Big Money Not In Commerce Bancshares Inc (NASDAQ:CBSH), Sentiment at 1.07

June 29, 2018 - By Matthew Medley

Commerce Bancshares, Inc. (NASDAQ:CBSH) Corporate Logo

Positions for Commerce Bancshares Inc (NASDAQ:CBSH)

“Big money sentiment for Commerce Bancshares Inc (NASDAQ:CBSH) in 2018 Q1 decreased to 1.07, according to SEC.gov filings. So its down -1.64, from 2017Q4’s 2.71. 115 active investment managers started new or increased stock positions, while 107 reduced and sold their holdings in Commerce Bancshares Inc so the sentiment fall. Funds own 67.86 million shares, up from 65.55 million shares in 2017Q4. Funds holding Commerce Bancshares Inc in top 10 was flat from 1 to 1 for the same number . 16 Investors Sold All; 91 Reduced Holdings; 81 increased holdings while 34 active investment managers bought holdings.

Largest Commerce Bancshares Inc Investors

Commerce Bank owns 7.13 million shares in Commerce Bancshares Inc as of 2018 Q1. Commerce Bancshares Inc’s shareholder Vigilant Capital Management Llc owns 230,627 shares as of 2018 Q1. Also, Mountain Pacific Investment Advisers Inc Id reported 300,883 shares in Commerce Bancshares Inc equivalent to 1.86% of its stock exposure. Speece Thorson Capital Group Inc revealed 150,323 shares position in Commerce Bancshares Inc. The Illinois-based fund Dearborn Partners Llc holds 359,661 shares or 1.66% of their stock exposure.

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 firm is valued at $6.98 billion. It operates through three divisions: Consumer, Commercial, and Wealth.The P/E ratio is 20.68. 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.

Ticker’s shares touched $65.52 during the last trading session after 1.16% change.Commerce Bancshares, Inc. has volume of 148,933 shares. Since June 29, 2017 CBSH has risen 25.07% and is uptrending. CBSH outperformed by 12.50% the S&P500.

Commerce Bancshares, Inc. (NASDAQ:CBSH) is awaited to announce earnings on July, 12., Faxor reports. Analysts expect change of 23.94 % or $0.17 from previous year’s $0.71 earnings per share compared to current’s $0.88 earnings per share. If CBSH’s EPS is $0.88 the profit will be $93.80M for 18.61 P/E. Wall Street forecasts -4.35 % negative EPS growth as of July, 12.

Frontier Invest Mgmt owns 5,553 shs. Cadence Cap Management Lc has 0.01% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Fifth Third Savings Bank has 0% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). New Mexico Educational Retirement Board invested in 0.06% or 25,880 shs. Dimensional Fund Advsr L P invested in 1.01M shs. Duncker Streett Inc owns 57,256 shs. Victory Mngmt has invested 0.01% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Royal Retail Bank Of Canada invested in 90,016 shs. Lau Ltd Liability Company reported 4,959 shs or 0.23% of all its holdings. Cibc Asset has 9,091 shs. Davenport Limited Com has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Great West Life Assurance Com Can reported 73,547 shs. Morgan Stanley invested in 0% or 253,678 shs. Citigroup Inc holds 0% or 22,375 shs in its capital. Oregon Employees Retirement Fund stated it has 0.03% of its capital in Commerce Bancshares, Inc. (NASDAQ:CBSH).

Commerce Bancshares, Inc. registered $23.34 million net activity with 0 buys and 29 selling transactions since January 29, 2018. On Monday, March 12 Kellerhals Patricia R had sold 798 shs worth $48,650. Another trade for 1,090 shs valued at $62,074 was made by Callahan Daniel D. on Monday, February 12. 618 shs were sold by PETRIE MICHAEL J, worth $35,308. Kemper John W had sold 78,359 shs worth $4.50M on Wednesday, February 7. KIM CHARLES G sold $405,282 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) or 6,909 shs on Monday, January 29. On Wednesday, March 7 Roller David L. also sold $9,863 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH).

Commerce Bancshares, Inc. (NASDAQ:CBSH) Ratings Coverage

Total analysts of 11 have positions in Commerce Bancshares Inc (NASDAQ:CBSH) as follows: 0 rated it a “Buy”, 2 with “Sell” and 9 with “Hold”. The positive are 0. Since January 2, 2018 according to StockzIntelligence Inc Commerce Bancshares Inc has 16 analyst reports. The company rating was upgraded by Raymond James on Tuesday, April 10. In Tuesday, April 17 report Morgan Stanley maintained it with “Underweight” rating and $59 target. The company rating was upgraded by Wood on Tuesday, February 27. On Tuesday, May 15 the rating was downgraded by Bank of America to “Sell”. On Sunday, April 15 the rating was maintained by Piper Jaffray with “Hold”. On Thursday, January 18 the rating was maintained by Piper Jaffray with “Hold”. The stock rating was maintained by Wells Fargo with “Market Perform” on Tuesday, June 26. On Wednesday, April 11 Barclays Capital maintained the shares of CBSH in report with “Equal-Weight” rating. On Wednesday, April 18 the firm earned “Hold” rating by Jefferies. On Thursday, January 18 the stock has “Sell” rating by Keefe Bruyette & Woods.

For more Commerce Bancshares, Inc. (NASDAQ:CBSH) news posted briefly go to: Streetinsider.com, Nasdaq.com, Businesswire.com, Bizjournals.com or Bizjournals.com. The titles are as follows: “Commerce Bancshares (CBSH) PT Raised to $64 at FIG Partners” posted on June 05, 2018, “New Research: Key Drivers of Growth for Webster Financial, Chimerix, Commerce Bancshares, Teligent, Pinnacle …” on June 29, 2018, “Commerce Bancshares, Inc. to Participate in Morgan Stanley’s Financials Conference, June 12-13, 2018” with a publish date: June 08, 2018, “This is how much a typical worker makes at Sprint, 9 other big KC public companies” and the last “As another Kemper steps down, Commerce Bank shuffles its leadership” with publication date: June 04, 2018.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Institutional Investors Chart

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