Cullen/Frost Bankers (NYSE:CFR – Get Free Report) had its target price upped by Barclays from $140.00 to $150.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the bank’s stock. Barclays‘s price target would indicate a potential upside of 9.62% from the company’s current price.
A number of other analysts have also recently issued reports on the company. Keefe, Bruyette & Woods boosted their price objective on Cullen/Frost Bankers from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday. Royal Bank Of Canada lifted their price target on Cullen/Frost Bankers from $144.00 to $150.00 and gave the company a “sector perform” rating in a report on Friday. Citigroup upped their target price 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cullen/Frost Bankers in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Cullen/Frost Bankers currently has a consensus rating of “Hold” and an average price target of $138.09.
Check Out Our Latest Stock Report on Cullen/Frost Bankers
Cullen/Frost Bankers Stock Down 1.4%
Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The bank reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $578.05 million. During the same period last year, the business earned $2.36 EPS. Sell-side analysts predict that Cullen/Frost Bankers will post 8.85 EPS for the current year.
Insiders Place Their Bets
In other news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total transaction of $88,900.00. Following the transaction, the executive vice president owned 3,795 shares in the company, valued at approximately $481,965. This trade represents a 15.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.89% of the stock is currently owned by corporate insiders.
Institutional Trading of Cullen/Frost Bankers
Several large investors have recently modified their holdings of CFR. Root Financial Partners LLC bought a new position in Cullen/Frost Bankers in the third quarter valued at approximately $26,000. Advisory Services Network LLC bought a new stake in Cullen/Frost Bankers during the 3rd quarter worth $28,000. GoalVest Advisory LLC bought a new stake in shares of Cullen/Frost Bankers during the third quarter worth about $28,000. Blue Trust Inc. grew its holdings in Cullen/Frost Bankers by 252.1% during the 4th quarter. Blue Trust Inc. now owns 257 shares of the bank’s stock worth $33,000 after acquiring an additional 184 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its stake in shares of Cullen/Frost Bankers by 8,800.0% in the second quarter. Hantz Financial Services Inc. now owns 267 shares of the bank’s stock worth $34,000 after purchasing an additional 264 shares during the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.
Cullen/Frost Bankers News Summary
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.
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