Breton Hill Capital Ltd. purchased a new stake in BB&T Corp. (NYSE:BBT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,262 shares of the company’s stock, valued at approximately $804,000.

Several other hedge funds have also bought and sold shares of BBT. Union Bankshares raised its stake in BB&T Corp. by 5.5% in the fourth quarter. Union Bankshares now owns 61,246 shares of the company’s stock valued at $2,316,000 after buying an additional 3,168 shares during the period. Carroll Financial Associates raised its stake in BB&T Corp. by 3.9% in the fourth quarter. Carroll Financial Associates now owns 147,863 shares of the company’s stock valued at $5,590,000 after buying an additional 5,547 shares during the period. Capital Investment Services of America raised its stake in BB&T Corp. by 0.9% in the fourth quarter. Capital Investment Services of America now owns 301,236 shares of the company’s stock valued at $11,390,000 after buying an additional 2,700 shares during the period. Newman Dignan & Sheerar raised its stake in BB&T Corp. by 29.6% in the fourth quarter. Newman Dignan & Sheerar now owns 16,438 shares of the company’s stock valued at $622,000 after buying an additional 3,753 shares during the period. Finally, RNC Capital Management raised its stake in BB&T Corp. by 0.6% in the fourth quarter. RNC Capital Management now owns 66,975 shares of the company’s stock valued at $2,532,000 after buying an additional 400 shares during the period.

Shares of BB&T Corp. (NYSE:BBT) opened at 32.66 on Monday. The stock has a market cap of $25.49 billion and a PE ratio of 12.76. The firm’s 50-day moving average is $35.35 and its 200 day moving average is $37.34. 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 released its earnings results 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 last year, the firm posted $0.76 EPS. The business had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.58 billion. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, equities analysts predict that BB&T Corp. will post $3.00 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 1st. Shareholders of record on Friday, February 12th will be paid 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.

BBT has been the topic of several research reports. Jefferies Group lowered their price target on shares of BB&T Corp. from $41.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Hilliard Lyons lowered shares of BB&T Corp. from a “long” rating to a “neutral” rating in a research report on Friday, October 16th. Barclays lowered their price target on shares of BB&T Corp. from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. Piper Jaffray initiated coverage on shares of BB&T Corp. in a research report on Monday, November 23rd. They issued a “neutral” rating and a $37.00 price target on the stock. Finally, Raymond James raised shares of BB&T Corp. from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $42.00 to $45.00 in a research report on Monday, December 7th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. BB&T Corp. presently has an average rating of “Hold” and an average target price of $41.67.

In other news, EVP Donna C. Goodrich sold 7,311 shares of BB&T Corp. stock in a transaction that occurred on 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 in the company, valued at $2,338,922.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Cynthia A. Williams sold 3,271 shares of BB&T Corp. stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $38.57, for a total transaction of $126,162.47. Following the sale, the executive vice president now 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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