$1.01 EPS Expected for BB&T Corporation (BBT)

June 15, 2018 - By Mary Hughes

BB&T Corporation (NYSE:BBT) LogoInvestors sentiment decreased to 1.12 in Q1 2018. Its down 0.03, from 1.15 in 2017Q4. It dropped, 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.
Dekabank Deutsche Girozentrale has invested 0.02% in BB&T Corporation (NYSE:BBT). 250 were reported by Nelson Roberts Investment Advsrs Llc. Clearbridge Invs Limited Liability has 0% invested in BB&T Corporation (NYSE:BBT) for 520 shares. Alexandria Capital Ltd Co holds 84,354 shares. The Illinois-based Old Second Bancorp Of Aurora has invested 0.78% in BB&T Corporation (NYSE:BBT). Cypress Capital Limited Liability Com (Wy) owns 300 shares or 0.02% of their US portfolio. Point72 Asia (Hong Kong) Ltd reported 0.02% in BB&T Corporation (NYSE:BBT). Mitchell Cap Mngmt has 13,239 shares. Whalerock Point Prns Ltd Limited Liability Company reported 14,489 shares. Bartlett Ltd holds 11,379 shares. Fdx Advsr Inc has 53,034 shares. Cetera Advisors Limited Co accumulated 0.02% or 5,790 shares. Griffin Asset Inc holds 0.96% in BB&T Corporation (NYSE:BBT) or 101,633 shares. Moreover, Cookson Peirce & has 0.04% invested in BB&T Corporation (NYSE:BBT) for 7,470 shares. Jennison Associates Ltd Liability Co has 0.23% invested in BB&T Corporation (NYSE:BBT).

Since January 19, 2018, it had 0 insider purchases, and 16 insider sales for $25.26 million activity. $1.25 million worth of BB&T Corporation (NYSE:BBT) shares were sold by Starnes Clarke R III. Powell Cynthia B sold 8,929 shares worth $486,760. 3,116 shares were sold by Standridge Brantley J, worth $167,146. On Monday, February 5 QUBEIN NIDO R sold $1.15M worth of BB&T Corporation (NYSE:BBT) or 21,025 shares. Bible Daryl N. sold $4.01M worth of stock. On Tuesday, March 6 HENRY I. PATRICIA sold $155,943 worth of BB&T Corporation (NYSE:BBT) or 2,825 shares.

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 $787.55M giving it 12.98 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 2.51% or $1.35 during the last trading session, reaching $52.44. About 5.73 million shares traded or 46.05% up from the average. BB&T Corporation (NYSE:BBT) has risen 28.68% since June 15, 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 35 analyst reports since December 18, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, February 26 report. The firm has “Buy” rating by BMO Capital Markets given on Thursday, February 8. The company was maintained on Thursday, January 4 by Susquehanna. The stock of BB&T Corporation (NYSE:BBT) has “Hold” rating given on Thursday, January 18 by Susquehanna. The stock of BB&T Corporation (NYSE:BBT) earned “Buy” rating by SunTrust on Thursday, January 18. The company was maintained on Thursday, January 18 by Piper Jaffray. The stock of BB&T Corporation (NYSE:BBT) earned “Hold” rating by Jefferies on Thursday, January 18. The firm has “Hold” rating by Piper Jaffray given on Thursday, April 19. The stock of BB&T Corporation (NYSE:BBT) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The rating was maintained by Sandler O’Neill on Thursday, April 19 with “Hold”.

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 $40.89 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 16.28 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.

Another recent and important BB&T Corporation (NYSE:BBT) news was published by Seekingalpha.com which published an article titled: “Auto lenders take on more risk to attract more customers: WSJ” on June 11, 2018.

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

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