Economy

Royal Bank Of Canada Reaffirms Buy Rating for BB&T Corporation (NYSE:BBT)

Lafayette Invs Incorporated stated it has 0.1% in BB&T Corporation (NYSE:BBT). Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Skba Capital Ltd Liability Com invested in 146,900 shares or 1.01% of the stock.

Several other equities research analysts have also commented on BBT. Waldron LP lifted its stake in BB&T Corporation by 152.5% in the 1st quarter. Motco now owns 71,991 shares of the insurance provider's stock worth $3,269,000 after buying an additional 1,386 shares during the last quarter. Community Bank N.A. boosted its stake in shares of BB&T Corporation by 6.2% during the 2nd quarter. Retirement Systems of Alabama now owns 418,487 shares of the company's stock valued at $14,902,000 after buying an additional 20,593 shares during the period. Ntv Asset Management Llc holds 3.59% of its portfolio in BB&T Corporation (NYSE:BBT) for 259,480 shares. Shelter Mutual Insurance Co now owns 84,200 shares of the insurance provider's stock worth $3,823,000 after buying an additional 49,900 shares during the last quarter. Finally, Motco lifted its position in shares of BB&T Corporation by 2.0% during the 2nd quarter. Stephens Inc. AR now owns 96,980 shares of the insurance provider's stock worth $4,335,000 after purchasing an additional 12,896 shares in the last quarter.

A number of large investors have recently made changes to their positions in the stock.

ILLEGAL ACTIVITY NOTICE: "American Century Companies Inc". Wedbush Securities Inc.'s holdings in BB&T Corporation were worth $526,000 as of its most recent SEC filing.

COPYRIGHT VIOLATION WARNING: "BB&T Corporation (BBT) Given New $50.00 Price Target at Morgan Stanley" was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. The correct version of this report can be read at https://stocknewstimes.com/2017/11/06/american-century-companies-inc-boosts-holdings-in-bbt-corporation-bbt.html.

BB&T Corporation (NYSE:BBT)'s stock had its "buy" rating restated by stock analysts at Royal Bank Of Canada in a report released on Friday, October 20th. BMO Capital Markets reaffirmed a "hold" rating and set a $48.00 price target on shares of BB&T Corporation in a research report on Friday, June 30th. Jefferies Group LLC reaffirmed a "hold" rating and set a $49.00 price target on shares of BB&T Corporation in a research report on Friday, July 14th. The stock has "Hold" rating by Macquarie Research on Friday, August 4. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have assigned a buy rating to the stock. BB&T Corporation has an average rating of "Hold" and a consensus price target of $49.17. (NYSE:BBT) traded up 1.09% during midday trading on Monday, reaching $44.49.

BB&T Corporation (NYSE:BBT) touched its 1-Year High price of $49.91 on 11/01/17 and its 1-Year Low price of $38.23 on 11/04/16.

For the current quarter, 27 analysts are projecting a mean EPS of $0.79/share. The stock has a market capitalization of $39,083.15, a PE ratio of 16.35, a price-to-earnings-growth ratio of 2.28 and a beta of 1.00. Moreover, Fincl Architects has 0.1% invested in BB&T Corporation (NYSE:BBT). The insurance provider reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. BB&T Corporation had a net margin of 19.42% and a return on equity of 9.64%. The business earned $2.80 billion during the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the previous year, the business earned $0.76 earnings per share. equities analysts anticipate that BB&T Corporation will post 3.1 earnings per share for the current year. However, 4.03% over the last one month, 2.87% for the last quarter and year to date performance stands at 5.36%. Stockholders of record on Friday, November 10th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, November 9th. Tdam Usa has invested 0.04% in BB&T Corporation (NYSE:BBT). Price T Rowe Assoc Md accumulated 1.77M shares.

When you see the term "shares outstanding", it represents the total number of shares of a public company that are owned - by anyone.

Wedbush Securities Inc. raised its position in BB&T Corporation (NYSE:BBT) by 23.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Boyer sold 2,448 shares of the firm's stock in a transaction that occurred on Thursday, August 25th. Horan Capital Advisors Llc sold 50,705 shares as the company's stock declined 11.91% while stock markets rallied. The disclosure for this sale can be found here. Winch Advisory Services Llc sold 29,627 shares as the company's stock declined 11.91% while stock markets rallied. Guardian Life Insurance Co. of America now owns 3,130 shares of the insurance provider's stock valued at $140,000 after buying an additional 21 shares during the period. Finally, Stifel Financial Corp lifted its stake in BB&T Corporation by 1.1% in the 1st quarter. The Company conducts its business operations primarily through its bank subsidiary, Branch Banking and Trust Company (Branch Bank), and other nonbank subsidiaries. The company offers full-service commercial and retail banking and additional financial services such as insurance, corporate finance, global banking, leasing and trust.



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