BB&T Corporation (NYSE:BBT) : Insider Activity & Analysis


BB&T Corporation (NYSE:BBT)stock is currently trading at about $35.61 and lots of rating firms seem to have a target price set on the stock.  The median 12-month price target of 27 analysts covering the company is $38.00, which suggests the stock could still gain more than 6 percent. The highest analyst price target is $45.00, which implies a gain of 74 percent. And roundups of analyst notes show that 10 are rating the stock a buy while 8 rate BBT a strong buy. There are 13 equity research firms suggesting a Hold and 0 consider it Sell.

Sandler O’Neill issued their verdict on BB&T Corporation (NYSE:BBT)recently. The rating firm gave a Hold rating to this stock in a research note on Jun 29, 2016.Sun Trust Rbsn Humphrey analysts issued their verdict on BB&T Corporation (NYSE:BBT)recently. The rating firm gave a Buy rating to this stock in a research note on May 16, 2016. According to a research note published on May 9, 2016, analysts at Raymond James have lowered  their rating on the company stock from Outperform to Mkt Perform.

BB&T Corporation (NYSE:BBT)Insider Activity

Several executives took part in recent insider activity for the stock. Its Director BANNER JENNIFER S sold 1,545 company shares for $56000.02, in a transaction on 2016-05-27. Following the transaction, the Director is left with a stake of 29,516 shares, currently valued at $1051065. Meanwhile,  Sr. Executive Vice President Yates William Rufus sold 8,500 shares worth $302000.18, through a transaction dated 2016-05-24. Following the completion of the transaction, the insider is left with a stake of 56,526 shares, amounting $2012891. BBT Sr. Executive Vice President Weaver David Hudson also sold 4,000 shares, at a stock price of $35.05. This transaction occurred on 2016-05-23 totals $140000.2. After this transaction, the insider,s stake stands at 27,672 shares, with a market value of $985400

Insiders own 0% percent of the stock. THOMPSON THOMAS NICHOLS is one of the largest insider shareholders in BB&T Corporation (NYSE:BBT), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 554,407 shares which have current market value of around $19742433.KING KELLY S is another major inside shareholder in the company. The insider owns 298,913 shares as of Mar 15, 2016, currently worth $10644292. WILLIAMS STEPHEN T is ranked as third insider holder of the stock. This insider holds 374,835 shares with a market value around $13347874 as of recent close.

BB&T Corporation (NYSE:BBT)Earnings Overview

In BB&T Corporation (NYSE:BBT),s most recent quarter, EPS moved to $0.67 from $0.64 in prior quarter and revenues reached at $2,584.00M versus $2,557.00M. Analysts had expected BB&T Corporation (NYSE:BBT)to report earnings of about $0.64 per share on $2,579.79M in revenue.  Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.62 and $0.71. That is compared with the $0.62 in earnings per share it reported during the same period last year.


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