Us Bancorp (USB) Shares Declined While First Mercantile Trust Co Decreased Stake by $3.21 Million

June 27, 2018 - By Ashley Bratcher

U.S. Bancorp (NYSE:USB) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.87. That’s change of 0.09, from 2017Q4’s 0.96. 67 investors sold all, 470 reduced holdings as USB ratio dived. 370 grew positions while 95 funds took positions. Funds hold 1.17 billion shares thus 1.27% less from 2017Q4’s 1.18 billion shares. Manufacturers Life The holds 0.29% or 5.13 million shs in its capital. Tdam Usa Inc reported 0.81% in U.S. Bancorp (NYSE:USB). Moreover, Meristem Llp has 2.8% invested in U.S. Bancorp (NYSE:USB). Vantage Advisors Limited Co invested 0.02% of its capital in U.S. Bancorp (NYSE:USB). Segall Bryant And Hamill Ltd Limited Liability Company has 0.09% invested in U.S. Bancorp (NYSE:USB) for 77,405 shs. Moreover, Confluence Wealth Mngmt Lc has 1.35% invested in U.S. Bancorp (NYSE:USB). Mutual Of Omaha Bancorporation Wealth Mgmt reported 8,096 shs. 4,666 were reported by Sabal Tru. Johnson Invest Counsel invested 1.18% of its capital in U.S. Bancorp (NYSE:USB). Klingenstein Fields & Limited stated it has 4,123 shs or 0.01% of all its holdings. Marshall Wace Llp owns 0.01% invested in U.S. Bancorp (NYSE:USB) for 6,647 shs. Fmr Limited Liability invested 0.29% of its capital in U.S. Bancorp (NYSE:USB). Northern Tru stated it has 19.73M shs or 0.26% of all its holdings. Berkshire Asset Management Limited Liability Pa stated it has 69,852 shs. Parkside Fin State Bank Tru reported 7,646 shs or 0.15% of all its holdings.

USB had 5 sales and 0 buys since February 20, 2018. This’s net activity of $9.81 million. On Friday, February 23 Elmore John R. had sold 20,000 shs worth $1.10 million. Shares for $1.35 million were sold by GODRIDGE LESLIE V on Friday, February 23. $5.51 million worth of U.S. Bancorp (NYSE:USB) shs were sold by Parker P.W.. Kelligrew James B had sold 20,000 shs worth $1.10M.

First Mercantile Trust Co decreased its holdings by 85.04% in Us Bancorp (USB), according to 2018Q1 Securities and Exchange filling. The company’s stock declined 9.49% with the market as First Mercantile Trust Co sold 64,210 shares. The major banks company at the end of 2018Q1 was valued at $571,000. It’s down from 75,510 at the end of the previous reported quarter. Now it had 11,300 shares held by the institutional investor . $82.35B is the market cap of Us Bancorp. USB is reaching $50.14 during the last trading session, after decreased 0.12%.U.S. Bancorp has volume of 1.75 million shares. Since June 27, 2017 USB has declined 2.38% and is downtrending. USB underperformed the S&P500 by 14.95%.

First Mercantile Trust Co has risen its stake in Bristol Myers Squibb Co (NYSE:BMY) and also increased its holding in Chubb Ltd by 26,796 shares in the quarter, for a total of 36,576 shares.

U.S. Bancorp (NYSE:USB)’s earnings report is anticipated on July, 18., RTT reports. Analysts predict 17.65 % diference or $1.00 from the $0.85 EPS from 2017. If the current earnings per share of $1.00 is accurate, USB’s profit could reach $1.64 billion. After $0.95 EPS report previous quarter, Wall Street now forecasts 5.26 % EPS growth of U.S. Bancorp.

U.S. Bancorp (NYSE:USB) Ratings Coverage

Total analysts of 14 have positions in US Bancorp (NYSE:USB) as follows: 7 rated it a “Buy”, 3 with “Sell” and 4 with “Hold”. The positive are 50%. Since January 2, 2018 according to StockzIntelligence Inc US Bancorp has 22 analyst reports. The company rating was maintained by Susquehanna on Thursday, January 4. On Thursday, April 19 the rating was maintained by Morgan Stanley with “Underweight”. The stock rating was maintained by Jefferies with “Buy” on Wednesday, April 18. On Tuesday, April 3 Edward Jones downgraded the shares of USB in report to “Hold” rating. On Wednesday, April 4 the rating was maintained by Keefe Bruyette & Woods with “Hold”. On Monday, March 26 the firm has “Buy” rating by Robert W. Baird given. On Monday, January 8 the stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given by Jefferies. On Wednesday, April 18 Susquehanna maintained the shares of USB in report with “Hold” rating. The stock rating was maintained by Robert W. Baird with “Hold” on Tuesday, January 2. On Wednesday, January 31 J.P. Morgan downgraded U.S. Bancorp (NYSE:USB) rating. J.P. Morgan has “Sell” rating and $58.5 target.

U.S. Bancorp (NYSE:USB) Institutional Investors Chart

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