.24% invested in International Business Machines Corporation (NYSE:IBM) for 15,710 shares. 6,852 are held by Private Na. 4,143 were accumulated by Jones Finance Lllp.

Modera Wealth Management Llc, which manages about $1.59 billion and $534.01 million US Long portfolio, decreased its stake in Spdr Series Trust (CWB) by 223,750 shares to 31,021 shares, valued at $1.62M in 2019Q1, according to the filing.

More notable recent SunTrust Banks, Inc. (NYSE:STI) news were published by: Fool.com which released: “High-End Retailers Lululemon, RH, Deliver the Goods – The Motley Fool” on June 16, 2019, also Bizjournals.com with their article: “Auburn University secures financing for large-scale project – Birmingham Business Journal” published on July 10, 2019, Investorplace.com published: “The 7 Best Acquisitions of 2019 – Investorplace.com” on June 24, 2019. More interesting news about SunTrust Banks, Inc. (NYSE:STI) were released by: Bizjournals.com and their article: “Lowe’s picks Charlotte for tech hub, will anchor new office tower – Charlotte Business Journal” published on June 27, 2019 as well as Finance.Yahoo.com‘s news article titled: “2U Is Bridging the Gap Between Education and Technology – Yahoo Finance” with publication date: June 18, 2019.

Campbell Newman Asset Management Inc, which manages about $443.30 million and $647.56M US Long portfolio, upped its stake in Merck & Company Incorporated (NYSE:MRK) by 28,258 shares to 160,512 shares, valued at $13.35 million in 2019Q1, according to the filing. It also increased its holding in Marathon Petroleum Corp. (NYSE:MPC) by 10,629 shares in the quarter, for a total of 111,013 shares, and has risen its stake in Eastman Chemical Co. (NYSE:EMN).

Analysts await SunTrust Banks, Inc. (NYSE:STI) to report earnings on July, 18 before the open. They expect $1.47 EPS, down 1.34% or $0.02 from last year’s $1.49 per share. STI’s profit will be $659.34 million for 11.02 P/E if the $1.47 EPS becomes a reality. After $1.33 actual EPS reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts 10.53% EPS growth.

Investors sentiment decreased to 0.72 in 2019 Q1. Its down 0.14, from 0.86 in 2018Q4. It turned negative, as 95 investors sold STI shares while 267 reduced holdings. 97 funds opened positions while 163 raised stakes. 334.46 million shares or 3.68% more from 322.58 million shares in 2018Q4 were reported. Goldman Sachs Gp has invested 0.17% in SunTrust Banks, Inc. (NYSE:STI). Moreover, Bb&T Securities Limited has 0.05% invested in SunTrust Banks, Inc. (NYSE:STI). Thrivent Fin For Lutherans reported 20,316 shares stake. Fiduciary holds 0.01% or 4,416 shares. Salzhauer Michael reported 1.28% in SunTrust Banks, Inc. (NYSE:STI). Smith Salley & accumulated 3,907 shares. Montag A & Associate has 237,406 shares for 1.3% of their portfolio. Geode Limited Liability reported 0.1% stake. Moreover, Burke Herbert National Bank has 0.24% invested in SunTrust Banks, Inc. (NYSE:STI) for 4,497 shares. Livforsakringsbolaget Skandia Omsesidigt owns 4,171 shares. Jefferies Gp Limited Liability Corporation holds 0.01% or 24,685 shares in its portfolio. Advsr Capital Management Ltd Liability reported 54,477 shares. Reilly Advsr Limited Liability Corp owns 336 shares or 0% of their US portfolio. Germany-based Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.08% in SunTrust Banks, Inc. (NYSE:STI). 2.80M are owned by Legal & General Public Lc.

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.(tagsToTranslate)SunTrust Banks Inc.(t)SunTrust Banks Inc. – (NYSE:STI)(t)NYSE:STI(t)Stock News(t)13F(t)Insitutional Ownership Change(t)International Business Machines Corporation(t)International Business Machines Corporation – (NYSE:IBM)(t)NYSE:IBM(t)Stock News(t)13F(t)Insitutional Ownership Change


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