BB&T Corp (BBT): Today's Featured Financial Loser - TheStreet

BB&T

(

BBT

) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 0.4%. By the end of trading, BB&T fell 16 cents (-0.5%) to $29.44 on average volume. Throughout the day, 6.3 million shares of BB&T exchanged hands as compared to its average daily volume of five million shares. The stock ranged in price between $29.36-$29.84 after having opened the day at $29.66 as compared to the previous trading day's close of $29.60. Other company's within the Financial sector that declined today were:

Penson Worldwide

(

PNSN

), down 14.8%,

Central Federal

(

CFBK

), down 13.5%,

Credit Suisse

(

DGAZ

), down 10.9%, and

Colony Bankcorp

(

CBAN

), down 9.1%.

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BB&T Corporation operates as a financial holding company for Branch Banking and Trust Company that provides various banking and trust services for retail and commercial clients. BB&T has a market cap of $21.23 billion and is part of the

banking

industry. The company has a P/E ratio of 14.3, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 20.7% year to date as of the close of trading on Monday. Currently there are nine analysts that rate BB&T a buy, one analyst rates it a sell, and 18 rate it a hold.

TheStreet Ratings rates BB&T as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front,

Plumas Bancorp

(

PLBC

), up 17.2%,

Royal Bancshares of Pennsylvania

(

RBPAA

), up 15.7%,

Southern Community Financial

(

SCMF

), up 14.2%, and

Magyar Bancorp

(

MGYR

), up 13.4%, were all gainers within the financial sector with

American International Group

(

AIG

) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial sector could consider

Proshares Short Financials

(

SEF

).

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