Investors bought shares of BB&T Co. (NYSE:BBT) on weakness during trading on Monday. $47.54 million flowed into the stock on the tick-up and $18.11 million flowed out of the stock on the tick-down, for a money net flow of $29.43 million into the stock. Of all equities tracked, BB&T had the 23rd highest net in-flow for the day. BB&T traded down ($0.06) for the day and closed at $49.75

A number of brokerages have weighed in on BBT. Zacks Investment Research lowered shares of BB&T from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Morgan Stanley increased their target price on shares of BB&T from $47.00 to $50.00 and gave the stock an “underweight” rating in a research report on Friday, October 20th. BMO Capital Markets increased their target price on shares of BB&T from $48.00 to $49.00 and gave the stock a “market perform” rating in a research report on Friday, October 20th. Robert W. Baird reiterated a “hold” rating and set a $45.00 target price on shares of BB&T in a research report on Friday, August 25th. Finally, Jefferies Group reiterated a “hold” rating and set a $49.00 target price on shares of BB&T in a research report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $49.24.

The stock has a market capitalization of $39,300.00, a price-to-earnings ratio of 16.44, a PEG ratio of 2.29 and a beta of 1.00. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 0.78.

BB&T (NYSE:BBT) last announced its quarterly earnings results on Thursday, October 19th. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. BB&T had a net margin of 23.04% and a return on equity of 8.87%. The firm had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.85 billion. During the same period in the prior year, the firm posted $0.76 earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. sell-side analysts expect that BB&T Co. will post 3.1 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 10th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Thursday, November 9th. BB&T’s payout ratio is 49.07%.

In related news, Chairman Kelly S. King sold 66,372 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $47.53, for a total value of $3,154,661.16. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Donta L. Wilson sold 4,250 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $47.51, for a total transaction of $201,917.50. The disclosure for this sale can be found here. Insiders sold 182,150 shares of company stock worth $8,712,859 over the last ninety days. 0.36% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of BB&T by 2.4% during the second quarter. Vanguard Group Inc. now owns 55,519,721 shares of the insurance provider’s stock worth $2,521,151,000 after acquiring an additional 1,325,018 shares in the last quarter. BlackRock Inc. raised its stake in shares of BB&T by 0.8% during the second quarter. BlackRock Inc. now owns 47,713,735 shares of the insurance provider’s stock worth $2,166,682,000 after acquiring an additional 381,915 shares in the last quarter. Macquarie Group Ltd. raised its stake in shares of BB&T by 1.7% during the second quarter. Macquarie Group Ltd. now owns 17,133,475 shares of the insurance provider’s stock worth $778,031,000 after acquiring an additional 291,257 shares in the last quarter. First Eagle Investment Management LLC raised its stake in shares of BB&T by 3.3% during the third quarter. First Eagle Investment Management LLC now owns 16,699,414 shares of the insurance provider’s stock worth $783,870,000 after acquiring an additional 541,257 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of BB&T by 1.0% during the third quarter. Bank of New York Mellon Corp now owns 8,829,063 shares of the insurance provider’s stock worth $414,436,000 after acquiring an additional 86,200 shares in the last quarter. 65.39% of the stock is currently owned by institutional investors and hedge funds.

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About BB&T

BB&T Corporation is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Banking and Trust Company (Branch Bank), and other nonbank subsidiaries. Its segments include Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Holdings and Financial Services.

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