Universal Beteiligungs und Servicegesellschaft mbH Acquires New Position in Beacon Financial Corporation $BBT

Key Points

• Universal Beteiligungs bought 40,577 shares (~$1.07M) in the fourth quarter and several other institutions also added positions, leaving about 83.07% of BBT owned by hedge funds and institutional investors.
• Beacon missed Q1 estimates (reported EPS $0.70 vs. $0.83 consensus), but the board authorized a $50 million share repurchase (~1.9% of outstanding shares) and declared a quarterly dividend of $0.3225 (annualized ~4.5%).
• Insider Michael W. Mccurdy sold 17,333 shares (reducing his stake by 40.41%; insiders own 1.09% total), while analyst coverage is mixed with an average rating of "Hold" and an average target price of $31.75.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Beacon Financial Corporation (NYSE:BBT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 40,577 shares of the company's stock, valued at approximately $1,070,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Hennessy Advisors Inc. acquired a new position in Beacon Financial in the 4th quarter worth approximately $1,714,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Beacon Financial during the 4th quarter worth approximately $517,000. Strategic Value Bank Partners LLC purchased a new position in Beacon Financial during the 4th quarter worth approximately $16,448,000. Plimoth Trust Co. LLC purchased a new position in Beacon Financial during the 4th quarter worth approximately $201,000. Finally, Slocum Gordon & Co LLP purchased a new position in Beacon Financial during the 4th quarter worth approximately $256,000. 83.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Beacon Financial

In related news, insider Michael W. Mccurdy sold 17,333 shares of the company's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $31.04, for a total value of $538,016.32. Following the completion of the transaction, the insider owned 25,555 shares of the company's stock, valued at approximately $793,227.20. This represents a 40.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.09% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on BBT. Zacks Research raised shares of Beacon Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, February 2nd. Weiss Ratings raised shares of Beacon Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, March 18th. Piper Sandler began coverage on shares of Beacon Financial in a research report on Monday, March 16th. They set an "overweight" rating and a $33.00 price target for the company. Hovde Group reissued a "market perform" rating and set a $30.00 price target (down from $33.00) on shares of Beacon Financial in a research report on Friday. Finally, Royal Bank Of Canada reduced their price target on shares of Beacon Financial from $33.00 to $31.00 and set a "sector perform" rating for the company in a research report on Friday. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Beacon Financial presently has an average rating of "Hold" and an average target price of $31.75.

Beacon Financial Price Performance

NYSE:BBT opened at $28.67 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.01 and a quick ratio of 1.00. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 23.70 and a beta of 0.55. The company has a 50 day moving average price of $30.33 and a 200-day moving average price of $28.03. Beacon Financial Corporation has a 1-year low of $22.81 and a 1-year high of $32.83.

Beacon Financial (NYSE:BBT - Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.13). The firm had revenue of $214.72 million for the quarter. Beacon Financial had a net margin of 6.97% and a return on equity of 9.02%. Equities research analysts forecast that Beacon Financial Corporation will post 3.51 EPS for the current year.

Beacon Financial declared that its Board of Directors has initiated a share repurchase plan on Wednesday, April 29th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the company to buy up to 1.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Beacon Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.3225 per share. The ex-dividend date is Friday, May 15th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 4.5%. Beacon Financial's dividend payout ratio (DPR) is 106.61%.

Beacon Financial News Summary

Here are the key news stories impacting Beacon Financial this week:

• Positive Sentiment: Board authorized a $50 million share repurchase program (about 1.9% of shares outstanding), signaling management thinks the stock is undervalued and returning capital to shareholders. This is a direct support to the share price and EPS over time. Beacon Financial Corporation Announces First Quarter Results
• Positive Sentiment: Quarterly dividend declared: $0.3225 per share (annualized yield ~4.5%), with record date May 15 and payment May 29 — supports income-focused investors and makes the stock more attractive to dividend buyers. Beacon Financial Corporation Announces First Quarter Results
• Positive Sentiment: Company emphasized capital return plans and operating earnings in its Q1 release, highlighting operating EPS of $0.70 and management’s intent to return capital — supportive for medium-term shareholder value. Beacon Financial Highlights Q1 2026 Results, Capital Return Plans
• Neutral Sentiment: Q1 earnings and investor call transcripts published — useful for digging into loan trends, margin drivers, and costs tied to recent merger activity and core system conversion. These provide context but won’t move price by themselves. Beacon Financial BBT Q1 2026 Earnings Transcript
• Neutral Sentiment: Full earnings call transcript available for deeper color on expense timing and merger-related items; useful for investors deciding if the miss is transitory. Beacon Financial Corporation (BBT) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst coverage remains mixed: Hovde reaffirmed market perform but trimmed its target to $30 (slightly below some peers); a sign analysts see limited near-term upside. Hovde Group Note
• Negative Sentiment: Q1 results missed estimates: reported EPS of $0.70 (operating EPS 0.70, GAAP $0.55) vs. consensus $0.83, and revenue/metrics lagged — a primary reason for downward pressure on the stock. Management cited near-term pressures and costs tied to merger integration and a core system conversion. Beacon Financial (BBT) Lags Q1 Earnings and Revenue Estimates
• Negative Sentiment: Multiple firms trimmed price targets: RBC cut its target to $31 and set sector perform (reduced upside), and Keefe Bruyette & Woods lowered its target to $33 though kept an outperform rating — analyst downgrades and lower targets weigh on near-term sentiment. Analyst Price Target Notes

Beacon Financial Profile

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp.

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