General Electric Co (GE) Shareholder Parthenon Decreased Position; Commerce Bancshares (CBSH) Stock Value Rose While Dearborn Partners Raised by $307,175 Its Stake

Commerce Bancshares, Inc. (NASDAQ:CBSH) Logo

Dearborn Partners Llc increased its stake in Commerce Bancshares Inc (CBSH) by 1.5% based on its latest 2017Q4 regulatory filing with the SEC. Dearborn Partners Llc bought 5,585 shares as the company’s stock rose 3.47% while stock markets declined. The institutional investor held 379,003 shares of the finance company at the end of 2017Q4, valued at $21.16M, up from 373,418 at the end of the previous reported quarter. Dearborn Partners Llc who had been investing in Commerce Bancshares Inc for a number of months, seems to be bullish on the $6.85B market cap company. The stock increased 0.36% or $0.23 during the last trading session, reaching $64.21. About 268,540 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 12.72% since April 30, 2017 and is uptrending. It has outperformed by 1.17% the S&P500.

Parthenon Llc decreased its stake in General Electric Co (GE) by 6.22% based on its latest 2017Q4 regulatory filing with the SEC. Parthenon Llc sold 28,984 shares as the company’s stock declined 23.20% with the market. The hedge fund held 437,076 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $7.63M, down from 466,060 at the end of the previous reported quarter. Parthenon Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $124.87 billion market cap company. It closed at $14.38 lastly. It is down 54.35% since April 30, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Among 10 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 1 Sell and 9 Hold. Therefore 0 are positive. Commerce Bancshares had 40 analyst reports since October 15, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, October 15 by Jefferies. The firm has “Sell” rating by Keefe Bruyette & Woods given on Thursday, December 21. As per Friday, June 9, the company rating was maintained by Jefferies. The firm has “Hold” rating given on Tuesday, April 10 by Raymond James. Keefe Bruyette & Woods maintained the stock with “Sell” rating in Friday, September 15 report. The company was maintained on Tuesday, April 17 by Morgan Stanley. Stephens maintained it with “Hold” rating and $5600 target in Friday, July 14 report. The firm earned “Hold” rating on Friday, September 15 by Jefferies. The stock has “Hold” rating by Jefferies on Wednesday, April 18. As per Tuesday, September 20, the company rating was downgraded by Morgan Stanley.

Investors sentiment increased to 2.71 in Q4 2017. Its up 1.28, from 1.43 in 2017Q3. It is positive, as 25 investors sold CBSH shares while 47 reduced holdings. 32 funds opened positions while 163 raised stakes. 65.55 million shares or 5.20% more from 62.31 million shares in 2017Q3 were reported. Moreover, Metropolitan Life Ny has 0.02% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Moreover, Great West Life Assurance Co Can has 0.01% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Envestnet Asset Management Incorporated holds 0% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 5,234 shares. Cambridge Invest Rech Advsrs Inc holds 0.02% or 27,491 shares. Legal General Grp Public Lc owns 407,358 shares for 0.02% of their portfolio. Vigilant Mngmt Limited Liability Com has invested 1.65% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Ing Groep Nv reported 10,224 shares. Woodstock holds 0.08% or 7,840 shares. Ubs Asset Management Americas Inc reported 0% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Stifel Fincl Corporation owns 23,643 shares or 0% of their US portfolio. 163,430 were accumulated by Swiss Bank. Chicago Equity Prtnrs Lc reported 0.01% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Kings Point Cap, New York-based fund reported 472 shares. Cetera Limited Liability Com holds 5,027 shares or 0.02% of its portfolio. Citadel Advsr Limited Liability Co owns 25,965 shares.

Dearborn Partners Llc, which manages about $1.48 billion and $1.39B US Long portfolio, decreased its stake in Accenture Plc Cl A (NYSE:ACN) by 5,161 shares to 122,537 shares, valued at $18.76 million in 2017Q4, according to the filing. It also reduced its holding in Travelers Cos Inc (NYSE:TRV) by 4,486 shares in the quarter, leaving it with 148,140 shares, and cut its stake in Kimberly Clark Corp (NYSE:KMB).

Since December 11, 2017, it had 0 insider buys, and 27 sales for $22.87 million activity. FOSTER SARA E also sold $93,165 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) shares. The insider ABERDEEN JEFFERY D sold $84,148. $134,413 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KIM CHARLES G. Kemper John W sold $4.50M worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) on Wednesday, February 7. Callahan Daniel D. sold 1,090 shares worth $62,074. 850 shares were sold by BURIK JEFFREY M., worth $51,825.

Since January 26, 2018, it had 1 buying transaction, and 0 sales for $43,446 activity.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dropped, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Cornerstone Advisors invested 0.24% in General Electric Company (NYSE:GE). 49,492 were accumulated by Harvest Mgmt Inc. D L Carlson Invest invested in 21,930 shares. Noesis Capital Mangement Corporation invested in 40,557 shares. Westwood Mngmt Il invested in 0.03% or 10,500 shares. Masters Capital Mgmt Limited Co invested in 1.00M shares or 0.42% of the stock. Cypress Ltd (Wy) reported 0.14% stake. Cape Ann Bancorporation holds 0.41% in General Electric Company (NYSE:GE) or 18,514 shares. Parthenon Ltd Company holds 437,076 shares or 1.72% of its portfolio. Moreover, Harris Associate LP has 2.16% invested in General Electric Company (NYSE:GE). Millennium Lc has invested 0.06% in General Electric Company (NYSE:GE). Hollencrest Cap Management reported 121,275 shares stake. First Interstate Retail Bank owns 400,418 shares. Cornerstone Capital Mgmt Ltd Co reported 2.06 million shares stake. Halsey Associate Inc Ct owns 212,868 shares for 0.63% of their portfolio.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 101 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank downgraded the stock to “Sell” rating in Friday, May 12 report. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, July 10. RBC Capital Markets has “Buy” rating and $3500 target. maintained General Electric Company (NYSE:GE) on Monday, October 10 with “Buy” rating. As per Wednesday, March 28, the company rating was downgraded by DZ Bank. Bernstein maintained General Electric Company (NYSE:GE) rating on Tuesday, July 26. Bernstein has “Market Perform” rating and $34 target. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by RBC Capital Markets on Monday, April 23. The company was maintained on Monday, July 17 by Cowen & Co. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, February 26 by RBC Capital Markets. The firm has “Hold” rating by Oppenheimer given on Monday, June 12. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Cowen & Co on Monday, August 7.

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