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Truist Financial beat earnings estimates, announced a dividend, and saw institutional ownership dip slightly.
Institutional investor Montag A & Associates Inc. reduced its holdings in Truist Financial by 1.8%, and other firms also adjusted their stakes.
Truist reported earnings of $0.91 per share, beating estimates, with revenue at $5.11 billion.
The company announced a $0.52 quarterly dividend.
Analysts have raised price targets, with ratings mostly positive.
Institutional investors own 71.28% of Truist's stock.
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Truist Financial superó las estimaciones de ingresos, anunció un dividendo y vio una ligera caída en la propiedad institucional.