*First Mercantile Trust Co Continues to Hold Stake in Us Bancorp (USB)

June 27, 2018 - By Andre Harris

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 worsened. 370 grew positions while 95 funds amassed positions. Funds hold 1.17 billion shares thus 1.27% less from 2017Q4’s 1.18 billion shares. Clarkston Capital Ltd Liability has 0.83% invested in U.S. Bancorp (NYSE:USB). Andra Ap accumulated 0.16% or 125,200 shs. Balyasny Asset Mngmt Limited Com, Illinois-based fund reported 508,021 shs. Beese Fulmer Invest Mngmt stated it has 5,310 shs or 0.06% of all its holdings. Pictet Asset Mgmt reported 0.12% of its capital in U.S. Bancorp (NYSE:USB). Pictet & Cie (Europe) Sa reported 9,550 shs or 0.08% of all its holdings. Miracle Mile Advsr Lc holds 53,100 shs. National Bank Of The West reported 0.04% stake. Fuller & Thaler Asset Mgmt holds 0% or 1,600 shs in its capital. First Bankshares accumulated 43,954 shs. Zwj Invest Counsel Inc accumulated 311,986 shs. Bath Savings Tru Co invested 0.1% of its capital in U.S. Bancorp (NYSE:USB). Shell Asset Mgmt Co holds 386,155 shs. Cullen Frost Bankers holds 76,786 shs or 0.11% of its capital. Parametric Assoc Limited Co has 4.64 million shs for 0.23% of their capital.

USB registered $9.81 million net activity with 0 buys and 5 sales since February 20, 2018. On Friday, February 23 Shares for $1.10M were sold by Elmore John R.. Parker P.W. sold $5.51M worth of stock. On Friday, February 23 Kelligrew James B sold $1.10 million worth of U.S. Bancorp (NYSE:USB). von Gillern Jeffry H. also sold $750,528 worth of U.S. Bancorp (NYSE:USB) shs.

First Mercantile Trust Co decreased its holdings by 85.04% in Us Bancorp (USB), according to 2018Q1 SEC form. By selling 64,210 shares First Mercantile Trust Co made the stock sank with 9.49%. The institutional investor is holding 11,300 shares, compared to the 75,510 from the previous quarter. And the announced value of the major banks company is $571,000 for the 2018Q1. $82.35 billion is the market cap of Us Bancorp. Ticker’s shares touched $50.14 during the last trading session after 0.12% change.Currently U.S. Bancorp is downtrending after 2.38% change in last June 27, 2017. USB has also 1.75M shares volume. USB underperformed the S&P 500 by 14.95%.

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 Bristol Myers Squibb Co (NYSE:BMY).

U.S. Bancorp (NYSE:USB)’s earnings report is anticipated on July, 18., RTT reports. Analysts forecast $1.00 earnings per share, which is $0.15 up or 17.65 % from 2017’s $0.85 earnings per share. If USB’s EPS is $1.00 the profit will hit $1.64B for 12.54 P/E. After $0.95 earnings per share was reported last quarter, analysts now see EPS growth of 5.26 % for U.S. Bancorp.

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 Tuesday, April 3 Edward Jones downgraded the shares of USB in report to “Hold” rating. On Friday, January 5 the company was upgraded by PiperJaffray. The company rating was maintained by Robert W. Baird on Tuesday, January 2. On Wednesday, April 18 the firm has “Buy” rating by Piper Jaffray given. In Thursday, April 19 report Morgan Stanley maintained it with “Underweight” rating and $57 target. On Wednesday, January 17 the firm earned “Hold” rating by Sandler O’Neill. On Thursday, January 25 Deutsche Bank upgraded U.S. Bancorp (NYSE:USB) rating. Deutsche Bank has “Buy” rating and $63.0 target. On Wednesday, April 18 Jefferies maintained the shares of USB in report with “Buy” rating. On Wednesday, January 31 the rating was downgraded by JP Morgan to “Underweight”. On Wednesday, April 18 the company was maintained by Keefe Bruyette & Woods.

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

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