Large Inflow of Money Witnessed in BB&T Corporation

BB&T Corporation (NYSE:BBT) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.73. The total value of inflow transactions on upticks was $9.5 million, whereas, the total value of outflow trades on downticks was $5.49 million. The total money flow was $4.01 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $3.5 million. The total value of the trades done on upticks was $3.5 million. BB&T Corporation (NYSE:BBT) was trading with a -0.06% change over previous days close. It fell $0.02 during the day and reached $34.1. The stock was -1.22% compared to the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Banner Jennifer S, director of Bb&T Corp, had unloaded 1,545 shares at an average price of $36.26 in a transaction dated on May 27, 2016. The total value of the transaction was worth $56,022. Currently the company Insiders own 0.88% of BB&T Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -34.27% . Institutional Investors own 60.63% of BB&T Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -33.38%.

The company shares have dropped -16.86% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $41.90 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $35.41 and the 200 Day Moving Average price is recorded at $34.45. BB&T Corporation (NYSE:BBT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.25 and $34.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.68, notching a gain of 1.64% for the day. The total traded volume was 6,256,826 . The stock had closed at $34.12 on the previous day.

BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Bank, and other nonbank subsidiaries. BB&Ts operations are divided into six reportable business segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services and Financial Services, and Other, Treasury and Corporate. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals, through 1,839 offices as of December 31, 2014. BB&Ts subsidiaries offer a range of retail and commercial services to retail and commercial clients.

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