Phocas Financial Increased Its Stake in Quanta Services (PWR) by $3.66 Million; As Bb&T (BBT) Share Price Rose, United Asset Strategies Raised by $2.76 Million Its Position

Quanta Services, Inc. (NYSE:PWR) Logo

United Asset Strategies Inc increased its stake in Bb&T Corp (BBT) by 276.97% based on its latest 2018Q4 regulatory filing with the SEC. United Asset Strategies Inc bought 64,291 shares as the company’s stock rose 1.77% with the market. The institutional investor held 87,503 shares of the major banks company at the end of 2018Q4, valued at $3.79M, up from 23,212 at the end of the previous reported quarter. United Asset Strategies Inc who had been investing in Bb&T Corp for a number of months, seems to be bullish on the $37.08 billion market cap company. The stock increased 0.35% or $0.17 during the last trading session, reaching $48.54. About 3.53 million shares traded. BB&T Corporation (NYSE:BBT) has declined 3.74% since April 9, 2018 and is downtrending. It has underperformed by 8.11% the S&P500. Some Historical BBT News: 19/04/2018 – BB&T CORP – SEES FY 2018 REV UP 2 PCT – 4 PCT VS 2017; 25/05/2018 – BB&T CORP SAYS CO MAY FROM TIME TO TIME OFFER SENIOR MEDIUM-TERM NOTES, SERIES G, AND SUBORDINATED MEDIUM-TERM NOTES, SERIES H – SEC FILING; 19/04/2018 – BB&T 1Q Noninterest Income $1.18B; 21/03/2018 – BB&T Increases Prime Lending Rate to 4.75%; 06/04/2018 – REGIONS FINANCIAL – TO SELL ITS REGIONS INSURANCE GROUP INC SUBSIDIARY TO BB&T INSURANCE HOLDINGS; 25/05/2018 – BB&T CORP: FILES FOR MIXED SECURITIES OFFERING; 19/04/2018 – BB&T CORP QTRLY AVERAGE LOANS AND LEASES HELD FOR INVESTMENT WERE $142.9 BLN, UP $194 MLN; 19/04/2018 – BB&T 1Q Net Interest Margin 3.44%; 24/05/2018 – BB&T Presenting at Deutsche Bank Conference May 30; 06/04/2018 – Regions to Sell Insurance Group to BB&T Insurance Subsidiary

Phocas Financial Corp increased its stake in Quanta Services Inc. (PWR) by 74.12% based on its latest 2018Q4 regulatory filing with the SEC. Phocas Financial Corp bought 122,096 shares as the company’s stock rose 3.49% with the market. The institutional investor held 286,829 shares of the capital goods company at the end of 2018Q4, valued at $8.63 million, up from 164,733 at the end of the previous reported quarter. Phocas Financial Corp who had been investing in Quanta Services Inc. for a number of months, seems to be bullish on the $5.65B market cap company. The stock increased 1.16% or $0.46 during the last trading session, reaching $39.97. About 1.98M shares traded or 35.80% up from the average. Quanta Services, Inc. (NYSE:PWR) has risen 6.08% since April 9, 2018 and is uptrending. It has outperformed by 1.71% the S&P500. Some Historical PWR News: 03/05/2018 – QUANTA SERVICES INC PWR.N SEES FY 2018 ADJUSTED NON-GAAP SHR $2.55 TO $2.95; 30/03/2018 – TAIPEI — Earnings at Taiwan’s contract electronics manufacturers are sinking under the weight of surging costs, production problems with the iPhone, and trade tensions between the U.S. and mainland China; 29/05/2018 – Quanta Services Presenting at KeyCorp Conference Tomorrow; 18/04/2018 – Quanta Services Closes Below 50-Day Moving Average: Technicals; 10/05/2018 – Quanta Computer April Sales Rise 0.1% Y/y (Table); 03/05/2018 – Quanta Services Sees 2018 Adjusted Ebitda $815.4M-$917M; 03/05/2018 – Quanta Services 1Q EPS 24c; 03/05/2018 – Quanta Services 1Q Net $37.6M; 03/05/2018 – Quanta Services 1Q Adj EPS 40c; 30/03/2018 – Taiwan’s electronics makers face triple threat

Phocas Financial Corp, which manages about $1.01 billion and $896.48 million US Long portfolio, decreased its stake in Hudson Pacific Properties Inc. (NYSE:HPP) by 364,621 shares to 37,890 shares, valued at $1.10 million in 2018Q4, according to the filing. It also reduced its holding in Kadant Inc (NYSE:KAI) by 7,221 shares in the quarter, leaving it with 143,863 shares, and cut its stake in Sl Green Realty (NYSE:SLG).

More news for Quanta Services, Inc. (NYSE:PWR) were recently published by: Nasdaq.com, which released: “3 Top Infrastructure Stocks to Watch in March – Nasdaq” on March 19, 2019. Seekingalpha.com‘s article titled: “Quanta Services Q4 2018 Earnings Preview – Seeking Alpha” and published on February 20, 2019 is yet another important article.

Investors sentiment decreased to 1.02 in 2018 Q4. Its down 0.03, from 1.05 in 2018Q3. It turned negative, as 50 investors sold BBT shares while 297 reduced holdings. 101 funds opened positions while 254 raised stakes. 479.70 million shares or 0.56% more from 477.03 million shares in 2018Q3 were reported. Winslow Evans And Crocker, Massachusetts-based fund reported 276 shares. Montgomery Inv Management Inc invested in 545,009 shares. Cidel Asset Mgmt Inc owns 7,177 shares for 0.02% of their portfolio. Guyasuta Invest holds 6,389 shares. Benjamin F Edwards holds 12,440 shares or 0.06% of its portfolio. Vigilant Management Limited Liability Corporation holds 0% or 378 shares. Reliance Trust Communication Of Delaware holds 0.09% in BB&T Corporation (NYSE:BBT) or 11,658 shares. Amp Cap Investors Limited reported 0.07% of its portfolio in BB&T Corporation (NYSE:BBT). British Columbia Management Corp invested 0.13% of its portfolio in BB&T Corporation (NYSE:BBT). Moreover, Strategic Advsr Limited Liability Corporation has 0.69% invested in BB&T Corporation (NYSE:BBT). King Luther Capital Mngmt has 0% invested in BB&T Corporation (NYSE:BBT) for 6,272 shares. Robeco Institutional Asset Mngmt Bv accumulated 0.04% or 196,113 shares. Manufacturers Life Ins The has 2.80M shares for 0.15% of their portfolio. Ohio-based Lenox Wealth has invested 0% in BB&T Corporation (NYSE:BBT). Moors Cabot Inc reported 0.38% in BB&T Corporation (NYSE:BBT).

More notable recent BB&T Corporation (NYSE:BBT) news were published by: Bizjournals.com which released: “Markets respond in favor of BB&T-SunTrust merger – Charlotte Business Journal” on February 12, 2019, also with their article: “Barron’s Picks And Pans: BB&T (NYSE:BBT), Best Buy (NYSE:BBY), Boeing (NYSE:BA) And More – Benzinga” published on February 10, 2019, Bizjournals.com published: “(SLIDESHOW) Timeline of BB&T/SunTrust deal: It all started back in August – Triad Business Journal” on March 11, 2019. More interesting news about BB&T Corporation (NYSE:BBT) were released by: Seekingalpha.com and their article: “BB&T -1.3% as Q4 revenue misses estimate – Seeking Alpha” published on January 17, 2019 as well as Investorplace.com‘s news article titled: “15 Stocks to Buy Leading the Financial Charge – Investorplace.com” with publication date: April 01, 2019.

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

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