BB&T Corp Sells 2461 Shares of Smith & Nephew SNATS, Inc. (SNN)

Postado Agosto 13, 2017

Northwestern Mutual Wealth Management Co. now owns 3,408 shares of the medical equipment provider's stock valued at $106,000 after buying an additional 17 shares during the period.

Shares of Smith & Nephew plc (LON SN) opened at 1325.00 on Tuesday. The company's 50-day moving average is 1,327.14GBX and its 200-day moving average is 1,279.08GBX. Smith & Nephew plc has a 52-week low of GBX 1,064.91 and a 52-week high of GBX 1,387.89. The legal version of this news story can be viewed at https://www.chaffeybreeze.com/2017/08/12/bbt-corp-cuts-position-in-smith-nephew-snats-inc-snn-updated-updated.html.

A number of research analysts have commented on SNN shares. (NYSE:SNN) was upgraded by investment analysts at BidaskClub from a "hold" rating to a "buy" rating in a research note issued on Tuesday, August 1st. HSBC Holdings plc reaffirmed a hold rating and issued a GBX 1,320 ($17.41) price objective on shares of Smith & Nephew plc in a research note on Wednesday, April 26th. Finally, World Asset Management Inc increased its stake in shares of Smith & Nephew SNATS by 1.0% in the first quarter. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock.

Citigroup Inc. reaffirmed their sell rating on shares of Smith & Nephew plc (LON:SN) in a research note issued to investors on Monday, July 10th.

Smith Nephew PLC has a 52 week low of 1,064.91GBX and a 52 week high of 1,390.00GBX with a P/E ratio of 13.62 The company's market cap is now 0 GBX. The stock presently has an average rating of "Buy" and a consensus target price of $38.00. The firm's market cap is GBX 11.71 billion. If you are accessing this report on another website, it was illegally copied and republished in violation of USA & global copyright & trademark legislation. Rock Point Advisors Llc owns 1.00 million shares or 3.41% of their USA portfolio.

Media headlines about Smith & Nephew SNATS (NYSE:SNN) have been trending somewhat positive recently, according to Accern. World Asset Management Inc now owns 27,656 shares of the medical equipment provider's stock valued at $855,000 after buying an additional 285 shares in the last quarter. BB&T Corp now owns 79,804 shares of the medical equipment provider's stock valued at $2,468,000 after buying an additional 3,299 shares during the last quarter.

Several hedge funds have recently added to or reduced their stakes in the company.

Shares of Smith & Nephew SNATS (NYSE SNN) traded down 1.93% during trading on Thursday, hitting $34.99. The Company is engaged in developing, manufacturing, marketing and selling medical devices and services.