June 15, 2018 – By Lynda A. Deweese
Investors sentiment decreased to 1.12 in Q1 2018. Its down 0.03, from 1.15 in 2017Q4. It is negative, as 36 investors sold BB&T Corporation shares while 301 reduced holdings. 110 funds opened positions while 268 raised stakes. 481.29 million shares or 0.34% more from 479.66 million shares in 2017Q4 were reported.
Barnett Incorporated holds 3,799 shares or 0.1% of its portfolio. Management Va stated it has 4,200 shares. Element Cap Management Ltd stated it has 4,544 shares or 0.01% of all its holdings. Valley Natl Advisers has 62,057 shares for 1.2% of their portfolio. Trustmark State Bank Tru Department holds 0.03% of its portfolio in BB&T Corporation (NYSE:BBT) for 5,293 shares. Profund Advisors Lc holds 43,909 shares. Ls Inv Advsr Limited Co owns 30,731 shares for 0.1% of their portfolio. Norinchukin Fincl Bank The accumulated 51,610 shares. Barton Inv Mgmt has 0.02% invested in BB&T Corporation (NYSE:BBT). Argent Tru owns 0.13% invested in BB&T Corporation (NYSE:BBT) for 9,478 shares. Franklin Street Advisors Nc invested in 28,060 shares or 0.22% of the stock. Moreover, World Asset Mgmt Inc has 0.11% invested in BB&T Corporation (NYSE:BBT) for 46,836 shares. Logan Management holds 0.64% or 173,981 shares in its portfolio. Banque Pictet And Cie holds 0.05% in BB&T Corporation (NYSE:BBT) or 49,129 shares. Greenwood Cap Lc invested in 1.42% or 112,317 shares.
Since January 19, 2018, it had 0 insider purchases, and 16 insider sales for $25.26 million activity. $3.66M worth of BB&T Corporation (NYSE:BBT) shares were sold by DUCK BARBARA F. 44,960 shares were sold by Goodrich Donna C, worth $2.41M on Wednesday, April 25. 2,500 shares were sold by Boyer K. David Jr., worth $137,587 on Tuesday, February 20. $199,181 worth of stock was sold by LYNN LOUIS B on Monday, January 22. Bradley W Bennett sold $306,847 worth of stock or 5,565 shares. The insider Powell Cynthia B sold 8,929 shares worth $486,760.
Analysts expect BB&T Corporation (NYSE:BBT) to report $1.01 EPS on July, 19.They anticipate $0.23 EPS change or 29.49 % from last quarter’s $0.78 EPS. BBT’s profit would be $787.55M giving it 12.98 P/E if the $1.01 EPS is correct. After having $0.97 EPS previously, BB&T Corporation’s analysts see 4.12 % EPS growth. The stock decreased 2.51% or $1.35 during the last trading session, reaching $52.44. About 5.73 million shares traded or 46.05% up from the average. BB&T Corporation (NYSE:BBT) has risen 28.68% since June 15, 2017 and is uptrending. It has outperformed by 16.11% the S&P500.
BB&T Corporation (NYSE:BBT) Ratings Coverage
Among 19 analysts covering BB&T Corp (NYSE:BBT), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. BB&T Corp had 35 analyst reports since December 18, 2017 according to SRatingsIntel. Sandler O’Neill maintained BB&T Corporation (NYSE:BBT) on Thursday, April 19 with “Hold” rating. The firm earned “Buy” rating on Thursday, April 19 by BMO Capital Markets. The firm earned “Buy” rating on Tuesday, March 27 by B. Riley & Co. The stock has “Buy” rating by Stephens on Monday, April 23. SunTrust maintained BB&T Corporation (NYSE:BBT) rating on Thursday, April 19. SunTrust has “Buy” rating and $6000 target. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, April 4. On Tuesday, January 9 the stock rating was upgraded by Raymond James to “Buy”. Susquehanna maintained BB&T Corporation (NYSE:BBT) rating on Thursday, January 4. Susquehanna has “Hold” rating and $54.0 target. The firm earned “Equal-Weight” rating on Friday, April 20 by Morgan Stanley. SunTrust maintained BB&T Corporation (NYSE:BBT) rating on Monday, January 8. SunTrust has “Buy” rating and $59.0 target.
BB&T Corporation operates as a financial holding firm that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company has market cap of $40.89 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 16.28 P/E ratio. The companyÂ’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.
Another recent and important BB&T Corporation (NYSE:BBT) news was published by Seekingalpha.com which published an article titled: “Auto lenders take on more risk to attract more customers: WSJ” on June 11, 2018.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.