EPS for BB&T Corporation (BBT) Expected At $1.00

September 16, 2018 - By Catherine Diaz

BB&T Corporation (NYSE:BBT) LogoInvestors sentiment decreased to 1.1 in 2018 Q2. Its down 0.02, from 1.12 in 2018Q1. It dived, as 49 investors sold BB&T Corporation shares while 285 reduced holdings. 84 funds opened positions while 282 raised stakes. 488.59 million shares or 1.52% more from 481.29 million shares in 2018Q1 were reported.
Btim invested in 0.6% or 811,090 shares. 7,378 were reported by Fcg Ltd Co. Eagle Asset Management owns 401,413 shares for 0.11% of their portfolio. Savings Bank Of Nova Scotia has invested 0.03% in BB&T Corporation (NYSE:BBT). Palladium Ptnrs Limited Liability Com has invested 0.52% in BB&T Corporation (NYSE:BBT). Liberty Mutual Asset Mgmt accumulated 31,168 shares. Howe & Rusling holds 40 shares or 0% of its portfolio. Community Comml Bank Na holds 0.03% of its portfolio in BB&T Corporation (NYSE:BBT) for 3,160 shares. Baystate Wealth Ltd invested in 0% or 81 shares. Mariner Ltd Liability reported 0.03% in BB&T Corporation (NYSE:BBT). Caisse De Depot Et Placement Du Quebec holds 0% or 33,213 shares. First Citizens Savings Bank Trust Communications invested in 71,845 shares or 0.45% of the stock. Moreover, Janney Montgomery Scott Lc has 0.15% invested in BB&T Corporation (NYSE:BBT) for 315,280 shares. Pinebridge Invs L P stated it has 308,775 shares or 0.38% of all its holdings. Cornerstone Invest Prns invested in 0.03% or 13,550 shares.

Since April 25, 2018, it had 0 insider buys, and 9 selling transactions for $16.07 million activity. 2,817 BB&T Corporation (NYSE:BBT) shares with value of $151,504 were sold by Powell Cynthia B. Shares for $167,146 were sold by Standridge Brantley J. DUCK BARBARA F sold $3.66M worth of stock or 68,402 shares. Yates William Rufus sold $882,345 worth of stock. 74,847 shares were sold by Bible Daryl N., worth $4.01 million on Wednesday, April 25. Goodrich Donna C had sold 44,960 shares worth $2.41 million on Wednesday, April 25.

Analysts expect BB&T Corporation (NYSE:BBT) to report $1.00 EPS on October, 18 before the open.They anticipate $0.22 EPS change or 28.21 % from last quarter’s $0.78 EPS. BBT’s profit would be $774.45 million giving it 12.55 P/E if the $1.00 EPS is correct. After having $1.01 EPS previously, BB&T Corporation’s analysts see -0.99 % EPS growth. The stock increased 0.50% or $0.25 during the last trading session, reaching $50.21. About 3.82M shares traded or 13.92% up from the average. BB&T Corporation (NYSE:BBT) has risen 13.22% since September 16, 2017 and is uptrending. It has underperformed by 2.40% the S&P500.

BB&T Corporation (NYSE:BBT) Ratings Coverage

Among 14 analysts covering BB&T Corp (NYSE:BBT), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. BB&T Corp had 16 analyst reports since March 27, 2018 according to SRatingsIntel. BMO Capital Markets maintained the shares of BBT in report on Friday, July 20 with “Outperform” rating. The company was maintained on Thursday, April 19 by SunTrust. The rating was maintained by BMO Capital Markets on Thursday, April 19 with “Buy”. As per Wednesday, April 11, the company rating was upgraded by Edward Jones. As per Tuesday, March 27, the company rating was upgraded by Wells Fargo. The firm has “Buy” rating by FBR Capital given on Friday, July 20. B. Riley & Co upgraded BB&T Corporation (NYSE:BBT) on Tuesday, March 27 to “Buy” rating. The stock has “Hold” rating by Jefferies on Thursday, April 19. Hilliard Lyons upgraded the shares of BBT in report on Monday, April 23 to “Buy” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $5600 target in Wednesday, April 4 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 $38.89 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 14.6 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 recent BB&T Corporation (NYSE:BBT) news were published by: Bizjournals.com which released: “Charlotte-area banks are closing early today as Hurricane Florence moves in” on September 14, 2018. Also Bizjournals.com published the news titled: “BB&T to demolish old HQ in Wilson, erect new, $35M building” on August 30, 2018. Bizjournals.com‘s news article titled: “The FDIC rankings are out. See which Greater Washington banks rose and fell.” with publication date: September 14, 2018 was also an interesting one.

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

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