Bb&T (BBT) Shareholder Smith Salley & Associates Has Raised Stake by $731,178 as Stock Value Rose; Hap Trading Position in T Mobile Us (TMUS) Has Cut by $1.37 Million as Valuation Declined

May 20, 2018 - By wolcottdaily

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Smith Salley & Associates increased its stake in Bb&T Corp (BBT) by 32.8% based on its latest 2017Q4 regulatory filing with the SEC. Smith Salley & Associates bought 14,922 shares as the company’s stock rose 2.32% while stock markets declined. The institutional investor held 60,415 shares of the major banks company at the end of 2017Q4, valued at $3.00 million, up from 45,493 at the end of the previous reported quarter. Smith Salley & Associates who had been investing in Bb&T Corp for a number of months, seems to be bullish on the $42.82 billion market cap company. The stock decreased 0.94% or $0.52 during the last trading session, reaching $54.91. About 3.20M shares traded. BB&T Corporation (NYSE:BBT) has risen 16.87% since May 20, 2017 and is uptrending. It has outperformed by 5.32% the S&P500.

Hap Trading Llc decreased its stake in T Mobile Us Inc (TMUS) by 27.43% based on its latest 2017Q4 regulatory filing with the SEC. Hap Trading Llc sold 21,725 shares as the company’s stock declined 5.16% with the market. The institutional investor held 57,475 shares of the public utilities company at the end of 2017Q4, valued at $3.65M, down from 79,200 at the end of the previous reported quarter. Hap Trading Llc who had been investing in T Mobile Us Inc for a number of months, seems to be less bullish one the $48.21 billion market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.93. About 3.85M shares traded. T-Mobile US, Inc. (NYSE:TMUS) has declined 6.04% since May 20, 2017 and is downtrending. It has underperformed by 17.59% the S&P500.

Since January 19, 2018, it had 0 insider buys, and 15 insider sales for $24.95 million activity. $2.66 million worth of BB&T Corporation (NYSE:BBT) shares were sold by Henson Christopher L. QUBEIN NIDO R had sold 21,025 shares worth $1.15M on Monday, February 5. Standridge Brantley J sold $167,146 worth of stock. DUCK BARBARA F sold $3.66M worth of stock. $3.28M worth of stock was sold by KING KELLY S on Friday, January 19. Starnes Clarke R III had sold 22,629 shares worth $1.25 million on Tuesday, February 20.

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 112 analyst reports since July 17, 2015 according to SRatingsIntel. As per Friday, October 16, the company rating was downgraded by Hilliard Lyons. The company was maintained on Thursday, January 4 by Susquehanna. Keefe Bruyette & Woods maintained it with “Hold” rating and $49.0 target in Thursday, October 19 report. As per Friday, July 21, the company rating was downgraded by Hilliard Lyons. On Tuesday, May 10 the stock rating was upgraded by FIG Partners to “Outperform”. The firm earned “Hold” rating on Thursday, January 18 by Piper Jaffray. As per Thursday, April 19, the company rating was maintained by Piper Jaffray. The rating was initiated by UBS on Wednesday, January 11 with “Neutral”. The stock has “Overweight” rating by Stephens on Thursday, October 5. The firm has “Neutral” rating by SunTrust given on Thursday, August 27.

Smith Salley & Associates, which manages about $331.94M and $558.35M US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLY) by 5,522 shares to 8,348 shares, valued at $824,000 in 2017Q4, according to the filing. It also reduced its holding in Select Sector Spdr Tr (XLV) by 9,224 shares in the quarter, leaving it with 14,091 shares, and cut its stake in Mdu Res Group Inc (NYSE:MDU).

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.22, from 0.93 in 2017Q3. It increased, as 41 investors sold BBT shares while 269 reduced holdings. 96 funds opened positions while 261 raised stakes. 479.66 million shares or 4.23% less from 500.82 million shares in 2017Q3 were reported. River Road Asset Mngmt Ltd Liability Corporation has 2.04% invested in BB&T Corporation (NYSE:BBT). Nelson Van Denburg & Campbell Wealth Management Limited Company reported 12 shares or 0% of all its holdings. Paragon Capital Mgmt Ltd Liability Company owns 0.1% invested in BB&T Corporation (NYSE:BBT) for 5,890 shares. Kepos Cap LP reported 0.34% stake. Richard C Young & Company Ltd holds 1.81% or 193,770 shares in its portfolio. 11,514 are owned by Crawford Invest Counsel. Texan Mngmt, Texas-based fund reported 39,434 shares. Victory Capital Mgmt owns 0.02% invested in BB&T Corporation (NYSE:BBT) for 220,497 shares. Ubs Oconnor Ltd, Illinois-based fund reported 210,000 shares. Campbell Newman Asset Mgmt has 1.35% invested in BB&T Corporation (NYSE:BBT). Td Asset Mgmt Incorporated owns 346,735 shares. Cambridge Tru reported 0.02% of its portfolio in BB&T Corporation (NYSE:BBT). Bartlett & Com Ltd Liability Corp invested 0.02% of its portfolio in BB&T Corporation (NYSE:BBT). Moody Bancorporation Tru Division reported 0.02% of its portfolio in BB&T Corporation (NYSE:BBT). Oppenheimer Asset Mgmt Inc invested in 99,474 shares.

Hap Trading Llc, which manages about $2.39 billion US Long portfolio, upped its stake in Expedia Inc Del (NASDAQ:EXPE) by 243,865 shares to 257,265 shares, valued at $30.81 million in 2017Q4, according to the filing. It also increased its holding in Schein Henry Inc (Put) (NASDAQ:HSIC) by 78,000 shares in the quarter, for a total of 121,100 shares, and has risen its stake in Time Warner Inc (Call) (NYSE:TWX).

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.02, from 1.06 in 2017Q3. It turned negative, as 66 investors sold TMUS shares while 159 reduced holdings. 81 funds opened positions while 154 raised stakes. 280.13 million shares or 0.34% more from 279.18 million shares in 2017Q3 were reported. Moreover, Teachers Retirement Systems Of The State Of Kentucky has 0.2% invested in T-Mobile US, Inc. (NASDAQ:TMUS) for 274,172 shares. Gruss Com stated it has 1.22% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS). Amer Century Cos Inc has invested 0.07% in T-Mobile US, Inc. (NASDAQ:TMUS). Wells Fargo And Mn has 0.02% invested in T-Mobile US, Inc. (NASDAQ:TMUS). Efg Asset Mgmt (Americas) holds 32,967 shares or 0.76% of its portfolio. World Asset Mngmt Inc has invested 0.03% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS). Fuller & Thaler Asset holds 0.04% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS) for 57,300 shares. State Board Of Administration Of Florida Retirement Sys accumulated 429,404 shares. Parkside State Bank And, a Missouri-based fund reported 80 shares. New York-based Art Advsr Ltd Liability Co has invested 0.31% in T-Mobile US, Inc. (NASDAQ:TMUS). Trexquant Investment LP holds 64,208 shares or 0.45% of its portfolio. Nordea Investment Management holds 11,619 shares. Global X Mngmt Lc stated it has 8,484 shares. Bluemountain Capital Mngmt Limited Co reported 7,107 shares stake. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt holds 181,997 shares.

Among 33 analysts covering T-Mobile US (NYSE:TMUS), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. T-Mobile US had 83 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Neutral” on Tuesday, April 11. The firm has “Buy” rating by Oppenheimer given on Monday, April 30. The company was maintained on Tuesday, September 5 by Jefferies. The rating was maintained by Cowen & Co with “Buy” on Monday, October 23. On Wednesday, October 4 the stock rating was maintained by Robert W. Baird with “Hold”. Deutsche Bank maintained T-Mobile US, Inc. (NASDAQ:TMUS) on Tuesday, October 10 with “Hold” rating. The company was maintained on Friday, July 21 by William Blair. The company was maintained on Friday, July 31 by Canaccord Genuity. The rating was maintained by BTIG Research on Wednesday, October 18 with “Buy”. The firm has “Outperform” rating by FBR Capital given on Wednesday, January 11.

Since February 14, 2018, it had 1 buying transaction, and 0 selling transactions for $17.34 million activity.

More notable recent T-Mobile US, Inc. (NASDAQ:TMUS) news were published by: Streetinsider.com which released: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” on May 15, 2018, also Bizjournals.com with their article: “How Sprint’s new CEO plans to keep pressing forward during merger talks” published on May 17, 2018, Nasdaq.com published: “Why Sprint and T-Mobile Shares Plunged On Today’s Merger News” on April 30, 2018. More interesting news about T-Mobile US, Inc. (NASDAQ:TMUS) were released by: Streetinsider.com and their article: “T-Mobile (NASDAQ: TMUS) May weekly call option implied volatility elevated into reaching an agreement to merge with …” published on April 30, 2018 as well as Benzinga.com‘s news article titled: “Wall Street Reacts To Sprint, T-Mobile Merger” with publication date: April 30, 2018.

BB&T Corporation (NYSE:BBT) Institutional Positions Chart

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