BB&T Corp (NYSE:BBT) Sentiment Falls to 1.12, Because

June 27, 2018 - By Julia Strobel

BB&T Corporation (NYSE:BBT) Corporate Logo

Positions for BB&T Corp (NYSE:BBT)

“Big money sentiment for BB&T Corp (NYSE:BBT) in 2018 Q1 decreased to 1.12, SEC filings reveal. That’s down -0.03, from 2017Q4’s 1.15. 378 funds started new and increased equity positions, while 337 reduced and sold stakes in BB&T Corp so the sentiment is negative. Funds own 481.29 million shares, up from 479.66 million shares in 2017Q4. Funds holding BB&T Corp in top 10 increased from 12 to 21 for an increase of 9. 36 Investors Sold All; 301 Reduced Holdings; 268 increased holdings while 110 funds bought holdings.

Biggest BB&T Corp Investors

Montgomery Investment Management Inc owns 557,966 shares in BB&T Corp as of 2018 Q1. As of 2018 Q1, 8.29 million shares of BB&T Corp are owned by Burgundy Asset Management Ltd.. Moreover, Keating Investment Counselors Inc reported 163,807 shares in BB&T Corp equivalent to 3.93% of its fund portfolio. Mcrae Capital Management Inc revealed 165,526 shares position in BB&T Corp. The Pennsylvania-based fund Wheatland Advisors Inc looks positive on BB&T Corp, owning 88,886 shares.

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 firm is worth $40.10 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services.15.96 is the 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.

Ticker’s shares touched $51.42 during the last trading session after 0.02% change.Currently BB&T Corporation is uptrending after 28.68% change in last June 27, 2017. BBT has also 1.31M shares volume. The stock outperformed the S&P500 by 16.11%.

BB&T Corporation (NYSE:BBT)’s earnings report is expected by WallStreet on July, 19, according to Zacks. The EPS diference is $0.23 or 29.49 % up from last years number. Previous year: $0.78; Analysts forcast: $1.01. BBT’s profit could be $787.55M if the current EPS of $1.01 is accurate. Analysts at Wall Street see BB&T Corporation’s 4.12 % EPS growth compared to $0.97 EPS for last quarter.

Argyle Cap stated it has 48,800 shs or 1.01% of all its holdings. Ameriprise Financial accumulated 4.05M shs. 421 were reported by Delta Asset Mngmt Limited Company Tn. Hudock Capital Group Lc, a Pennsylvania-based fund reported 550 shs. Nine Masts Ltd holds 0% or 157 shs in its capital. Opus Cap Ltd Co has 23,865 shs for 0.31% of their capital. First Tru Lp accumulated 1.75 million shs. Balyasny Asset Management reported 0% in BB&T Corporation (NYSE:BBT). Shell Asset Mngmt Co invested in 68,374 shs or 0.07% of the stock. Magnetar Ltd accumulated 0.01% or 8,152 shs. Smith Salley Associate owns 204,183 shs. First In reported 1,100 shs or 0.04% of all its holdings. Parsons Cap Management Ri holds 0.04% or 7,102 shs in its capital. Hillsdale Invest invested in 7,300 shs. Parthenon Limited Co reported 11,783 shs.

BB&T Corporation registered $25.39 million net activity with 0 buys and 17 selling transactions since January 19, 2018. HENRY I. PATRICIA sold $155,943 worth of BB&T Corporation (NYSE:BBT) or 2,825 shs on Tuesday, March 6. On Wednesday, April 25 Shares for $3.66 million were sold by DUCK BARBARA F. 48,524 shs were sold by Henson Christopher L, worth $2.66M on Thursday, January 25. Bible Daryl N. also sold $4.01M worth of BB&T Corporation (NYSE:BBT) on Wednesday, April 25. Another trade for 80,789 shs valued at $4.35 million was made by KING KELLY S on Wednesday, April 25. On Wednesday, April 25 the insider Goodrich Donna C sold $2.41 million.

BB&T Corporation (NYSE:BBT) Ratings Coverage

In total 19 analysts cover BB&T Corp (NYSE:BBT). “Buy” rating has 11, “Sell” are 0, while 8 are “Hold”. 58% are bullish. With $64.0 highest and $50.0 lowest PT BB&T Corp has $56.38 average PT or 9.65% above the current ($51.42) price. 32 are the (NYSE:BBT)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Thursday, April 19 Sandler O’Neill maintained BB&T Corporation (NYSE:BBT) rating. Sandler O’Neill has “Hold” rating and $5600 target. On Friday, January 19 the stock of BB&T Corporation (NYSE:BBT) earned “Hold” rating by Keefe Bruyette & Woods. In Thursday, January 18 report Robert W. Baird maintained it with “Hold” rating and $52.0 target. In Wednesday, April 4 report Keefe Bruyette & Woods maintained it with “Hold” rating and $5600 target. On Tuesday, January 9 Raymond James upgraded BB&T Corporation (NYSE:BBT) to “Buy” rating. On Thursday, April 19 SunTrust maintained the shares of BBT in report with “Buy” rating. On Monday, April 23 Hilliard Lyons upgraded BB&T Corporation (NYSE:BBT) to “Buy” rating. On Thursday, January 4 the firm has “Hold” rating by Susquehanna given. In Tuesday, March 27 report FBR Capital upgraded it to “Buy” rating and $5900 target. In Wednesday, April 11 report Edward Jones upgraded the stock to “Buy” rating.

For more BB&T Corporation (NYSE:BBT) news published recently go to: Nasdaq.com, Bizjournals.com, Bizjournals.com, Bizjournals.com or Prnewswire.com. The titles are as follows: “Analysis: Positioning to Benefit within Marinus Pharmaceuticals, Valley National, BB&T, Cognizant Technology …” published on June 27, 2018, “Bank Notes: KeyCorp’s branch closing plan hits Greater Philadelphia” on June 25, 2018, “How the revamped Wells Fargo, American Express rewards card stacks up against the competition” with a publish date: June 26, 2018, “How much does CEO Kelly King believe BB&T will change when he is gone?” and the last “BB&T Corporation CEO to present at Morgan Stanley Financials Conference” with publication date: June 05, 2018.

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

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