Cullen Frost Bankers INC (CFR) Holding Boosted by Crawford Investment Counsel Inc

April 22, 2018 - By Hazel Jackson

Cullen/Frost Bankers, Inc. (NYSE:CFR) LogoInvestors sentiment increased to 1.29 in Q4 2017. Its up 0.15, from 1.14 in 2017Q3. It improved, as 18 investors sold CFR shares while 94 reduced holdings. 51 funds opened positions while 93 raised stakes. 50.25 million shares or 0.55% less from 50.53 million shares in 2017Q3 were reported. Old Mutual Customised Solutions (Proprietary) holds 1,500 shares or 0.01% of its portfolio. Quantbot Tech LP reported 3,009 shares. Comm Fincl Bank holds 0.02% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR) for 16,408 shares. Fifth Third Savings Bank holds 0.01% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR) for 14,589 shares. Zwj Inv Counsel stated it has 0.03% in Cullen/Frost Bankers, Inc. (NYSE:CFR). 14,500 are held by Louisiana State Employees Retirement Sys. 20,982 were accumulated by Oregon Pub Employees Retirement Fund. Cardinal Cap Management holds 0.21% or 7,280 shares. Third Avenue Management Ltd Liability Company accumulated 60,800 shares or 0.28% of the stock. Evercore Wealth Limited Liability reported 214 shares. Callahan Advisors Ltd Limited Liability Company holds 0.58% or 30,749 shares in its portfolio. Neville Rodie & Shaw accumulated 43,829 shares. Regions Fincl Corporation reported 2,000 shares. Wells Fargo And Mn stated it has 0.01% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Whittier owns 250 shares for 0% of their portfolio.

Since October 27, 2017, it had 0 insider purchases, and 9 insider sales for $12.18 million activity. Another trade for 13,000 shares valued at $1.37 million was sold by Perotti William L. Berman Bobby sold $4.20 million worth of Cullen/Frost Bankers, Inc. (NYSE:CFR) on Friday, October 27. 4,500 Cullen/Frost Bankers, Inc. (NYSE:CFR) shares with value of $479,610 were sold by Alonzo Annette M. ALEXANDER R DENNY sold 3,000 shares worth $322,500. Shares for $664,930 were sold by Wolfshohl Candace K. On Monday, February 26 the insider Bracher Paul sold $990,194.

Crawford Investment Counsel Inc increased its stake in Cullen Frost Bankers Inc (CFR) by 37.17% based on its latest 2017Q4 regulatory filing with the SEC. Crawford Investment Counsel Inc bought 129,861 shares as the company’s stock rose 7.06% while stock markets declined. The institutional investor held 479,221 shares of the finance company at the end of 2017Q4, valued at $45.36M, up from 349,360 at the end of the previous reported quarter. Crawford Investment Counsel Inc who had been investing in Cullen Frost Bankers Inc for a number of months, seems to be bullish on the $6.87B market cap company. The stock increased 0.93% or $0.99 during the last trading session, reaching $107.79. About 318,752 shares traded. Cullen/Frost Bankers, Inc. (NYSE:CFR) has risen 22.62% since April 22, 2017 and is uptrending. It has outperformed by 11.07% the S&P500.

Crawford Investment Counsel Inc, which manages about $4.53B and $3.22B US Long portfolio, decreased its stake in Cardinal Health Inc (NYSE:CAH) by 147,631 shares to 548,098 shares, valued at $33.58 million in 2017Q4, according to the filing. It also reduced its holding in Cvs Health Corp (NYSE:CVS) by 72,366 shares in the quarter, leaving it with 669,639 shares, and cut its stake in Hollyfrontier Corp (NYSE:HFC).

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

Among 12 analysts covering Cullen/Frost Bankers (NYSE:CFR), 2 have Buy rating, 1 Sell and 9 Hold. Therefore 17% are positive. Cullen/Frost Bankers had 19 analyst reports since October 26, 2017 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, January 8 with “Hold”. The firm has “Buy” rating by SunTrust given on Thursday, January 25. Raymond James downgraded Cullen/Frost Bankers, Inc. (NYSE:CFR) on Tuesday, April 10 to “Sell” rating. The stock of Cullen/Frost Bankers, Inc. (NYSE:CFR) has “Neutral” rating given on Monday, October 30 by JP Morgan. The company was upgraded on Friday, October 27 by Raymond James. The firm has “Buy” rating by Maxim Group given on Thursday, October 26. Keefe Bruyette & Woods maintained the shares of CFR in report on Thursday, January 25 with “Hold” rating. SunTrust maintained Cullen/Frost Bankers, Inc. (NYSE:CFR) on Monday, October 30 with “Buy” rating. On Friday, February 9 the stock rating was maintained by Stephens with “Hold”. The stock has “Buy” rating by SunTrust on Tuesday, November 28.

Cullen/Frost Bankers, Inc. (NYSE:CFR) Institutional Positions Chart

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