Grace & White Increases Position in Summit Hotel Pptys Com (INN); Washington Capital Management Holding in Suntrust Bks (STI) Has Cut by $1.27 Million

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Grace & White Inc increased its stake in Summit Hotel Pptys Inc Com (INN) by 79.41% based on its latest 2018Q4 regulatory filing with the SEC. Grace & White Inc bought 236,450 shares as the company’s stock rose 3.70% with the market. The institutional investor held 534,199 shares of the consumer services company at the end of 2018Q4, valued at $5.20M, up from 297,749 at the end of the previous reported quarter. Grace & White Inc who had been investing in Summit Hotel Pptys Inc Com for a number of months, seems to be bullish on the $1.18 billion market cap company. The stock decreased 1.49% or $0.17 during the last trading session, reaching $11.21. About 844,554 shares traded or 21.26% up from the average. Summit Hotel Properties, Inc. (NYSE:INN) has declined 11.21% since March 17, 2018 and is downtrending. It has underperformed by 15.58% the S&P500. Some Historical INN News: 05/04/2018 – SUMMIT HOTEL PROPERTIES – ON MARCH 31, BOARD NAMED JONATHAN CF; 05/04/2018 – SUMMIT HOTEL PROPERTIES INC – ON MARCH 31 CFO, GREGORY DOWELL RETIRED FROM CO; 02/05/2018 – Summit Hotel 1Q FFO 31c/Shr; 20/04/2018 – DJ Summit Hotel Properties Inc, Inst Holders, 1Q 2018 (INN); 30/04/2018 – Summit Hotel Properties Declares First Quarter 2018 Dividends; 07/03/2018 Agilysys Solutions Selected by The Summit Hotel, Cincinnati to Optimize Efficiency and Enhance the Guest Experience; 18/04/2018 – Consolidated Research: 2018 Summary Expectations for Solar Capital, Summit Hotel Properties, FARO Technologies, Medical Propert; 02/05/2018 – Summit Hotel 1Q EPS 1c; 02/05/2018 – Summit Hotel 1Q Rev $140.2M; 30/03/2018 – Analysis: Positioning to Benefit within Aerojet Rocketdyne, Summit Hotel Properties, Apollo Endosurgery, The KEYW Holding, FARO

Washington Capital Management Inc decreased its stake in Suntrust Bks Inc (STI) by 49.58% based on its latest 2018Q4 regulatory filing with the SEC. Washington Capital Management Inc sold 25,385 shares as the company’s stock rose 4.96% with the market. The institutional investor held 25,815 shares of the finance company at the end of 2018Q4, valued at $1.30 million, down from 51,200 at the end of the previous reported quarter. Washington Capital Management Inc who had been investing in Suntrust Bks Inc for a number of months, seems to be less bullish one the $28.28B market cap company. The stock decreased 0.45% or $0.29 during the last trading session, reaching $63.8. About 4.67M shares traded. SunTrust Banks, Inc. (NYSE:STI) has declined 4.15% since March 17, 2018 and is downtrending. It has underperformed by 8.52% the S&P500. Some Historical STI News: 24/04/2018 – SUNTRUST BANKS INC QTRLY NET INTEREST MARGIN WAS 3.24 PCT, UP 15 BASIS POINTS; 15/03/2018 – DNB Global IV Adds SunTrust Banks, Exits IBM; 20/04/2018 – SunTrust 1Q Rev $2.24B; 08/05/2018 – Sun Hydraulics Non-Deal Roadshow Set By SunTrust for May. 15; 24/04/2018 – SUNTRUST BANKS INC – BOOK VALUE PER COMMON SHARE WAS $47.14 AND TANGIBLE BOOK VALUE PER COMMON SHARE WAS $33.97 AT QTR-END; 13/03/2018 – Cabot Corp Non-Deal Roadshow Scheduled By SunTrust for Mar. 20; 01/05/2018 – ManpowerGroup Group Meeting Scheduled By SunTrust for May. 8; 15/05/2018 – GUIDANCE: Seaco Container $200m ABS via DB/CS/PNC/SunTrust; 09/05/2018 – SunTrust Banks Presenting at Barclays Conference May 15; 07/04/2018 – Hilton Grand Vacations Access Event Set By SunTrust for Apr. 10

Investors sentiment decreased to 0.86 in Q4 2018. Its down 0.37, from 1.23 in 2018Q3. It is negative, as 74 investors sold STI shares while 269 reduced holdings. 91 funds opened positions while 205 raised stakes. 322.58 million shares or 9.49% less from 356.40 million shares in 2018Q3 were reported. Wellington Shields Capital Mgmt Ltd Liability Co owns 0.08% invested in SunTrust Banks, Inc. (NYSE:STI) for 8,900 shares. 3,780 are held by Grp Inc One Trading Lp. 39 were accumulated by Valley Advisers Incorporated. Salem Invest Counselors Inc has invested 0.06% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Amalgamated State Bank invested 0.08% in SunTrust Banks, Inc. (NYSE:STI). Captrust Advsrs holds 0.06% in SunTrust Banks, Inc. (NYSE:STI) or 23,736 shares. Three Peaks Cap Mngmt Ltd has 32,244 shares. Rmb Mgmt Limited Liability Com stated it has 0.01% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Usa Fin Portformulas Corporation has 0.12% invested in SunTrust Banks, Inc. (NYSE:STI) for 7,298 shares. Moreover, Bokf Na has 0.02% invested in SunTrust Banks, Inc. (NYSE:STI) for 12,898 shares. Neuberger Berman Gp Limited Liability Corporation invested in 0.03% or 401,232 shares. Visionary Asset Inc reported 4,341 shares. Patten Patten Tn holds 61,263 shares or 0.38% of its portfolio. Oregon Public Employees Retirement Fund reported 0.04% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Jupiter Asset Ltd accumulated 97,643 shares.

Analysts await SunTrust Banks, Inc. (NYSE:STI) to report earnings on April, 19. They expect $1.30 EPS, up 0.78% or $0.01 from last year’s $1.29 per share. STI’s profit will be $576.22 million for 12.27 P/E if the $1.30 EPS becomes a reality. After $1.50 actual EPS reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

More notable recent SunTrust Banks, Inc. (NYSE:STI) news were published by: Seekingalpha.com which released: “BB&T And SunTrust – Merger On – Seeking Alpha” on February 18, 2019, also Twst.com with their article: “Queens Oak Advisors See Upside in Selected Stocks: Get Their New Top Picks – The Wall Street Transcript” published on March 14, 2019, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For March 11, 2019 – Benzinga” on March 11, 2019. More interesting news about SunTrust Banks, Inc. (NYSE:STI) were released by: Bizjournals.com and their article: “CBJ Morning Buzz: Name game for Charlotte’s newest bank HQ; Wells Fargo gets $240M in settlement; Local coal-ash site ranks among worst – Charlotte Business Journal” published on March 05, 2019 as well as Investorplace.com‘s news article titled: “3 Reasons JP Morgan Is a Solid Blue-Chip Play – Investorplace.com” with publication date: March 15, 2019.

More notable recent Summit Hotel Properties, Inc. (NYSE:INN) news were published by: Globenewswire.com which released: “AVX Announces New Additions to MIL-PRF-39006 QPL – GlobeNewswire” on February 26, 2019, also Investingnews.com with their article: “Experts: Oversight to Blame For Vale’s Disaster – Investing News Network” published on February 27, 2019, Investingnews.com published: “Senate Finance Committee Blasts Pharma CEOs on Drug Prices | INN – Investing News Network” on February 26, 2019. More interesting news about Summit Hotel Properties, Inc. (NYSE:INN) were released by: Investingnews.com and their article: “VIDEO — Jayant Bhandari: The Trade War Will Blow Over – Investing News Network” published on March 15, 2019 as well as Investingnews.com‘s news article titled: “VIDEO — Mickey Fulp: Now is “Absolutely” the Time for Uranium – Investing News Network” with publication date: March 04, 2019.

Investors sentiment increased to 1.35 in 2018 Q4. Its up 0.18, from 1.17 in 2018Q3. It is positive, as 17 investors sold INN shares while 60 reduced holdings. 32 funds opened positions while 72 raised stakes. 103.80 million shares or 0.02% less from 103.81 million shares in 2018Q3 were reported. State Teachers Retirement Systems stated it has 0% of its portfolio in Summit Hotel Properties, Inc. (NYSE:INN). Bancshares Of Montreal Can stated it has 17,697 shares or 0% of all its holdings. State Of Alaska Department Of Revenue owns 68,735 shares. Sei Invs owns 60,213 shares. Blair William & Co Il holds 14,918 shares. 16,097 were reported by Bnp Paribas Arbitrage. Kbc Group Nv reported 3,268 shares stake. Northern Trust has invested 0.01% in Summit Hotel Properties, Inc. (NYSE:INN). Mutual Of America Cap Mgmt Ltd Liability Corporation stated it has 113,142 shares or 0.02% of all its holdings. Element Capital Mgmt Ltd Liability Co holds 0.01% of its portfolio in Summit Hotel Properties, Inc. (NYSE:INN) for 19,689 shares. Aqr Cap Mngmt Limited Liability Corporation invested in 38,774 shares. Dean Associates Ltd Liability Corporation holds 0.28% of its portfolio in Summit Hotel Properties, Inc. (NYSE:INN) for 183,374 shares. 103,591 were accumulated by Citigroup. Numerixs Investment Techs owns 0.01% invested in Summit Hotel Properties, Inc. (NYSE:INN) for 3,700 shares. Amp Capital Invsts Ltd stated it has 65,621 shares.

Since November 2, 2018, it had 1 buy, and 0 insider sales for $113,500 activity.

Summit Hotel Properties, Inc. (NYSE:INN) Institutional Positions Chart