SunTrust Robinson Keeps a “Buy” Rating on BB&T (BBT) and $60.0000 Target; Allison Transmission Holdings (ALSN) Sellers Increased By 9.13% Their Shorts

Allison Transmission Holdings, Inc. (NYSE:ALSN) Logo

The financial company have set TP of $60.0000 on BB&T Corp (NYSE:BBT) shares. This is 14.59% from the current stock price. In an analyst report revealed on Thursday, 19 April, SunTrust Robinson kept their “Buy” rating on shares of BBT.

Allison Transmission Holdings Inc (NYSE:ALSN) had an increase of 9.13% in short interest. ALSN’s SI was 10.08M shares in April as released by FINRA. Its up 9.13% from 9.23 million shares previously. With 1.39M avg volume, 7 days are for Allison Transmission Holdings Inc (NYSE:ALSN)’s short sellers to cover ALSN’s short positions. The SI to Allison Transmission Holdings Inc’s float is 8.15%. The stock decreased 1.26% or $0.53 during the last trading session, reaching $41.66. About 806,720 shares traded. Allison Transmission Holdings, Inc. (NYSE:ALSN) has risen 7.85% since April 20, 2017 and is uptrending. It has underperformed by 3.70% the S&P500.

Since December 12, 2017, it had 0 insider purchases, and 10 insider sales for $72.72 million activity. The insider STAR JAMES A sold $14.33M. $2.08 million worth of stock was sold by Graziosi David S. on Tuesday, January 9. The insider Dick Michael sold $295,425. Scroggins Eric C. sold $190,533 worth of stock or 4,330 shares.

Allison Transmission Holdings, Inc., together with its subsidiaries, designs, makes, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. The company has market cap of $5.76 billion. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles. It has a 12.4 P/E ratio. The firm markets its transmissions under Allison Transmission brand name; and remanufactured transmissions under ReTran brand name.

Among 21 analysts covering Allison Transmission Holdings (NYSE:ALSN), 8 have Buy rating, 5 Sell and 8 Hold. Therefore 38% are positive. Allison Transmission Holdings had 76 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, September 22 by Deutsche Bank. CLSA initiated the shares of ALSN in report on Friday, September 30 with “Outperform” rating. The stock of Allison Transmission Holdings, Inc. (NYSE:ALSN) earned “Overweight” rating by Barclays Capital on Thursday, April 20. Robert W. Baird maintained Allison Transmission Holdings, Inc. (NYSE:ALSN) rating on Tuesday, September 5. Robert W. Baird has “Buy” rating and $51.0 target. The firm earned “Buy” rating on Thursday, January 11 by RBC Capital Markets. JP Morgan downgraded Allison Transmission Holdings, Inc. (NYSE:ALSN) rating on Friday, October 9. JP Morgan has “Neutral” rating and $29 target. Robert W. Baird maintained Allison Transmission Holdings, Inc. (NYSE:ALSN) on Wednesday, November 1 with “Buy” rating. The firm has “Buy” rating by Citigroup given on Thursday, November 2. The stock of Allison Transmission Holdings, Inc. (NYSE:ALSN) earned “Buy” rating by RBC Capital Markets on Tuesday, October 10. The rating was maintained by Stifel Nicolaus on Monday, September 4 with “Hold”.

Investors sentiment increased to 1.1 in 2017 Q4. Its up 0.04, from 1.06 in 2017Q3. It improved, as 22 investors sold Allison Transmission Holdings, Inc. shares while 97 reduced holdings. 52 funds opened positions while 79 raised stakes. 149.21 million shares or 1.73% less from 151.84 million shares in 2017Q3 were reported. Glenmede Tru Company Na has invested 0.01% in Allison Transmission Holdings, Inc. (NYSE:ALSN). Alps, Colorado-based fund reported 13,592 shares. 14,129 are held by Stone Ridge Asset Management Limited Co. Macquarie Group Limited invested 0.01% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). Burgundy Asset Limited invested in 5.15M shares or 2.02% of the stock. Stratos Wealth reported 1,416 shares. Sei Investments Communications accumulated 0% or 8,624 shares. Federated Invsts Inc Pa owns 1.18M shares. Cibc Asset Management has 0% invested in Allison Transmission Holdings, Inc. (NYSE:ALSN). Advisory Services Network Limited Co stated it has 0% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). Grp reported 0% stake. State Board Of Administration Of Florida Retirement System reported 0.01% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). Plante Moran Financial Advsrs Ltd holds 0.12% in Allison Transmission Holdings, Inc. (NYSE:ALSN) or 4,846 shares. National Bank & Trust Of Hawaii invested in 15,655 shares. Regions Fin accumulated 0% or 300 shares.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.22, from 0.93 in 2017Q3. It improved, as 41 investors sold BB&T Corporation 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. Schwartz Counsel holds 1.26% or 426,500 shares. Wells Fargo And Communication Mn holds 0.09% or 6.50 million shares. Rech, a California-based fund reported 2.88 million shares. Strategic Advisors Ltd has 0.68% invested in BB&T Corporation (NYSE:BBT) for 33,229 shares. 98,324 are held by Mutual Of America Capital Mngmt Limited Co. Penobscot Investment Mgmt Incorporated holds 72,635 shares. Rowland Inv Counsel Adv stated it has 115,675 shares. Hl Financial Serv Lc, a Kentucky-based fund reported 63,388 shares. Asset One Comm Limited owns 1.39M shares for 0.15% of their portfolio. 8,149 are held by Colony Group Inc Ltd. Amer Century Inc has 0.41% invested in BB&T Corporation (NYSE:BBT) for 8.32M shares. Parallax Volatility Advisers Lp has invested 0% of its portfolio in BB&T Corporation (NYSE:BBT). Moreover, Pineno Levin Ford Asset Management Inc has 2.29% invested in BB&T Corporation (NYSE:BBT). Retirement Sys Of Alabama has invested 0.09% in BB&T Corporation (NYSE:BBT). Bragg Fincl Advsr owns 49,335 shares.

BB&T Corporation operates as a financial holding firm that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company has market cap of $40.70 billion. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. It has a 19.11 P/E ratio. The companyÂ’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.

Among 32 analysts covering BB&T Corp (NYSE:BBT), 15 have Buy rating, 0 Sell and 17 Hold. Therefore 47% are positive. BB&T Corp has $64.0 highest and $35 lowest target. $50.96’s average target is -2.67% below currents $52.36 stock price. BB&T Corp had 103 analyst reports since July 17, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Sunday, October 15 by Piper Jaffray. The stock of BB&T Corporation (NYSE:BBT) has “Buy” rating given on Thursday, January 18 by SunTrust. The firm has “Buy” rating by Raymond James given on Tuesday, January 9. The rating was maintained by FBR Capital on Monday, April 24 with “Hold”. The rating was maintained by JP Morgan on Wednesday, November 1 with “Neutral”. As per Tuesday, March 27, the company rating was upgraded by Wells Fargo. SunTrust maintained BB&T Corporation (NYSE:BBT) rating on Thursday, October 19. SunTrust has “Buy” rating and $52.0 target. Deutsche Bank maintained BB&T Corporation (NYSE:BBT) on Wednesday, August 12 with “Hold” rating. Sandler O’Neill downgraded BB&T Corporation (NYSE:BBT) on Wednesday, June 29 to “Hold” rating. SunTrust maintained the shares of BBT in report on Thursday, August 27 with “Neutral” rating.

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