Jump Financial LLC Has $2.09 Million Stock Holdings in Cullen/Frost Bankers, Inc. (NYSE:CFR)

Jump Financial LLC increased its position in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 163.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,564 shares of the bank's stock after acquiring an additional 9,655 shares during the quarter. Jump Financial LLC's holdings in Cullen/Frost Bankers were worth $2,089,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Cullen/Frost Bankers by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 6,375,303 shares of the bank's stock worth $855,884,000 after purchasing an additional 66,243 shares during the period. Boston Trust Walden Corp boosted its position in Cullen/Frost Bankers by 9.8% during the 4th quarter. Boston Trust Walden Corp now owns 1,052,290 shares of the bank's stock worth $141,270,000 after purchasing an additional 94,252 shares during the period. JPMorgan Chase & Co. boosted its position in Cullen/Frost Bankers by 1.1% during the 4th quarter. JPMorgan Chase & Co. now owns 834,015 shares of the bank's stock worth $111,967,000 after purchasing an additional 9,050 shares during the period. Principal Financial Group Inc. boosted its position in Cullen/Frost Bankers by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 822,432 shares of the bank's stock valued at $110,418,000 after buying an additional 16,223 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Cullen/Frost Bankers by 2.4% in the 4th quarter. Bank of New York Mellon Corp now owns 611,722 shares of the bank's stock valued at $82,124,000 after buying an additional 14,422 shares during the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Cullen/Frost Bankers Stock Up 0.7 %

CFR stock traded up $0.86 during mid-day trading on Thursday, hitting $115.64. The stock had a trading volume of 70,725 shares, compared to its average volume of 466,680. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 13.01, a PEG ratio of 6.46 and a beta of 0.82. The company has a fifty day moving average of $123.11 and a 200 day moving average of $130.94. Cullen/Frost Bankers, Inc. has a 1-year low of $94.09 and a 1-year high of $147.64. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.06.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last announced its quarterly earnings results 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 net margin of 20.44% and a return on equity of 15.95%. On average, equities analysts expect that Cullen/Frost Bankers, Inc. will post 8.85 EPS for the current fiscal year.

Cullen/Frost Bankers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend was Friday, February 28th. Cullen/Frost Bankers's dividend payout ratio (DPR) is presently 42.84%.

Insider Buying and Selling at Cullen/Frost Bankers

In other Cullen/Frost Bankers news, insider Paul Bracher sold 11,500 shares of the business's stock in a transaction on Friday, January 31st. The shares were 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 of the company's stock, valued at $14,355,819.70. The trade was a 10.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.20% of the company's stock.

Analyst Upgrades and Downgrades

CFR has been the topic of several research reports. 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 price objective on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $144.00 price objective on shares of Cullen/Frost Bankers in a research note on Friday, January 31st. DA Davidson lowered shares of Cullen/Frost Bankers from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $138.00 to $143.00 in a research note on Monday, February 3rd. Keefe, Bruyette & Woods increased 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 research note on Monday, February 3rd. Finally, Evercore ISI increased their price objective on Cullen/Frost Bankers from $136.00 to $144.00 and gave the stock an "underperform" rating in a report on Monday, February 10th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Cullen/Frost Bankers currently has a consensus rating of "Hold" and a consensus price target of $132.57.

Cullen/Frost Bankers Profile

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.