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

June 15, 2018 - By Rita Stryker

BB&T Corporation (NYSE:BBT) LogoInvestors sentiment decreased to 1.12 in 2018 Q1. 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.
900 are owned by Barrett Asset Mgmt Ltd. Reliance Tru Company Of Delaware has invested 0.15% in BB&T Corporation (NYSE:BBT). Moreover, Asset Mngmt Inc has 0.11% invested in BB&T Corporation (NYSE:BBT). Amg National Tru Savings Bank holds 104,761 shares. Geode Mgmt holds 8.18M shares. Pineno Levin And Ford Asset Mngmt Inc invested in 109,613 shares. Banque Pictet And Cie holds 0.05% in BB&T Corporation (NYSE:BBT) or 49,129 shares. Modera Wealth Ltd Llc holds 0.22% of its portfolio in BB&T Corporation (NYSE:BBT) for 20,580 shares. Alexandria Cap invested 0.65% in BB&T Corporation (NYSE:BBT). Pcj Inv Counsel Ltd has 0.14% invested in BB&T Corporation (NYSE:BBT) for 40,000 shares. Pathstone Family Office Ltd Liability Com accumulated 0.01% or 474 shares. Davenport & Limited Liability Company reported 160,505 shares. Banced accumulated 6,910 shares. Afam Capital invested 0.67% in BB&T Corporation (NYSE:BBT). Advisory Svcs Networks Lc reported 40,079 shares stake.

Since January 19, 2018, it had 0 buys, and 16 sales for $25.26 million activity. KING KELLY S had sold 60,000 shares worth $3.28M. $199,181 worth of stock was sold by LYNN LOUIS B on Monday, January 22. Standridge Brantley J sold $167,146 worth of stock or 3,116 shares. Boyer K. David Jr. also sold $137,587 worth of BB&T Corporation (NYSE:BBT) on Tuesday, February 20. 68,402 shares were sold by DUCK BARBARA F, worth $3.66 million on Wednesday, April 25. On Tuesday, March 6 the insider HENRY I. PATRICIA sold $155,943.

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 5.73M 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. The firm has “Buy” rating by BMO Capital Markets given on Thursday, April 19. Piper Jaffray maintained it with “Hold” rating and $55.0 target in Thursday, January 18 report. On Tuesday, March 27 the stock rating was upgraded by FBR Capital to “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, January 19. Raymond James upgraded the stock to “Buy” rating in Tuesday, January 9 report. The firm has “Hold” rating by BMO Capital Markets given on Monday, December 18. SunTrust maintained BB&T Corporation (NYSE:BBT) rating on Thursday, January 18. SunTrust has “Buy” rating and $61.0 target. Robert W. Baird maintained the shares of BBT in report on Thursday, January 18 with “Hold” rating. The stock has “Buy” rating by B. Riley & Co on Tuesday, March 27. SunTrust maintained the stock with “Buy” rating in Thursday, April 19 report.

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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