Sci-tech

BB&T Corporation (BBT) Set to Announce Quarterly Earnings on Thursday

The stock was sold at an average price of $43.37, for a total value of $2,324,371.78. FMR has an ownership of 1,464,005 stocks of the insurance provider's shares valued at $65,440,000 after scooping up an extra 998,898 shares through out the quarter. Bb&T Corporation now has $36.88B valuation. The stock rose 0.02% or $0.01 reaching $45.44. About 1.68 million shares traded. It has outperformed by 3.98% the S&P500. River Road Asset Management Llc reported 2.36 million shares or 2.13% of all its holdings. Quadrant Capital Group LLC raised its position in BB&T Corporation by 2.6% in the first quarter. Riverhead Cap Mgmt Ltd Com holds 0.01% or 2,400 shares in its portfolio. The lower end of the projection is $0.75 per share, while the higher end is $0.82 per share. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 31.59% since July 13, 2016 and is uptrending. It has outperformed by 23.39% the S&P500. For now, BBT is the toast of Wall Street as its ABR stands at 2.60 with 4 out of 30 analysts rating the stock a buy. Therefore 71% are positive. On Friday, September 23 the stock rating was maintained by CLSA with "Outperform". BidaskClub upgraded shares of BB&T Corporation from a "sell" rating to a "hold" rating in a report on Saturday, June 10th. On Tuesday, April 5 the stock rating was initiated by Evercore with "Buy". The firm has "Buy" rating given on Tuesday, March 29 by Citigroup. On Friday, November 11 the stock rating was downgraded by Brean Capital to "Neutral". The firm has "Sell" rating by Credit Agricole given on Thursday, October 15.

Investors sentiment decreased to 1.17 in Q4 2016.

Since January 1, 0001, it had 0 insider purchases, and 3 sales for $1.07 million activity. It dropped, as 47 investors sold BB&T Corporation shares while 271 reduced holdings. The active investment managers in our partner's database now own: 518.52 million shares, up from 504.45 million shares in 2016Q3. Carl Domino Incorporated reported 35,860 shares or 1.8% of all its holdings. BB&T Corporation's quarterly revenue was up 9.2% on a year-over-year basis. Kanawha Mngmt Limited Co invested in 1.55% or 196,670 shares. Security National has invested 0.31% in BB&T Corporation (NYSE:BBT). BB&T Corporation (NYSE:BBT) has risen 20.68% since July 13, 2016 and is uptrending. Virtus Investment Advisers reported 68,947 shares. It also reduced its holding in Hubbell Inc by 22,491 shares in the quarter, leaving it with 266,964 shares, and cut its stake in Qualcomm Inc. Diligent Invsts Limited Liability Com owns 7,412 shares.

BB&T Corporation (BBT) has an Analysts' Mean Recommendation of 2.6, according to data compiled by Finviz. Mirador Cap Prtnrs Lp holds 6,734 shares. (NASDAQ:UBSI). Moreover, Calvert Inv Management Inc has 0.01% invested in United Bankshares, Inc. The institutional investor owned 39,049 shares of the insurance provider's stock after buying an additional 479 shares during the period. Salzhauer Michael has 1.52% invested in BB&T Corporation (NYSE:BBT). Following the completion of the sale, the insider now directly owns 131,350 shares of the company's stock, valued at approximately $5,696,649.50. The insider Powell Cynthia B sold 3,845 shares worth $187,483. Boys Arnold And Com Inc invested 0.28% in BB&T Corporation (NYSE:BBT). KING KELLY S sold $13.21M worth of stock. Shares for $6.83M were sold by BURROWS CLIFFORD on Thursday, May 18.

05/16/2016 - BB&T Corporation was upgraded to " by analysts at SunTrust. Therefore 38% are positive. As per Friday, October 16, the company rating was maintained by Barclays Capital.

Director Thomas Nichols Thompson sold 21,025 shares at an average price of $47.74 on Wednesday the 15th.

Cleararc Capital Inc. boosted its stake in shares of BB&T Corporation (NYSE:BBT) by 1.2% during the first quarter, according to its most recent Form 13F filing with the SEC.

12/15/2016 - BB&T Corporation had its " rating reiterated by analysts at RBC Capital. Zacks upgraded the stock to "Sell" rating in Thursday, August 20 report. The firm earned "Neutral" rating on Friday, October 16 by Hilliard Lyons.

Van Den Berg Management I Inc holds 4.92% of its portfolio in Allegheny Technologies Incorporated for 2.60 million shares. It also reduced Bristol (NYSE:BMY) stake by 17,296 shares and now owns 82,382 shares. British American Tobacco Plc (BTAFF) was raised too.

BB&T Corporation (NYSE:BBT) last posted its earnings results on Thursday, April 20th. In contrast to the year ago quarter EPS was at 0.83. BBT's profit would be $623.06 million giving it 14.73 P/E if the $0.77 EPS is correct. Analysts expect next quarter's EPS to be $0.78 with next year's EPS anticipated to be $3.48.

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