Truist Financial Corporation (NYSE: TFC) – Suitable For Long Term Buy?

The Vanguard Group, Inc. recently announced the acquisition of new stake in Truist Financial Corporation (NYSE:TFC). The institutional investor has increased its shareholding in the Financial company by 0.25% to 111.44 million shares with purchase of 0.28 million shares. This fresh investment now brings its stake to 8.37% valued currently at $3.16 billion. In addition, […]

Truist Financial Corporation (TFC) Testing Investors’ Patience Right Now

With over 8.57 million Truist Financial Corporation (TFC) shares trading Monday and a closing price of $31.44 on the day, the dollar volume was approximately $269.4 million. The shares have shown a positive half year performance of 2.41% and its price on 11/27/23 lost nearly -1.07%. Currently, there are 1.33B common shares owned by the […]