Sun Bancorp INC (SNBC) Holder Ejf Capital LLC Has Decreased Its Holding by $16.46 Million

May 17, 2018 - By Christine McCrea

Investors sentiment decreased to 1.85 in 2017 Q4. Its down 0.15, from 2 in 2017Q3. It dived, as 5 investors sold SNBC shares while 15 reduced holdings. 10 funds opened positions while 27 raised stakes. 8.46 million shares or 5.84% less from 8.98 million shares in 2017Q3 were reported. Parallax Volatility Advisers Ltd Partnership holds 1,638 shares or 0% of its portfolio. Ameritas Investment Prns Inc, Nebraska-based fund reported 943 shares. Manufacturers Life Ins Company The stated it has 0% of its portfolio in Sun Bancorp, Inc. (NASDAQ:SNBC). Morgan Stanley has 393,603 shares for 0% of their portfolio. Wells Fargo And Mn holds 17,265 shares or 0% of its portfolio. Citigroup Inc stated it has 0% in Sun Bancorp, Inc. (NASDAQ:SNBC). Moreover, Glenmede Trust Na has 0% invested in Sun Bancorp, Inc. (NASDAQ:SNBC). Strs Ohio reported 0% of its portfolio in Sun Bancorp, Inc. (NASDAQ:SNBC). Schwab Charles Mngmt reported 0% stake. Great West Life Assurance Co Can accumulated 0% or 1,100 shares. Mendon Capital owns 1.47% invested in Sun Bancorp, Inc. (NASDAQ:SNBC) for 632,784 shares. Barclays Public Limited Com holds 0% or 2,667 shares. Legal General Gp Public Limited Liability invested in 2,905 shares. Panagora Asset Management Incorporated holds 0% of its portfolio in Sun Bancorp, Inc. (NASDAQ:SNBC) for 31,798 shares. Jpmorgan Chase And has 2,323 shares for 0% of their portfolio.

Emanuel J. Friedman decreased its stake in Sun Bancorp Inc (SNBC) by 47.76% based on its latest 2017Q4 regulatory filing with the SEC. Ejf Capital Llc sold 685,777 shares as the company’s stock 0.00% . The hedge fund run by Emanuel J. Friedman held 750,000 shares of the finance company at the end of 2017Q4, valued at $18.23 million, down from 1.44 million at the end of the previous reported quarter. Ejf Capital Llc who had been investing in Sun Bancorp Inc for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 1.21% or $0.3 during the last trading session, reaching $24.5. About 10,589 shares traded or Infinity% up from the average. Sun Bancorp, Inc. (NASDAQ:SNBC) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Ejf Capital Llc, which manages about $7.64 billion and $1.25 billion US Long portfolio, upped its stake in Ally Finl Inc (NYSE:ALLY) by 229,790 shares to 1.94 million shares, valued at $56.48 million in 2017Q4, according to the filing. It also increased its holding in Keycorp New (NYSE:KEY) by 845,000 shares in the quarter, for a total of 2.47 million shares, and has risen its stake in Brighthouse Finl Inc.

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