BB&T Corp (NYSE:BBT) Institutional Investors Sentiment Index Up in Q4 2017

April 25, 2018 - By Adrian Erickson

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Sentiment for BB&T Corp (NYSE:BBT)

BB&T Corp (NYSE:BBT) institutional sentiment increased to 1.15 in 2017 Q4. Its up 0.22, from 0.93 in 2017Q3. The ratio increased, as 357 funds increased and opened new holdings, while 310 sold and decreased their holdings in BB&T Corp. The funds in our partner’s database now own: 479.66 million shares, down from 500.82 million shares in 2017Q3. Also, the number of funds holding BB&T Corp in their top 10 holdings decreased from 15 to 12 for a decrease of 3. Sold All: 41 Reduced: 269 Increased: 261 New Position: 96.

BB&T Corporation operates as a financial holding firm that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company has market cap of $42.10 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 19.7 P/E ratio. The companyÂ’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.

The stock decreased 0.07% or $0.035 during the last trading session, reaching $53.985. About 3.48M shares traded. BB&T Corporation (NYSE:BBT) has risen 16.87% since April 25, 2017 and is uptrending. It has outperformed by 5.32% the S&P500.

Montgomery Investment Management Inc holds 11.25% of its portfolio in BB&T Corporation for 557,466 shares. Kdi Capital Partners Llc owns 199,106 shares or 3.94% of their US portfolio. Moreover, Burgundy Asset Management Ltd. has 3.8% invested in the company for 8.41 million shares. The Florida-based Keating Investment Counselors Inc has invested 3.57% in the stock. Wheatland Advisors Inc, a Pennsylvania-based fund reported 88,886 shares.

Since January 1, 0001, it had 0 buys, and 8 sales for $9.32 million activity.

BB&T Corporation (NYSE:BBT) Ratings Coverage

Ratings analysis reveals 55% of BB&T Corp’s analysts are positive. Out of 20 Wall Street analysts rating BB&T Corp, 11 give it “Buy”, 0 “Sell” rating, while 9 recommend “Hold”. The lowest target is $45.0 while the high is $64.0. The stock’s average target of $55.94 is 3.62% above today’s ($53.985) share price. BBT was included in 39 notes of analysts from October 31, 2017. The firm has “Neutral” rating by JP Morgan given on Wednesday, November 1. Sandler O’Neill maintained the shares of BBT in report on Thursday, January 18 with “Hold” rating. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, January 2. On Monday, April 23 the stock rating was upgraded by Hilliard Lyons to “Buy”. The firm has “Hold” rating given on Wednesday, April 4 by Keefe Bruyette & Woods. The firm has “Buy” rating by Raymond James given on Tuesday, January 9. The firm has “Buy” rating given on Thursday, February 8 by BMO Capital Markets. Piper Jaffray maintained the stock with “Hold” rating in Thursday, January 18 report. The company was maintained on Thursday, April 19 by SunTrust. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, December 12.

BB&T Corporation (NYSE:BBT) Institutional Positions Chart

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