Hudson Valley Investment Advisors Inc Adv Lowers stake in Sterling Bancorp (STL)

Sterling Bancorp (STL) : Hudson Valley Investment Advisors Inc Adv reduced its stake in Sterling Bancorp by 0.63% during the most recent quarter end. The investment management company now holds a total of 564,726 shares of Sterling Bancorp which is valued at $9,227,623 after selling 3,575 shares in Sterling Bancorp , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.Sterling Bancorp makes up approximately 2.98% of Hudson Valley Investment Advisors Inc Adv’s portfolio.

Sterling Bancorp closed down -0.01 points or -0.06% at $16.33 with 8,36,737 shares getting traded on Monday. Post opening the session at $16.35, the shares hit an intraday low of $16.17 and an intraday high of $16.39 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Other Hedge Funds, Including , Grimes Company sold out all of its stake in STL during the most recent quarter. The investment firm sold 12,115 shares of STL which is valued $197,959.Strs Ohio reduced its stake in STL by selling 1,200 shares or 18.46% in the most recent quarter. The Hedge Fund company now holds 5,300 shares of STL which is valued at $88,987. Sterling Bancorp makes up approx 0.01% of Strs Ohio’s portfolio. Simplex Trading sold out all of its stake in STL during the most recent quarter. The investment firm sold 602 shares of STL which is valued $9,885.Capstone Asset Management Co reduced its stake in STL by selling 1,910 shares or 6.29% in the most recent quarter. The Hedge Fund company now holds 28,464 shares of STL which is valued at $467,379. Sterling Bancorp makes up approx 0.01% of Capstone Asset Management Co’s portfolio.

Sterling Bancorp formerly Provident New York Bancorp is a holding company. The Company operates through its subsidiary Sterling National Bank (SNB) which specializes in the delivery of service and solutions to business owners their families and consumers. SNB offers a range of commercial business and consumer banking products and services. The Bank primarily originates commercial real estate loans and commercial and industrial loans. It also originates residential mortgage loans and consumer loans such as home equity lines of credit homeowner loans and personal loans in market area. The Bank invests in government and agency securities State and municipal securities equities and mortgage-backed securities. SNB offers a range of deposit accounts with a range of interest rates and terms. As of September 30 2014 the Company had over $7.3 billion in assets.

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