Sterling Bancorp Stock News

TCI Wealth Advisors Inc. increased its holdings in Sterling Bancorp (NYSE:STL) by 8.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,056 shares of the financial services providers stock after buying an additional 600 shares during the period. TCI Wealth Advisors Inc.s holdings []

PEARL RIVER, N.Y., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL) today announced it has made a strategic investment in Goalsetter , an innovative mobile banking company aimed at promoting financial literacy and empowerment amongst K-12 students. According to studies compiled by the U.S. Financial Literacy and Education Commission, only one third of adults can answer at least four of five financial literacy questions on fundamental concepts such as mortgages, interest rates, inflation and risk. Goalsetter proactively addresses these knowledge gaps through educational resources, budgeting tips, and planning tools that promote financial literacy and learning, while augmenting the experience with an FDIC insured deposit product and online and in-store spending through its Cashola debit card.

HomeTrust Bancshares (NASDAQ:HTBI) and Sterling Bancorp (NASDAQ:SBT) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, risk, profitability, earnings and analyst recommendations. Analyst Ratings This is a breakdown of recent recommendations for HomeTrust Bancshares and Sterling Bancorp, []

Sterling Bancorp with ticker code (STL) have now 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 32 and 26 with a mean TP of 28.81. Now with the previous closing price of 24.98 this is indicating there is a potential upside of 15.3%. There is a 50 day moving average of 26.12 and the 200 day moving average is 24.48. The company has a market cap of $4,831m. Visit the company website at: https://www.sterlingbancorp.com [stock_market_widget type="chart" symbol="STL" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including interest and non-interest checking, savings, money market, time, and demand deposits, as well as certificates of deposit.

Zacks Investment Research upgraded shares of Sterling Bancorp (NYSE:STL) from a hold rating to a buy rating in a research report released on Wednesday, Zacks.com reports. The brokerage currently has $28.00 price objective on the financial services providers stock. According to Zacks, Sterling Bancorp is the holding company for Sterling National Bank, a financial services []

Shares of Sterling Bancorp (NYSE:STL) have been given a consensus recommendation of Buy by the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective [] The post Sterling Bancorp (NYSE:STL) Given Average Recommendation of Buy by Brokerages appeared first on ETF Daily News .

PEARL RIVER, N.Y., Dec. 10, 2021 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share) on its 6.50% Series A Non-Cumulative Perpetual Preferred stock (NYSE: STLPRA). The dividend is payable on January 14, 2022 to shareholders of record as of December 30, 2021.

Zacks Investment Research lowered shares of Sterling Bancorp (NYSE:STL) from a buy rating to a hold rating in a research note published on Tuesday, Zacks.com reports. According to Zacks, Sterling Bancorp is the holding company for Sterling National Bank, a financial services firm. Sterling National Bank provides various banking and financial products and services primarily []

Millennium Management LLC acquired a new stake in shares of Sterling Bancorp (NASDAQ:SBT) during the second quarter, Holdings Channel reports. The firm acquired 280,114 shares of the companys stock, valued at approximately $1,275,000. Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Squarepoint Ops LLC acquired a []

Sterling Bancorp (NYSE:STL) General Counsel James P. Blose sold 3,000 shares of the stock in a transaction dated Monday, December 6th. The shares were sold at an average price of $25.63, for a total transaction of $76,890.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this []

This is the 2nd day in a row stl has seen its price head up. The post Sterling Bancorp (STL): Price Up $0.36 (1.43)% Over Past Day, Up $0.39 (1.54)% Over Past Hour appeared first on ETF Daily News .

Morgan Stanley reduced its stake in Sterling Bancorp (NYSE:STL) by 23.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 247,527 shares of the financial services providers stock after selling 77,109 shares during the quarter. Morgan Stanleys holdings in Sterling Bancorp were worth $6,135,000 at []

Sterling Bancorp (NASDAQ:SBT) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 209,700 shares, an increase of 18.4% from the October 31st total of 177,100 shares. Approximately 1.3% of the companys stock are sold short. Based on an average trading volume of 75,800 []

Zacks Investment Research upgraded shares of Sterling Bancorp (NYSE:STL) from a hold rating to a buy rating in a research note released on Wednesday morning, Zacks.com reports. Zacks Investment Research currently has $28.00 target price on the financial services providers stock. According to Zacks, Sterling Bancorp is the holding company for Sterling National Bank, a []

Zacks Investment Research downgraded shares of Sterling Bancorp (NYSE:STL) from a buy rating to a hold rating in a research report released on Monday morning, Zacks.com reports. According to Zacks, Sterling Bancorp is the holding company for Sterling National Bank, a financial services firm. Sterling National Bank provides various banking and financial products and services [] The post Sterling Bancorp (NYSE:STL) Rating Lowered to Hold at Zacks Investment Research appeared first on ETF Daily News .