Provise Management Group LLC Maintains Stake in Bb&T Corp (BBT)

August 18, 2018 - By Carolyn Hewitt

BB&T Corporation (NYSE:BBT) LogoInvestors sentiment decreased to 1.12 in 2018 Q1. Its down 0.03, from 1.15 in 2017Q4. It dived, as 36 investors sold BBT shares while 301 reduced holdings. 110 funds opened positions while 268 raised stakes. 481.29 million shares or 0.34% more from 479.66 million shares in 2017Q4 were reported. 625,763 are owned by State Of Wisconsin Invest Board. Moreover, Woodmont Invest Counsel Limited Co has 0.59% invested in BB&T Corporation (NYSE:BBT). Amica Mutual Insurance stated it has 26,146 shares. Pictet Asset Mngmt accumulated 643,473 shares or 0.08% of the stock. Inr Advisory Svcs Ltd Co accumulated 81 shares or 0% of the stock. Federated Incorporated Pa owns 0% invested in BB&T Corporation (NYSE:BBT) for 18,935 shares. Old Point Tru Financial Services N A stated it has 63,636 shares. Spectrum Mngmt Gp Inc accumulated 500 shares. Earnest Prns Ltd invested in 0% or 423 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems reported 69,559 shares. Comerica Savings Bank stated it has 0.2% in BB&T Corporation (NYSE:BBT). Godsey And Gibb Associates reported 281,744 shares. California State Teachers Retirement System invested in 0.15% or 1.36M shares. Westwood Group, Texas-based fund reported 1.62M shares. The Ohio-based Gateway Advisers Llc has invested 0.02% in BB&T Corporation (NYSE:BBT).

Since February 20, 2018, it had 0 insider buys, and 12 sales for $17.62 million activity. 74,847 shares were sold by Bible Daryl N., worth $4.01M. Shares for $130,852 were sold by Boyer K. David Jr.. Standridge Brantley J sold $167,146 worth of stock. 2,825 shares valued at $155,943 were sold by HENRY I. PATRICIA on Tuesday, March 6. $151,504 worth of BB&T Corporation (NYSE:BBT) shares were sold by Powell Cynthia B. $2.41M worth of BB&T Corporation (NYSE:BBT) was sold by Goodrich Donna C on Wednesday, April 25.

Provise Management Group Llc increased its stake in Bb&T Corp (BBT) by 315.54% based on its latest 2018Q1 regulatory filing with the SEC. Provise Management Group Llc bought 86,657 shares as the company’s stock declined 1.68% with the market. The institutional investor held 114,120 shares of the major banks company at the end of 2018Q1, valued at $5.94M, up from 27,463 at the end of the previous reported quarter. Provise Management Group Llc who had been investing in Bb&T Corp for a number of months, seems to be bullish on the $40.60B market cap company. The stock increased 0.44% or $0.23 during the last trading session, reaching $52.43. About 2.69M shares traded. BB&T Corporation (NYSE:BBT) has risen 28.68% since August 18, 2017 and is uptrending. It has outperformed by 16.11% the S&P500.

BB&T Corporation (NYSE:BBT) Ratings Coverage

Among 14 analysts covering BB&T Corp (NYSE:BBT), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. BB&T Corp had 17 analyst reports since February 26, 2018 according to SRatingsIntel. The company was upgraded on Tuesday, March 27 by FBR Capital. Sandler O’Neill maintained BB&T Corporation (NYSE:BBT) on Thursday, April 19 with “Hold” rating. The rating was maintained by SunTrust with “Buy” on Thursday, April 19. Stephens maintained the shares of BBT in report on Monday, April 23 with “Buy” rating. The firm has “Hold” rating by Jefferies given on Thursday, April 19. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. The stock of BB&T Corporation (NYSE:BBT) earned “Buy” rating by Edward Jones on Wednesday, April 11. The stock of BB&T Corporation (NYSE:BBT) earned “Buy” rating by BMO Capital Markets on Thursday, April 19. The rating was maintained by BMO Capital Markets on Friday, July 20 with “Outperform”. FBR Capital maintained BB&T Corporation (NYSE:BBT) on Friday, July 20 with “Buy” rating.

BB&T Corporation (NYSE:BBT) Institutional Positions Chart

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