Economy

Comerica Incorporated (NYSE:CMA) Trading Up - Short Interest decreased by -10.23%

The institutional investor held 236,588 shares of the finance company at the end of 2017Q2, valued at $52.50 billion, up from 227,666 at the end of the previous reported quarter. The stock decreased 0.40% or $0.26 on September 29, reaching $65.13. About 1.90M shares traded. LEONI AG (ETR:LEO) has declined 0.79% since October 1, 2016 and is downtrending. It has outperformed by 22.53% the S&P500. The value of the total investment in Comerica Incorporated went from $6,807,000 to $6,832,000 a change of 0.4% for the reporting period.

Since June 15, 2017, it had 0 insider buys, and 1 insider sale for $6.91 million activity. It increased, as 22 investors sold CMA shares while 145 reduced holdings. The stock has a market capitalization of $13.41 billion, a P/E ratio of 19.05 and a beta of 1.49. This is an increase from Comerica's previous quarterly dividend of $0.26. Comerica traded as high as $76.29 and last traded at $76.28, with a volume of 493,096 shares traded. Comerica Incorporated (NYSE:CMA) has risen 54.07% since October 1, 2016 and is uptrending. (NASDAQ:CELG) by 33,221 shares to 414,393 shares, valued at $53.82B in 2017Q2, according to the filing. As of the end of the quarter Squarepoint Ops LLC had acquired 92,932 shares growing its stake by 344.1%. The stock was sold at an average price of $69.74, for a total value of $1,464,540.00. Its up 0.06, from 1.02 in 2017Q1. It fall, as 4 investors sold LEONI AG shares while 12 reduced holdings. 99 funds opened positions while 383 raised stakes. EVP Peter William Guilfoile disclosed the sale of 2,928 shares of CMA stock. Toronto Dominion Financial Bank invested 0.09% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Whittier accumulated 0.01% or 1,900 shares. Tci Wealth Advsr holds 0% of its portfolio in Comerica Incorporated (NYSE:CMA) for 127 shares. State Board Of Administration Of Florida Retirement reported 0.34% stake. (NYSE:VTR). Liberty Mutual Gp Asset Mngmt owns 0.06% invested in Ventas, Inc. At Bancorporation owns 5,568 shares or 0.05% of their USA portfolio. 8,400 are owned by Cullinan Assoc. Jump Trading Limited Co accumulated 0% or 116 shares. Lpl Lc reported 39,064 shares stake. The dividend will be $0.300 per share for the quarter or $1.20 annualized. West Oak Cap Limited Liability invested in 246 shares. Continental Advsrs Ltd Liability Co owns 43,050 shares.

Since April 28, 2017, it had 0 insider purchases, and 4 sales for $11.28 million activity. On Thursday, August 10 the stock rating was maintained by Wells Fargo with "Market Perform". The firm has "Buy" rating given on Monday, June 5 by Jefferies. Therefore 80% are positive. The shares were sold at an average price of $69.50, for a total transaction of $203,496.00.

12/15/2016 - Comerica Incorporated had its "buy" rating reiterated by analysts at RBC Capital. Independent Research maintained LEONI AG (ETR:LEO) on Friday, April 29 with "Hold" rating. The stock has "Hold" rating by BMO Capital Markets on Tuesday, July 18. The firm earned "Neutral" rating on Thursday, December 29 by Piper Jaffray. The rating was upgraded by Equinet on Friday, September 16 to "Accumulate".

Investors sentiment decreased to 0.75 in Q2 2017. Its up 0.39, from 0.96 in 2017Q1.

These funds have shifted positions in (CMA). 143.22 million shares or 1.54% less from 145.47 million shares in 2017Q1 were reported. Hodges Capital Mngmt holds 0.03% or 7,000 shares in its portfolio. X Management Com reported 0.01% in Ventas, Inc. Chicago Equity Ltd Com accumulated 36,540 shares. Lakeview Prns Ltd Llc invested in 0.21% or 3,445 shares. Raymond James Associates has invested 0% in Comerica Incorporated (NYSE:CMA). Bp Public Ltd Co has invested 0.06% of its portfolio in Comerica Incorporated (NYSE:CMA). Ameriprise Financial reported 2.15 million shares.

01/10/2017 - Comerica Incorporated was downgraded to "sell" by analysts at Citigroup.

Shares of Comerica (CMA) opened at 76.26 on Friday. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company's stock. Therefore 42% are positive. The stock has a consensus rating of "Hold" and a consensus price target of $76.29. Comerica Inc had 84 analyst reports since July 20, 2015 according to SRatingsIntel. CLSA upgraded the stock to "Outperformer" rating in Monday, March 14 report.

Franklin Resource Inc stated it has 0.01% in Comerica Incorporated (NYSE:CMA). Jefferies has "Buy" rating and $8100 target. As per Friday, September 22, the company rating was maintained by Keefe Bruyette & Woods. The stock of Comerica Incorporated (NYSE:CMA) has "Outperform" rating given on Wednesday, July 20 by FBR Capital. RBC Capital Markets maintained the stock with "Outperform" rating in Wednesday, October 19 report. Nomura increased their price target on Comerica from $71.00 to $74.00 and gave the company a "neutral" rating in a report on Thursday. The company was maintained on Tuesday, July 18 by Stephens.

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