Independence Trust Co Has Lifted Suntrust Bks (STI) Holding by $1.72 Million; Share Price Rose; Marten Transport LTD (MRTN) Holder Bnp Paribas Arbitrage Sa Raised Its Stake by $1.14 Billion as Share Value Rose

May 19, 2018 - By Nellie Frank

SunTrust Banks, Inc. (NYSE:STI) Logo

Bnp Paribas Arbitrage Sa increased its stake in Marten Transport Ltd (MRTN) by 276.55% based on its latest 2017Q4 regulatory filing with the SEC. Bnp Paribas Arbitrage Sa bought 56,012 shares as the company’s stock rose 9.07% while stock markets declined. The institutional investor held 76,266 shares of the transportation company at the end of 2017Q4, valued at $1.55 billion, up from 20,254 at the end of the previous reported quarter. Bnp Paribas Arbitrage Sa who had been investing in Marten Transport Ltd for a number of months, seems to be bullish on the $1.17 billion market cap company. The stock increased 1.42% or $0.3 during the last trading session, reaching $21.4. About 151,962 shares traded. Marten Transport, Ltd. (NASDAQ:MRTN) has risen 56.47% since May 19, 2017 and is uptrending. It has outperformed by 44.92% 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 $32.25B market cap company. The stock decreased 1.05% or $0.73 during the last trading session, reaching $68.65. About 1.80M shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 22.73% since May 19, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

Among 4 analysts covering Marten Transport (NASDAQ:MRTN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Marten Transport had 13 analyst reports since August 27, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Avondale on Friday, July 22. The stock of Marten Transport, Ltd. (NASDAQ:MRTN) earned “Hold” rating by Stephens on Friday, April 20. On Friday, December 16 the stock rating was downgraded by Stifel Nicolaus to “Sell”. Stifel Nicolaus maintained it with “Hold” rating and $15.0 target in Wednesday, August 23 report. The firm has “Hold” rating given on Thursday, July 20 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, April 6 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 27. Stephens maintained the stock with “Buy” rating in Monday, January 8 report. The company was upgraded on Friday, February 10 by Stifel Nicolaus. Stifel Nicolaus maintained Marten Transport, Ltd. (NASDAQ:MRTN) on Wednesday, January 27 with “Buy” rating.

Since February 2, 2018, it had 1 insider buy, and 2 insider sales for $271,698 activity. Shares for $140,938 were sold by WINKEL THOMAS J. Hinnendael James J bought 7,500 shares worth $149,865.

Bnp Paribas Arbitrage Sa, which manages about $56400.55B US Long portfolio, decreased its stake in Materials Select Sector Spdr Fund (XLB) by 111,451 shares to 177,619 shares, valued at $10.75 billion in 2017Q4, according to the filing. It also reduced its holding in Alamos Gold Inc by 5,413 shares in the quarter, leaving it with 64,638 shares, and cut its stake in Ii Vi Inc (NASDAQ:IIVI).

Another recent and important Marten Transport, Ltd. (NASDAQ:MRTN) news was published by Globenewswire.com which published an article titled: “Marten Transport Declares Quarterly Dividend” on May 08, 2018.

Investors sentiment decreased to 1.34 in 2017 Q4. Its down 11.56, from 12.9 in 2017Q3. It dropped, as 7 investors sold MRTN shares while 52 reduced holdings. 32 funds opened positions while 47 raised stakes. 36.35 million shares or 50.97% less from 74.14 million shares in 2017Q3 were reported. Morgan Stanley reported 201,799 shares. Wellington Management Grp Inc Limited Liability Partnership has 0.01% invested in Marten Transport, Ltd. (NASDAQ:MRTN). Hodges Management reported 105,484 shares. Foundry Limited Liability Corporation has invested 0.31% in Marten Transport, Ltd. (NASDAQ:MRTN). Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Marten Transport, Ltd. (NASDAQ:MRTN) for 2,287 shares. Northwestern Mutual Wealth Mgmt accumulated 0% or 83 shares. California Pub Employees Retirement Systems invested in 0% or 112,604 shares. Susquehanna Group Ltd Liability Partnership holds 0% or 28,096 shares. Bard Assoc holds 0.63% or 64,634 shares in its portfolio. C M Bidwell & Ltd accumulated 0.18% or 9,995 shares. Alphaone Svcs Ltd invested 1.37% of its portfolio in Marten Transport, Ltd. (NASDAQ:MRTN). Swiss Comml Bank holds 69,583 shares or 0% of its portfolio. New York-based Blackrock has invested 0.01% in Marten Transport, Ltd. (NASDAQ:MRTN). Missouri-based Argent Cap Limited Com has invested 0.04% in Marten Transport, Ltd. (NASDAQ:MRTN). Aqr Capital Management Limited Liability Corporation accumulated 0% or 60,119 shares.

Since January 23, 2018, it had 2 buys, and 5 insider sales for $1.53 million activity. 29,248 SunTrust Banks, Inc. (NYSE:STI) shares with value of $507,911 were sold by Lienhard Jerome T. 1,500 shares were sold by Scanlan Agnes Bundy, worth $101,025 on Wednesday, May 2. 6,000 SunTrust Banks, Inc. (NYSE:STI) shares with value of $395,760 were bought by VOORHEES STEVEN C. Shares for $525,975 were sold by Chancy Mark A on Friday, February 16. 1,000 shares were bought by SCRUGGS FRANK P JR, worth $69,010.

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.18, from 0.91 in 2017Q3. It increased, 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. Elizabeth Park Advsr Ltd reported 231,135 shares stake. Ontario Teachers Pension Plan Board has 60,748 shares for 0.05% of their portfolio. Fulton National Bank Na reported 14,627 shares. Moors & Cabot invested 0.06% in SunTrust Banks, Inc. (NYSE:STI). First Midwest Bancorporation Trust Division reported 0.28% in SunTrust Banks, Inc. (NYSE:STI). Moreover, Apg Asset Nv has 0.17% invested in SunTrust Banks, Inc. (NYSE:STI). Todd Asset Mngmt Ltd Liability Com, a Kentucky-based fund reported 540,095 shares. New York-based Douglass Winthrop Advsr Limited has invested 0.06% in SunTrust Banks, Inc. (NYSE:STI). Moreover, Union National Bank has 0.12% invested in SunTrust Banks, Inc. (NYSE:STI) for 6,091 shares. Greenwood Cap Limited has 87,208 shares for 1.31% of their portfolio. Toth Finance Advisory holds 114 shares or 0% of its portfolio. Central Commercial Bank & Tru owns 38,684 shares. Private Ocean Ltd Liability Co accumulated 120 shares. Waddell & Reed reported 738,100 shares or 0.11% of all its holdings. Thompson Davis & Inc owns 525 shares for 0.08% of their portfolio.

Among 35 analysts covering Suntrust Banks Inc. (NYSE:STI), 16 have Buy rating, 0 Sell and 19 Hold. Therefore 46% are positive. Suntrust Banks Inc. had 118 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Buy” rating by Sandler O’Neill on Monday, January 23. Jefferies maintained the stock with “Buy” rating in Monday, January 8 report. Portales Partners upgraded the stock to “Outperform” rating in Tuesday, June 28 report. The firm has “Overweight” rating given on Tuesday, November 24 by Piper Jaffray. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Hold” rating given on Tuesday, April 10 by Susquehanna. The firm has “Buy” rating by Piper Jaffray given on Monday, October 2. Keefe Bruyette & Woods maintained SunTrust Banks, Inc. (NYSE:STI) rating on Monday, June 5. Keefe Bruyette & Woods has “Hold” rating and $5800 target. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Neutral” rating given on Wednesday, November 30 by Wedbush. Citigroup maintained SunTrust Banks, Inc. (NYSE:STI) on Monday, April 25 with “Neutral” rating. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Buy” rating by Vining Sparks on Friday, April 20.

Marten Transport, Ltd. (NASDAQ:MRTN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>