As Herbalife LTD (HLF) Shares Rose, Deccan Value Investors LP Cut Its Stake by $19.93 Million; Suntrust Bks (STI) Market Value Rose While Independence Trust Co Has Upped by $1.72 Million Its Stake

April 17, 2018 - By Ellis Scott

Herbalife Ltd. (NYSE:HLF) Logo

Vinit Bodas decreased its stake in Herbalife Ltd (HLF) by 3.8% based on its latest 2017Q4 regulatory filing with the SEC. Deccan Value Investors Lp sold 297,394 shares as the company’s stock rose 38.48% while stock markets declined. The hedge fund run by Vinit Bodas held 7.52M shares of the other pharmaceuticals company at the end of 2017Q4, valued at $509.31M, down from 7.82 million at the end of the previous reported quarter. Deccan Value Investors Lp who had been investing in Herbalife Ltd for a number of months, seems to be less bullish one the $8.36 billion market cap company. The stock increased 0.79% or $0.8 during the last trading session, reaching $101.46. About 394,451 shares traded. Herbalife Ltd. (NYSE:HLF) has risen 68.63% since April 17, 2017 and is uptrending. It has outperformed by 57.08% the S&P500.

Independence Trust Co increased its stake in Suntrust Bks Inc (STI) by 593.18% based on its latest 2017Q4 regulatory filing with the SEC. Independence Trust Co bought 26,859 shares as the company’s stock rose 1.41% while stock markets declined. The institutional investor held 31,387 shares of the finance company at the end of 2017Q4, valued at $2.03M, up from 4,528 at the end of the previous reported quarter. Independence Trust Co who had been investing in Suntrust Bks Inc for a number of months, seems to be bullish on the $31.59B market cap company. The stock increased 0.10% or $0.07 during the last trading session, reaching $67.45. About 2.88 million shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 22.73% since April 17, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

Investors sentiment increased to 1.09 in 2017 Q4. 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. Atlantic Trust Grp Inc Lc invested in 13,421 shares or 0% of the stock. Credit Suisse Ag owns 731,847 shares for 0.04% of their portfolio. San Francisco Sentry Inv Grp (Ca) owns 0.01% invested in SunTrust Banks, Inc. (NYSE:STI) for 731 shares. Envestnet Asset Mngmt holds 94,229 shares. Signaturefd Ltd Liability Corp holds 0.14% or 17,818 shares. Mastrapasqua Asset Mgmt Incorporated reported 52,215 shares stake. Whittier Tru accumulated 4,307 shares. Conning reported 17,262 shares. Canada Pension Plan Invest Board reported 771,715 shares. Nomura Incorporated holds 30,580 shares or 0% of its portfolio. 73,742 were accumulated by Metropolitan Life Insur New York. Amer And Mgmt Com owns 0.11% invested in SunTrust Banks, Inc. (NYSE:STI) for 5,491 shares. Commerce Bancorporation owns 18,453 shares. 7,002 are held by Partnervest Advisory Serv Ltd Liability Corporation. British Columbia Investment invested in 215,392 shares or 0.1% of the stock.

Since January 23, 2018, it had 0 insider buys, and 3 insider sales for $1.29 million activity. The insider Lienhard Jerome T sold $507,911. $525,975 worth of SunTrust Banks, Inc. (NYSE:STI) shares were sold by Chancy Mark A.

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 111 analyst reports since July 20, 2015 according to SRatingsIntel. Credit Suisse upgraded SunTrust Banks, Inc. (NYSE:STI) on Monday, October 9 to “Hold” rating. Wedbush downgraded the stock to “Neutral” rating in Thursday, December 21 report. The stock has “Outperform” rating by FBR Capital on Monday, January 23. The stock has “Hold” rating by FBR Capital on Monday, January 22. BMO Capital Markets maintained it with “Hold” rating and $79.0 target in Friday, January 19 report. The firm earned “Hold” rating on Thursday, August 27 by Evercore. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, August 14. On Tuesday, January 12 the stock rating was upgraded by Bank of America to “Buy”. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Neutral” rating by Compass Point on Wednesday, November 23. The rating was maintained by RBC Capital Markets with “Buy” on Friday, January 19.

Among 7 analysts covering Herbalife (NYSE:HLF), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Herbalife had 24 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with “Neutral”. Zacks upgraded it to “Hold” rating and $67 target in Friday, August 7 report. The stock of Herbalife Ltd. (NYSE:HLF) earned “Hold” rating by SunTrust on Thursday, January 25. The firm earned “Buy” rating on Wednesday, August 2 by Pivotal Research. Citigroup upgraded Herbalife Ltd. (NYSE:HLF) rating on Tuesday, March 6. Citigroup has “Buy” rating and $114 target. The stock has “Buy” rating by Tigress Financial on Thursday, August 3. The rating was maintained by Citigroup on Thursday, February 22 with “Neutral”. The rating was maintained by Barclays Capital on Tuesday, August 4 with “Overweight”. The company was maintained on Thursday, August 27 by Pivotal Research. Pivotal Research maintained it with “Buy” rating and $90 target in Tuesday, August 4 report.

Analysts await Herbalife Ltd. (NYSE:HLF) to report earnings on May, 3 after the close. They expect $1.07 earnings per share, down 13.71% or $0.17 from last year’s $1.24 per share. HLF’s profit will be $88.19 million for 23.71 P/E if the $1.07 EPS becomes a reality. After $1.29 actual earnings per share reported by Herbalife Ltd. for the previous quarter, Wall Street now forecasts -17.05% negative EPS growth.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.10, from 0.89 in 2017Q3. It turned negative, as 32 investors sold HLF shares while 69 reduced holdings. 39 funds opened positions while 41 raised stakes. 84.64 million shares or 11.72% less from 95.88 million shares in 2017Q3 were reported. Commerzbank Aktiengesellschaft Fi owns 72,484 shares for 0.06% of their portfolio. New York-based Quantbot LP has invested 0.07% in Herbalife Ltd. (NYSE:HLF). Qs Investors Limited Liability Com stated it has 4,836 shares. Fmr Limited Liability Com stated it has 0.05% of its portfolio in Herbalife Ltd. (NYSE:HLF). 274,848 were accumulated by Tiaa Cref Investment Management Limited Liability. Barrow Hanley Mewhinney Strauss Ltd Liability Corp owns 353 shares for 0% of their portfolio. Numeric Invsts Limited Liability Corp accumulated 3,600 shares. Hanson Mcclain Incorporated invested 0% in Herbalife Ltd. (NYSE:HLF). Pekin Singer Strauss Asset Management Il invested 3.11% in Herbalife Ltd. (NYSE:HLF). Guggenheim Capital Ltd Llc has invested 0.01% in Herbalife Ltd. (NYSE:HLF). Missouri-based First Allied Advisory Svcs has invested 0.01% in Herbalife Ltd. (NYSE:HLF). Panagora Asset Management holds 0% of its portfolio in Herbalife Ltd. (NYSE:HLF) for 5,436 shares. Massachusetts Serv Co Ma owns 0% invested in Herbalife Ltd. (NYSE:HLF) for 8,541 shares. State Street owns 0.01% invested in Herbalife Ltd. (NYSE:HLF) for 1.11 million shares. Icahn Carl C, a New York-based fund reported 22.87M shares.

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

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By1 Ellis Scott

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