TFC stock icon

Truist Financial
TFC

$43.10
1.08%

Market Cap: 57.7B

 

About: Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments.

Employees: 50,832

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 22 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

41% more call options, than puts

Call options by funds: $496M | Put options by funds: $353M

7% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 122

4% more capital invested

Capital invested by funds: $35.1B [Q4 2023] → $36.5B (+$1.39B) [Q1 2024]

1% more funds holding

Funds holding: 1,367 [Q4 2023] → 1,375 (+8) [Q1 2024]

0.9% less ownership

Funds ownership: 71.36% [Q4 2023] → 70.46% (-0.9%) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 517 | Existing positions reduced: 553

20% less funds holding in top 10

Funds holding in top 10: 15 [Q4 2023] → 12 (-3) [Q1 2024]

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$38
12%
downside
Avg. target
$43
0%
upside
High target
$49
14%
upside

22 analyst ratings

11 positive
50%
11 neutral
50%
negative
0%
Baird
David George
4%upside
$45
Neutral
Downgraded
17 Jul 2024
Stephens & Co.
Terry McEvoy
9%upside
$47
Overweight
Maintained
16 May 2024
Barclays
Jason Goldberg
0%downside
$43
Equal-Weight
Reinstated
16 May 2024
Piper Sandler
Scott Siefers
5%downside
$41
Neutral
Maintained
14 May 2024
Evercore ISI Group
John Pancari
2%upside
$44
In-Line
Reinstated
9 May 2024

Financial journalist opinion

Based on 13 articles about TFC published over the past 30 days