Large Outflow of Money Witnessed in BB&T Corporation

BB&T Corporation (NYSE:BBT) traded higher in the last at $35.93, gaining 0.01 points or 0.03%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1.68) million. The composite uptick value of $16.72 million was eclipsed by the accrued downtick value of $18.4 million, thereby ensuring the up/down ratio of 0.91. For the week, the shares have posted returns of -1.21%.A block trade registered during the day has revealed $3.59 million in upticks and $4.74 million in downticks. The up/down ratio in this case turned out to be 0.76. The net money flow for the block trade was $(-1.15) million.


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 -33.38% . 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%. On the companys insider trading activities, Banner Jennifer S, director of Bb&T Corp, unloaded 1,545 shares at an average price of $36.26 on May 27, 2016. The total amount of the transaction was worth $56,022, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

BB&T Corporation (NYSE:BBT) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.15 points or 0.42% at $35.77 with 4,263,793 shares getting traded. Post opening the session at $35.77, the shares hit an intraday low of $35.68 and an intraday high of $36.345 and the price was in this range throughout the day. The company has a market cap of $27,986 million and the number of outstanding shares have been calculated to be 782,379,000 shares. The 52-week high of BB&T Corporation (NYSE:BBT) is $41.9 and the 52-week low is $29.95.

Many analysts have stated their opinion on the company shares. Equity Analysts at the SunTrust Robinson Humphrey upgrades the rating on BB&T Corporation (NYSE:BBT). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on May 16, 2016.

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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