Stock Short Interest Filing: Cullen Frost Bankers Incorporated (NYSE:CFR) Just Reported Increased Shorts

November 29, 2016 - By Adrian Mccoy   ·   0 Comments

Stock Short Interest Filing: Cullen Frost Bankers Incorporated (NYSE:CFR) Just Reported Increased Shorts

The stock of Cullen Frost Bankers Incorporated (NYSE:CFR) registered an increase of 1.04% in short interest. CFR’s total short interest was 7.19 million shares in November as published by FINRA. Its up 1.04% from 7.12M shares, reported previously. With 600,800 shares average volume, it will take short sellers 12 days to cover their CFR’s short positions. The short interest to Cullen Frost Bankers Incorporated’s float is 13.47%. Cullen Frost Bankers, Inc. (NYSE:CFR) has risen 29.66% since April 26, 2016 and is uptrending. It has outperformed by 24.40% the S&P500.

Cullen/Frost Bankers, Inc. is a financial holding and bank holding company. The company has a market cap of $4.96 billion. The Company, through its subsidiaries, offers commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. It has a 18.86 P/E ratio. It serves various industries, such as energy, manufacturing, services, construction and retail.

Insitutional Activity: The institutional sentiment increased to 1.3 in 2016 Q2. Its up 0.32, from 0.98 in 2016Q1. The ratio increased, as 28 funds sold all Cullen Frost Bankers, Inc. shares owned while 90 reduced positions. 25 funds bought stakes while 91 increased positions. They now own 52.07 million shares or 4.27% less from 54.39 million shares in 2016Q1.
Dimensional Fund Advsrs Ltd Partnership last reported 462,510 shares in the company. Nomura Asset Limited has 0% invested in the company for 1,250 shares. Jcsd Capital Limited Company has 3.5% invested in the company for 50,000 shares. Boston Private Wealth Llc has 3,526 shares for 0.01% of their US portfolio. Profund Advsr Llc holds 0.03% or 11,124 shares in its portfolio. Commerce Retail Bank has 0.05% invested in the company for 46,323 shares. Lathrop Investment Management has 3.23% invested in the company for 162,902 shares. Dreman Value L L C, a Florida-based fund reported 3,743 shares. Villere St Denis J Ltd has 0.26% invested in the company for 68,175 shares. Jpmorgan Chase And Communication holds 1.98 million shares or 0.03% of its portfolio. State Street holds 0.04% of its portfolio in Cullen Frost Bankers, Inc. (NYSE:CFR) for 6.51 million shares. Manufacturers Life Insurance Company The accumulated 651,090 shares or 0.06% of the stock. Deutsche Bank Ag last reported 0% of its portfolio in the stock. Charter Trust Communications has 14,454 shares for 0.11% of their US portfolio. Massmutual Trust Fsb Adv reported 522 shares or 0% of all its holdings.

Insider Transactions: Since June 6, 2016, the stock had 0 insider buys, and 20 selling transactions for $48.44 million net activity. 10,200 shares with value of $746,148 were sold by Wood Jack A on Friday, September 2. $314,460 worth of Cullen Frost Bankers, Inc. (NYSE:CFR) shares were sold by Wolfshohl Candace K. Another trade for 3,476 shares valued at $233,831 was made by Olivier Paul on Monday, June 6. Berman Bobby sold $631,350 worth of stock or 9,000 shares. $711,165 worth of Cullen Frost Bankers, Inc. (NYSE:CFR) shares were sold by FROST PATRICK B. Bracher Paul sold $976,690 worth of Cullen Frost Bankers, Inc. (NYSE:CFR) on Friday, October 28. 25,500 shares with value of $1.77 million were sold by Kardys Richard on Thursday, July 28.

Cullen Frost Bankers, Inc. (NYSE:CFR) Ratings Coverage

Out of 9 analysts covering CullenFrost (NYSE:CFR), 0 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 0 are positive. CullenFrost has been the topic of 30 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Macquarie Research maintained Cullen Frost Bankers, Inc. (NYSE:CFR) on Thursday, January 21 with “Underperform” rating. Macquarie Research downgraded the shares of CFR in a report on Wednesday, January 13 to “Underperform” rating. Barclays Capital downgraded Cullen Frost Bankers, Inc. (NYSE:CFR) on Wednesday, January 13 to “Underweight” rating. Wedbush downgraded it to “Underperform” rating and $78 target price in Thursday, November 17 report. The firm has “Sector Perform” rating given on Thursday, October 27 by RBC Capital Markets. The stock of Cullen Frost Bankers, Inc. (NYSE:CFR) earned “Sector Perform” rating by RBC Capital Markets on Thursday, July 30. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, January 28 report. Macquarie Research upgraded the shares of CFR in a report on Thursday, October 27 to “Neutral” rating. The stock of Cullen Frost Bankers, Inc. (NYSE:CFR) has “Sell” rating given on Friday, September 11 by Evercore. On Thursday, June 9 the stock rating was upgraded by Evercore to “Hold”.

CFR Company Profile

Cullen/Frost Bankers, Inc., incorporated on January 25, 1966, is a financial holding and bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. The Firm operates through two divisions: Banking and Frost Wealth Advisors. It serves various industries, which include energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation. The Company’s Banking segment includes both commercial and consumer banking services, Frost Insurance Agency and Frost Securities. The Banking segment offers commercial banking services, including lending and cash management products to firms and other business clients. The Banking segment’s commercial banking services also include direct lending and depository services. Frost Insurance Agency provides insurance brokerage services to individuals and businesses covering corporate and personal property, and casualty products. Frost Insurance Agency also offers group health and life insurance products, and human resources consulting services. The Company’s Frost Wealth Advisors segment includes fee services within private trust, retirement services and financial management services, including personal wealth management and securities brokerage services.

More news for Cullen Frost Bankers, Inc. (NYSE:CFR) were recently published by: Nasdaq.com, which released: “Cullen/Frost Bankers, Inc. (CFR) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016. Bizjournals.com‘s article titled: “A glimpse inside Frost Bank’s Dodd-Frank Act stress test results for 2016” and published on November 14, 2016 is yet another important article.

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By Adrian Mccoy


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