Dalton Greiner Hartman Maher Co Lowers stake in BB&T Corporation (BBT)

BB&T Corporation (BBT) : Dalton Greiner Hartman Maher Co reduced its stake in BB&T Corporation by 0.91% during the most recent quarter end. The investment management company now holds a total of 1,440,965 shares of BB&T Corporation which is valued at $49,036,039 after selling 13,203 shares in BB&T Corporation , the firm said in a disclosure report filed with the SEC on Apr 14, 2016.BB&T Corporation makes up approximately 2.93% of Dalton Greiner Hartman Maher Co’s portfolio.

BB&T Corporation opened for trading at $33.99 and hit $34.395 on the upside on Monday, eventually ending the session at $34.25, with a gain of 0.65% or 0.22 points. The heightened volatility saw the trading volume jump to 58,39,037 shares. Company has a market cap of $26,730 M.

Other Hedge Funds, Including , Oregon Public Employees Retirement Fund reduced its stake in BBT by selling 2,067 shares or 1.43% in the most recent quarter. The Hedge Fund company now holds 142,287 shares of BBT which is valued at $4,842,027. BB&T Corporation makes up approx 0.11% of Oregon Public Employees Retirement Fund’s portfolio.Oakwood Capital Managementca boosted its stake in BBT in the latest quarter, The investment management firm added 1,900 additional shares and now holds a total of 141,160 shares of BB&T Corporation which is valued at $4,803,675. BB&T Corporation makes up approx 1.26% of Oakwood Capital Managementca’s portfolio.Dnb Asset Management As boosted its stake in BBT in the latest quarter, The investment management firm added 22,400 additional shares and now holds a total of 65,274 shares of BB&T Corporation which is valued at $2,221,274. BB&T Corporation makes up approx 0.05% of Dnb Asset Management As’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in BBT in the latest quarter, The investment management firm added 23,162 additional shares and now holds a total of 179,931 shares of BB&T Corporation which is valued at $6,123,052. BB&T Corporation makes up approx 0.14% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Capstone Asset Management Co reduced its stake in BBT by selling 4,030 shares or 3.57% in the most recent quarter. The Hedge Fund company now holds 108,779 shares of BBT which is valued at $3,701,749. BB&T Corporation makes up approx 0.11% of Capstone Asset Management Co’s portfolio.

On the company’s financial health, BB&T Corporation reported $0.68 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jan 21, 2016. Analyst had a consensus of $0.72. The company had revenue of $2557.00 million for the quarter, compared to analysts expectations of $2587.51 million. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Many Wall Street Analysts have commented on BB&T Corporation. BB&T Corporation was Downgraded by Raymond James to ” Outperform” on Apr 7, 2016. Shares were Reiterated by Barclays on Apr 6, 2016 to “Equal Weight” and Lowered the Price Target to $ 40 from a previous price target of $41 .Deutsche Bank Resumed BB&T Corporation on Apr 5, 2016 to “Hold”, Price Target of the shares are set at $39.

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary Branch Bank and other nonbank subsidiaries. BB&T’s operations are divided into six reportable business segments: Community Banking Residential Mortgage Banking Dealer Financial Services Specialized Lending Insurance Services and Financial Services and Other Treasury and Corporate. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets including small and mid-size businesses public agencies local governments and individuals through 1839 offices as of December 31 2014. BB&T’s subsidiaries offer a range of retail and commercial services to retail and commercial clients.

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