Cullen/Frost Bankers, Inc. (NYSE:CFR) Stock Holdings Decreased by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. decreased its stake in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR) by 95.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,495 shares of the bank’s stock after selling 152,588 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in Cullen/Frost Bankers were worth $872,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Tidal Investments LLC grew its position in shares of Cullen/Frost Bankers by 30.3% during the 3rd quarter. Tidal Investments LLC now owns 18,689 shares of the bank’s stock valued at $2,091,000 after buying an additional 4,348 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Cullen/Frost Bankers by 8.3% during the fourth quarter. HighTower Advisors LLC now owns 13,083 shares of the bank’s stock valued at $1,756,000 after purchasing an additional 1,003 shares during the last quarter. Barclays PLC raised its position in shares of Cullen/Frost Bankers by 234.5% during the 3rd quarter. Barclays PLC now owns 436,393 shares of the bank’s stock worth $48,814,000 after purchasing an additional 305,921 shares during the period. Entropy Technologies LP bought a new stake in shares of Cullen/Frost Bankers in the 4th quarter worth approximately $389,000. Finally, Oddo BHF Asset Management Sas acquired a new position in Cullen/Frost Bankers during the 3rd quarter valued at approximately $2,037,000. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cullen/Frost Bankers

In related news, insider Paul Bracher sold 11,500 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $139.45, for a total value of $1,603,675.00. Following the sale, the insider now owns 102,946 shares in the company, valued at approximately $14,355,819.70. This represents a 10.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.20% of the stock is owned by insiders.

Cullen/Frost Bankers Stock Down 0.9 %

Shares of NYSE:CFR opened at $115.27 on Friday. The company has a 50 day moving average price of $121.98 and a two-hundred day moving average price of $130.98. The company has a market capitalization of $7.41 billion, a PE ratio of 13.00, a PEG ratio of 6.46 and a beta of 0.82. Cullen/Frost Bankers, Inc. has a 52 week low of $94.09 and a 52 week high of $147.64. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.68 and a current ratio of 0.68.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.19. Cullen/Frost Bankers had a return on equity of 15.95% and a net margin of 20.44%. Analysts forecast that Cullen/Frost Bankers, Inc. will post 8.85 earnings per share for the current year.

Analyst Ratings Changes

CFR has been the subject of a number of recent analyst reports. Royal Bank of Canada reissued a “sector perform” rating and issued a $144.00 price objective on shares of Cullen/Frost Bankers in a report on Friday, January 31st. DA Davidson lowered Cullen/Frost Bankers from a “buy” rating to a “neutral” rating and raised their price target for the company from $138.00 to $143.00 in a report on Monday, February 3rd. Keefe, Bruyette & Woods upped their price objective on shares of Cullen/Frost Bankers from $140.00 to $148.00 and gave the stock a “market perform” rating in a report on Monday, February 3rd. Barclays initiated coverage on shares of Cullen/Frost Bankers in a research note on Tuesday, April 1st. They set an “equal weight” rating and a $130.00 target price on the stock. Finally, Evercore ISI boosted their price target on shares of Cullen/Frost Bankers from $136.00 to $144.00 and gave the stock an “underperform” rating in a research report on Monday, February 10th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Cullen/Frost Bankers has an average rating of “Hold” and an average price target of $132.57.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services.