Investors sold shares of BB&T Corp. (NYSE:BBT) on strength during trading on Thursday following insider selling activity. $62.96 million flowed into the stock on the tick-up and $119.77 million flowed out of the stock on the tick-down, for a money net flow of $56.81 million out of the stock. Of all companies tracked, BB&T Corp. had the 0th highest net out-flow for the day. BB&T Corp. traded up $0.81 for the day and closed at $41.42Specifically, insider Cynthia B. Powell sold 7,047 shares of the business’s stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $40.36, for a total value of $284,416.92. Following the completion of the sale, the insider now directly owns 18,463 shares in the company, valued at approximately $745,166.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Daryl N. Bible sold 44,293 shares of the business’s stock in a transaction that occurred on Friday, August 26th. The stock was sold at an average price of $38.09, for a total value of $1,687,120.37. Following the completion of the sale, the chief financial officer now owns 118,639 shares of the company’s stock, valued at $4,518,959.51. The disclosure for this sale can be found here. 0.88% of the stock is owned by corporate insiders.

A number of research analysts have recently commented on the company. Credit Suisse Group AG reiterated a “buy” rating and set a $42.00 price target on shares of BB&T Corp. in a report on Wednesday, September 28th. BMO Capital Markets reiterated a “buy” rating and set a $40.00 price target on shares of BB&T Corp. in a report on Friday, July 22nd. FBR & Co reiterated a “buy” rating and set a $45.00 price target on shares of BB&T Corp. in a report on Friday, July 22nd. Stephens lowered BB&T Corp. from an “overweight” rating to an “equal weight” rating in a report on Friday, July 22nd. Finally, Morgan Stanley reiterated a “hold” rating and set a $37.00 price target on shares of BB&T Corp. in a report on Friday, August 5th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $39.29.

The stock’s 50-day moving average is $38.69 and its 200 day moving average is $36.96. The stock has a market cap of $33.96 billion, a price-to-earnings ratio of 15.55 and a beta of 1.02.

BB&T Corp. (NYSE:BBT) last announced its quarterly earnings data on Wednesday, October 19th. The company reported $0.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.05. The firm earned $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. BB&T Corp. had a return on equity of 9.45% and a net margin of 20.54%. The company’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.70 EPS. On average, equities research analysts forecast that BB&T Corp. will post $2.78 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Thursday, November 10th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $1.20 annualized dividend and a dividend yield of 2.87%. BB&T Corp.’s payout ratio is 44.44%.

Several institutional investors have recently modified their holdings of BBT. Atria Investments LLC raised its position in shares of BB&T Corp. by 0.6% in the third quarter. Atria Investments LLC now owns 7,632 shares of the company’s stock valued at $288,000 after buying an additional 44 shares during the last quarter. Alpha Windward LLC raised its position in shares of BB&T Corp. by 0.9% in the third quarter. Alpha Windward LLC now owns 5,319 shares of the company’s stock valued at $201,000 after buying an additional 45 shares during the last quarter. Capital Management Corp VA raised its position in shares of BB&T Corp. by 0.8% in the third quarter. Capital Management Corp VA now owns 6,451 shares of the company’s stock valued at $243,000 after buying an additional 51 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of BB&T Corp. by 0.3% in the second quarter. Capital Investment Advisors LLC now owns 19,847 shares of the company’s stock valued at $707,000 after buying an additional 53 shares during the last quarter. Finally, Canal Capital Management LLC raised its position in shares of BB&T Corp. by 0.7% in the third quarter. Canal Capital Management LLC now owns 7,494 shares of the company’s stock valued at $283,000 after buying an additional 54 shares during the last quarter. Institutional investors own 62.97% of the company’s stock.

BB&T Corp. Company Profile

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