Asset Advisors Corp raised its stake in shares of BB&T Corp. (NYSE:BBT) by 11.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,615 shares of the company’s stock after buying an additional 9,720 shares during the period. Asset Advisors Corp’s holdings in BB&T Corp. were worth $3,464,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stanley Laman Group Ltd. raised its position in BB&T Corp. by 66.6% in the fourth quarter. Stanley Laman Group Ltd. now owns 56,241 shares of the company’s stock valued at $2,126,000 after buying an additional 22,486 shares during the period. Gateway Investment Advisers LLC raised its position in BB&T Corp. by 4.3% in the fourth quarter. Gateway Investment Advisers LLC now owns 82,046 shares of the company’s stock valued at $3,102,000 after buying an additional 3,377 shares during the period. Douglas C. Lane & Associates Inc. raised its position in BB&T Corp. by 43.2% in the fourth quarter. Douglas C. Lane & Associates Inc. now owns 599,364 shares of the company’s stock valued at $22,662,000 after buying an additional 180,884 shares during the period. British Columbia Investment Management Corp raised its position in BB&T Corp. by 6.0% in the fourth quarter. British Columbia Investment Management Corp now owns 416,361 shares of the company’s stock valued at $15,743,000 after buying an additional 23,575 shares during the period. Finally, Oakwood Capital Management LLC CA raised its position in BB&T Corp. by 1.8% in the fourth quarter. Oakwood Capital Management LLC CA now owns 139,260 shares of the company’s stock valued at $5,265,000 after buying an additional 2,450 shares during the period.

BB&T Corp. (NYSE:BBT) opened at 32.66 on Friday. The company’s 50-day moving average is $35.35 and its 200-day moving average is $37.34. The stock has a market capitalization of $25.49 billion and a P/E ratio of 12.76. BB&T Corp. has a 12 month low of $30.99 and a 12 month high of $41.90.

BB&T Corp. (NYSE:BBT) last issued its quarterly earnings data on Thursday, January 21st. The company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by $0.01. During the same quarter in the prior year, the company posted $0.76 earnings per share. The business had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.58 billion. The firm’s revenue was up 6.9% on a year-over-year basis. Equities analysts anticipate that BB&T Corp. will post $3.00 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 1st. Shareholders of record on Friday, February 12th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Wednesday, February 10th.

Several research analysts have recently commented on the stock. Hilliard Lyons raised shares of BB&T Corp. from a “neutral” rating to a “buy” rating in a report on Monday, January 25th. FBR & Co. reiterated an “outperform” rating and issued a $45.00 price objective on shares of BB&T Corp. in a research report on Sunday, January 24th. Evercore ISI reiterated a “buy” rating and issued a $38.00 price objective (down from $41.00) on shares of BB&T Corp. in a research report on Friday, January 22nd. Barclays cut their price objective on shares of BB&T Corp. from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Friday, January 22nd. Finally, Argus cut their price objective on shares of BB&T Corp. from $46.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, January 21st. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $41.67.

In other BB&T Corp. news, EVP Donna C. Goodrich sold 7,311 shares of the stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $39.10, for a total transaction of $285,860.10. Following the sale, the executive vice president now owns 59,819 shares of the company’s stock, valued at approximately $2,338,922.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Cynthia A. Williams sold 3,271 shares of the stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $38.57, for a total transaction of $126,162.47. Following the sale, the executive vice president now directly owns 27,485 shares in the company, valued at approximately $1,060,096.45. The disclosure for this sale can be found here.

BB&T Corporation (NYSE:BBT) 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 1,839 offices as of December 31, 2014. BB&T’s subsidiaries offer a range of retail and commercial services to retail and commercial clients.

12 Month Chart for NYSE:BBT

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