BB&T Co. (NYSE:BBT) Director Nido R. Qubein sold 2,825 shares of the firm’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $50.19, for a total transaction of $141,786.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NYSE BBT traded up $0.63 during mid-day trading on Friday, hitting $50.76. The company’s stock had a trading volume of 8,034,420 shares, compared to its average volume of 5,718,692. The firm has a market capitalization of $38.65 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 1.25 and a beta of 0.94. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.86. BB&T Co. has a one year low of $45.73 and a one year high of $56.31.

BB&T (NYSE:BBT) last issued its earnings results on Thursday, October 18th. The insurance provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.01. The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.93 billion. BB&T had a net margin of 23.52% and a return on equity of 11.66%. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.74 EPS. As a group, equities research analysts anticipate that BB&T Co. will post 3.82 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Friday, November 9th will be paid a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 3.19%. The ex-dividend date is Thursday, November 8th. BB&T’s payout ratio is 51.59%.

Institutional investors have recently added to or reduced their stakes in the stock. Zions Bancorporation bought a new position in BB&T during the 3rd quarter worth approximately $102,000. IMA Wealth Inc. bought a new position in BB&T during the 2nd quarter worth approximately $116,000. Girard Partners LTD. bought a new position in BB&T during the 3rd quarter worth approximately $142,000. SRS Capital Advisors Inc. boosted its stake in BB&T by 4,311.8% during the 3rd quarter. SRS Capital Advisors Inc. now owns 3,000 shares of the insurance provider’s stock worth $146,000 after acquiring an additional 2,932 shares during the last quarter. Finally, ClariVest Asset Management LLC bought a new position in BB&T during the 2nd quarter worth approximately $167,000. 64.96% of the stock is currently owned by institutional investors and hedge funds.

BBT has been the subject of several research reports. Piper Jaffray Companies restated a “hold” rating and issued a $52.00 price objective on shares of BB&T in a research report on Friday, July 20th. BMO Capital Markets lowered their price objective on shares of BB&T from $59.00 to $58.00 and set an “outperform” rating for the company in a research report on Friday, July 20th. B. Riley lowered their price objective on shares of BB&T from $59.00 to $56.00 and set a “buy” rating for the company in a research report on Friday, July 20th. FIG Partners lowered shares of BB&T from an “outperform” rating to a “market perform” rating in a research note on Friday, July 20th. Finally, Stephens reaffirmed a “buy” rating and issued a $59.00 target price on shares of BB&T in a research note on Friday, July 20th. Nine investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $55.50.

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About BB&T

BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company operates through four segments: CB-Retail, CB-Commercial, IH&PF, and FS&CF. Its 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.

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