Cullen/Frost Bankers (CFR) Board Declares Stock Buyback Program

Lloyd Doyle
October 28, 2017

Therefore 83% are positive.

A number of equities research analysts have weighed in on CFR shares. The company was maintained on Friday, August 25 by BMO Capital Markets. Keefe Bruyette & Woods has "Hold" rating and $95.0 target. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with "Buy". The rating was maintained by Barclays Capital on Monday, August 7 with "Equal-Weight". The company was maintained on Friday, July 28 by Susquehanna. The company was downgraded on Thursday, November 17 by Wedbush. On Friday, August 5 the stock rating was maintained by Citigroup with "Neutral". Cullen/Frost Bankers, Inc. (NYSE:CFR) current has a Beta score of 1.35.

Boasting a price of $100.47, Cullen Frost (NYSE:CFR) traded 0.89% higher on the day. This indicates more upside for the $6.41B company. The stock had a trading volume of 126,448 shares.

Over the a year ago, Cullen/Frost Bankers, Inc. It has outperformed by 28.15% the S&P500.

The company recorded a fall in short interest of -2.40% between September 15, 2017 and September 29, 2017. Sei Invs stated it has 0.03% of its portfolio in Cullen Frost Bankers, Inc. 22,081 shares valued at $2.00M were bought by WESTON GRAHAM M on Monday, May 15.


Cullen/Frost Bankers, Inc., launched on January 25, 1966, is a financial holding company and a bank holding company. The Company, through its subsidiaries, provides a range of products and services throughout Texas markets. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. The Company's segments include Banking, Frost Wealth Advisors and Non-Banks. Its up 0.22, from 1.09 in 2017Q1. The dividend payment was $0.570 per share for the quarter or $2.28 annualized.

These funds have shifted positions in (CFR). Franklin Resource holds 7,446 shares. Riggs Asset Managment invested 0.01% in Cullen Frost Bankers, Inc. (NYSE:CFR). Neville Rodie Shaw reported 45,074 shares stake. Employees Retirement Association Of Colorado accumulated 1,791 shares or 0% of the stock. American Group Inc has invested 0.02% in Ball Corporation (NYSE:BLL). (NYSE:CFR). Swift Run Mgmt Limited Liability has 12,364 shares for 0.67% of their portfolio.

A total of 14 analysts have released a research note on CFR. zero analysts rating the company a strong buy, one analyst rating the company a buy, twelve analysts rating the company a hold, four analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $62.93. Therefore 18% are positive. Cullen/Frost Bankers has a 1-year low of $72.96 and a 1-year high of $103.37. The company now has an average rating of "Hold" and an average target price of $97.95. CullenFrost had 57 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has "Hold" rating by Piper Jaffray on Thursday, July 27. Jefferies maintained the stock with "Hold" rating in Friday, June 9 report. As per Monday, December 19, the company rating was upgraded by SunTrust. The firm has "Buy" rating given on Monday, May 23 by Canaccord Genuity. Zacks Investment Research upgraded Cullen/Frost Bankers from a "sell" rating to a "hold" rating in a report on Tuesday, October 10th. Finally, Morgan Stanley reiterated an "equal weight" rating and issued a $93.00 price objective (up previously from $90.00) on shares of Cullen/Frost Bankers in a report on Thursday, July 6th. Goodbody maintained GVC Holdings PLC (LON:GVC) on Monday, December 19 with "Buy" rating. (NYSE:CFR) has risen 44.85% since October 26, 2016 and is uptrending. The company has market cap of $11.26 billion. The Firm offers a portfolio of semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets. It has a 38.58 P/E ratio. The Company's divisions include Engine and Drivetrain.

Investors sentiment increased to 1.22 in Q2 2017. HAYES JOHN A sold 2,717 shares worth $219,048. Ameriprise Financial reported 534,058 shares. Amer Century Incorporated invested in 0.01% or 116,563 shares. Goldman Sachs holds 523,603 shares or 0.01% of its portfolio. Following the completion of the sale, the insider now owns 160,147 shares of the company's stock, valued at $10,846,756.31. Cooke Bieler LP stated it has 2.00M shares or 1.62% of all its holdings. Rhumbline Advisers holds 0.02% or 232,341 shares. Hartford Mngmt invested in 76,033 shares or 0.06% of the stock.

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