Bb&T (BBT) Market Valuation Declined While Ntv Asset Management Lowered by $2.23 Million Its Position; As Boeing Co (BA) Shares Declined, State Treasurer State Of Michigan Lifted Holding

September 24, 2018 - By Clara Lewis

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State Treasurer State Of Michigan increased its stake in Boeing Co (BA) by 12.44% based on its latest 2018Q2 regulatory filing with the SEC. State Treasurer State Of Michigan bought 26,800 shares as the company’s stock declined 2.87% while stock markets rallied. The institutional investor held 242,250 shares of the aerospace company at the end of 2018Q2, valued at $81.28 million, up from 215,450 at the end of the previous reported quarter. State Treasurer State Of Michigan who had been investing in Boeing Co for a number of months, seems to be bullish on the $211.41B market cap company. The stock decreased 1.14% or $4.24 during the last trading session, reaching $367.99. About 2.78M shares traded. The Boeing Company (NYSE:BA) has risen 46.90% since September 24, 2017 and is uptrending. It has outperformed by 31.28% the S&P500. Some Historical BA News: 25/04/2018 – Boeing Sees FY Adj EPS $14.30-Adj EPS $14.50; 10/04/2018 – Boeing Reports First-Quarter Deliveries; 04/05/2018 – CEO of British Airways-owner IAG declines comment on Norwegian; 14/03/2018 – ANALYSIS-India eyeing Boeing’s Super Hornet in latest twist to air force procurement; 21/05/2018 – Israel’s Spacecom gets $55 mln deal for African comms services; 11/05/2018 – ♫ Reuters Insider – Europe pushes back against U.S. withdrawal from Iran nuclear deal; 09/05/2018 – BOEING SEES ITS SPACECRAFT TRANSPORTING ASTRONAUTS TO ISS FIRST; 25/05/2018 – BOEING’S LEVERKUHN IS WORKING AT ROLLS FACTORIES, PEOPLE SAY; 14/05/2018 – ♫ Reuters Insider – Xerox scraps $6.1 bln Fujifilm deal; 16/04/2018 – WHEELTUG PLC ANNOUNCES SIGNING OF A SLOT AGREEMENT FOR 15 BOEING 737NG AND AIRBUS A320 FAMILY AIRCRAFT

Ntv Asset Management Llc decreased its stake in Bb&T Corp (BBT) by 17.53% based on its latest 2018Q2 regulatory filing with the SEC. Ntv Asset Management Llc sold 44,623 shares as the company’s stock declined 5.80% while stock markets rallied. The institutional investor held 209,894 shares of the major banks company at the end of 2018Q2, valued at $10.59 million, down from 254,517 at the end of the previous reported quarter. Ntv Asset Management Llc who had been investing in Bb&T Corp for a number of months, seems to be less bullish one the $39.25 billion market cap company. The stock decreased 1.48% or $0.76 during the last trading session, reaching $50.68. About 2.63M shares traded. BB&T Corporation (NYSE:BBT) has risen 13.22% since September 24, 2017 and is uptrending. It has underperformed by 2.40% the S&P500. Some Historical BBT News: 26/04/2018 – BB&T Bond Trading 2x Average; Clients Net Sellers; 19/04/2018 – BB&T 1Q Rev $2.81B

Investors sentiment decreased to 1.1 in 2018 Q2. Its down 0.02, from 1.12 in 2018Q1. It dropped, as 49 investors sold BBT shares while 285 reduced holdings. 84 funds opened positions while 282 raised stakes. 488.59 million shares or 1.52% more from 481.29 million shares in 2018Q1 were reported. Flippin Bruce Porter holds 188,854 shares. Campbell Newman Asset Mgmt has invested 2.14% in BB&T Corporation (NYSE:BBT). California-based First Quadrant LP Ca has invested 0.01% in BB&T Corporation (NYSE:BBT). Clinton Gp Incorporated reported 4,565 shares stake. Pennsylvania-based Hbk Sorce Advisory Ltd Liability Com has invested 0.04% in BB&T Corporation (NYSE:BBT). Aperio Gp Llc has 0.11% invested in BB&T Corporation (NYSE:BBT) for 449,739 shares. Liberty Mutual Gp Asset reported 0.04% stake. Birch Hill Advsrs Ltd Llc invested in 4,006 shares or 0.02% of the stock. Prelude Capital Management Ltd Co has invested 0.04% in BB&T Corporation (NYSE:BBT). Colony Limited Liability Com has 0.03% invested in BB&T Corporation (NYSE:BBT) for 11,241 shares. Tompkins reported 0.59% in BB&T Corporation (NYSE:BBT). Wesbanco Commercial Bank holds 298,818 shares. Mitchell Cap Mgmt owns 17,059 shares. Los Angeles Cap And Equity Research accumulated 117,543 shares. Raymond James & accumulated 0.19% or 2.29 million shares.

Analysts await BB&T Corporation (NYSE:BBT) to report earnings on October, 18 before the open. They expect $1.00 earnings per share, up 28.21% or $0.22 from last year’s $0.78 per share. BBT’s profit will be $774.45M for 12.67 P/E if the $1.00 EPS becomes a reality. After $1.01 actual earnings per share reported by BB&T Corporation for the previous quarter, Wall Street now forecasts -0.99% negative EPS growth.

More recent BB&T Corporation (NYSE:BBT) news were published by: Seekingalpha.com which released: “BB&T invests $5M in fintech company Enigma” on September 18, 2018. Also Seekingalpha.com published the news titled: “Playing M&A Bingo With BB&T” on September 19, 2018. Bizjournals.com‘s news article titled: “BB&T to demolish old HQ in Wilson, erect new, $35M building” with publication date: August 30, 2018 was also an interesting one.

Among 32 analysts covering BB&T Corp (NYSE:BBT), 16 have Buy rating, 0 Sell and 16 Hold. Therefore 50% are positive. BB&T Corp had 114 analyst reports since July 17, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by FBR Capital on Thursday, January 19. The firm has “Hold” rating given on Thursday, January 18 by Jefferies. Keefe Bruyette & Woods maintained the shares of BBT in report on Wednesday, April 4 with “Hold” rating. Piper Jaffray downgraded BB&T Corporation (NYSE:BBT) on Monday, March 28 to “Underweight” rating. The rating was maintained by BMO Capital Markets on Tuesday, October 3 with “Hold”. The stock of BB&T Corporation (NYSE:BBT) has “Hold” rating given on Friday, July 21 by Hilliard Lyons. As per Thursday, October 19, the company rating was maintained by Keefe Bruyette & Woods. Morgan Stanley maintained BB&T Corporation (NYSE:BBT) rating on Friday, April 20. Morgan Stanley has “Equal-Weight” rating and $60 target. The stock has “Neutral” rating by Piper Jaffray on Tuesday, November 24. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, May 26 report.

Since April 25, 2018, it had 0 buys, and 9 insider sales for $16.07 million activity. $167,146 worth of BB&T Corporation (NYSE:BBT) was sold by Standridge Brantley J. Boyer K. David Jr. had sold 2,500 shares worth $130,852. Powell Cynthia B sold $151,504 worth of stock. 68,402 BB&T Corporation (NYSE:BBT) shares with value of $3.66 million were sold by DUCK BARBARA F. Another trade for 5,565 shares valued at $306,847 was made by Bradley W Bennett on Friday, May 18. The insider Goodrich Donna C sold $2.41M.

State Treasurer State Of Michigan, which manages about $12.66 billion US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 134,419 shares to 2.77M shares, valued at $139.49M in 2018Q2, according to the filing. It also reduced its holding in Copart Inc (NASDAQ:CPRT) by 13,804 shares in the quarter, leaving it with 59,800 shares, and cut its stake in Mcdonalds Corp (NYSE:MCD).

Since May 3, 2018, it had 0 buys, and 5 selling transactions for $6.66 million activity. Verbeck Robert E sold 2,840 shares worth $948,261. Sands Diana L also sold $1.48M worth of The Boeing Company (NYSE:BA) shares. Hyslop Gregory L sold $762,543 worth of The Boeing Company (NYSE:BA) on Monday, May 7. The insider CAPOZZI HEIDI B sold $373,379.

Investors sentiment increased to 0.88 in Q2 2018. Its up 0.22, from 0.66 in 2018Q1. It improved, as 38 investors sold BA shares while 606 reduced holdings. 121 funds opened positions while 445 raised stakes. 353.55 million shares or 2.04% less from 360.90 million shares in 2018Q1 were reported. Capital Invsts reported 16.07 million shares. Andra Ap holds 0.18% or 19,300 shares. Caprock Gp Inc has 0.22% invested in The Boeing Company (NYSE:BA). Bank Of Hawaii invested in 15,617 shares. Vestor Capital Lc holds 1.1% or 16,102 shares in its portfolio. Birinyi Assocs Incorporated holds 1.86% or 14,150 shares in its portfolio. Kornitzer Capital Mgmt Ks holds 255,071 shares. Madison has invested 0.02% of its portfolio in The Boeing Company (NYSE:BA). Barrett Asset Mgmt Ltd Liability Corporation holds 0% or 150 shares in its portfolio. Northeast Investment Management has invested 0.09% of its portfolio in The Boeing Company (NYSE:BA). Foster & Motley invested 0.09% of its portfolio in The Boeing Company (NYSE:BA). Madrona Limited Liability holds 0.22% of its portfolio in The Boeing Company (NYSE:BA) for 808 shares. City holds 0.41% or 3,953 shares. Howland Management Limited Liability Corporation owns 878 shares. Quantres Asset Management, a Cayman Islands-based fund reported 3,600 shares.

More notable recent The Boeing Company (NYSE:BA) news were published by: Bizjournals.com which released: “Space Florida, Blue Origin, ULA line up $195M worth of work” on September 19, 2018, also Seekingalpha.com with their article: “Will Boeing’s 737 Recovery Plan Work?” published on September 18, 2018, Seekingalpha.com published: “Did Boeing Temper Expectations?” on September 17, 2018. More interesting news about The Boeing Company (NYSE:BA) were released by: Seekingalpha.com and their article: “Boeing: Sitting On A Double And We Still Aren’t Selling Our Shares” published on September 24, 2018 as well as Seekingalpha.com‘s news article titled: “Boeing Extends Lead On Airbus” with publication date: September 21, 2018.

The Boeing Company (NYSE:BA) Institutional Positions Chart

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