Investec Asset Management LTD Upped By $1.84 Million Its B2gold (BTG) Position; Commerce Bancshares (CBSH) Shorts Down By 0.42%

February 12, 2018 - By Winifred Garcia

Investec Asset Management Ltd increased B2gold Corp (BTG) stake by 11.47% reported in 2017Q3 SEC filing. Investec Asset Management Ltd acquired 918,934 shares as B2gold Corp (BTG)’s stock declined 22.67%. The Investec Asset Management Ltd holds 8.93 million shares with $24.56M value, up from 8.01 million last quarter. B2gold Corp now has $2.84 billion valuation. The stock increased 8.12% or $0.22 during the last trading session, reaching $2.93. About 4.18M shares traded. B2Gold Corp. (NYSEMKT:BTG) has risen 23.27% since February 12, 2017 and is uptrending. It has outperformed by 6.57% the S&P500.

Commerce Bancshares Incorporated (NASDAQ:CBSH) had a decrease of 0.42% in short interest. CBSH’s SI was 3.11 million shares in February as released by FINRA. Its down 0.42% from 3.12 million shares previously. With 368,900 avg volume, 8 days are for Commerce Bancshares Incorporated (NASDAQ:CBSH)’s short sellers to cover CBSH’s short positions. The SI to Commerce Bancshares Incorporated’s float is 3.5%. The stock increased 1.07% or $0.61 during the last trading session, reaching $57.5. About 216,960 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 19.51% since February 12, 2017 and is uptrending. It has outperformed by 2.81% the S&P500.

Investec Asset Management Ltd decreased Wesco International Inc (NYSE:WCC) stake by 9,401 shares to 1.09M valued at $63.74 million in 2017Q3. It also reduced Valero Energy Corp (NYSE:VLO) stake by 19,983 shares and now owns 3.65M shares. Monsanto Co (NYSE:MON) was reduced too.

Since August 30, 2017, it had 0 insider purchases, and 11 selling transactions for $19.69 million activity. Another trade for 78,359 shares valued at $4.50 million was sold by KEMPER JONATHAN M. 6,909 shares were sold by KIM CHARLES G, worth $405,282. $4.50 million worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KEMPER DAVID W on Wednesday, February 7. Kemper John W also sold $4.50M worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) on Wednesday, February 7. 3,361 shares were sold by FOSTER SARA E, worth $197,261 on Monday, January 29. The insider STRANGHOENER V RAYMOND sold 6,399 shares worth $373,700. CAPPS JOHN R sold $548,204 worth of stock or 10,000 shares.

Investors sentiment increased to 1.43 in 2017 Q3. Its up 0.23, from 1.2 in 2017Q2. It is positive, as 10 investors sold Commerce Bancshares, Inc. shares while 73 reduced holdings. 31 funds opened positions while 88 raised stakes. 62.31 million shares or 0.33% less from 62.51 million shares in 2017Q2 were reported. Busey Tru holds 0.04% in Commerce Bancshares, Inc. (NASDAQ:CBSH) or 5,116 shares. Deutsche Savings Bank Ag reported 100,718 shares. Bankshares Of Montreal Can stated it has 35,108 shares. Moreover, Barclays Public Limited Co has 0% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 21,390 shares. Rhumbline Advisers reported 203,693 shares. Amer Century Companies Inc has 3.27M shares. Evanson Asset Limited Liability Corp reported 0.06% stake. Victory Capital Management holds 33,971 shares. Benjamin F Edwards And reported 6,340 shares. Swiss Bank & Trust invested 0.01% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). 103,957 were accumulated by Oppenheimer &. Cliftonlarsonallen Wealth Advsr Ltd owns 17,202 shares. Moreover, Fincl Bank Of The Ozarks has 0.48% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 20,027 shares. Great Lakes Advisors Limited Liability Corp holds 22,430 shares. First Quadrant L P Ca reported 361,685 shares or 0.4% of all its holdings.

Commerce Bancshares, Inc. operates as the holding firm for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management services and products to individuals and businesses. The company has market cap of $6.13 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 19.9 P/E ratio. The Consumer segment offers various banking services and products, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services.

Among 8 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 0 are positive. Commerce Bancshares had 30 analyst reports since October 15, 2015 according to SRatingsIntel. The company was maintained on Wednesday, December 6 by Keefe Bruyette & Woods. On Friday, September 15 the stock rating was maintained by Jefferies with “Hold”. On Monday, July 11 the stock rating was initiated by Piper Jaffray with “Neutral”. The firm has “Sell” rating by Keefe Bruyette & Woods given on Monday, August 14. The firm has “Sell” rating given on Thursday, January 18 by Keefe Bruyette & Woods. On Thursday, August 10 the stock rating was downgraded by Raymond James to “Underperform”. Keefe Bruyette & Woods maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Friday, September 15 with “Sell” rating. The rating was maintained by Keefe Bruyette & Woods with “Sell” on Tuesday, October 3. Keefe Bruyette & Woods maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Thursday, July 13 with “Sell” rating. The rating was initiated by Piper Jaffray with “Hold” on Friday, October 6.

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