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.

Receive News & Ratings for BB&T Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BB&T Corporation and related companies with our FREE daily email newsletter.



Like this

Latest


14 July 2017
DR Horton, Inc. (NYSE:DHI) Upgraded at Raymond James Financial, Inc
Greenhaven Associates Inc increased D R Horton Inc. 2,780 shares were sold by Murray Michael J , worth $89,961 on Sunday, March 5. Horton will post $2.76 EPS for the current year. "(DHI)" was reported by Chaffey Breeze and is owned by of Chaffey Breeze.

14 July 2017
Xcel Energy Inc. (NYSE:XEL) Stake Held by Livforsakringsbolaget Skandia Omsesidigt
Orinda Asset Management Llc increased Ladder Cap Corp (NYSE:LADR) stake by 109,321 shares to 206,559 valued at $2.83M in 2016Q4. BidaskClub cut shares of Xcel Energy from a "buy" rating to a "hold" rating in a research note on Thursday, July 6th.

14 July 2017
Marvell Technology Group Ltd.
The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) earned "Overweight" rating by Pacific Crest on Tuesday, June 20. On average, equities analysts anticipate that Marvell Technology Group Ltd. will post $1.10 EPS for the current year.

14 July 2017
Fernanda becomes a hurricane in the Eastern Pacific
Forecasters are monitoring Hurricane Fernanda in the East Pacific for potential impacts as it tracks west towards Hawaiʻi. The intensity forecast is near the top of the guidance envelope, close to the corrected consensus aids FSSE and HCCA.

14 July 2017
Venus Williams advances to Wimbledon Final
Crucially, Konta couldn't take her chance when she earned two break points at 4-4 as Williams served her way out of trouble. The 23-year-old, beaten by Serena Williams in the 2015 Wimbledon final, is into her third Grand Slam title match.

14 July 2017
Ex-Bush ethics lawyer on Trump Jr. meeting: 'This borders on treason'
We do not collaborate with Russian spies, unless we want to be accused of treason. But on Sunday, presented with The Times's findings, he offered a new account.

14 July 2017
Boxer and Model Lauryn Eagle's New Blow
She has not been charged while police wait for the results of the second test, which the spokeswoman said could "take some weeks". Sydney boxer and model Lauryn Eagle has found herself on the wrong side of the law, accused of drug driving .

14 July 2017
Bright Horizons Family Solutions Inc. (BFAM) Downgraded by BidaskClub to Buy
Roosevelt Investment Group Inc decreased Bright Horizons Family Solutions I (BFAM) stake by 31.68% reported in 2016Q4 SEC filing. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock.

14 July 2017
Querrey advances to Wimbledon semifinals
Querrey will now face Marin Cilic--who defeated Gilles Muller 3-6, 7-6 (8/6), 7-5, 5-7, 6-1--in the semi-finals. He will likely bounce back and be a strong contender at the US Open in the coming months.

14 July 2017
The Blackstone Group LP (BX) Stock Rating Reaffirmed by Morgan Stanley
BidaskClub upgraded The Blackstone Group L.P. from a "hold" rating to a "buy" rating in a research note on Saturday, June 24th. Private Capital Advisors, Inc. bolstered its ownership by buying 5,888 shares an increase of 2.0% as of 06/30/2017.



Recommended