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Cullen/Frost Bankers (NYSE:CFR) has been given a consensus rating of “Hold” by the fifteen ratings firms that are covering the stock, Stock Ratings Network reports. Three research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $75.92.

In other Cullen/Frost Bankers news, CEO Richard W. Evans, Jr. sold 44,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $76.03, for a total transaction of $3,345,320.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on CFR shares. Analysts at FBR Capital Markets raised their price target on shares of Cullen/Frost Bankers from $63.00 to $68.00 in a research note on Friday, August 1st. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Cullen/Frost Bankers in a research note on Thursday, July 31st. They now have a $77.00 price target on the stock, up previously from $73.00. Finally, analysts at Portales Partners upgraded shares of Cullen/Frost Bankers from an “underperform” rating to a “sector perform” rating in a research note on Thursday, July 31st.

Shares of Cullen/Frost Bankers (NYSE:CFR) opened at 76.49 on Tuesday. Cullen/Frost Bankers has a 1-year low of $68.01 and a 1-year high of $81.02. The stock has a 50-day moving average of $78.12 and a 200-day moving average of $76.55. The company has a market cap of $4.817 billion and a price-to-earnings ratio of 19.51.

Cullen/Frost Bankers (NYSE:CFR) last announced its earnings results on Wednesday, July 30th. The company reported $1.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.01 by $0.01. During the same quarter last year, the company posted $0.94 earnings per share. Analysts expect that Cullen/Frost Bankers will post $4.19 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, August 29th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.68%. The ex-dividend date is Wednesday, August 27th.

Cullen/Frost Bankers, Inc (NYSE:CFR), is a financial holding company and a bank holding company.

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