The Corp. Controller, Exec VP of BB&T Corp (NYSE: BBT) is Selling Shares

By Carrie Williams

Today, the Corp. Controller, Exec VP of BB&T Corp (BBTResearch Report), Cynthia B. Powell, sold shares of BBT for $130.5K.

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Based on BB&T Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.37 billion and quarterly net profit of $792 million. In comparison, last year the company earned revenue of $3.14 billion and had a net profit of $788 million. BBT’s market cap is $38.46B and the company has a P/E ratio of 12.74. Currently, BB&T Corp has an average volume of 6.83M.

Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $55.88, reflecting a 10.2% upside.

The insider sentiment on BB&T Corp has been negative according to 93 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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BB&T Corp. engages in the provision of banking and trust services through its subsidiaries. It operates through the following segments: Community Banking-Retail; Community Banking-Commercial; Insurance Holdings; and Financial Services and Commercial Finance; Other, Treasury and Corporate.