BB&T Corporation (BBT) EPS Estimated At $1.01

June 19, 2018 - By Stephen Andrade

BB&T Corporation (NYSE:BBT) LogoInvestors sentiment decreased to 1.12 in 2018 Q1. Its down 0.03, from 1.15 in 2017Q4. It dived, as 36 investors sold BB&T Corporation shares while 301 reduced holdings. 110 funds opened positions while 268 raised stakes. 481.29 million shares or 0.34% more from 479.66 million shares in 2017Q4 were reported.
Mitchell Capital Mgmt Com, a Kansas-based fund reported 13,239 shares. North Star Investment Corporation stated it has 4,229 shares or 0.03% of all its holdings. State Of Wisconsin Investment Board holds 625,763 shares or 0.09% of its portfolio. Twin Capital Mgmt holds 0.05% or 19,290 shares. Sva Plumb Wealth Limited Co stated it has 0.1% of its portfolio in BB&T Corporation (NYSE:BBT). Reilly Financial Advisors Limited Liability Corporation holds 1.36% or 187,069 shares in its portfolio. California Pub Employees Retirement Systems, a California-based fund reported 2.14M shares. Axa owns 1.63M shares. Meeder Asset Mgmt Inc holds 0.48% or 99,419 shares. New York-based Citigroup has invested 0.02% in BB&T Corporation (NYSE:BBT). Blackrock holds 0.12% or 49.37M shares. Moreover, Woodmont Invest Counsel Ltd has 0.59% invested in BB&T Corporation (NYSE:BBT). 1.62 million are owned by Mitsubishi Ufj And Banking. Comerica Securities Inc holds 62,829 shares. Eagle Ridge Invest Mgmt holds 0.04% of its portfolio in BB&T Corporation (NYSE:BBT) for 5,227 shares.

Since January 19, 2018, it had 0 buys, and 16 selling transactions for $25.26 million activity. 44,960 BB&T Corporation (NYSE:BBT) shares with value of $2.41M were sold by Goodrich Donna C. LYNN LOUIS B sold $199,181 worth of stock. Shares for $4.01 million were sold by Bible Daryl N. on Wednesday, April 25. Another trade for 48,524 shares valued at $2.66 million was made by Henson Christopher L on Thursday, January 25. The insider Yates William Rufus sold $882,345. Another trade for 8,929 shares valued at $486,760 was sold by Powell Cynthia B.

Analysts expect BB&T Corporation (NYSE:BBT) to report $1.01 EPS on July, 19.They anticipate $0.23 EPS change or 29.49 % from last quarter’s $0.78 EPS. BBT’s profit would be $787.54 million giving it 12.94 P/E if the $1.01 EPS is correct. After having $0.97 EPS previously, BB&T Corporation’s analysts see 4.12 % EPS growth. The stock decreased 0.08% or $0.04 during the last trading session, reaching $52.28. About 4.35 million shares traded or 8.81% up from the average. BB&T Corporation (NYSE:BBT) has risen 28.68% since June 19, 2017 and is uptrending. It has outperformed by 16.11% the S&P500.

BB&T Corporation (NYSE:BBT) Ratings Coverage

Among 19 analysts covering BB&T Corp (NYSE:BBT), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. BB&T Corp had 34 analyst reports since December 20, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, April 11 by Edward Jones. The stock of BB&T Corporation (NYSE:BBT) has “Hold” rating given on Thursday, January 18 by Piper Jaffray. The firm has “Buy” rating given on Thursday, April 19 by BMO Capital Markets. SunTrust maintained BB&T Corporation (NYSE:BBT) rating on Thursday, January 18. SunTrust has “Buy” rating and $61.0 target. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, February 2 report. On Tuesday, March 27 the stock rating was upgraded by B. Riley & Co to “Buy”. As per Monday, April 23, the company rating was upgraded by Hilliard Lyons. Jefferies maintained it with “Hold” rating and $5400 target in Thursday, April 19 report. Wells Fargo upgraded the shares of BBT in report on Tuesday, March 27 to “Outperform” rating. As per Friday, January 19, the company rating was maintained by Keefe Bruyette & Woods.

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 $40.77 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 16.23 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.

More news for BB&T Corporation (NYSE:BBT) were recently published by: Bizjournals.com, which released: “Bank Notes: Lancaster County hotbed for bank expansion” on June 18, 2018. Seekingalpha.com‘s article titled: “Auto lenders take on more risk to attract more customers: WSJ” and published on June 11, 2018 is yet another important article.

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

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