Vaughan David Investments Inc/il Sold A Little More BB&T Corp (BBT) Stock

Avalon Advisors Llc increased Bb&T Corporation Cmn (BBT) stake by 5.97% reported in 2017Q2 SEC filing. The institutional investor owned 181,266 shares of the insurance provider's stock after acquiring an additional 10,731 shares during the period. Bb&T Corporation now has $36.68 billion valuation.

That's a potential 5.81 increase relative to where BB&T Corporation (NYSE:BBT) has been trading recently. This showed a surprise of -5.1% in the last quarter earnings. Bahl & Gaynor Inc bolstered its position by buying 5,787 shares an increase of 0.2% from 06/30/2017 to 09/30/2017. Wedbush Securities Inc. now owns 11,216 shares of the insurance provider's stock valued at $526,000 after purchasing an additional 2,108 shares during the period. Its investment was worth $235,540,000 an increase of $17,199,000 as of quarter end. Wellington Management Group LLP boosted its stake in shares of BB&T 3.6% in the first quarter.

BB&T Corporation (NYSE:BBT) shares were trading lower by -1.33 percent ($-0.62) at $46.13 a piece in Saturday's session. Bank & Trust Of Nova Scotia has 0.07% invested in BB&T Corporation (NYSE:BBT). The Broadfin Capital Llc holds 4.42M shares with $61.19 million value, down from 4.95 million last quarter. Also, Chairman Kelly S. King sold 66,372 shares of BB&T Corporation stock in a transaction that occurred on Friday, October 20th. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Donta L. Wilson sold 4,250 shares of the business's stock in a transaction that occurred on Friday, October 20th. Separately, Director BANNER JENNIFER S Sell 11508 shares of the company at a price of $48.6 on 2017-10-26. The disclosure for this sale can be found here. In the last three months, insiders sold 180,103 shares of company stock valued at $8,618,346.

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The company is so far trading down since yesterday's close of 46.48. The stock had a trading volume of 6,295,800 shares, compared to its average volume of 4,285,560. BB&T Corporation has a 12 month low of $41.17 and a 12 month high of $49.91. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.78. BMO Capital Markets reaffirmed an "outperform" rating and set a $40.00 price objective on shares of BB&T a research note on Wednesday, July 6th. Inv Counsel stated it has 1.04% of its portfolio in BB&T Corporation (NYSE:BBT). After $0.78 actual earnings per share reported by BB&T Corporation for the previous quarter, Wall Street now forecasts 2.56 % EPS growth.

BB&T Corp. had a return on equity of 9.45% and a net margin of 20.54%. BB&T Corp. The firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the prior year, the company earned $0.76 EPS. BB&T Corporation's quarterly revenue was up 1.4% compared to the same quarter last year. analysts anticipate that BB&T Corporation will post 3.1 earnings per share for the current fiscal year. Stockholders of record on Friday, November 10th will be paid a $0.33 dividend. This represents a $1.20 annualized dividend and a yield of 3.12%. BB&T Corporation's dividend payout ratio (DPR) is presently 49.07%. New Mexico Educational Retirement Board reported 75,466 shares. Zacks Investment Research downgraded BB&T Corporation from a "hold" rating to a "sell" rating in a research note on Friday, November 3rd. BidaskClub upgraded shares of BB&T Corporation from a "hold" rating to a "buy" rating in a research report on Tuesday, August 8th. The stock of BB&T Corporation (NYSE:BBT) has "Buy" rating given on Thursday, July 27 by RBC Capital Markets. SunTrust Banks, Inc. restated a "buy" rating and set a $52.00 target price on shares of BB&T Corporation in a research report on Friday, October 20th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company.