Barclays Increases Cullen/Frost Bankers (NYSE:CFR) Price Target to $150.00

Cullen/Frost Bankers (NYSE:CFR) had its target price upped by stock analysts at Barclays from $140.00 to $150.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the bank’s stock. Barclays‘s target price would indicate a potential upside of 9.62% from the company’s current price.

CFR has been the subject of several other reports. Keefe, Bruyette & Woods raised their price target on shares of Cullen/Frost Bankers from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Friday. Citigroup increased their price target on shares of Cullen/Frost Bankers from $112.00 to $114.00 and gave the company a “sell” rating in a research report on Friday, October 31st. Royal Bank Of Canada boosted their target price on Cullen/Frost Bankers from $144.00 to $150.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cullen/Frost Bankers in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $138.09.

Cullen/Frost Bankers Stock Down 1.4%

Shares of NYSE:CFR traded down $1.93 during mid-day trading on Friday, hitting $136.84. 70,197 shares of the company traded hands, compared to its average volume of 527,329. The stock has a 50-day moving average price of $130.97 and a two-hundred day moving average price of $128.49. The stock has a market cap of $8.75 billion, a P/E ratio of 14.08, a P/E/G ratio of 2.67 and a beta of 0.63. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.05. Cullen/Frost Bankers has a 12-month low of $100.31 and a 12-month high of $145.53.

Cullen/Frost Bankers (NYSE:CFR) last announced its earnings results on Thursday, January 29th. The bank reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.09. Cullen/Frost Bankers had a return on equity of 15.84% and a net margin of 21.99%.The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $578.05 million. During the same period last year, the firm posted $2.36 EPS. On average, equities research analysts forecast that Cullen/Frost Bankers will post 8.85 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total value of $88,900.00. Following the sale, the executive vice president directly owned 3,795 shares of the company’s stock, valued at approximately $481,965. This represents a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.89% of the company’s stock.

Hedge Funds Weigh In On Cullen/Frost Bankers

A number of hedge funds have recently added to or reduced their stakes in the company. M.E. Allison & CO. Inc. lifted its position in Cullen/Frost Bankers by 35.1% during the second quarter. M.E. Allison & CO. Inc. now owns 8,734 shares of the bank’s stock valued at $1,123,000 after purchasing an additional 2,270 shares during the period. Cullen Frost Bankers Inc. raised its stake in Cullen/Frost Bankers by 62.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 38,734 shares of the bank’s stock worth $4,910,000 after acquiring an additional 14,831 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Cullen/Frost Bankers by 3,892.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 100,368 shares of the bank’s stock valued at $12,901,000 after buying an additional 97,854 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Cullen/Frost Bankers by 3.4% in the second quarter. Legal & General Group Plc now owns 100,690 shares of the bank’s stock worth $12,943,000 after acquiring an additional 3,313 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in Cullen/Frost Bankers by 30.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 102,234 shares of the bank’s stock valued at $13,141,000 after buying an additional 23,714 shares in the last quarter. 86.90% of the stock is currently owned by hedge funds and other institutional investors.

More Cullen/Frost Bankers News

Here are the key news stories impacting Cullen/Frost Bankers this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $160 from $150 and maintained an “outperform” rating — implying roughly 15.3% upside from the current price. Benzinga
• Positive Sentiment: CFR beat Q4 expectations with EPS of $2.56 (vs. $2.47 est.) and reported revenue of ~$1.05B versus analyst estimates near $578M — a sizable top-line beat that supports earnings quality and loan/fee trends. Press Release (PR Newswire)
• Positive Sentiment: The board declared a $1.00 per-share quarterly dividend (ex-div Feb 27, pay Mar 13) and authorized a $300M share-repurchase program — both shareholder-friendly actions that typically support the stock’s valuation and yield appeal. PR Newswire
• Neutral Sentiment: Full Q4 earnings call transcripts and write-ups are available for investors who want details on guidance, margin drivers and loan trends — useful for assessing sustainability of results. Earnings Call Transcript (InsiderMonkey)
• Neutral Sentiment: Analyst and media note coverage: snapshots and earnings outlook pieces from Benzinga, Yahoo Finance and Zacks provide additional context and metric-by-metric analysis for investors modeling future EPS. Earnings Outlook (Benzinga)

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.