Ronald Blue Co Lowers stake in Cullen/Frost Bankers (CFR)

Cullen/Frost Bankers (CFR) : Ronald Blue Co reduced its stake in Cullen/Frost Bankers by 0.31% during the most recent quarter end. The investment management company now holds a total of 77,443 shares of Cullen/Frost Bankers which is valued at $4.6 Million after selling 241 shares in Cullen/Frost Bankers , the firm said in a disclosure report filed with the SEC on May 13, 2016.Cullen/Frost Bankers makes up approximately 0.26% of Ronald Blue Co’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in CFR in the latest quarter, The investment management firm added 23,836 additional shares and now holds a total of 463,340 shares of Cullen/Frost Bankers which is valued at $27.7 Million. Cullen/Frost Bankers makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio.Tower Bridge Advisors boosted its stake in CFR in the latest quarter, The investment management firm added 3,558 additional shares and now holds a total of 43,585 shares of Cullen/Frost Bankers which is valued at $2.6 Million. Cullen/Frost Bankers makes up approx 0.33% of Tower Bridge Advisors’s portfolio.Mosaic Family Wealth boosted its stake in CFR in the latest quarter, The investment management firm added 299 additional shares and now holds a total of 1,203 shares of Cullen/Frost Bankers which is valued at $72,024. Cullen/Frost Bankers makes up approx 0.03% of Mosaic Family Wealth’s portfolio.Cannell Peter B Co Inc reduced its stake in CFR by selling 400 shares or 5.74% in the most recent quarter. The Hedge Fund company now holds 6,570 shares of CFR which is valued at $393,346. Cullen/Frost Bankers makes up approx 0.01% of Cannell Peter B Co Inc’s portfolio.Mutual Of America Capital Management boosted its stake in CFR in the latest quarter, The investment management firm added 2,984 additional shares and now holds a total of 38,862 shares of Cullen/Frost Bankers which is valued at $2.3 Million. Cullen/Frost Bankers makes up approx 0.05% of Mutual Of America Capital Management’s portfolio.

Cullen/Frost Bankers opened for trading at $65.71 and hit $67.29 on the upside on Wednesday, eventually ending the session at $66.79, with a gain of 2.55% or 1.66 points. The heightened volatility saw the trading volume jump to 5,50,970 shares. Company has a market cap of $4,140 M.

On the company’s financial health, Cullen/Frost Bankers reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $1.05.Analysts expectations of $ 311.83.During the same quarter in the previous year, the company posted $1.10 EPS.

Many Wall Street Analysts have commented on Cullen/Frost Bankers. Company shares were Reiterated by RBC Capital Mkts on Apr 28, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 63 from a previous price target of $54 .

Cullen/Frost Bankers Inc. (Cullen/Frost) is a financial holding and a bank holding company. The Company through its subsidiaries offers commercial and consumer banking services trust and investment management mutual funds investment banking insurance brokerage leasing treasury management and item processing services. The Company serves industries including energy manufacturing services construction retail telecommunications healthcare military and transportation among others. The Company operates in two segments: Banking and Frost Wealth Advisors. The Banking segment includes commercial and consumer banking services Frost Securities Inc. and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients. Consumer banking services include direct lending and depository services. The Frost Wealth Advisors segment includes fee-based services within private trust retirement services and financial management services.

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