Bb&t Corp (BBT): William Rufus Yates , Sr. Executive Vice President of Bb&t Corp sold 8,500 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $35.55 per share for a total value of $302,190.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, David Hudson Weaver (Sr. Executive Vice President) sold 4,000 shares at $35.05 per share price.On May 19, 2016, Steven B Wiggs (Sr. Exec. V.P.) sold 21,435 shares at $33.83 per share price.Also, On May 6, 2016, Donna C Goodrich (Sr. Executive Vice President) sold 15,100 shares at $34.16 per share price.On May 2, 2016, K. David Jr. Boyer (director) sold 2,500 shares at $35.73 per share price.
BB&T Corporation: On Wednesday, May 25, 2016 heightened volatility was witnessed in BB&T Corporation which led to swings in the share price. The shares opened for trading at $35.82 and hit $36.55 on the upside , eventually ending the session at $36.37, with a gain of 2.34% or 0.83 points. The heightened volatility saw the trading volume jump to 57,19,077 shares. The 52-week high of the share price is $41.9 and the company has a market cap of $28,455 M . The 52-week low of the share price is at $29.95.
Company has been under the radar of several Street Analysts.BB&T Corporation is Upgraded by Sun Trust Rbsn Humphrey to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 16, 2016.BB&T Corporation is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 9, 2016.BB&T Corporation is Downgraded by Raymond James to Outperform. Earlier the firm had a rating of Strong Buy on the company shares. The Rating was issued on Apr 7, 2016.BB&T Corporation is Reiterated by Barclays to Equal Weight while Lowering the Price Target of the company shares to $ 40 from a previous price target of $41 . The Rating was issued on Apr 6, 2016.BB&T Corporation is Resumed by Deutsche Bank to Hold and the brokerage firm has set the Price Target at $39. The Rating was issued on Apr 5, 2016.
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&Ts 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&Ts subsidiaries offer a range of retail and commercial services to retail and commercial clients.