Confluence Investment Management Has Boosted By $974,050 Its Commerce Bancshares (CBSH) Holding; Shorts at Xpresspa Group (XSPA) Raised By 15.14%

Commerce Bancshares, Inc. (NASDAQ:CBSH) Logo

Confluence Investment Management Llc increased Commerce Bancshares Inc. (CBSH) stake by 6.25% reported in 2017Q4 SEC filing. Confluence Investment Management Llc acquired 17,710 shares as Commerce Bancshares Inc. (CBSH)’s stock rose 3.47%. The Confluence Investment Management Llc holds 300,985 shares with $16.81 million value, up from 283,275 last quarter. Commerce Bancshares Inc. now has $6.30B valuation. The stock decreased 0.08% or $0.05 during the last trading session, reaching $58.9. About 455,314 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 12.72% since April 10, 2017 and is uptrending. It has outperformed by 1.17% the S&P500.

Xpresspa Group Inc (NASDAQ:XSPA) had an increase of 15.14% in short interest. XSPA’s SI was 933,900 shares in April as released by FINRA. Its up 15.14% from 811,100 shares previously. With 436,700 avg volume, 2 days are for Xpresspa Group Inc (NASDAQ:XSPA)’s short sellers to cover XSPA’s short positions. The SI to Xpresspa Group Inc’s float is 4.46%. It closed at $0.67 lastly. It is down 60.98% since April 10, 2017 and is downtrending. It has underperformed by 72.53% the S&P500.

Among 9 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 2 Sell and 7 Hold. Therefore 0 are positive. Commerce Bancshares has $62.0 highest and $40 lowest target. $56.17’s average target is -4.63% below currents $58.9 stock price. Commerce Bancshares had 32 analyst reports since October 15, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, August 11 by Jefferies. Stephens maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Friday, January 19 with “Hold” rating. The company was maintained on Tuesday, October 10 by Jefferies. The firm has “Sell” rating by Keefe Bruyette & Woods given on Monday, June 12. Barclays Capital maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Tuesday, January 2 with “Hold” rating. Wells Fargo initiated the stock with “Market Perform” rating in Friday, January 6 report. Piper Jaffray maintained the stock with “Hold” rating in Thursday, January 18 report. On Thursday, August 10 the stock rating was downgraded by Raymond James to “Underperform”. As per Tuesday, February 27, the company rating was upgraded by Wood. As per Monday, July 11, the company rating was initiated by Piper Jaffray.

Since October 26, 2017, it had 0 insider buys, and 22 insider sales for $22.29 million activity. Another trade for 7,315 shares valued at $419,741 was sold by KEMPER DAVID W. The insider KEMPER JONATHAN M sold 78,359 shares worth $4.50M. KIM CHARLES G had sold 5,963 shares worth $348,209 on Monday, February 12. 1,168 shares valued at $67,744 were sold by FOSTER SARA E on Monday, February 12. The insider PETRIE MICHAEL J sold $36,374. 164 shares were sold by Roller David L., worth $9,863 on Wednesday, March 7. $174,034 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by Callahan Daniel D..

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. Td Asset Management has 43,206 shares for 0% of their portfolio. Profund Advsrs Lc reported 0.03% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Panagora Asset Inc has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Credit Suisse Ag reported 106,171 shares stake. Kansas-based Creative Planning has invested 0.03% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Shelton Capital Management invested 0.02% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Regions Fin holds 0.01% or 13,615 shares in its portfolio. New York-based Mutual Of America Cap Ltd has invested 0.06% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Balyasny Asset Llc reported 0.12% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Ogorek Anthony Joseph New York Adv has invested 0.01% in Commerce Bancshares, Inc. (NASDAQ:CBSH). 157,681 are owned by California State Teachers Retirement System. Plancorp Ltd stated it has 0.25% in Commerce Bancshares, Inc. (NASDAQ:CBSH). M&T Bank & Trust Corporation invested in 0% or 4,367 shares. Beck Mack And Oliver Ltd Liability Co stated it has 22,552 shares or 0.04% of all its holdings. Massmutual Tru Fsb Adv owns 6,602 shares.

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