Large Inflow of Money Detected in BB&T Corporation

BB&T Corporation (BBT) : The money flow analysis of BB&T Corporation (BBT) indicates a $23.65 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $35.08 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.48 and so was the total money flow at $11.43 million. A solid up-down ratio of 29.39 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $14.24 million worth of block trades on upticks. Only $0.48 million worth of the stock exchanged hands on downticks. The money flow was $13.75 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of BB&T Corporation (BBT), pushing it down by -0.49% for the day. The stock slid $0.18 and traded at $36.44 during the day. Nonetheless, the stock is -0.9% over the previous weeks close.


Also, In a research note released to the investors, Baird downgrades its rating on BB&T Corporation (NYSE:BBT).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on July 11, 2016.

BB&T Corporation (NYSE:BBT): The stock opened at $36.84 on Wednesday but the bulls could not build on the opening and the stock topped out at $36.87 for the day. The stock traded down to $36.42 during the day, due to lack of any buying support eventually closed down at $36.44 with a loss of -0.49% for the day. The stock had closed at $36.62 on the previous day. The total traded volume was 5,104,243 shares.

The stock has recorded a 20-day Moving Average of 2.81% and the 50-Day Moving Average is 2.89%. In a related news, 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 (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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