Commerce Bancshares Inc (NASDAQ:CBSH) Big Money Sentiment Index Crashed in Q1 2018 to 1.07

June 29, 2018 - By Clyde Turner

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

Positions for Commerce Bancshares Inc (NASDAQ:CBSH)

“Big money sentiment for Commerce Bancshares Inc (NASDAQ:CBSH) in Q1 2018 decreased to 1.07, according to Securities and Exchange Commission filings. So its down -1.64, from 2017Q4’s 2.71. 115 investment managers increased or started new positions, while 107 cut down and sold their stakes in Commerce Bancshares Inc so the sentiment turned negative. These funds own 67.86 million shares, that’s 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 . In total 16 funds closed positions, 91 reduced and 81 increased. Also 34 funds bought new Commerce Bancshares Inc stakes.

Largest Commerce Bancshares Inc Shareholders

As of Q1 2018 Commerce Bank has 5.63% invested in Commerce Bancshares Inc. As of Q1 2018, 230,627 shares of Commerce Bancshares Inc are owned by Vigilant Capital Management Llc. Furthermore, Mountain Pacific Investment Advisers Inc Id reported 300,883 shares in Commerce Bancshares Inc equivalent to 1.86% of its equity exposure. Speece Thorson Capital Group Inc revealed 150,323 shares position in Commerce Bancshares Inc. The Illinois-based fund Dearborn Partners Llc looks positive on Commerce Bancshares Inc, possessing 359,661 shares.

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 worth $6.98 billion. It operates through three divisions: Consumer, Commercial, and Wealth.20.68 is the 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.

The stock increased 1.16% or $0.75 during the last trading session, reaching $65.52.Currently Commerce Bancshares, Inc. is uptrending after 25.07% change in last June 29, 2017. CBSH has 148,933 shares volume. CBSH outperformed by 12.50% the S&P 500.

Investors wait Commerce Bancshares, Inc. (NASDAQ:CBSH)’s quarterly earnings on July, 12., according to Faxor. earnings per share of $0.88 is 23.94 % up from 2017’s $0.71 EPS. If earnings per share of $0.88 is published the profit of CBSH could be $93.80M giving it 18.61 P/E. -4.35 % negative EPS growth is what analysts predict. $0.92 earnings per share was published for previous quarter.

Fuller Thaler Asset Mngmt invested in 2,600 shs. 3,355 were reported by Wetherby Asset Mgmt. State Of Tennessee Treasury Department accumulated 83,500 shs. Atwood And Palmer invested in 0.15% or 17,677 shs. Vigilant Limited Liability invested in 1.97% or 230,627 shs. Evanson Asset Management Ltd Limited Liability Company invested 0.06% of its capital in Commerce Bancshares, Inc. (NASDAQ:CBSH). Td Asset Incorporated, a Ontario – Canada-based fund reported 49,526 shs. Earnest Prtn Limited Liability Co has 0% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 89 shs. California Pub Employees Retirement Systems has 0.02% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Brown Advisory Incorporated accumulated 0.01% or 50,641 shs. Tower Rech Limited Liability Company (Trc) has 5,927 shs. Bb&T Corporation invested 0.06% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Johnson Fincl owns 208 shs. Louisiana-based Louisiana State Employees Retirement Sys has invested 0.07% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Comerica Bancorporation has 0.05% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 101,848 shs.

Commerce Bancshares, Inc. had 29 insider sales and 0 insider purchases since January 29, 2018. This’s net activity of $23.34 million. $9,863 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by Roller David L.. Another trade for 803 shs valued at $50,818 was sold by PETRIE MICHAEL J. The insider Kellerhals Patricia R sold $48,650. $197,261 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) shs were sold by FOSTER SARA E. On Monday, June 11 $3.01 million worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KEMPER JONATHAN M. $4.50M worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) shs were sold by Kemper John W.

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

A total of 11 analysts rate Commerce Bancshares Inc (NASDAQ:CBSH) as follows: 0 “Buy”, 9 “Hold” and 2 “Sell”. Тherefore 0 are bullish. (NASDAQ:CBSH) has 16 ratings reports on 29 Jun 2018 according to StockzIntelligence. On Tuesday, April 17 the stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Underweight” rating by Morgan Stanley. On Tuesday, May 15 Bank of America downgraded Commerce Bancshares, Inc. (NASDAQ:CBSH) rating. Bank of America has “Sell” rating and $6400 target. On Tuesday, February 27 Wood upgraded the shares of CBSH in report to “Market Perform” rating. On Tuesday, April 17 the firm has “Hold” rating by Stephens given. On Tuesday, June 26 Wells Fargo maintained the shares of CBSH in report with “Market Perform” rating. On Sunday, April 15 the company was maintained by Piper Jaffray. On Thursday, January 18 the firm has “Hold” rating by Piper Jaffray given. On Monday, February 26 the firm has “Hold” rating by Keefe Bruyette & Woods given. On Thursday, January 18 Keefe Bruyette & Woods maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) with “Sell” rating. On Friday, January 19 Stephens maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) with “Hold” rating.

For more Commerce Bancshares, Inc. (NASDAQ:CBSH) news posted recently go to: Bizjournals.com, Businesswire.com, Streetinsider.com, Bizjournals.com or Nasdaq.com. The titles are as follows: “This is how much a typical worker makes at Sprint, 9 other big KC public companies” posted on June 27, 2018, “Commerce Bancshares, Inc. to Participate in Morgan Stanley’s Financials Conference, June 12-13, 2018” on June 08, 2018, “Commerce Bancshares (CBSH) PT Raised to $64 at FIG Partners” with a publish date: June 05, 2018, “As another Kemper steps down, Commerce Bank shuffles its leadership” and the last “New Research: Key Drivers of Growth for Webster Financial, Chimerix, Commerce Bancshares, Teligent, Pinnacle …” with publication date: June 29, 2018.

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

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