The Comerica Incorporated (CMA) Given Average Rating of "Hold" by Analysts

It increased, as 22 investors sold Comerica Incorporated shares while 145 reduced holdings.

Amalgamated Comml Bank invested in 19,854 shares or 0.05% of the stock. Daiwa Sb Investments owns 130 shares.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Comerica by 6.7% during the 2nd quarter. TrimTabs Asset Management LLC purchased a new stake in shares of Comerica during the first quarter worth about $111,000. Deutsche Bank AG upped their price objective on shares of Comerica to $74.00 and gave the stock a "hold" rating in a report on Wednesday, April 19th. Signature Estate & Investment Advisors LLC increased its holdings in shares of Comerica by 15.7% in the third quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 2,307 shares of the financial services provider's stock worth $159,000 after buying an additional 8 shares during the period. Cookson Peirce invested in 273,419 shares or 2.26% of the stock. Norinchukin Bank The grew its position in Comerica by 357.8% in the third quarter. Qs Ltd Llc reported 2,312 shares. Company insiders own 1.60% of the company's stock.

Profund Advisors Limited Com invested 0.02% in Comerica Incorporated (NYSE:CMA). Vanguard Group Inc. now owns 18,161,488 shares of the financial services provider's stock valued at $1,330,147,000 after purchasing an additional 1,142,275 shares during the period. The stock of Comerica Incorporated (NYSE:CMA) has "Underperform" rating given on Monday, October 19 by BMO Capital Markets. The company has market cap of $14.60 billion. Comerica Inc now has $14.59B valuation. Raymond James & owns 0% invested in Comerica Incorporated (NYSE:CMA) for 23,801 shares. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.23 by $0.03. Comerica had a net margin of 16.00% and a return on equity of 6.92%. The business had revenue of $821.00 million for the quarter, compared to analyst estimates of $812.83 million.

Analysts await Comerica Incorporated (NYSE:CMA) to report earnings on January, 16.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 1st. Investors of record on Thursday, June 15th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Thursday, December 14th. Comerica's dividend payout ratio (DPR) is presently 27.15%. The stock was sold at an average price of $75.08, for a total transaction of $345,067.68. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Christine M. Moore sold 3,200 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $75.07, for a total transaction of $240,224.00. The disclosure for this sale can be found here. Commercial Bank Of Hawaii accumulated 4,820 shares. The firm earned "Outperform" rating on Wednesday, January 20 by RBC Capital Markets. Keefe, Bruyette & Woods restated a "buy" rating and set a $79.00 price target on shares of Comerica in a report on Friday, September 22nd. JPMorgan Chase & Co. now owns 5,040,167 shares of the financial services provider's stock worth $369,142,000 after purchasing an additional 919,333 shares in the last quarter. Sanford C. Bernstein reiterated a "market perform" rating and set a $80.00 target price (up previously from $78.00) on shares of Comerica in a research report on Saturday, September 16th. Finally, Wells Fargo & Company began coverage on Comerica in a report on Wednesday, August 9th. The company was maintained on Tuesday, October 17 by RBC Capital Markets. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. California-based Signature Est And Limited Liability Co has invested 0.07% in Comerica Incorporated (NYSE:CMA). If you are reading this article on another domain, it was illegally copied and republished in violation of USA & worldwide copyright laws. Comerica (NYSE:CMA) last posted its quarterly earnings data on Tuesday, April 18th.

Comerica Incorporated is a financial services company. The Company's principal activity is lending to and accepting deposits from businesses and individuals. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management. The Business Bank segment offers various services and products, such as commercial loans and lines of credit, deposits, cash management, capital market products, global trade finance, letters of credit, foreign exchange management, and loan syndication services to middle market businesses, multinational firms, and governmental entities.