North Star Investment Management Has Upped Its A H Belo Com Cl A (AHC) Holding; Wells Fargo & Company Has Trimmed Cullen Frost Bankers (CFR) Position By $8.01 Million

December 7, 2017 - By Henry Gaston

Wells Fargo & Company decreased Cullen Frost Bankers Inc (CFR) stake by 26.18% reported in 2017Q2 SEC filing. Wells Fargo & Company sold 86,103 shares as Cullen Frost Bankers Inc (CFR)’s stock declined 3.20%. The Wells Fargo & Company holds 242,812 shares with $22.80M value, down from 328,915 last quarter. Cullen Frost Bankers Inc now has $5.91B valuation. The stock decreased 0.84% or $0.79 during the last trading session, reaching $93.56. About 292,910 shares traded. Cullen/Frost Bankers, Inc. (NYSE:CFR) has risen 44.85% since December 7, 2016 and is uptrending. It has outperformed by 28.15% the S&P500.

North Star Investment Management Corp increased A H Belo Corp Com Cl A (AHC) stake by 9.92% reported in 2017Q2 SEC filing. North Star Investment Management Corp acquired 105,314 shares as A H Belo Corp Com Cl A (AHC)’s stock declined 14.73%. The North Star Investment Management Corp holds 1.17M shares with $6.42 million value, up from 1.06 million last quarter. A H Belo Corp Com Cl A now has $106.59 million valuation. The stock decreased 1.01% or $0.05 during the last trading session, reaching $4.9. About 5,112 shares traded. A.H. Belo Corporation (NYSE:AHC) has risen 13.87% since December 7, 2016 and is uptrending. It has underperformed by 2.83% the S&P500.




Wells Fargo & Company increased Proofpoint Inc (NASDAQ:PFPT) stake by 604,645 shares to 2.30 million valued at $200.00M in 2017Q2. It also upped Brown Forman Corp (NYSE:BF.B) stake by 19,224 shares and now owns 1.79 million shares. Vaneck Vectors Etf Tr was raised too.

Among 17 analysts covering CullenFrost (NYSE:CFR), 3 have Buy rating, 1 Sell and 13 Hold. Therefore 18% are positive. CullenFrost had 64 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was downgraded by Macquarie Research to “Underperform” on Wednesday, January 13. Wedbush upgraded Cullen/Frost Bankers, Inc. (NYSE:CFR) on Friday, May 19 to “Neutral” rating. Jefferies maintained it with “Hold” rating and $95.0 target in Friday, September 15 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, January 26. On Thursday, April 6 the stock rating was initiated by Raymond James with “Mkt Perform”. The firm has “Buy” rating by Maxim Group given on Monday, December 19. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, September 28 report. The stock has “Equal-Weight” rating by Barclays Capital on Monday, October 30. Evercore downgraded the stock to “Sell” rating in Friday, September 11 report. Deutsche Bank maintained the shares of CFR in report on Wednesday, November 8 with “Hold” rating.

Investors sentiment increased to 1.31 in 2017 Q2. Its up 0.22, from 1.09 in 2017Q1. It increased, as 30 investors sold CFR shares while 84 reduced holdings. 47 funds opened positions while 102 raised stakes. 51.33 million shares or 0.03% less from 51.34 million shares in 2017Q1 were reported. Stevens Cap Mgmt Ltd Partnership owns 19,751 shares for 0.07% of their portfolio. 160,075 were accumulated by Lathrop Invest Mngmt Corporation. One Association reported 0.09% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR). Cannell Peter B And has 6,270 shares for 0.02% of their portfolio. Louisiana State Employees Retirement reported 0.07% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Motco reported 0% stake. The Ontario – Canada-based Bankshares Of Montreal Can has invested 0% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Goldman Sachs Gru holds 0.01% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR) for 523,603 shares. King Luther Cap Management Corporation has 1.91% invested in Cullen/Frost Bankers, Inc. (NYSE:CFR) for 2.25M shares. Millennium Mgmt Limited Liability owns 241,639 shares for 0.04% of their portfolio. Coldstream Capital Management invested 0.1% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR). Raymond James Fincl Serv Advsr Inc reported 0.01% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Liberty Mutual Group Asset holds 0.09% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR) for 22,859 shares. Azimuth Capital Mgmt Llc has 6,450 shares. Confluence Investment Mngmt Ltd Limited Liability Company holds 138,214 shares.

Analysts await Cullen/Frost Bankers, Inc. (NYSE:CFR) to report earnings on January, 24. They expect $1.38 earnings per share, up 7.81% or $0.10 from last year’s $1.28 per share. CFR’s profit will be $87.17M for 16.95 P/E if the $1.38 EPS becomes a reality. After $1.41 actual earnings per share reported by Cullen/Frost Bankers, Inc. for the previous quarter, Wall Street now forecasts -2.13% negative EPS growth.

North Star Investment Management Corp decreased Meridian Bioscience Inc Com (NASDAQ:VIVO) stake by 30,000 shares to 53,075 valued at $836,000 in 2017Q2. It also reduced Whole Foods Mkt Inc Com (NASDAQ:WFM) stake by 24,390 shares and now owns 5,550 shares. Alaska Communications Sys Grp 6.25 05/01/2018 was reduced too.

Among 2 analysts covering A.H. Belo (NYSE:AHC), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. A.H. Belo had 3 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was upgraded by Zacks on Friday, August 14 to “Sell”. Gabelli upgraded the shares of AHC in report on Wednesday, July 29 to “Buy” rating. The stock of A.H. Belo Corporation (NYSE:AHC) has “Sell” rating given on Wednesday, September 2 by Zacks.

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