It’s been a crucial week for U.S. Bancorp (NYSE:USB); here’s what analysts have to say.

January 22, 2018 - By Dolores Ford

 It's been a crucial week for U.S. Bancorp (NYSE:USB); here's what analysts have to say.
Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It fall, as 61 investors sold U.S. Bancorp shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported.
Prospector Ptnrs Limited Com has invested 1.55% in U.S. Bancorp (NYSE:USB). Reliance Trust Of Delaware reported 32,318 shares. State Of Alaska Department Of Revenue invested in 28,117 shares or 0.08% of the stock. Park Oh has 1.92% invested in U.S. Bancorp (NYSE:USB) for 625,900 shares. Virginia Retirement System Et Al stated it has 0.05% of its portfolio in U.S. Bancorp (NYSE:USB). Alecta Pensionsforsakring Omsesidigt invested in 1.24% or 2.69 million shares. 368,026 are held by Proshare Ltd Liability. 4,354 are held by Marble Harbor Inv Counsel Ltd Liability Co. Howland Capital Mgmt Ltd Llc accumulated 76,486 shares. Boys Arnold And Communication invested in 0.57% or 66,179 shares. Hudson Valley Inv Advsr Adv reported 0.2% of its portfolio in U.S. Bancorp (NYSE:USB). 377,409 were reported by Ariel Ltd Liability Com. Horan Mgmt owns 2.22% invested in U.S. Bancorp (NYSE:USB) for 198,995 shares. California-based Tarbox Family Office has invested 1.27% in U.S. Bancorp (NYSE:USB). Bryn Mawr Trust accumulated 150,854 shares or 0.46% of the stock.

Since August 9, 2017, it had 0 buys, and 1 sale for $15,927 activity.

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

Among 31 analysts covering U.S. Bancorp (NYSE:USB), 8 have Buy rating, 2 Sell and 21 Hold. Therefore 26% are positive. U.S. Bancorp had 80 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by Portales Partners on Tuesday, August 25. On Thursday, October 20 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of U.S. Bancorp (NYSE:USB) earned “Sector Perform” rating by RBC Capital Markets on Friday, January 22. The rating was maintained by Jefferies with “Buy” on Friday, September 15. Bank of America downgraded U.S. Bancorp (NYSE:USB) rating on Monday, October 2. Bank of America has “Sell” rating and $54.0 target. On Wednesday, September 13 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was downgraded by UBS to “Hold” on Tuesday, December 12. As per Monday, October 23, the company rating was maintained by Nomura. The stock of U.S. Bancorp (NYSE:USB) earned “Buy” rating by RBC Capital Markets on Thursday, September 7. Barclays Capital maintained it with “Overweight” rating and $60 target in Tuesday, January 3 report. Below is a list of U.S. Bancorp (NYSE:USB) latest ratings and price target changes.

17/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $61.0 Maintain
08/01/2018 Broker: Jefferies Rating: Buy New Target: $63.0 Maintain
08/01/2018 Broker: Vining Sparks Rating: Buy New Target: $64.0
04/01/2018 Broker: Susquehanna Rating: Hold New Target: $56.0 Maintain
05/01/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
02/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $56.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $56.0 Maintain
12/12/2017 Broker: UBS Rating: Hold New Target: $60.0 Downgrade
01/11/2017 Broker: JP Morgan Rating: Neutral Old Target: $55.5 New Target: $50 Maintain
23/10/2017 Broker: Nomura Rating: Neutral Old Target: $55 New Target: $57 Maintain

The stock increased 0.55% or $0.31 during the last trading session, reaching $56.46. About 10.53M shares traded or 84.02% up from the average. U.S. Bancorp (NYSE:USB) has risen 23.07% since January 22, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. The company has market cap of $93.70 billion. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural finance, and other products. It has a 16.09 P/E ratio. The firm also provides ancillary services, including capital markets, treasury management, and receivable lock-box collection services to corporate customers; and a range of asset management and fiduciary services for individuals, estates, foundations, business firms, and charitable organizations.

More notable recent U.S. Bancorp (NYSE:USB) news were published by: Tcbmag.com which released: “US Bancorp’s Richard Davis Retiring as Chairman of the Board” on January 18, 2018, also Reuters.com with their article: “US Bancorp’s fourth-quarter profit rises 16 pct” published on January 17, 2018, Startribune.com published: “US Bank, TCF join banks that promises bonuses, higher pay after getting taxes cut” on January 02, 2018. More interesting news about U.S. Bancorp (NYSE:USB) were released by: Seekingalpha.com and their article: “A Rare Window Of Opportunity With US Bancorp” published on January 19, 2018 as well as Seekingalpha.com‘s news article titled: “US Bancorp’s (USB) CEO, Andrew Cecere on Q4 2017 Results – Earnings Call …” with publication date: January 17, 2018.

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