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

BB&T Corporation (BBT) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $46.13 with a loss of -0.07 points or -0.14%. The net money flow was $4.1 million and the up/down ratio was 1.3. Approximately $17.79 million was the inflow in upticks and $13.69 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -1.8%.The shares witnessed a block transaction with a net money flow of $5.46 million. The total money in uptick was $6.52 million and in downtick was $1.07 million with the up/down ratio reaching 6.12.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

BB&T Corporation has lost 2.19% in the last five trading days and dropped 2.28% in the last 4 weeks. BB&T Corporation is up 18.12% in the last 3-month period. Year-to-Date the stock performance stands at -2.28%. BB&T Corporation (NYSE:BBT) witnessed a decline in the market cap on Wednesday as its shares dropped 0.52% or 0.24 points. After the session commenced at $46.55, the stock reached the higher end at $46.88 while it hit a low of $45.85. With the volume soaring to 5,641,266 shares, the last trade was called at $45.95. The company has a 52-week high of $47.85. The company has a market cap of $37,195 million and there are 809,475,000 shares in outstanding. The 52-week low of the share price is $29.95.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Cynthia B Powell (Corp. Controller, Exec VP) sold 13,465 shares at 47.19 per share price.On Jan 27, 2017, Brantley J Standridge (Sr. Exec. Vice President) sold 25,626 shares at 46.59 per share price.On Jan 26, 2017, David Hudson Weaver (Sr. Executive Vice President) sold 14,657 shares at 46.21 per share price.

BB&T Corporation Last issued its quarterly earnings results on Jan 19, 2017. The company reported $0.73 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.74. The company had revenue of $2768.00 million for the quarter, compared to analysts expectations of $2799.80 million. The companys revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.BB&T Corporation was Reiterated by FBR & Co. on Jan 19, 2017 to Mkt Perform, Lowers Price Target to $ 49 from a previous price target of $50 .BB&T Corporation was Initiated by UBS on Jan 11, 2017 to Neutral, Price Target of the shares are set at $49.BB&T Corporation was Upgraded by Piper Jaffray to Neutral on Jan 9, 2017. Company shares were Reiterated by Barclays on Jan 3, 2017 to Equal Weight, Raises Price Target to $ 51 from a previous price target of $40 .BB&T Corporation was Downgraded by Morgan Stanley to Underweight on Nov 14, 2016.

BB&T Corporation is a multi-bank holding company. The company offers full-service commercial and retail banking and additional financial services such as insurance, corporate finance, international banking, leasing and trust. BB&T conducts its operations in North Carolina, South Carolina, Virginia, Maryland, Georgia, West Virginia, Kentucky and the metropolitan Washington, D.C. area.

BB&T

Share this post

Leave a Reply