Warren Averett Asset Management LLC Sells 1258 Shares of US Bancorp (USB)

Leslie Hanson
May 15, 2018

The investment managers in our database now hold: 6.14 million shares, down from 6.17 million shares in 2017Q3. Also, the number of funds holding Muniyield California Insured Fund Inc in top ten equity positions was flat from 0 to 0 for the same number. Lenox Wealth reported 0.03% in U.S. Bancorp (NYSE:USB).

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -3.33%, and has a solid year to date (YTD) performance of -3.88% which means that the stock is constantly adding to its value from the previous fiscal year end price. Vigilant Capital Mgmt Ltd Co has invested 3.12% of its portfolio in U.S. Bancorp (NYSE:USB).

Shares of First Bancorp stock traded down $0.59 during trading on Friday, hitting $38.69. About 2.57M shares traded. U.S. Bancorp had a return on equity of 14.20% and a net margin of 26.39%. It has underperformed by 16.03% the S&P500. The stock decreased 2.85% or $0.48 during the last trading session, reaching $16.4. BlackRock MuniYield California Quality Fund, Inc. Since May 13, 2017 USB has declined 4.48% and is downtrending. X Mgmt Comm Lc holds 20,525 shares or 0.03% of its portfolio. Apriem Advisors owns 82,906 shares or 0.3% of their U.S. portfolio. Comparatively, USB posted earnings of $0.96 per share in the same quarter, a year earlier. The Colorado-based Advisors Asset Management Inc. has invested 0.07% in the stock. Forward Llc reported 28,711 shares. 247Wallst.com's article titled: "US Bancorp May Have a Serious Valuation Issue" and published on April 19, 2018 is yet another important article. Parker P.W. had sold 98,485 shares worth $5.51M. GODRIDGE LESLIE V sold $1.35M worth of U.S. Bancorp (NYSE:USB) or 24,500 shs on Friday, February 23.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.07, from 0.89 in 2017Q3.


According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.7 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. 118 funds amassed holdings and 361 increased holdings. Janney Montgomery Scott Ltd Limited Liability Company owns 103,626 shares. Rhumbline Advisers owns 2.87M shares for 0.31% of their portfolio. WI now owns 255,674 shares of the financial services provider's stock valued at $12,912,000 after acquiring an additional 4,265 shares during the period. Six analysts have issued estimates for U.S. Bancorp's earnings, with the lowest EPS estimate coming in at $0.90 and the highest estimate coming in at $0.97. Wesbanco Natl Bank Incorporated holds 185,180 shares or 0.67% of its portfolio. Grantham Mayo Van Otterloo & Co Llc who had been investing in Us Bancorp Del for a number of months, seems to be bullish on the $84.29B market cap company. Stockholders of record on Thursday, March 29th were given a dividend of $0.30 per share. Cubist Systematic Strategies Ltd has invested 0.42% in U.S. Bancorp (NYSE:USB). In the last ninety days, insiders have sold 168,016 shares of company stock worth $9,356,775. L S Advsr stated it has 16,875 shs or 0.14% of all its holdings. LTD. purchased a new position in U.S. Bancorp during the 3rd quarter valued at approximately $12,216,000. Nomura Holding reported 129,500 shares. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. U.S. Bancorp has been given an analysts' mean target of 58.56. Therefore 47% are positive.

Several equities analysts recently issued reports on the company. The firm earned "Buy" rating on Wednesday, July 22 by Canaccord Genuity. Sandler O'Neill maintained U.S. Bancorp (NYSE:USB) on Wednesday, April 18 with "Hold" rating. PiperJaffray upgraded the stock to "Overweight" rating in Friday, January 5 report. Edward Jones reissued a "hold" rating on shares of U.S. Bancorp in a report on Tuesday, April 3rd. The firm earned "Hold" rating on Thursday, April 20 by Rafferty. In a report sent out on Monday, September 25th, 2017, Susquehanna Reiterated the stock rating on CNX Resources Corporation to a Neutral. Zacks Investment Research's earnings per share calculations are an average based on a survey of sell-side analysts that cover U.S. Bancorp. Wells Fargo has "Market Perform" rating and $56 target.

Mar Vista Investment Partners Llc increased Schlumberger Ltd (NYSE:SLB) stake by 5,026 shares to 1.08M valued at $72.68M in 2017Q4. It also reduced its holding in Unitedhealth Group Inc (NYSE:UNH) by 210,519 shares in the quarter, leaving it with 2.66M shares, and cut its stake in Chevron Corp New (NYSE:CVX). Johnson & Johnson (NYSE:JNJ) was raised too.

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