Welch Capital Partners Has Decreased Alibaba Group Holding (BABA) Position by $1.96 Million; As Cullen/Frost Bankers (CFR) Share Value Rose, Champlain Investment Partners Has Lifted by $1.27 Million Its Holding

April 22, 2018 - By Vivian Currie

Cullen/Frost Bankers, Inc. (NYSE:CFR) Logo

Leighton Welch decreased its stake in Alibaba Group Holding (BABA) by 37.97% based on its latest 2017Q4 regulatory filing with the SEC. Welch Capital Partners Llc sold 11,386 shares as the company’s stock rose 3.18% while stock markets declined. The hedge fund run by Leighton Welch held 18,597 shares of the business services company at the end of 2017Q4, valued at $3.21M, down from 29,983 at the end of the previous reported quarter. Welch Capital Partners Llc who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $460.22 billion market cap company. The stock decreased 1.26% or $2.28 during the last trading session, reaching $179.11. About 14.47M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 22, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Champlain Investment Partners Llc increased its stake in Cullen/Frost Bankers Inc. (CFR) by 1.54% based on its latest 2017Q4 regulatory filing with the SEC. Champlain Investment Partners Llc bought 13,555 shares as the company’s stock rose 7.06% while stock markets declined. The institutional investor held 895,935 shares of the finance company at the end of 2017Q4, valued at $84.80M, up from 882,380 at the end of the previous reported quarter. Champlain Investment Partners Llc who had been investing in Cullen/Frost Bankers Inc. for a number of months, seems to be bullish on the $6.87B market cap company. The stock increased 0.93% or $0.99 during the last trading session, reaching $107.79. About 318,752 shares traded. Cullen/Frost Bankers, Inc. (NYSE:CFR) has risen 22.62% since April 22, 2017 and is uptrending. It has outperformed by 11.07% the S&P500.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.15, from 1.14 in 2017Q3. It increased, as 18 investors sold CFR shares while 94 reduced holdings. 51 funds opened positions while 93 raised stakes. 50.25 million shares or 0.55% less from 50.53 million shares in 2017Q3 were reported. Aristotle Capital Mgmt Lc accumulated 2.01M shares. Prudential Finance Inc stated it has 0.01% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Great West Life Assurance Can reported 0.01% in Cullen/Frost Bankers, Inc. (NYSE:CFR). First Bancorporation Of Omaha accumulated 23,218 shares or 0.13% of the stock. State Street holds 4.92 million shares or 0.04% of its portfolio. California State Teachers Retirement holds 94,576 shares. Stevens Capital Management L P, Pennsylvania-based fund reported 29,541 shares. Comerica Bank reported 165,206 shares. First Personal Fincl reported 0% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Milestone Grp Inc holds 0.52% or 34,335 shares. Utah Retirement Sys has invested 0.02% in Cullen/Frost Bankers, Inc. (NYSE:CFR). Fmr Ltd Liability Corporation accumulated 4.25M shares or 0.05% of the stock. Liberty Mutual Grp Inc Asset Mgmt Inc has invested 0.04% of its portfolio in Cullen/Frost Bankers, Inc. (NYSE:CFR). Jacobs Levy Equity stated it has 25,200 shares. King Luther Cap Corp has invested 1.71% in Cullen/Frost Bankers, Inc. (NYSE:CFR).

Since October 27, 2017, it had 0 buys, and 9 insider sales for $12.18 million activity. Another trade for 3,000 shares valued at $322,500 was made by ALEXANDER R DENNY on Monday, January 29. On Friday, January 26 the insider McKnight Gary C sold $2.55 million. The insider Wolfshohl Candace K sold $664,930. Perotti William L had sold 13,000 shares worth $1.37M on Friday, February 2. 41,760 Cullen/Frost Bankers, Inc. (NYSE:CFR) shares with value of $4.20M were sold by Berman Bobby. Bracher Paul sold $990,194 worth of Cullen/Frost Bankers, Inc. (NYSE:CFR) on Monday, February 26.

Champlain Investment Partners Llc, which manages about $6.04 billion and $8.84B US Long portfolio, decreased its stake in Lydall Inc. (NYSE:LDL) by 14,820 shares to 1.36M shares, valued at $69.19 million in 2017Q4, according to the filing. It also reduced its holding in Innospec Inc. (NASDAQ:IOSP) by 8,985 shares in the quarter, leaving it with 786,395 shares, and cut its stake in Snyder’s (NASDAQ:LNCE).

Among 18 analysts covering CullenFrost (NYSE:CFR), 3 have Buy rating, 2 Sell and 13 Hold. Therefore 17% are positive. CullenFrost had 76 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, December 13. SunTrust maintained Cullen/Frost Bankers, Inc. (NYSE:CFR) on Tuesday, October 3 with “Buy” rating. The stock has “Market Perform” rating by Raymond James on Friday, October 27. The company was maintained on Thursday, July 27 by Stephens. The rating was maintained by Jefferies with “Hold” on Friday, August 11. RBC Capital Markets maintained Cullen/Frost Bankers, Inc. (NYSE:CFR) rating on Thursday, July 30. RBC Capital Markets has “Sector Perform” rating and $74 target. On Thursday, September 28 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, May 29 report. The firm earned “Hold” rating on Thursday, June 9 by Evercore. The stock of Cullen/Frost Bankers, Inc. (NYSE:CFR) has “Sector Perform” rating given on Thursday, January 28 by RBC Capital Markets.

Welch Capital Partners Llc, which manages about $347.76 million and $280.75 million US Long portfolio, upped its stake in Energy Select Sector Spdr Fund (XLE) by 36,820 shares to 113,570 shares, valued at $8.21M in 2017Q4, according to the filing. It also increased its holding in Ishares Russell 2000 Etf (IWM) by 20,900 shares in the quarter, for a total of 47,518 shares, and has risen its stake in Range Resources Corp (NYSE:RRC).

Cullen/Frost Bankers, Inc. (NYSE:CFR) Institutional Positions Chart

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