BB&T Corporation (BBT) Stake Decreased by Comerica Bank

BB&T Corporation most recently reported earnings per share (EPS) of $0.74 for the September 2017 versus $0.73 in the same quarter past year, representing 1% growth. Broadfin Capital Llc sold 529,044 shares as Heron Therapeutics Inc (HRTX)'s stock declined 1.40%.

Vaughan David Investments Inc/il reports that it lowered its ownership in BB&T Corp by 0.4% as reported in a filing on 11/13/2017.

In recent action, BB&T Corporation (BBT) has made a move of -1.15% over the past month, which has come on Strong relative transaction volume. Cable Hill Partners LLC raised its stake in shares of BB&T Corporation by 7,184.0% in the 3rd quarter. As of the end of the quarter Bahl & Gaynor Inc had acquired a total of 5,787 shares growing its stake by 0.2%. As of the end of the quarter Lsv Asset Management had sold 101,000 shares trimming its holdings by 3.0%. Bank of America Corp DE now owns 12,766,336 shares of the insurance provider's stock worth $570,655,000 after buying an additional 43,867 shares during the last quarter. The return on invested capital is at 10.2%, which is good, compared to its peers. The stock decreased 3.36% or $0.55 during the last trading session, reaching $15.8. BB&T Corp's P/E ratio is 17.25 and market capitalization is 36.61B. Its quick ratio for most recent quarter is 0.80 along with current ratio for most recent quarter of 2.80. BB&T Corporation has a 52 week low of $41.17 and a 52 week high of $49.91. The Winch Advisory Services Llc holds 91 shares with $4,000 value, down from 29,718 last quarter. In the last earnings report the EPS was $2.69 with 788.92M shares now outstanding. BB&T Corp. The firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion.

Shares of BB&T Corporation (NYSE:BBT) traded up $0.05 during trading hours on Monday, hitting $46.18. The business's revenue for the quarter was up 1.4% compared to the same quarter a year ago. After $0.78 actual earnings per share reported by BB&T Corporation for the previous quarter, Wall Street now forecasts 2.56% EPS growth. Exxonmobil Investment Management Tx holds 0.05% of its portfolio in W W Grainger Inc (NYSE:GWW) for 10,317 shares. The ex-dividend date is Tuesday, November 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.84%. BB&T Corporation's dividend payout ratio is presently 49.07%. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of USA & global copyright and trademark law. The correct version of this piece of content can be read at https://weekherald.com/2017/11/14/bbt-corporation-bbt-stake-decreased-by-comerica-bank.html. The stock was sold at an average price of $48.16, for a total transaction of $373,817.92. Cable Hill Partners LLC now owns 3,642 shares of the insurance provider's stock valued at $171,000 after purchasing an additional 3,592 shares during the period. The sale was disclosed in a filing with the SEC, which is available at this link.

In other BB&T Corporation news, VP Donta L. Wilson sold 4,250 shares of the business's stock in a transaction dated Friday, October 20th. The disclosure for this sale can be found here. Manufacturers Life The owns 904,298 shares for 0.2% of their portfolio.

BBT has been the subject of a number of research reports. To answer this question, we will compare the two companies across growth, profitability, risk, and valuation metrics, and also examine their analyst ratings and insider activity trends.

BB&T Corporation (NYSE:BBT) received a Buy rating from 5 analysts. J P Morgan Chase & Co raised their price target on BB&T Corporation from $48.50 to $49.00 and gave the company a "neutral" rating in a research report on Wednesday, November 1st. The stock of BB&T Corporation (NYSE:BBT) earned "Underperform" rating by Macquarie Research on Thursday, October 20.

October 20 investment analysts at Royal Bank Of Canada left the stock rating at "Buy" projecting a price of $50.00.

Analysts await BB&T Corporation (NYSE:BBT) to report earnings on January, 18 before the open.

BB&T Corporation is a financial holding company. The Firm conducts its business primarily through its bank subsidiary, Branch Banking and Trust Company, and other nonbank subsidiaries. The company offers full-service commercial and retail banking and additional financial services such as insurance, corporate finance, global banking, leasing and trust. It improved, as 62 investors sold BBT shares while 256 reduced holdings.

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