Economy

Cullen Frost Bankers Incorporated (NYSE:CFR) Sellers Covered 0.29% of Their Shorts

Barclays Capital maintained Cullen/Frost Bankers, Inc. It has underperformed by 20.83% the S&P500. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the stock. The stock was sold at an average price of $99.65, for a total value of $1,195,800.00. CullenFrost had 66 analyst reports since July 30, 2015 according to SRatingsIntel. On average, equities analysts forecast that Cullen/Frost Bankers, Inc. will post $5.30 earnings per share for the current year. (NYSE:CFR) earned "Buy" rating by Suntrust Robinson on Monday, December 19. The stock has "Buy" rating by Argus Research on Tuesday, April 11.

Cullen/Frost Bankers, Inc is a financial holding company and a bank holding company. The stock has an average rating of "Hold" and an average target price of $101.73. As per Thursday, January 5, the company rating was upgraded by JP Morgan. The rating was maintained by RBC Capital Markets with "Sector Perform" on Thursday, January 28. The rating was maintained by Jefferies on Friday, September 15 with "Hold". As per Friday, October 7, the company rating was initiated by Wedbush. It also reduced Gap Inc (NYSE:GPS) stake by 35,180 shares and now owns 57,670 shares. (NYSE:CFR) for 237,735 shares. On Thursday, October 27 the stock rating was maintained by RBC Capital Markets with "Sector Perform".

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale clients in SC. It has a 12.4 P/E ratio. It increased, as 53 investors sold SCANA Corporation shares while 128 reduced holdings. 106 funds opened positions while 696 raised stakes.

Amer Century Cos invested in 0.01% or 115,639 shares. Polaris Greystone Grp stated it has 4,243 shares. Fayez Sarofim & stated it has 2,669 shares. Crawford Investment Counsel holds 349,360 shares. Carroll Fincl Associates Incorporated invested 0.14% of its portfolio in SCANA Corporation (NYSE:SCG). Thrivent For Lutherans accumulated 89,243 shares. (NYSE:CFR). Profund Advisors Limited Liability Corp invested in 0.03% or 7,403 shares. Aperio Group Ltd, a California-based fund reported 26,806 shares. 1,000 were accumulated by Hussman Strategic Advsrs. Insight 2811 holds 0.63% in AT&T Inc.

Among 10 analysts covering SCANA (NYSE:SCG), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 34% are positive. The rating was upgraded by Independent Research to "Hold" on Tuesday, October 25. Drexel Hamilton downgraded the shares of T in report on Monday, October 24 to "Hold" rating. (NYSE:CFR) rating on Thursday, July 27. On Friday, September 29 the stock rating was downgraded by Williams Capital Group to "Sell". The stock has "Neutral" rating by Sterne Agee CRT on Thursday, August 20. The stock now has an average rating of "Hold" and a consensus target price of $101.73. The firm earned "Underweight" rating on Wednesday, January 13 by Barclays Capital. Barclays Capital has "Overweight" rating and $45 target. Cullen/Frost Bankers had a return on equity of 11.64% and a net margin of 28.86%.

CFR has been the subject of a number of recent analyst reports. They expect $1.39 EPS, up 8.59% or $0.11 from last year's $1.28 per share. The bank reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06.

Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.17, from 1.31 in 2017Q2.

In other Cullen/Frost Bankers news, insider Bobby Berman sold 41,760 shares of the firm's stock in a transaction that occurred on Friday, October 27th. 32 funds opened positions while 100 raised stakes.

Cullen/Frost Bankers, Inc. has a 12-month low of $81.09 and a 12-month high of $103.37.

News articles about Cullen/Frost Bankers (NYSE:CFR) have trended somewhat negative recently, Accern Sentiment Analysis reports. Proshare Advisors Ltd Limited Liability Company, a Maryland-based fund reported 109,057 shares. Wedge Mgmt L L P Nc holds 1.09% or 1.23M shares in its portfolio. Leavell Invest Mngmt Inc invested in 4,000 shares. Hsbc Hldg Pcl holds 0% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Oppenheimer And Company Incorporated has 0.05% invested in Cullen/Frost Bankers, Inc. (NYSE:CFR) for 33,106 shares. Vanguard Group Inc. lifted its holdings in Cullen/Frost Bankers by 1.9% in the 2nd quarter. (NYSE:CFR). Liberty Mutual Asset Mngmt accumulated 14,887 shares or 0.08% of the stock. Somerset Trust Comm holds 0.35% in Cullen/Frost Bankers, Inc. (NYSE:CFR). 17,803 are owned by Tiverton Asset Ltd Com. The short interest to Cullen Frost Bankers Incorporated's float is 5.83%. Following the completion of the transaction, the insider now owns 9,145 shares in the company, valued at $868,683.55. BlackRock Inc. lifted its holdings in Cullen/Frost Bankers by 3.9% during the 2nd quarter.

The stock decreased 0.56% or $0.54 during the last trading session, reaching $96.45. The company had a trading volume of 232,239 shares, compared to its average volume of 449,670. Coldstream Capital Mgmt holds 8,549 shares or 0.09% of its portfolio. It has outperformed by 28.15% the S&P500. The Banking segment includes both commercial and consumer banking services, and Frost Insurance Agency. The firm has a market cap of $6,100.00, a price-to-earnings ratio of 18.48, a PEG ratio of 1.89 and a beta of 1.33. It has a 23.36 P/E ratio. It provides commercial banking services to firms and other business clients, including financing for industrial and commercial properties, interim construction, equipment, inventories and accounts receivable, and acquisition financing; commercial leasing; and treasury management services.

Since October 27, 2017, it had 0 insider purchases, and 2 selling transactions for $4.86 million activity. The stock of Cullen/Frost Bankers, Inc.



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