Shares of BB&T Corporation (BBT) Sees Large Inflow of Net Money Flow

BB&T Corporation (BBT) : Fridays money flow data in BB&T Corporation (BBT) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $27.99 million, whereas, $14.61 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.92, in favor of the bulls. The total money flow into the stock was $13.38 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $12.3 million. The total value of block trades done on upticks was $12.3 million. BB&T Corporation (BBT) fell $0.18 and traded at $38.32, down -0.47% for the day, over previous days close. On a weekly basis, the shares are 0.87% over the previous weeks close.


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 -22.23% . Institutional Investors own 63.15% of BB&T Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -31.26%.

In a related news, The director, of Bb&T Corp, Henry I. Patricia had unloaded 1,000 shares at $38.13 per share in a transaction on September 1, 2016. The total value of transaction was $38,130. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

BB&T Corporation (NYSE:BBT): The stock opened at $38.17 and touched an intraday high of $38.545 on Friday. During the day, the stock corrected to an intraday low of $38.17, however, the bulls stepped in and pushed the price higher to close in the green at $38.49 with a gain of 0.44% for the day. The total traded volume for the day was 3,003,180. The stock had closed at $38.32 in the previous trading session.

BB&T Corporation (BBT) : Traders are bullish on BB&T Corporation (BBT) as it has outperformed the S&P 500 by a wide margin of 1.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.81%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.32% in the last 1 week, and is up 1.13% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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