First Mercantile Trust Co Stake in Us Bancorp (USB) Decreased as Shares Declined

June 27, 2018 - By Alex Paulin

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 fall. 370 grew stakes while 95 funds amassed stakes. Funds hold 1.17 billion shares thus 1.27% less from 2017Q4’s 1.18 billion shares. Culbertson A N holds 42,679 shs or 0.64% of its capital. Mariner Wealth holds 0.09% or 28,742 shs. Next Fincl Gru has invested 0.06% in U.S. Bancorp (NYSE:USB). 33,302 are owned by Numerixs Investment Technology Inc. Genesee Valley Trust has invested 0.47% in U.S. Bancorp (NYSE:USB). Adirondack Trust Company stated it has 3,465 shs. Dana Advsr reported 12,205 shs. Jefferies Group Llc has 325,238 shs. Cap Advsr Ltd Company holds 0.01% or 355 shs in its capital. 81,087 were reported by Portland Limited Liability Com. Cohen Cap Mgmt Inc holds 0.06% of its capital in U.S. Bancorp (NYSE:USB) for 5,000 shs. 396,695 are owned by Natixis Advisors Limited Partnership. 157,513 were accumulated by Stephens Ar. Thompson Rubinstein Inv Management Or holds 0.41% or 24,037 shs in its capital. Mairs & Pwr holds 6.69M shs or 4.17% of its capital.

USB had 5 sales and 0 insider purchases since February 20, 2018. This’s net activity of $9.81 million. $1.10M worth of U.S. Bancorp (NYSE:USB) was sold by Kelligrew James B. On Friday, February 23 Elmore John R. also sold $1.10 million worth of U.S. Bancorp (NYSE:USB). The insider Parker P.W. sold 98,485 shs worth $5.51M. On Friday, February 23 Shares for $1.35 million were sold by GODRIDGE LESLIE V.

Based on the latest 2018Q1 regulatory filing with the SEC, First Mercantile Trust Co decreased its holdings in Us Bancorp (USB) by 85.04%. By selling 64,210 shares First Mercantile Trust Co made the stock sank with 9.49%. 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 . Us Bancorp has $82.35 billion MC. The stock decreased 0.12% or $0.06 during the last trading session, touching $50.14.Currently U.S. Bancorp is downtrending after 2.38% change in last June 27, 2017. USB has also 1.75 million shares volume. USB underperformed by 14.95% the S&P500.

For a total of 36,576 shares it increased its holding in Chubb Ltd by 26,796 shares in the quarter, and has risen its stake in Medtronic Plc (NYSE:MDT).

U.S. Bancorp (NYSE:USB)’s earnings release is expected by WallStreet on July, 18, as reported by Faxor. Analysts predict $1.00 EPS, which is $0.15 up or 17.65 % from 2017’s $0.85 EPS. USB’s profit could hit $1.64B with 12.54 P/E in case $1.00 EPS is published. 5.26 % EPS growth is what analysts predict. $0.95 EPS was published for last 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”. 50% are bullish. 22 are the (NYSE:USB)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Friday, February 2 the stock of U.S. Bancorp (NYSE:USB) earned “Underweight” rating by Morgan Stanley. On Friday, May 11 the firm has “Buy” rating by Citigroup given. On Thursday, April 19 the company was maintained by Morgan Stanley. On Wednesday, April 18 the firm has “Buy” rating given by Jefferies. On Wednesday, April 4 the firm has “Hold” rating by Keefe Bruyette & Woods given. In Thursday, January 25 report Deutsche Bank upgraded the stock to “Buy” rating. In Wednesday, April 18 report Keefe Bruyette & Woods maintained it with “Hold” rating and $5400 target. On Thursday, January 4 Susquehanna maintained U.S. Bancorp (NYSE:USB) rating. Susquehanna has “Hold” rating and $56.0 target. On Friday, January 5 the stock has “Overweight” rating by PiperJaffray. On Monday, March 26 Robert W. Baird upgraded the shares of USB in report to “Buy” rating.

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

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