(BBT) to Post FY2018 Earnings of $3.54 Per Share, Oppenheimer Forecasts

The 7 months bullish chart indicates low risk for the $42.05B company. CLSA maintained it with "Outperform" rating and $42 target in Friday, September 23 report. WMS Partners LLC now owns 4,527 shares of the insurance provider's stock valued at $206,000 after purchasing an additional 36 shares during the period.

BB&T (NYSE:BBT) last announced its earnings results on Thursday, October 19th. It has outperformed by 3.98% the S&P500. The company has market cap of $287.29 million. It has a 20.81 P/E ratio.

A number of other large investors also recently made changes to their positions in the business.

Analysts await Merck & Co., Inc.

Since January 1, 0001, it had 0 buys, and 3 sales for $170,800 activity. The stock increased 1.84% or $1.06 during the last trading session, reaching $58.66. About 28,470 shares traded. Marlin Business Services Corp. It has outperformed by 3.98% the S&P500. Williams Jones & Associates Ltd Com holds 3.94% or 1.52 million shares. Following the transaction, the insider now owns 47,182 shares in the company, valued at $2,206,702.14. Rwc Asset Management Llp acquired 59,986 shares as Eagle Materials Inc (EXP)'s stock declined 5.37%. The hedge fund held 688,154 shares of the steel and iron ore company at the end of 2017Q3, valued at $38.56 million, up from 535,276 at the end of the previous reported quarter.

Investors sentiment decreased to 0.93 in Q3 2017. It turned negative, as 56 investors sold BBT shares while 291 reduced holdings. First Merchants Corp raised its stake in shares of BB&T by 9.1% in the third quarter. The institutional investors in our partner's database now have: 500.82 million shares, down from 511.81 million shares in 2017Q2. Princeton Portfolio Strategies Gru Limited Liability Corp reported 4,549 shares. Abner Herrman And Brock Ltd Liability Corporation holds 40,189 shares or 0.33% of its portfolio.

Equities researchers at Oppenheimer lifted their FY2018 earnings estimates for BB&T in a research note issued to investors on Tuesday, according to Zacks Investment Research. Following the sale, the executive vice president now directly owns 29,825 shares in the company, valued at $1,358,230.50.

BB&T Corporation (NYSE:BBT) shares knocked up 0.85% to close at $53.16.

Pineno Levin & Ford Asset Management Inc increased its stake in Bb&T Corp (BBT) by 6.46% based on its latest 2017Q3 regulatory filing with the SEC. The Company conducts its business operations primarily through its bank subsidiary, Branch Banking and Trust Company (Branch Bank), and other nonbank subsidiaries.

TRADEMARK VIOLATION NOTICE: "Oppenheimer Comments on BB&T Co.'s Q1 2018 Earnings (NYSE:BBT)" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. Amp Cap Invsts Ltd has 357,758 shares for 0.09% of their portfolio. Capital Management Corp VA boosted its position in BB&T Corporation by 0.8% in the third quarter. Fic Cap reported 1.3% of its portfolio in BB&T Corporation (NYSE:BBT). Sustainable Growth Advisers Limited Partnership invested in 5.11% or 3.56M shares.

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. Bb&T Corp now has $41.87 billion valuation. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. FOXA's profit will be $864.06M for 19.26 P/E if the $0.47 EPS becomes a reality. 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. The insurance provider reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. Therefore 67% are positive. BB&T has a 1-year low of $41.17 and a 1-year high of $53.91. The share price has moved forward from its 20 days moving average, trading at a distance of 5.5% and stays 8.31% away from its 50 days moving average. Visa Inc. had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Market Perform" rating given on Tuesday, November 15 by BMO Capital Markets. The stock has "Neutral" rating by Compass Point on Friday, April 15. On Wednesday, January 11 the stock rating was initiated by UBS with "Neutral". Driehaus Mngmt Limited Liability Company has invested 0.15% of its portfolio in BB&T Corporation (NYSE:BBT). Morgan Stanley increased their target price on shares of BB&T from $47.00 to $50.00 and gave the company an underweight rating in a report on Friday, October 20th. BMO Capital Markets maintained BB&T Corporation (NYSE:BBT) on Thursday, July 20 with "Hold" rating. (NYSE:V) on Friday, July 24 with "Mkt Perform" rating.

Since August 16, 2017, it had 0 insider purchases, and 7 selling transactions for $7.30 million activity. Wilson Donta L had sold 4,250 shares worth $201,929 on Friday, October 20. Weaver David Hudson had sold 8,752 shares worth $410,539. Kbc Nv reported 0.04% of its portfolio in BB&T Corporation (NYSE:BBT). Shares for $373,811 were sold by Bradley W Bennett on Thursday, October 26. The stock of BB&T Corporation (NYSE:BBT) earned "Buy" rating by SunTrust on Thursday, October 19. Clear Harbor Asset Management Ltd Liability has 0.51% invested in Merck & Co., Inc. 12,357 shares were sold by Johnson Robert Jerome JR, worth $589,373 on Wednesday, October 25.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related News:

  • Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) Go Head-to-head

    The stock of Exxon Mobil Corporation ( NYSE : XOM ) earned "Underperform" rating by Macquarie Research on Wednesday, September 23. Baystate Wealth Mgmt Limited Liability Company holds 0.01% or 269 shares. 299,229 are owned by Capital One Association.
    Facebook COO Sheryl Sandberg, Twitter CEO Jack Dorsey To Leave Disney Board

    Facebook COO Sheryl Sandberg, Twitter CEO Jack Dorsey To Leave Disney Board

    The departure's come as the competition between media and technology companies have stepped up, creating new conflicts of interest.

    Microchip Technology (NASDAQ:MCHP) Upgraded to "Buy" at Zacks Investment Research

    Dorsey & Whitney Trust Ltd Liability Company reported 0.04% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). The stock of Microchip Technology Incorporated (NASDAQ:MCHP) earned " Buy " rating by Stifel Nicolaus on Tuesday, September 26.
  • Huntington Bancshares Incorporated (HBAN) Sees Large Increase in Short Interest

    In related news, insider Helga Houston sold 14,513 shares of the stock in a transaction that occurred on Thursday, November 2nd. It is negative, as 22 investors sold VAC shares while 80 reduced holdings. 121 funds opened positions while 587 raised stakes.

    Analysts Opinions on: Cisco Systems, Inc. (NASDAQ:CSCO)

    Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 1.7 Percent. Loews Corp increased its stake in Cisco Systems Inc (CSCO ) by 10% based on its latest 2017Q3 regulatory filing with the SEC.
    H&M stores in South Africa ransacked over 'racist' hoodie advert

    H&M stores in South Africa ransacked over 'racist' hoodie advert

    The Sandton Chronicle reported Police Captain Granvile Meyer said: 'The EFF supporters have caused damage inside the [H&M] store. General manager of the Menlyn Park shopping centre Olive Ndebele confirmed the skirmishes.
  • Rescue Crews Make Their Way Into Worst-Hit Mudslide Areas

    Rescue Crews Make Their Way Into Worst-Hit Mudslide Areas

    The Los Angeles Times noted that rescue teams have been forced to use helicopters because many roads in the area are impassable. The fast-moving mud worked like concrete, destroying everything in its path Tuesday.
    Trump under impression he and Kim 'probably' on good terms

    Trump under impression he and Kim 'probably' on good terms

    In its statement of attendance at the Winter Olympics, North Korea said it would dispatch a "high-level delegation". Kim may not feel as friendly toward Trump, based on what he's said about the president.
    Has $10.53 Million Stake in ConocoPhillips (COP)

    Has $10.53 Million Stake in ConocoPhillips (COP)

    It turned negative, as 62 investors sold COP shares while 536 reduced holdings. 83 funds opened positions while 258 raised stakes. Dekabank Deutsche Girozentrale bought 48,524 shares as the company's stock declined 7.91% while stock markets rallied.
  • Sawyer & Company Inc Takes Position in Cardinal Health Inc (CAH)

    Sawyer & Company Inc Takes Position in Cardinal Health Inc (CAH)

    The rating was maintained by RBC Capital Markets with "Outperform" on Monday, August 17. (NYSE:CAH) rating on Tuesday, November 7. Needham & Company LLC reaffirmed a "hold" rating on shares of Cardinal Health in a research report on Thursday, October 12th.

    Betting On First Data Corporation (NYSE:FDC) ?

    In other news, insider Andrew Gelb sold 7,473 shares of First Data stock in a transaction that occurred on Monday, November 20th. Analysts believe that the company has the potential to earn average revenue of $1.94 Billion for the current quarter.
    Kareena Kapoor Khan's 'Veere Di Wedding' postponed by two weeks!

    Kareena Kapoor Khan's 'Veere Di Wedding' postponed by two weeks!

    Film was pushed because all the other films are being pushed as Padmaavat is now releasing on 25 January. Veere di wedding arrives on my lakkshya's bday! "Ab shaadi aur bday pe aap sab ko nimantran hai".


Most liked

Real Madrid v Santiago Bernabeu 13 January 2018
Last season, Madrid picked up four points, drawing 1-1 at the Santiago Bernabeu and winning 3-2 in the reverse fixture. Real Madrid have been constantly linked with a move for the Spain global and even came close to signing him in 2015.

Donald Trump Should Apologize for Remarks - African States
Durbin is part of a bipartisan group of six senators who announced Thursday the framework of a compromise on immigration. The fallout continues after President Donald Trump allegedly made an expletive reference to Haiti and African countries.

Bright Rock Capital Management LLC Purchases New Position in Watsco Inc (WSO)
Another trade for 2,522 shares valued at $616,499 was sold by Verbeck Robert E. (NYSE:KRO) is performing 3.65%. Morgan Stanley maintained the shares of WSO in report on Thursday, October 26 with "Underweight" rating.

Colts Will Interview Steve Wilks for Head Coaching Job
Wilks does have a connection to the Giants, as their new general manager, Dave Gettleman, previously was GM for the Panthers. And we don't have any preconceived notion about whether it has to be an offensive or a defensive coach.

Seattle Genetics, Inc. (SGEN) Stake Lowered by National Planning Corp
The stock's 50-day average volume has been 895,326 shares, with an average of 75% of medium term indicators pointing toward Sell. Rock Springs Capital Management Lp decreased G1 Therapeutics Inc stake by 72,188 shares to 240,000 valued at $5.97M in 2017Q3.

Spartak Moscow in racism row after controversial video posted on Twitter
Spartak Moscow once again find themselves mired in a racism scandal, this morning tweeting a racial slur about one of their own players.

Brown questionable for Steelers matchup Sunday
Brown set an National Football League record with 100-plus receptions in five consecutive seasons, including 101 this season. Brown injured his calf on the 21st offensive snap against the Patriots on December 17.

Dark Souls Remastered will not be using new assets
Dark Souls remaster is welcome news for longtime fans of the original game. The last Dark Souls was Dark Souls 3 , which was released in 2016.

Alexion Pharmaceuticals, Inc. (ALXN) Insider Trading: HANTSON LUDWIG sold 2553 Shares
Sequent Asset Management Ltd Limited Liability Company has invested 0.41% of its portfolio in Alexion Pharmaceuticals, Inc . It dropped, as 14 investors sold HALO shares while 44 reduced holdings. 142 funds opened positions while 524 raised stakes.

Liverpool vs Manchester City
Sergio Aguero has scored in all six home league matches he has played against Liverpool , but he is yet to score at Anfield . The victor of this battle on the pitch could well decide the victor of the match. "With Van Dijk they are even better".

Trump's 'shithole' remarks targeted at Hatians, Africans sparks global outrage
Others said Trump, a 71-year-old who relishes rejecting political correctness, was voicing views held quietly by many. Senator Dick Durbin of IL spoke on his bewilderment, calling the language used, "heartbreaking".

Tillis: White House Meeting Important Step on DACA
He said opponents of his policies "almost always" win in the federal court district where that judge serves. Trump responded in a tweet Wednesday morning, blaming the ruling on the "unfair" court system.

BlackRock, Inc. Earnings Results Sends Stock Higher
In related news, Director Susan Wagner sold 4,000 shares of the business's stock in a transaction on Thursday, November 30th. Klingenstein Fields Limited Liability Company holds 0.01% of its portfolio in BlackRock, Inc . (NYSE: BLK ) for 424 shares.

Ionescu, Hebard lead No. 8 OR women past Arizona 62-44
OR used a late spurt to go up eight points and hit four free throws in the final 32 seconds to earn its biggest win of the season. Neither team scored in the final three minutes of the half, and the Beavers did not score in the final 5 1/2 minutes.

Alabama fans get national championship gear, react to big win
Georgia just couldn't seal it up, reminding us of another Georgia team who threw away a football championship last season. The next most watched bowl game was the Orange Bowl as 11.7 million viewers tuned in to see Wisconsin beat Miami, 34-24.