Letko Brosseau & Associates Has Cut Its Bb&T (BBT) Position; Brightcove (BCOV)’s Sentiment Is 1.34



July 13, 2018 – By Palma Niemeyer

Brightcove Inc. (NASDAQ:BCOV) Logo

Brightcove Inc (BCOV) investors sentiment increased to 1.34 in 2018 Q1. It’s up 0.40, from 0.94 in 2017Q4. The ratio is more positive, as 39 investment managers started new or increased stock positions, while 29 sold and decreased stakes in Brightcove Inc. The investment managers in our database now have: 19.71 million shares, down from 19.84 million shares in 2017Q4. Also, the number of investment managers holding Brightcove Inc in top ten stock positions decreased from 2 to 1 for a decrease of 1. Sold All: 3 Reduced: 26 Increased: 25 New Position: 14.

Letko Brosseau & Associates Inc decreased Bb&T Corp (BBT) stake by 1.55% reported in 2018Q1 SEC filing. Letko Brosseau & Associates Inc sold 16,245 shares as Bb&T Corp (BBT)’s stock declined 1.68%. The Letko Brosseau & Associates Inc holds 1.03M shares with $53.69 million value, down from 1.05 million last quarter. Bb&T Corp now has $39.75 billion valuation. The stock decreased 1.11% or $0.57 during the last trading session, reaching $50.98. About 2.44 million shares traded. BB&T Corporation (NYSE:BBT) has risen 28.68% since July 13, 2017 and is uptrending. It has outperformed by 16.11% the S&P500.

Investors sentiment decreased to 1.12 in Q1 2018. Its down 0.03, from 1.15 in 2017Q4. It dropped, as 36 investors sold BBT 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. Mark Sheptoff Fincl Planning Ltd Company invested in 0% or 93 shares. Mitchell Mcleod Pugh & Williams Inc has invested 0.23% in BB&T Corporation (NYSE:BBT). Delta Asset Management Llc Tn invested in 421 shares. Mitsubishi Ufj Tru & Banking Corp invested in 1.62M shares or 0.15% of the stock. Koch Industries owns 17,951 shares. Salzhauer Michael stated it has 1.22% in BB&T Corporation (NYSE:BBT). Roosevelt Investment Grp Inc reported 39,904 shares. Massmutual Tru Fsb Adv has 0% invested in BB&T Corporation (NYSE:BBT) for 4,610 shares. Bankshares Of Nova Scotia stated it has 0.03% of its portfolio in BB&T Corporation (NYSE:BBT). Mackenzie Fin invested 0% in BB&T Corporation (NYSE:BBT). Gamco Inc Et Al reported 17,500 shares. Jolley Asset holds 3,825 shares or 0.12% of its portfolio. Barnett And accumulated 0.1% or 3,799 shares. Bangor Bank & Trust owns 0.3% invested in BB&T Corporation (NYSE:BBT) for 29,358 shares. Trexquant Invest LP stated it has 0.38% in BB&T Corporation (NYSE:BBT).

Letko Brosseau & Associates Inc increased Glaxosmithkline Plc (NYSE:GSK) stake by 17,775 shares to 1.05M valued at $40.85M in 2018Q1. It also upped Lifepoint Health Inc (NASDAQ:LPNT) stake by 65,245 shares and now owns 1.49 million shares. Celestica Inc (NYSE:CLS) was raised too.

More news for BB&T Corporation (NYSE:BBT) were recently published by: Seekingalpha.com, which released: “Banks report dividend boost, buybacks on no objection to its capital plan” on June 28, 2018. Bizjournals.com‘s article titled: “FDIC, state banking commissioner end BB&T consent order” and published on July 01, 2018 is yet another important article.

Analysts await BB&T Corporation (NYSE:BBT) to report earnings on July, 19 before the open. They expect $1.01 EPS, up 29.49% or $0.23 from last year’s $0.78 per share. BBT’s profit will be $787.55M for 12.62 P/E if the $1.01 EPS becomes a reality. After $0.97 actual EPS reported by BB&T Corporation for the previous quarter, Wall Street now forecasts 4.12% EPS growth.

Since January 19, 2018, it had 0 insider purchases, and 17 sales for $25.39 million activity. $167,146 worth of BB&T Corporation (NYSE:BBT) was sold by Standridge Brantley J. Another trade for 2,817 shares valued at $151,504 was sold by Powell Cynthia B. KING KELLY S also sold $3.28 million worth of BB&T Corporation (NYSE:BBT) on Friday, January 19. Another trade for 16,279 shares valued at $882,345 was made by Yates William Rufus on Tuesday, May 8. On Tuesday, March 6 the insider HENRY I. PATRICIA sold $155,943. On Thursday, January 25 Henson Christopher L sold $2.66 million worth of BB&T Corporation (NYSE:BBT) or 48,524 shares. $130,852 worth of BB&T Corporation (NYSE:BBT) was sold by Boyer K. David Jr..

Among 17 analysts covering BB&T Corp (NYSE:BBT), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. BB&T Corp had 26 analyst reports since January 18, 2018 according to SRatingsIntel. Piper Jaffray maintained BB&T Corporation (NYSE:BBT) on Thursday, January 18 with “Hold” rating. FBR Capital upgraded BB&T Corporation (NYSE:BBT) rating on Tuesday, March 27. FBR Capital has “Buy” rating and $5900 target. Keefe Bruyette & Woods maintained the shares of BBT in report on Monday, February 26 with “Hold” rating. The firm has “Buy” rating by BMO Capital Markets given on Thursday, February 8. Morgan Stanley maintained BB&T Corporation (NYSE:BBT) on Friday, April 20 with “Equal-Weight” rating. SunTrust maintained the shares of BBT in report on Thursday, January 18 with “Buy” rating. BMO Capital Markets maintained the shares of BBT in report on Thursday, April 19 with “Buy” rating. SunTrust maintained BB&T Corporation (NYSE:BBT) rating on Thursday, April 19. SunTrust has “Buy” rating and $6000 target. The firm has “Buy” rating by B. Riley & Co given on Tuesday, March 27. The firm earned “Hold” rating on Thursday, January 18 by Jefferies.

Analysts await Brightcove Inc. (NASDAQ:BCOV) to report earnings on July, 25. They expect $-0.12 EPS, up 40.00% or $0.08 from last year’s $-0.2 per share. After $-0.04 actual EPS reported by Brightcove Inc. for the previous quarter, Wall Street now forecasts 200.00% negative EPS growth.

Brightcove Inc. provides cloud-based services for video. The company has market cap of $337.63 million. The firm primarily offers Video Cloud, an online video platform that enables its clients to publish and distribute video to Internet-connected devices. It currently has negative earnings. The Company’s Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video player technology, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and analytics.

Mcclain Value Management Llc holds 4.55% of its portfolio in Brightcove Inc. for 434,283 shares. Hawk Ridge Capital Management Lp owns 1.72 million shares or 3.5% of their US portfolio. Moreover, Cooper Creek Partners Management Llc has 2.25% invested in the company for 573,288 shares. The Arkansas-based Horrell Capital Management Inc. has invested 1.4% in the stock. Herald Investment Management Ltd, a United Kingdom-based fund reported 471,000 shares.

Another recent and important Brightcove Inc. (NASDAQ:BCOV) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Winnebago Industries, SkyWest, Brightcove, Selective Insurance Group …” on June 20, 2018.

It closed at $9.55 lastly. It is down 75.00% since July 13, 2017 and is uptrending. It has outperformed by 62.43% the S&P500. Some Historical BCOV News: 26/04/2018 – Tribeca Film Festival Selects Brightcove to Deliver Video Content to Film Enthusiasts Around The World; 03/05/2018 – BRIGHTCOVE INC – NORECK CURRENTLY SERVES AS SENIOR VICE PRESIDENT OF FINANCE AND SALES OPERATIONS; 21/05/2018 – Brightcove Launches OTT Flow X, Powered by Accedo; 09/05/2018 – OUTtv Selects Brightcove OTT Flow Powered by Accedo for OUTtvGO OTT Service; 17/05/2018 – 500+ Global Video Industry Leaders Converge in Boston for Brightcove PLAY 2018; 10/04/2018 – Young Hollywood Reduces Operational Costs with Brightcove’s Context Aware Encoding; 20/04/2018 – Brightcove Forms Golden Cross: Technicals; 15/04/2018 – The Quint India Selects Brightcove For Its Digital-First News Platform; 26/04/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Compass Minerals International, Consolidated Communications; 11/04/2018 – BRIGHTCOVE NAMES JEFF RAY CEO

BB&T Corporation (NYSE:BBT) Institutional Positions Chart

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