NEW YORK, August 16, 2017 /PRNewswire/ --
If you want a Stock Review on PNC, RY, STI, or STL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Financials' stocks are
set to surge higher over the next 12 months due to rising dividends and bigger share buybacks, according to Goldman Sachs. As per
one of Goldman Sachs' strategist: " This is the first year that certain money center banks have been permitted to pay
out more than net income. Accelerating dividend growth should attract equity income investors, who are broadly underweight the
Financials sector " . Ahead of today's trading session, DailyStockTracker.com monitors the performances of
these four equities: The PNC Financial Services Group Inc. (NYSE: PNC), Royal Bank of Canada
(NYSE: RY), SunTrust Banks Inc. (NYSE: STI), and Sterling Bancorp (NYSE: STL). Daily Stock Tracker provides great insights on
these stocks in its free research reports at:
http://dailystocktracker.com/register/
PNC Financial Services
Pittsburgh, Pennsylvania headquartered The PNC Financial Services Group Inc.'s shares saw a
slight drop of 0.43%, finishing Tuesday's trading session at $130.34. A total volume of 2.62
million shares was traded, which was higher than their three months average volume of 2.16 million shares. In the last month and
the previous three months, the stock has advanced 2.34% and 6.30%, respectively. Additionally, the Company's shares have gained
11.44% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.61% and 8.83%,
respectively. Moreover, shares of the Company, which operates as a diversified financial services company in the US and
internationally, have a Relative Strength Index (RSI) of 56.19.
On August 10 th, 2017, research firm Wells Fargo resumed its 'Market Perform' rating
on the Company's stock.
On August 10 th, 2017, PNC Financial Services appointed Debra A. Cafaro to
its Board of Directors, effective immediately. Cafaro is the Chairman of the Board and CEO of Ventas, Inc., an S&P 500
company that is a leading owner of seniors housing, healthcare, and research properties. Free research report on PNC is available
at:
http://dailystocktracker.com/registration/?symbol=PNC
Royal Bank of Canada
On Tuesday, shares in Toronto, Canada headquartered Royal Bank of Canada recorded a trading volume of 1.04 million shares, which was above their three months average volume
of 1.02 million shares. The stock ended the session 0.38% lower at $73.22. The Company's shares
have gained 6.98% over the previous three months and 8.14% on an YTD basis. The stock is trading 0.34% above its 50-day moving
average and 3.86% above its 200-day moving average. Furthermore, shares of the Company, which together with its subsidiaries,
operates as a diversified financial service company worldwide, have an RSI of 43.60.
On July 18 th, 2017, research firm Canaccord Genuity initiated a 'Hold' rating on the
Company's stock.
On August 03 rd, 2017, Royal Bank of Canada
announced that it will release its Q3 2017 results on August 23rd, 2017 at approximately 6:00 a.m. EDT. The
conference call is scheduled for 8:00 a.m. EDT on that same day and will feature a presentation by Company executives,
followed by a question-and-answer period with analysts. The complimentary research report on RY can be downloaded at:
http://dailystocktracker.com/registration/?symbol=RY
SunTrust Banks
Shares in Atlanta, Georgia headquartered SunTrust Banks Inc. closed at $57.35, rising 0.07% from the last trading session. The stock recorded a trading volume of 2.11 million shares.
The Company's shares have gained 1.29% in the last one month, 0.54% over the previous three months, and 4.56% since the start of
this year. The stock is trading 1.56% and 3.37% above its 50-day and 200-day moving averages, respectively. Additionally, shares
of SunTrust Banks have an RSI of 52.61.
On August 08 th, 2017, SunTrust Banks' Board of Directors approved an increase in the
dividend on the Company's common stock. A quarterly cash dividend of $0.40 per common share was declared payable
on September 15th, 2017, to shareholders of record at the close of business on August 31st, 2017.
The previous quarterly dividend was $0.26.
On August 10 th, 2017, research firm Wells Fargo resumed its 'Outperform' rating on
the Company's stock, with a target price of $70 per share. Visit DailyStockTracker.com today and
access our complete research report on STI at:
http://dailystocktracker.com/registration/?symbol=STI
Sterling Bancorp
Montebello, New York-based Sterling Bancorp's stock ended 1.55% lower at $22.30 with a total trading volume of 1.11 million shares. The Company's shares are trading below their 50-day
moving average by 3.03%. Shares of the Company have an RSI of 42.05.
On August 14 th, 2017, Sterling National Bank, a
subsidiary of Sterling Bancorp, announced that it has named Elvis Grgurovic as Vice President and
Managing Director of Commercial Banking. Grgurovic, who will be based in the Company's White
Plains office and report to Senior Managing Director Joe Giamartino, will lead the team's
sales and services efforts. Get free access to your research report on STL at:
http://dailystocktracker.com/registration/?symbol=STL
--
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular
investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent
departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles
and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a
registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks
and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES :
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"),
provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary,
based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a
reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the
information herein. The Reviewer has only independently reviewed the information provided by the Author according to the
procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party
research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside
of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing
of the information, or (2) warrant any results from use of the information. The included information is subject to change without
notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re
a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between
09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA