Comerica (CMA) Earns "Hold" Rating from SunTrust Banks

Royal Bank of Canada reissued a buy rating and set a $82.00 price target on shares of Comerica in a research report on Friday, September 8th. At Bank owns 6,860 shares or 0.06% of their USA portfolio. Comerica Bancshares reported 0% of its portfolio in Team, Inc. The stock increased 1.10% or $0.96 during the last trading session, reaching $88.47.

The most recent open market insider trade was Sell of 3,200 shares on a day where the closing price was 75.07. Moreover, Mufg Americas has 0% invested in Comerica Incorporated (NYSE:CMA). It has outperformed by 37.37% the S&P500. (CMA) by 23.01% based on its latest 2017Q3 regulatory filing with the SEC. Dorsey Wright & Associates who had been investing in Nvidia Corp Com for a number of months, seems to be less bullish one the $130.53B market cap company. The Pzena Investment Management Llc holds 745,540 shares with $56.86 million value, down from 774,101 last quarter. About 326,048 shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since January 7, 2017 and is uptrending. It also increased its holding in Zimmer Hldgs Inc Com (ZMH) by 4,915 shares in the quarter, for a total of 37,940 shares, and has risen its stake in Waters Corp Com (NYSE:WAT). Love Judith S sold $1.46 million worth of stock or 21,000 shares.

Since August 22, 2017, it had 0 insider buys, and 3 sales for $3.10 million activity. About 1.30 million shares traded. With 619,700 avg volume, 1 days are for KATANGA MINING LTD (OTCMKTS:KATFF)'s short sellers to cover KATFF's short positions. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the company's stock. Therefore 47% are positive. RBC Capital Markets has "Buy" rating and $7800 target. The stock of Comerica Incorporated (NYSE:CMA) earned "Buy" rating by Stephens on Tuesday, July 18. CLSA upgraded the stock to "Outperformer" rating in Monday, March 14 report. On Tuesday, January 10 the stock rating was downgraded by Citigroup to "Sell". The stock of Comerica Incorporated (NYSE:CMA) has "Buy" rating given on Monday, December 4 by FBR Capital. BMO Capital Markets has "Hold" rating and $81.0 target. On Wednesday, November 30 the stock rating was maintained by Wedbush with "Neutral".

SunTrust Banks also issued estimates for Comerica's Q2 2018 earnings at $1.48 EPS, Q3 2018 earnings at $1.53 EPS, Q4 2018 earnings at $1.56 EPS, FY2018 earnings at $5.99 EPS and FY2019 earnings at $6.50 EPS. The company has a market capitalization of $12.09 billion, a P/E ratio of 25.74 and a beta of 1.43. IBM Retirement Fund purchased a new position in shares of Comerica during the 3rd quarter valued at approximately $200,000. Nomura boosted their target price on shares of Comerica from $74.00 to $86.00 and gave the stock a "neutral" rating in a research report on Monday, October 23rd. Janus Henderson Group PLC now owns 2,064,363 shares of the financial services provider's stock worth $151,194,000 after buying an additional 2,047,881 shares during the last quarter. Hancock Holding stated it has 0.06% of its portfolio in Comerica Incorporated (NYSE:CMA). Crestpoint Management Limited Co accumulated 0.29% or 8,600 shares. Blair William Il has invested 0.03% in Comerica Incorporated (NYSE:CMA). Of those holders, 232 had increased positions amounting to 15.84 million shares, 220 had decreased positions amounting to 16.07 million shares, and 95 holders have a held position accounting for 114.03 million shares.

Analysts await Comerica Incorporated (NYSE:CMA) to report earnings on January, 16 before the open. Franklin Resources Inc invested in 0.01% or 148,139 shares. The insider, MOORE CHRISTINE M, now holds 14,109 shares of CMA. Koshinski Asset Management invested 0.14% in Comerica Incorporated (NYSE:CMA). Valley Natl Advisers Inc accumulated 61 shares. Third Avenue Ltd Limited Liability Company invested in 847,570 shares.

SunTrust Banks upped their Q1 2018 earnings per share (EPS) estimates for Comerica in a note issued to investors on Monday. Cubist Systematic Strategies Ltd accumulated 2,991 shares. CMA's profit will be $215.65M for 18.31 P/E if the $1.24 EPS becomes a reality. After $1.27 actual earnings per share reported by Comerica Incorporated for the previous quarter, Wall Street now forecasts -2.36 % negative EPS growth. Wealthtrust holds 0.03% in American Tower Corporation (NYSE:REIT) or 430 shares. The ex-dividend date was Thursday, December 14th. 19,500 shares were sold by Corson Bradley W, worth $1.62M. REEVE PAMELA D A sold $717,450 worth of American Tower Corporation (NYSE:REIT) on Thursday, August 24. Therefore 94% are positive. Comerica Inc had 109 analyst reports since July 20, 2015 according to SRatingsIntel. The stock has "Hold" rating by Piper Jaffray on Friday, September 1. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) rating on Friday, April 28.

Among 18 analysts covering American Tower Corporation (NYSE:AMT), 17 have Buy rating, 0 Sell and 1 Hold. As per Friday, January 5, the company rating was upgraded by Instinet. Jefferies maintained it with "Hold" rating and $52 target in Tuesday, July 21 report. The company was upgraded on Wednesday, September 6 by UBS. RBC Capital Markets has "Outperform" rating and $145 target. The firm earned "Underperform" rating on Wednesday, June 29 by Bank of America. It also reduced its holding in Bottomline Technologies (De) (NASDAQ:EPAY) by 113,230 shares in the quarter, leaving it with 440,321 shares, and cut its stake in Unilever Nv Adr (NYSE:UN). Ishares Floating Rate Bond Etf (FLOT) was reduced too. The firm now has $106.00 target price on the financial services provider's stock, up from their previous target price of $86.00. Stockholders of record on Friday, December 15th were paid a dividend of $0.30 per share.

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