Longview Partners Guernsey LTD decreased its stake in shares of BB&T Corp. (NYSE:BBT) by 1.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 16,726,498 shares of the company’s stock after selling 165,600 shares during the period. BB&T Corp. accounts for 4.0% of Longview Partners Guernsey LTD’s investment portfolio, making the stock its 18th largest position. Longview Partners Guernsey LTD owned about 2.05% of BB&T Corp. worth $595,631,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Integrated Investment Consultants LLC boosted its stake in BB&T Corp. by 13.0% in the second quarter. Integrated Investment Consultants LLC now owns 2,989 shares of the company’s stock worth $106,000 after buying an additional 344 shares during the last quarter. Cribstone Capital Management LLC acquired a new stake in BB&T Corp. during the second quarter worth approximately $125,000. Hartford Financial Management Inc. boosted its stake in BB&T Corp. by 13.6% in the second quarter. Hartford Financial Management Inc. now owns 4,773 shares of the company’s stock worth $169,000 after buying an additional 573 shares during the last quarter. Orrstown Financial Services Inc. boosted its stake in BB&T Corp. by 32.8% in the second quarter. Orrstown Financial Services Inc. now owns 4,873 shares of the company’s stock worth $174,000 after buying an additional 1,204 shares during the last quarter. Finally, Heritage Investors Management Corp acquired a new stake in BB&T Corp. during the second quarter worth approximately $205,000. Institutional investors own 63.03% of the company’s stock.

Institutional Ownership by Quarter for BB&T Corp. (NYSE:BBT)

Shares of BB&T Corp. (NYSE:BBT) traded down 1.21% during mid-day trading on Monday, reaching $37.43. The company’s stock had a trading volume of 4,645,621 shares. The company has a 50-day moving average price of $38.12 and a 200 day moving average price of $36.21. BB&T Corp. has a 52-week low of $29.95 and a 52-week high of $39.47. The company has a market cap of $30.49 billion, a PE ratio of 14.45 and a beta of 1.03.

BB&T Corp. (NYSE:BBT) last released its earnings results on Thursday, July 21st. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. BB&T Corp. had a return on equity of 9.12% and a net margin of 20.11%. The firm earned $2.79 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter last year, the business posted $0.69 earnings per share. The firm’s revenue was up 17.7% on a year-over-year basis. Equities analysts expect that BB&T Corp. will post $2.76 earnings per share for the current year.

BBT has been the topic of a number of recent analyst reports. Credit Suisse Group AG reiterated a “buy” rating on shares of BB&T Corp. in a research note on Tuesday, July 12th. Citigroup Inc. reiterated a “buy” rating on shares of BB&T Corp. in a research note on Tuesday, July 12th. Vetr cut BB&T Corp. from a “strong-buy” rating to a “buy” rating and set a $38.50 target price on the stock. in a research note on Monday, July 11th. Deutsche Bank AG reiterated a “buy” rating on shares of BB&T Corp. in a research note on Sunday, June 26th. Finally, Wells Fargo & Co. reiterated a “buy” rating on shares of BB&T Corp. in a research note on Saturday, July 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $39.41.

In related news, Director I. Patricia Henry sold 1,000 shares of the stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $38.13, for a total transaction of $38,130.00. Following the completion of the sale, the director now owns 8,090 shares in the company, valued at $308,471.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Barbara F. Duck sold 29,976 shares of the firm’s stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $36.79, for a total value of $1,102,817.04. The disclosure for this sale can be found here. Corporate insiders own 0.88% of the company’s stock.

About BB&T Corp.

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