As Bb&T Corp (BBT) Stock Value Declined, Macquarie Group LTD Has Boosted by $13.11 Million Its Holding

December 15, 2017 - By Vivian Currie

Investors sentiment increased to 1.16 in 2017 Q2. Its up 0.05, from 1.11 in 2017Q1. It increased, as 62 investors sold BBT shares while 256 reduced holdings. 73 funds opened positions while 295 raised stakes. 511.81 million shares or 0.29% less from 513.31 million shares in 2017Q1 were reported. Essex Investment Ltd holds 25,277 shares or 0.16% of its portfolio. Dynamic Advsrs Solutions Ltd Liability owns 10,035 shares. Bancshares Of The Ozarks has 52,358 shares for 0.85% of their portfolio. Moreover, Rhumbline Advisers has 0.14% invested in BB&T Corporation (NYSE:BBT) for 1.40 million shares. 45,300 are owned by Laffer Invs. Prudential Public Limited owns 4,554 shares. Aviva Public Limited Company owns 0.13% invested in BB&T Corporation (NYSE:BBT) for 508,668 shares. 41,406 were reported by Blair William & Company Il. Fmr Limited Liability Com, a Massachusetts-based fund reported 1.25M shares. Papp L Roy Associates invested in 0.05% or 5,357 shares. Fort Washington Investment Oh holds 0.08% of its portfolio in BB&T Corporation (NYSE:BBT) for 117,380 shares. Sterling Lc stated it has 0.46% of its portfolio in BB&T Corporation (NYSE:BBT). Pnc Fincl Gru reported 0.03% in BB&T Corporation (NYSE:BBT). The New York-based United States Steel And Carnegie Pension Fund has invested 1.03% in BB&T Corporation (NYSE:BBT). Employees Retirement Of Texas stated it has 47,000 shares or 0.03% of all its holdings.

Since August 16, 2017, it had 0 insider purchases, and 7 selling transactions for $7.30 million activity. 12,357 BB&T Corporation (NYSE:BBT) shares with value of $589,373 were sold by Johnson Robert Jerome JR. KING KELLY S sold $3.15M worth of stock or 66,372 shares. The insider BANNER JENNIFER S sold $559,259. 7,762 shares were sold by Bradley W Bennett, worth $373,811. $410,539 worth of BB&T Corporation (NYSE:BBT) shares were sold by Weaver David Hudson. Henson Christopher L sold 42,233 shares worth $2.01M.

Macquarie Group Ltd increased its stake in Bb&T Corp (BBT) by 1.73% based on its latest 2017Q2 regulatory filing with the SEC. Macquarie Group Ltd bought 291,257 shares as the company’s stock declined 11.91% while stock markets rallied. The institutional investor held 17.13M shares of the major banks company at the end of 2017Q2, valued at $778.03 million, up from 16.84M at the end of the previous reported quarter. Macquarie Group Ltd who had been investing in Bb&T Corp for a number of months, seems to be bullish on the $39.03B market cap company. The stock increased 1.02% or $0.5 during the last trading session, reaching $49.47. About 3.93 million shares traded. BB&T Corporation (NYSE:BBT) has risen 20.68% since December 15, 2016 and is uptrending. It has outperformed by 3.98% the S&P500.

Macquarie Group Ltd, which manages about $54.70 billion US Long portfolio, decreased its stake in Fluor Corp New (NYSE:FLR) by 103,508 shares to 4,700 shares, valued at $215,000 in 2017Q2, according to the filing. It also reduced its holding in Pdc Energy Inc (NASDAQ:PDCE) by 375,717 shares in the quarter, leaving it with 30,900 shares, and cut its stake in Liberty Tripadvisor Hldgs Inc (NASDAQ:LTRPA).

More news for BB&T Corporation (NYSE:BBT) were recently published by: Seekingalpha.com, which released: “Banks ease a bit following rate hike” on December 14, 2017. Seekingalpha.com‘s article titled: “Justifying BB&T For The 2017 Dividend Machine Portfolio” and published on December 13, 2017 is yet another important article.

BB&T Corporation (NYSE:BBT) Ratings Coverage

Among 29 analysts covering BB&T Corp (NYSE:BBT), 9 have Buy rating, 1 Sell and 19 Hold. Therefore 31% are positive. BB&T Corp had 77 analyst reports since July 17, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Hold” on Thursday, July 20. On Friday, October 16 the stock rating was maintained by Barclays Capital with “Equal Weight”. Jefferies maintained BB&T Corporation (NYSE:BBT) on Friday, August 11 with “Hold” rating. Suntrust Robinson upgraded the shares of BBT in report on Monday, May 16 to “Outperform” rating. The stock of BB&T Corporation (NYSE:BBT) earned “Outperform” rating by SunTrust on Monday, May 16. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, January 3. FBR Capital downgraded it to “Mkt Perform” rating and $40 target in Tuesday, October 11 report. The firm earned “Hold” rating on Sunday, October 15 by Piper Jaffray. RBC Capital Markets maintained BB&T Corporation (NYSE:BBT) rating on Thursday, September 7. RBC Capital Markets has “Buy” rating and $50.0 target. On Monday, November 14 the stock rating was downgraded by Morgan Stanley to “Underweight”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.