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Union Bankshares Lowered Its Bb&T (BBT) Holding; Choicepoint (CPS)’s Sentiment Is 1.03

Cooper-Standard Holdings Inc. (NYSE:CPS) Logo

Union Bankshares Corp decreased Bb&T Corp (BBT) stake by 6.53% reported in 2018Q1 SEC filing. Union Bankshares Corp sold 6,879 shares as Bb&T Corp (BBT)’s stock declined 1.68%. The Union Bankshares Corp holds 98,517 shares with $5.13 million value, down from 105,396 last quarter. Bb&T Corp now has $40.24B valuation. The stock decreased 0.86% or $0.45 during the last trading session, reaching $51.61. About 4.56 million shares traded or 14.62% up from the average. BB&T Corporation (NYSE:BBT) has risen 28.68% since June 23, 2017 and is uptrending. It has outperformed by 16.11% the S&P500. Some Historical BBT News: 21/03/2018 – BB&T increases prime lending rate; 19/04/2018 – BB&T CORP – QTR-END RISK BASED COMMON EQUITY TIER 1 RATIO 10.2 PCT VS 10.3 PCT REPORTED LAST YEAR; 19/04/2018 – BB&T 1Q Provision for Credit Losses $150M; 13/03/2018 BB&T names Rhodes to lead Greater Delaware Valley region; 25/05/2018 – BB&T CORP: FILES FOR MIXED SECURITIES OFFERING; 19/04/2018 – BB&T 1Q-End Tier 1 Risk-Based Capital 12%, Total Capital 14%; 24/04/2018 – BB&T announces second-quarter dividends; 22/04/2018 – DJ BB&T Corporation, Inst Holders, 1Q 2018 (BBT); 24/04/2018 – BB&T BOOSTS QTR DIV/SHR TO 37.5C FROM 33C, EST. 33C; 29/05/2018 – BB&T Presenting at Deutsche Bank Conference Tomorrow

Choicepoint Inc (CPS) investors sentiment increased to 1.03 in Q1 2018. It’s up 0.22, from 0.81 in 2017Q4. The ratio has increased, as 91 investment professionals started new and increased stock positions, while 88 trimmed and sold stakes in Choicepoint Inc. The investment professionals in our database reported: 17.09 million shares, up from 16.94 million shares in 2017Q4. Also, the number of investment professionals holding Choicepoint Inc in top ten stock positions was flat from 2 to 2 for the same number . Sold All: 14 Reduced: 74 Increased: 59 New Position: 32.

The stock decreased 2.09% or $2.9 during the last trading session, reaching $135.92. About 264,221 shares traded or 134.95% up from the average. Cooper-Standard Holdings Inc. (CPS) has risen 14.49% since June 23, 2017 and is uptrending. It has outperformed by 1.92% the S&P500. Some Historical CPS News: 29/05/2018 – Cooper-Standard Closes Below 50-Day Moving Average: Technicals; 01/05/2018 – Cooper Standard Holdings 1Q Net $57.4M; 01/05/2018 – Cooper Standard Holdings Backs FY Sales $3.55B-$3.6B; 23/04/2018 – Cooper Standard to Host Conference Call on May 2 to Discuss First Quarter 2018 Financial Results; 14/05/2018 – Cooper Standard Expands Product Offerings with LS Mtron Acquisition; 26/03/2018 Cooper-Standard Closes Above 50-Day Moving Average: Technicals; 14/05/2018 – COOPER STANDARD EXPANDS PRODUCT OFFERINGS WITH LS MTRON BUY; 01/05/2018 – COOPER-STANDARD 1Q ADJ EPS $3.45, EST. $2.91; 10/04/2018 – Cooper Standard’s Fortrex™ Material Innovation Wins 2018 Automotive News PACE Award; 13/04/2018 – Cooper Standard Issues 2017 Corporate Responsibility Report

More news for Cooper-Standard Holdings Inc. (NYSE:CPS) were recently published by: Nasdaq.com, which released: “Research Report Identifies Cooper-Standard, Shell Midstream Partners, Lindsay, XO Group, Balchem, and Ares …” on June 22, 2018. Streetinsider.com‘s article titled: “Cooper-standard Holdings (CPS) Approves $150M Buyback” and published on June 20, 2018 is yet another important article.

Analysts await Cooper-Standard Holdings Inc. (NYSE:CPS) to report earnings on August, 2. They expect $3.19 EPS, up 22.69% or $0.59 from last year’s $2.6 per share. CPS’s profit will be $57.64M for 10.65 P/E if the $3.19 EPS becomes a reality. After $3.45 actual EPS reported by Cooper-Standard Holdings Inc. for the previous quarter, Wall Street now forecasts -7.54% negative EPS growth.

Silver Point Capital L.P. holds 10.44% of its portfolio in Cooper-Standard Holdings Inc. for 929,487 shares. Rk Capital Management Llc owns 95,400 shares or 2.54% of their US portfolio. Moreover, Dean Capital Management has 1.98% invested in the company for 32,570 shares. The Pennsylvania-based Rockshelter Capital Management Llc has invested 1.51% in the stock. Ack Asset Management Llc, a New York-based fund reported 40,000 shares.

Cooper-Standard Holdings Inc., through its subsidiary, Cooper-Standard Automotive Inc., designs, makes, and sells sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems worldwide. The company has market cap of $2.46 billion. The firm operates in North America, Europe, the Asia Pacific, and South America divisions. It has a 16.86 P/E ratio. The Company’s sealing systems include dynamic and static seals, encapsulated glasses, stainless steel trims, flush glass systems, variable extrusions, and specialty sealing products.

More notable recent BB&T Corporation (NYSE:BBT) news were published by: Bizjournals.com which released: “How much does CEO Kelly King believe BB&T will change when he is gone?” on June 21, 2018, also Seekingalpha.com with their article: “Bank stocks likely to be more volatile on stress test results: Morgan Stanley” published on June 22, 2018, Prnewswire.com published: “BB&T SCOTT & STRINGFELLOW EXPANDS FORT WORTH OFFICE” on June 22, 2018. More interesting news about BB&T Corporation (NYSE:BBT) were released by: Prnewswire.com and their article: “BB&T Corporation CEO to present at Morgan Stanley Financials Conference” published on June 05, 2018 as well as Seekingalpha.com‘s news article titled: “Auto lenders take on more risk to attract more customers: WSJ” with publication date: June 11, 2018.

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 has $64.0 highest and $35 lowest target. $51.36’s average target is -0.48% below currents $51.61 stock price. BB&T Corp had 112 analyst reports since July 17, 2015 according to SRatingsIntel. RBC Capital Markets maintained BB&T Corporation (NYSE:BBT) on Thursday, October 19 with “Buy” rating. FIG Partners upgraded BB&T Corporation (NYSE:BBT) on Tuesday, May 10 to “Outperform” rating. Robert W. Baird maintained the stock with “Hold” rating in Friday, September 29 report. On Tuesday, January 2 the stock rating was maintained by Robert W. Baird with “Hold”. The firm has “Hold” rating by Macquarie Research given on Friday, August 4. On Monday, May 16 the stock rating was upgraded by SunTrust to “Outperform”. The firm earned “Hold” rating on Thursday, July 20 by BMO Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $50 target in Wednesday, April 5 report. As per Tuesday, August 15, the company rating was maintained by Piper Jaffray. Sandler O’Neill downgraded BB&T Corporation (NYSE:BBT) on Wednesday, June 29 to “Hold” rating.

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.03, from 1.15 in 2017Q4. It dropped, as 36 investors sold BBT shares while 301 reduced holdings. 110 funds opened positions while 268 raised stakes. 481.29 million shares or 0.34% more from 479.66 million shares in 2017Q4 were reported. 34,667 are held by Stadion Money Mngmt Llc. M&T Bankshares Corporation accumulated 265,905 shares or 0.07% of the stock. Security National Tru reported 0.45% in BB&T Corporation (NYSE:BBT). Cleararc Capital holds 0.32% of its portfolio in BB&T Corporation (NYSE:BBT) for 41,122 shares. Benin Management accumulated 13,625 shares. Ibm Retirement Fund holds 0.17% of its portfolio in BB&T Corporation (NYSE:BBT) for 17,385 shares. Franklin Resource Inc has 1.42 million shares for 0.04% of their portfolio. Mason Street Llc reported 0.13% stake. Finemark Bankshares & Tru accumulated 0.01% or 4,007 shares. Legacy Private Tru Co holds 7,480 shares. Peddock Capital Advisors Limited holds 0.03% or 1,014 shares in its portfolio. Barclays Plc accumulated 1.72 million shares. Holderness Investments reported 31,383 shares. American Century Inc holds 0.42% of its portfolio in BB&T Corporation (NYSE:BBT) for 7.86 million shares. Brown Advisory Incorporated reported 51,521 shares or 0.01% of all its holdings.

Union Bankshares Corp increased Leggett & Platt Inc (NYSE:LEG) stake by 7,207 shares to 57,716 valued at $2.56 million in 2018Q1. It also upped Union Bankshares Corp New (NASDAQ:UBSH) stake by 21,764 shares and now owns 97,912 shares. Starbucks Corp (NASDAQ:SBUX) was raised too.

Analysts await BB&T Corporation (NYSE:BBT) to report earnings on July, 19. They expect $1.01 earnings per share, up 29.49% or $0.23 from last year’s $0.78 per share. BBT’s profit will be $787.55 million for 12.77 P/E if the $1.01 EPS becomes a reality. After $0.97 actual earnings per share reported by BB&T Corporation for the previous quarter, Wall Street now forecasts 4.12% EPS growth.

Since January 19, 2018, it had 0 insider purchases, and 17 insider sales for $25.39 million activity. $4.35M worth of BB&T Corporation (NYSE:BBT) was sold by KING KELLY S. 2,817 shares valued at $151,504 were sold by Powell Cynthia B on Wednesday, April 25. 74,847 shares valued at $4.01 million were sold by Bible Daryl N. on Wednesday, April 25. $3.66M worth of BB&T Corporation (NYSE:BBT) was sold by DUCK BARBARA F on Wednesday, April 25. $882,345 worth of BB&T Corporation (NYSE:BBT) was sold by Yates William Rufus. Bradley W Bennett also sold $306,847 worth of BB&T Corporation (NYSE:BBT) on Friday, May 18. Goodrich Donna C had sold 44,960 shares worth $2.41 million on Wednesday, April 25.

Cooper-Standard Holdings Inc. (NYSE:CPS) Institutional Positions Chart

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