Us Bancorp (USB) Shareholder First Mercantile Trust Co Decreased Its Stake by $3.21 Million

June 27, 2018 - By Michael Lund

U.S. Bancorp (NYSE:USB) Corporate LogoBig Money Sentiment decreased to 0.87 in 2018 Q1. It has change of 0.09, from 2017Q4’s 0.96. The ratio turned negative due to USB positioning: 67 sold and 470 reduced. 95 funds took holdings and 370 increased holdings. Investors holded 1.18 billion in 2017Q4 but now own 1.17 billion shares or 1.27% less. Maltese Cap Mngmt Ltd Liability Corporation holds 600,000 shs. Bb&T Corp reported 520,340 shs stake. Madison Invest holds 2.00M shs. Moreover, L & S has 0.16% invested in U.S. Bancorp (NYSE:USB) for 16,700 shs. Tru Co Of Virginia Va has invested 1.33% of its capital in U.S. Bancorp (NYSE:USB). Jpmorgan Chase And reported 14.51M shs or 0.16% of all its holdings. The Ohio-based Farmers has invested 1.27% in U.S. Bancorp (NYSE:USB). Old Natl Bancorp In stated it has 0.04% in U.S. Bancorp (NYSE:USB). Tcw Grp reported 55,567 shs. Moreover, Leisure Capital Mgmt has 0.26% invested in U.S. Bancorp (NYSE:USB) for 5,850 shs. Tortoise Invest Lc owns 1,629 shs or 0.02% of their US capital. Country Club Trust Na reported 0.12% of its capital in U.S. Bancorp (NYSE:USB). Blair William & Il reported 209,390 shs stake. Argi Svcs Limited Liability invested 0.07% of its capital in U.S. Bancorp (NYSE:USB). Norris Perne French Limited Liability Partnership Mi invested in 9,656 shs or 0.07% of the stock.

USB had 5 sales and 0 insider buys since February 20, 2018. This’s net activity of $9.81 million. Elmore John R. sold $1.10M worth of U.S. Bancorp (NYSE:USB) on Friday, February 23. On Friday, February 23 24,500 shs were sold by GODRIDGE LESLIE V, worth $1.35M. $5.51M worth of U.S. Bancorp (NYSE:USB) was sold by Parker P.W.. The insider von Gillern Jeffry H. sold $750,528.

In Us Bancorp (USB) was decreased the stake owned by First Mercantile Trust Co. The reduction is 85.04% according to 2018Q1 SEC filling. The company’s stock sank 9.49% while 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 . $82.35 billion is the market cap of Us Bancorp. The stock decreased 0.12% or $0.06 during the last trading session, hitting $50.14.Currently U.S. Bancorp is downtrending after 2.38% change in last June 27, 2017. USB has also 1.75M shares volume. USB underperformed by 14.95% the S&P500.

For a total of 27,730 shares it increased its holding in Pnc Financial Services Group (NYSE:PNC) by 25,330 shares in the quarter, and has risen its stake in Medtronic Plc (NYSE:MDT).

On July, 18. Investors wait U.S. Bancorp (NYSE:USB) to reveal its quarterly earnings, according to Zacks. Last year’s EPS was $0.85, while now analysts expect change of 17.65 % up from current $1.00 EPS. USB’s profit could be $1.64 billion with 12.54 P/E in case $1.00 EPS is reported. Last quarter $0.95 EPS was reported. Analysts forecasts 5.26 % EPS growth this quarter.

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

In total 14 analysts cover US Bancorp (NYSE:USB). “Buy” rating has 7, “Sell” are 3, while 4 are “Hold”. (NYSE:USB) has 50% bullish analysts. 22 are the (NYSE:USB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, March 27 the rating was maintained by Sandler O’Neill with “Hold”. On Friday, January 5 the firm has “Overweight” rating given by PiperJaffray. On Friday, May 11 the stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given by Citigroup. On Friday, February 2 the stock of U.S. Bancorp (NYSE:USB) has “Underweight” rating given by Morgan Stanley. On Wednesday, January 17 the rating was maintained by Sandler O’Neill with “Hold”. On Wednesday, January 31 the stock of U.S. Bancorp (NYSE:USB) has “Sell” rating given by J.P. Morgan. On Wednesday, January 31 the company was downgraded by JP Morgan. On Wednesday, April 4 the stock of U.S. Bancorp (NYSE:USB) earned “Hold” rating by Keefe Bruyette & Woods. On Thursday, January 25 the firm earned “Buy” rating by Deutsche Bank. On Wednesday, April 18 the firm has “Buy” rating given by Piper Jaffray.

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

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