Victory Capital Management Inc. Increases Holdings in BB&T Corporation (NYSE:BBT)

Lloyd Doyle
September 17, 2017

Therefore 31% are positive. BB&T Corporation has a 1 year low of $36.80 and a 1 year high of $49.88. The company's 50-day moving average price is $46.51 and its 200-day moving average price is $41.64. BB&T Corp had 61 analyst reports since July 17, 2015 according to SRatingsIntel. This buyback authorization authorizes the insurance provider to buy up to 5.2% of its shares through open market purchases. FBR Capital maintained the stock with "Mkt Perform" rating in Thursday, January 19 report. Lincoln National Corp who had been investing in Bb&T Corp for a number of months, seems to be bullish on the $36.23B market cap company. BB&T Corporation has a consensus rating of "Hold" and an consensus price target of $47.06. On Thursday, June 22 the stock rating was maintained by RBC Capital Markets with "Buy". The rating was upgraded by Robert W. Baird to "Outperform" on Wednesday, September 2. The stock of BB&T Corporation (NYSE:BBT) has "Hold" rating given on Wednesday, August 12 by Deutsche Bank. The company now has an average rating of "Hold" and an average target price of $47.06. Sigma Planning Corp accumulated 4,321 shares or 0.02% of the stock. Insiders have sold a total of 1,659,275 shares of company stock valued at $77,502,632 in the last quarter. This is a positive change from BB&T Corporation's previous quarterly dividend of $0.30. Robert Jerome Jr Johnson, S.E.V.P/Secretary/Gen. Counsel sold $865,606 worth of shares at an average price of $47.19 on July 26th. It has underperformed by 10.09% the S&P500. The Arrow Financial Corp holds 26,265 shares with $1.24 million value, down from 51,702 last quarter. It also reduced Conagra Brands Inc. It also upped Ishares Barclays 1 (CSJ) stake by 4,273 shares and now owns 18,875 shares. Value investors will surely go for the low or decreasing P/FCF totals and reasonably low stock share prices.

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its stake in shares of BB&T Corporation (NYSE:BBT) by 0.0% during the fourth quarter, Holdings Channel reports. Gwm Advisors LLC augmented its position by buying 279 shares an increase of 3.1%. 66 funds opened positions while 151 raised stakes. Millennium Mgmt Ltd Limited Liability Company accumulated 551,354 shares or 0.09% of the stock. Private Retail Bank And Tru, Illinois-based fund reported 16,431 shares. 175,828 are owned by Blackrock Investment Management Ltd Liability Co. Riverhead Mgmt Limited Liability Corporation accumulated 5,256 shares or 0.02% of the stock. Ledyard Natl Bank reported 0.59% stake. Macquarie upgraded shares of BB&T Corporation from an "underperform" rating to a "neutral" rating and set a $47.00 price target for the company in a report on Friday, August 4th. Weaver C Barksdale And Assoc reported 17,199 shares stake. Palo Cap accumulated 0.95% or 19,354 shares. Bank & Trust Of Montreal Can invested in 16,784 shares. Investors with a record date on early Fri, Aug 11th were given a dividend of $0.33 for a share. Victory Capital Management Inc.'s holdings in BB&T Corporation were worth $2,273,000 at the end of the most recent quarter. Smithfield Trust holds 0.01% of its portfolio in BB&T Corporation (NYSE:BBT) for 930 shares. This represents a $1.32 annualized dividend and a dividend yield of 2.99%. First Trust Advisors LP now owns 1,642,161 shares of the insurance provider's stock worth $73,405,000 after buying an additional 966,962 shares in the last quarter.

Among 6 analysts covering Mettler-toledo International Inc. Therefore 29% are positive. The analysts estimated mean EPS at 0.81 while the high and low EPS estimate stand at 0.88 and 0.77 respectively. Teachers Insurance & Annuity Association Of America sold 47,800 shares as Duke Energy Corp New (DUK)'s stock rose 6.39%. The firm earned "Hold" rating on Monday, May 15 by Jefferies. Finally, Morgan Stanley lowered BB&T Corporation from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, January 31st. The rating was upgraded by JMP Securities on Thursday, February 11 to "Outperform". The firm has "Buy" rating given on Thursday, July 13 by Jefferies. Jefferies downgraded the shares of OHI in report on Tuesday, January 12 to "Hold" rating. The stock saw a rise in short interest of 8.06% as of August 31, 2017 from the last reporting period. (NYSE:MTD) on Thursday, September 10 to "Neutral" rating. The rating was maintained by BMO Capital Markets on Thursday, July 13 with "Hold". It is 0.00% or $0 reaching $3.3 per share. About 48,612 shares traded. BB&T Corporation (NYSE:BBT) has risen 20.68% since September 17, 2016 and is uptrending. It has outperformed by 3.98% the S&P500. During the same quarter in the prior year, the company earned $0.71 EPS. BBT's profit will be $638.41 million for 13.97 P/E if the $0.79 EPS becomes a reality.

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.40, from 0.98 in 2016Q3. Of those transactions, there were 361,805 shares of BBT bought and 2.78 million shares sold.


Shelter Ins Retirement Plan lifted its position in shares of BB&T Corporation (NYSE:BBT) by 109.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. Vanguard Group has an ownership of 54,194,703 stocks of the insurance provider's shares valued at $2,422,504,000 after scooping up an extra 1,656,297 shares through out the previous quarter, BlackRock grew its holdings in BB&T Corporation by 2,875.1% in the 1st period. During the trading on 09/12/2017, Company's stock ranged from $360.40 to $368.76. Minnesota-based Leuthold Grp Inc Lc has invested 0.06% in BB&T Corporation (NYSE:BBT). Capstone Asset Mgmt reported 43,052 shares. Mitchell Mcleod Pugh Williams has invested 0.24% of its portfolio in BB&T Corporation (NYSE:BBT). Shares have dropped -5.76% over the trailing 6 months. The figure allows investors to understand how effectively BB&T Corporation is able to convert its money into net income. Gardner Russo And Gardner Ltd Co, a Pennsylvania-based fund reported 23,413 shares.

Traders are feeling more bearish on BB&T Corporation if you evaluate the change in short interest. Alpha Windward LLC boosted its position in BB&T Corporation by 0.9% in the third quarter. Davis R M stated it has 18,785 shares.

Shares of BB&T Corporation (NYSE:BBT) traded up 0.25% in the last session while performance was up 44.79% in the last five days. Schwab Charles Inv reported 1.56 million shares.

BB&T Corporation is a financial holding company. The stock now has a Market Cap of $36.23B. The average of this ratio is 5.24 for the industry and sector's best figure appears 15.15. The Company's divisions include Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Holdings and Financial Services.

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