US Bancorp (NYSE:USB) Stock Rating Reaffirmed by Vining Sparks

Angelo Anderson
April 17, 2018

The stock increased 5.73% or $0.275 during the last trading session, reaching $5.075. About 21.75 million shares traded. (NASDAQ:JCOM) has declined 7.68% since April 15, 2017 and is downtrending. It has underperformed by 65.90% the S&P500. The third largest holder is Berkshire Hathaway Inc, which now holds $4.46 billion worth of this stock and that ownership represents almost 5.22% of its market capitalization. The institutional investor held 1,000 shares of the major banks company at the end of 2017Q4, valued at $54,000, down from 7,559 at the end of the previous reported quarter. D-Scott Neal Inc who had been investing in Us Bancorp Del for a number of months, seems to be less bullish one the $84.11 billion market cap company. The stock is trading away to its 50-day and 200-day moving averages by -4.33% and -4.64%, respectively. The company's stock had a trading volume of 5,399,324 shares, compared to its average volume of 6,957,740. Deutsche Bank upgraded U.S. Bancorp from a "hold" rating to a "buy" rating and boosted their target price for the stock from $60.00 to $63.00 in a report on Thursday, January 25th. It has underperformed by 16.03% the S&P500. Baltimore invested in 1.2% or 106,629 shares. It has change of 0.07, from 2017Q3's 0.89. It also reduced its holding in Markel Corp. 151 funds opened positions while 383 raised stakes. Bnp Paribas Arbitrage Sa stated it has 640,743 shares or 0.06% of all its holdings. 26,750 are held by Aurora Investment Counsel. Independent Investors invested in 0.61% or 90,513 shares. Greenleaf invested in 0.18% or 169,809 shs. 136,510 were accumulated by Meiji Yasuda Asset Management. (NASDAQ:AAPL) for 4,126 shares. Westpac Banking has 109,382 shares for 0.13% of their portfolio. Ameriprise Inc accumulated 5.04 million shares or 0.12% of the stock. Banque Pictet & Cie owns 92,048 shares. Corbyn Mgmt Md stated it has 113,597 shares. Wetherby Asset Management, a California-based fund reported 35,902 shares. Wright Investors Serv Incorporated holds 53,214 shs. Loomis Sayles Limited Partnership stated it has 83,254 shares or 0.01% of all its holdings. The insider FAY SARAH ANN bought 296 shares worth $24,904. Amf Pensionsforsakring Ab accumulated 1.16 million shares.

Cliftonlarsonallen Wealth Advisors Llc, which manages about $2.03B and $973.02M US Long portfolio, decreased its stake in Ishares Tr (HYG) by 14,413 shares to 147,755 shares, valued at $12.89 million in 2017Q4, according to the filing.

Among 40 analysts covering Citigroup Inc. Therefore 33% are positive. The rating was upgraded by Guggenheim to "Buy" on Friday, August 28. Comerica Bank now owns 511,067 shares of the financial services provider's stock valued at $26,417,000 after buying an additional 12,107 shares during the last quarter. The firm has "Hold" rating given on Wednesday, April 4 by Keefe Bruyette & Woods. JP Morgan has "Neutral" rating and $50 target. UBS maintained the shares of TGT in report on Thursday, November 19 with "Neutral" rating.

Taking a look at the current stock price for Franklin Resources, Inc. BMO Capital Markets maintained Apple Inc. As per Wednesday, October 18, the company rating was maintained by Piper Jaffray. On Thursday, January 4 the rating was maintained by Susquehanna with "Hold". 98,485 shares were sold by Parker P.W., worth $5.51 million. 24,500 shares were sold by GODRIDGE LESLIE V, worth $1.35M. von Gillern Jeffry H. had sold 13,641 shares worth $750,528 on Friday, February 23. The shares were sold at an average price of $55.95, for a total value of $5,510,235.75.

Investors sentiment increased to 0.96 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. A company with a high P/E ratio usually indicated positive future performance and investors are willing to pay more for this company's shares.


A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business.

U.S. Bancorp (NYSE:USB) marched up 3.92% compared to a 52-week low price of $49.03. Vestor Cap Limited Liability Com has 227,062 shares. Berkshire Hathaway holds 2.44% or 87.06M shares in its portfolio. Finally, Lockheed Martin Investment Management Co. purchased a new stake in shares of U.S. Bancorp during the 3rd quarter worth approximately $2,562,000.

HM Payson & Co. acquired a new position in shares of U.S. Bancorp (NYSE:USB) during the 4th quarter, according to its most recent 13F filing with the SEC. Grassi has invested 0.07% in U.S. Bancorp (NYSE:USB). Moreover, Edgar Lomax Va has 2.1% invested in U.S. Bancorp (NYSE:USB) for 573,556 shares. Deprince Race Zollo Inc holds 396,829 shares. Morgan Stanley lowered shares of U.S. Bancorp from an "equal weight" rating to an "underweight" rating in a report on Tuesday, January 31st. Trexquant LP holds 0.57% in U.S. Bancorp (NYSE:USB) or 96,812 shs.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. Greylin Investment Mangement holds 0.44% or 116,395 shares. Broadview Advisors Limited Liability Corp invested in 0.13% or 16,800 shares. Target Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. First City Cap Management Inc holds 0.66% in 3M Company (NYSE:MMM) or 4,128 shares. USB's profit will be $1.55 billion for 13.55 P/E if the $0.94 EPS becomes a reality. This can be done using 8-K and 10-K SEC reports, along with annual and quarterly conference calls. Summit Equities Inc owns 430,770 shares or 3.12% of their United States portfolio.

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