Economy

Drilling Down Into BB&T Corporation (BBT)

Equities research analysts predict that BB&T Corporation will post $2.81 EPS for the current fiscal year. The Fund will pursue this objective through a world equity strategy and a short-term emerging markets and debt strategy.

Among 27 analysts covering BB&T Corp (NYSE:BBT), 9 have Buy rating, 1 Sell and 17 Hold. Therefore 32% are positive. Looking at the stock's movement on the chart, BB&T Corporation recorded a 52-week high of $49.88. The stock exchanged hands with 291,825 numbers of shares compared to its average daily volume of 4.12M shares. BB&T Corp had 67 analyst reports since July 17, 2015 according to SRatingsIntel. The rating was upgraded by SunTrust to "Outperform" on Monday, May 16. The rating was upgraded by Citigroup to "Buy" on Thursday, April 6. The firm has "Hold" rating given on Tuesday, October 3 by BMO Capital Markets. On Friday, September 2 the stock rating was downgraded by Piper Jaffray to "Neutral". On Thursday, July 20 the stock rating was maintained by BMO Capital Markets with "Hold".

Analysts expect BB&T Corporation (NYSE:BBT) to report $0.79 EPS on October, 19 before the open.They anticipate $0.03 EPS change or 3.95 % from last quarter's $0.76 EPS. The firm has "Mkt Perform" rating given on Thursday, January 19 by FBR Capital.

BB&T Corporation (NYSE:BBT) last announced its earnings results on Thursday, July 20th. In contrast to the year ago quarter EPS was at 0.79. IBM's profit will be $3.06B for 11.23 P/E if the $3.28 EPS becomes a reality. The insurance provider reported $0.77 EPS for the quarter, meeting the Zacks' consensus estimate of $0.77. The dividend was $0.330 per share for the quarter which is $1.32 annualized. The original version of this news story can be read at https://stocknewstimes.com/2017/10/10/cornerstone-capital-management-holdings-llc-sells-44189-shares-of-bbt-corporation-bbt.html. 73 funds opened positions while 295 raised stakes. The hedge funds in our partner's database reported: 511.81 million shares, down from 513.31 million shares in 2017Q1. Benjamin F Edwards Company Inc invested in 14,641 shares or 0.09% of the stock. In that case, its shares would mark a 0.9% decline from the most recent price. Deutsche Bank maintained BB&T Corporation (NYSE:BBT) on Wednesday, August 12 with "Hold" rating. Currently, BB&T Corp (BBT) has a 14-day ATR of 0.71.

Investors sentiment increased to 1.16 in 2017 Q2. Ifc Hldgs Fl holds 12,373 shares or 0.04% of its portfolio. Sii Wi stated it has 0.02% in BB&T Corporation (NYSE:BBT).

Montgomery Investment Management Inc holds 11.8% of its portfolio in BB&T Corporation for 567,921 shares.

TRADEMARK VIOLATION WARNING: "BB&T Corporation (BBT) Holdings Increased by Wilbanks Smith & Thomas Asset Management LLC" was published by TrueBlueTribune and is the property of of TrueBlueTribune. Insider ownership during the previous year has decreased by a net of 2.46 million shares. Finally, Oakworth Capital Inc. raised its position in BB&T Corporation by 51.1% in the second quarter. Outstanding shares denotes a company's stock now held by all its shareholders, comprising share blocks apprehended by institutional investors and limited shares owned by the officers and insiders of the organization. The analysts estimated sales for the higher end at 2912 million and lower end at 2778 million while the year ago reported sale was 2921.21 million. Investment Counsel ADV's holdings in BB&T Corporation were worth $5,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC). The market capitalization of the company is at $38.41 Billion. The Firm conducts its business primarily through its bank subsidiary, Branch Banking and Trust Company, and other nonbank subsidiaries. The Company's Bell Wireless segment provides wireless voice and data communications services and products to its residential, small and medium-sized business and large enterprise clients across Canada. Leaf Group Ltd (NYSE:LFGR) has risen 51.32% since October 9, 2016 and is uptrending. It has outperformed by 3.98% the S&P500.

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