Cooper Creek Partners Management Cut By $3.13 Million Its Model N (MODN) Stake; Profile of 14 Analysts Covering SunTrust Banks, Inc. (STI)

December 20, 2017 - By Vivian Park

Cooper Creek Partners Management Llc decreased Model N Inc (MODN) stake by 49.05% reported in 2017Q2 SEC filing. Cooper Creek Partners Management Llc sold 240,767 shares as Model N Inc (MODN)’s stock rose 14.81%. The Cooper Creek Partners Management Llc holds 250,114 shares with $3.33 million value, down from 490,881 last quarter. Model N Inc now has $468.55M valuation. The stock increased 0.47% or $0.075 during the last trading session, reaching $15.975. About 144,383 shares traded. Model N, Inc. (NYSE:MODN) has risen 18.66% since December 20, 2016 and is uptrending. It has outperformed by 1.96% the S&P500.

Among 32 analysts covering Suntrust Banks Inc. (NYSE:STI), 14 have Buy rating, 0 Sell and 18 Hold. Therefore 44% are positive. Suntrust Banks Inc. had 92 analyst reports since July 20, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained SunTrust Banks, Inc. (NYSE:STI) on Wednesday, July 5 with “Hold” rating. BMO Capital Markets maintained the shares of STI in report on Friday, July 7 with “Hold” rating. The firm has “Buy” rating by UBS given on Tuesday, December 12. On Monday, October 23 the stock rating was downgraded by Sandler O’Neill to “Hold”. Bernstein upgraded the shares of STI in report on Friday, January 8 to “Outperform” rating. The company was maintained on Friday, August 25 by Robert W. Baird. Citigroup maintained SunTrust Banks, Inc. (NYSE:STI) on Monday, October 9 with “Neutral” rating. Portales Partners upgraded the stock to “Outperform” rating in Tuesday, June 28 report. RBC Capital Markets maintained SunTrust Banks, Inc. (NYSE:STI) rating on Friday, October 20. RBC Capital Markets has “Buy” rating and $65.0 target. Deutsche Bank maintained SunTrust Banks, Inc. (NYSE:STI) on Wednesday, August 12 with “Buy” rating. See SunTrust Banks, Inc. (NYSE:STI) latest ratings:

12/12/2017 Broker: UBS Rating: Buy New Target: $73.0 Upgrade
12/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $71.0 Upgrade
13/12/2017 Broker: Wood Old Rating: Market Perform New Rating: Outperform Upgrade
31/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $55.0 Maintain
26/10/2017 Broker: Nomura Rating: Neutral Old Target: $63 New Target: $64 Maintain
23/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $62.0 Maintain
23/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $65 New Target: $68 Maintain
23/10/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $63 New Target: $68 Maintain
23/10/2017 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Downgrade
23/10/2017 Broker: Sandler O’Neill Old Rating: Buy New Rating: Hold Downgrade

Investors sentiment decreased to 0.91 in 2017 Q2. Its down 0.01, from 0.92 in 2017Q1. It dived, as 51 investors sold SunTrust Banks, Inc. shares while 249 reduced holdings. 65 funds opened positions while 210 raised stakes. 385.84 million shares or 1.02% less from 389.82 million shares in 2017Q1 were reported. Thrivent Financial For Lutherans accumulated 0% or 18,320 shares. Moreover, Crawford Inv Counsel has 0.01% invested in SunTrust Banks, Inc. (NYSE:STI) for 5,463 shares. Cadence Cap Mngmt Ltd Liability Company invested in 20,181 shares. Gw Henssler & Associates Limited accumulated 3,702 shares. Oak Limited Oh owns 123,355 shares for 0.53% of their portfolio. Raymond James And Associates has invested 0.07% in SunTrust Banks, Inc. (NYSE:STI). Apg Asset Nv has invested 0.07% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Hbk Sorce Advisory Llc invested 0.04% in SunTrust Banks, Inc. (NYSE:STI). Wespac Advisors Lc reported 10,618 shares or 0.41% of all its holdings. Sg Americas Securities Limited Liability Company holds 0.02% of its portfolio in SunTrust Banks, Inc. (NYSE:STI) for 48,008 shares. Boston Advisors Limited owns 222,326 shares or 0.29% of their US portfolio. Amica Pension Fund Board Of Trustees accumulated 0.14% or 20,333 shares. Bowling Port Mngmt Lc has invested 0.04% in SunTrust Banks, Inc. (NYSE:STI). Arcadia Investment Management Mi owns 0% invested in SunTrust Banks, Inc. (NYSE:STI) for 12 shares. Tradewinds Capital Mgmt reported 0% stake.

Since August 14, 2017, it had 0 insider purchases, and 1 insider sale for $46,331 activity. $46,331 worth of SunTrust Banks, Inc. (NYSE:STI) shares were sold by Johnson Susan S.

The stock increased 0.06% or $0.04 during the last trading session, reaching $65.67. About 2.99M shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since December 20, 2016 and is uptrending. It has outperformed by 10.12% the S&P500.

SunTrust Banks, Inc. operates as the holding firm for SunTrust Bank that provides various financial services for consumers, businesses, firms, and institutions in the United States. The company has market cap of $31.26 billion. It operates through three divisions: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. It has a 16.84 P/E ratio. The Consumer Banking and Private Wealth Management segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; and professional investment management and trust services, as well as family office solutions.

Analysts await Model N, Inc. (NYSE:MODN) to report earnings on February, 5. They expect $-0.18 earnings per share, up 14.29% or $0.03 from last year’s $-0.21 per share. After $-0.18 actual earnings per share reported by Model N, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.62 in Q2 2017. Its down 0.77, from 2.39 in 2017Q1. It fall, as 4 investors sold MODN shares while 14 reduced holdings. 15 funds opened positions while 28 raised stakes. 15.98 million shares or 0.81% less from 16.11 million shares in 2017Q1 were reported. Goldman Sachs Group owns 16,649 shares. Moreover, Amer Gru Inc has 0% invested in Model N, Inc. (NYSE:MODN). Gp One Trading Ltd Partnership owns 3,321 shares or 0% of their US portfolio. Pnc Svcs Gru holds 0% or 184 shares in its portfolio. Soros Fund Mgmt Ltd Llc holds 0.62% or 2.61 million shares. Rgm Lc, a Florida-based fund reported 1.67M shares. Barclays Public Ltd Liability has invested 0% in Model N, Inc. (NYSE:MODN). D E Shaw And Co holds 0% in Model N, Inc. (NYSE:MODN) or 213,131 shares. Rhumbline Advisers has 0% invested in Model N, Inc. (NYSE:MODN) for 25,302 shares. 41,284 were reported by California State Teachers Retirement Sys. State Common Retirement Fund reported 0% stake. Redmile Grp Lc stated it has 858,314 shares. National Bank & Trust Of Mellon holds 80,185 shares. Ameritas Investment accumulated 1,727 shares. Moreover, Bancorporation Of Montreal Can has 0% invested in Model N, Inc. (NYSE:MODN).

Among 9 analysts covering Model N Inc (NYSE:MODN), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Model N Inc had 10 analyst reports since February 16, 2016 according to SRatingsIntel. On Tuesday, December 19 the stock rating was reinitiated by Dougherty & Company with “Buy”. The firm earned “Buy” rating on Tuesday, August 9 by Deutsche Bank. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, November 16. The firm has “Hold” rating by Craig Hallum given on Tuesday, December 13. The firm has “Buy” rating by Craig Hallum given on Tuesday, February 16. JP Morgan upgraded the shares of MODN in report on Friday, November 11 to “Overweight” rating. On Tuesday, December 12 the stock rating was downgraded by J.P. Morgan to “Hold”. The rating was downgraded by JMP Securities to “Market Perform” on Tuesday, August 9.

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