Investors sentiment decreased to 1 in Q2 2019. Its down 0.16, from 1.16 in 2019Q1. It turned negative, as 53 investors sold BBT shares while 279 reduced holdings. 78 funds opened positions while 254 raised stakes. 523.08 million shares or 3.13% more from 507.19 million shares in 2019Q1 were reported. Lakeview Prns Lc owns 8,374 shares for 0.24% of their portfolio. Cambridge Research holds 156,136 shares or 0.07% of its portfolio. Kbc Grp Nv stated it has 69,612 shares or 0.03% of all its holdings. 561 were accumulated by Riggs Asset Managment Com Incorporated. Wellington Shields Capital Mngmt Limited holds 0.06% or 7,250 shares. Jcic Asset Incorporated owns 139 shares for 0% of their portfolio. Parthenon Ltd invested in 11,312 shares. Cullinan Associate Incorporated has 184,368 shares for 0.66% of their portfolio. Gardner Russo & Gardner Limited Liability holds 10,200 shares or 0% of its portfolio. Valley National Advisers Inc owns 60,780 shares. Wellington Management Grp Llp invested in 0.06% or 5.84 million shares. Moreover, Oppenheimer And Co Inc has 0.18% invested in BB&T Corporation (NYSE:BBT). Sei Investments has 0.08% invested in BB&T Corporation (NYSE:BBT) for 469,443 shares. Ballentine Ptnrs Limited Liability accumulated 5,874 shares or 0.01% of the stock. Triangle Wealth Management invested in 44,900 shares or 1.13% of the stock.
Union Bankshares Corp increased its stake in B B & T Corp (BBT) by 73.47% based on its latest 2019Q2 regulatory filing with the SEC. Union Bankshares Corp bought 74,474 shares as the company’s stock rose 1.68% . The institutional investor held 175,838 shares of the major banks company at the end of 2019Q2, valued at $8.64M, up from 101,364 at the end of the previous reported quarter. Union Bankshares Corp who had been investing in B B & T Corp for a number of months, seems to be bullish on the $40.87 billion market cap company. The stock increased 0.23% or $0.12 during the last trading session, reaching $53.33. About 4.13M shares traded. BB&T Corporation (NYSE:BBT) has risen 0.17% since December 4, 2018 and is uptrending. It has outperformed by 0.17% the S&P500.
More notable recent BB&T Corporation (NYSE:BBT) news were published by: Finance.Yahoo.com which released: “BB&T Corporation Announces Redemption of Medium-Term Notes; Branch Banking and Trust Company Announces Redemption of Senior Notes – Yahoo Finance” on December 03, 2019, also Seekingalpha.com with their article: “Janney steps to the sidelines on BB&T ahead of merger – Seeking Alpha” published on November 11, 2019, Bizjournals.com published: “Truist merger advances with SunTrust set to divest 30 branches – Charlotte Business Journal” on November 08, 2019. More interesting news about BB&T Corporation (NYSE:BBT) were released by: Bizjournals.com and their article: “These are the Triangle SunTrust branches to be divested with the BB&T merger – Triangle Business Journal” published on November 08, 2019 as well as Bizjournals.com‘s news article titled: “Truliant pushes BB&T, SunTrust for answer in Truist lawsuit – Charlotte Business Journal” with publication date: November 06, 2019.
BB&T Corporation (NYSE:BBT) Ratings Coverage
Among 5 analysts covering BB\u0026T Corporation Common Stock (NYSE:BBT), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. BB\u0026T Corporation Common Stock has $5800 highest and $50.5000 lowest target. $54.60’s average target is 2.38% above currents $53.33 stock price. BB\u0026T Corporation Common Stock had 8 analyst reports since July 9, 2019 according to SRatingsIntel. JP Morgan maintained it with “Neutral” rating and $50.5000 target in Tuesday, July 9 report. The firm earned “Hold” rating on Tuesday, October 29 by Morgan Stanley. UBS maintained the stock with “Neutral” rating in Monday, October 21 report. The company was maintained on Wednesday, July 10 by UBS. The firm has “Hold” rating given on Monday, November 4 by J.P. Morgan. The company was upgraded on Tuesday, October 8 by Jefferies. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, November 18.
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.