$1.00 EPS Expected for U.S. Bancorp (USB)

June 14, 2018 - By Ash

U.S. Bancorp (NYSE:USB) LogoInvestors sentiment decreased to 0.87 in Q1 2018. Its down 0.09, from 0.96 in 2017Q4. It dropped, as 67 investors sold U.S. Bancorp shares while 470 reduced holdings. 95 funds opened positions while 370 raised stakes. 1.17 billion shares or 1.27% less from 1.18 billion shares in 2017Q4 were reported.
First Foundation Advisors owns 0.01% invested in U.S. Bancorp (NYSE:USB) for 4,146 shares. Dekabank Deutsche Girozentrale stated it has 0.11% in U.S. Bancorp (NYSE:USB). Provise Management Grp Inc Lc, a Florida-based fund reported 29,392 shares. Bnp Paribas Arbitrage has invested 0% in U.S. Bancorp (NYSE:USB). Utah Retirement Sys accumulated 290,488 shares. Marco Investment Limited Liability Corporation stated it has 10,663 shares or 0.08% of all its holdings. Farmers Financial Bank, Kentucky-based fund reported 21,820 shares. Fmr Limited has 47.70M shares for 0.29% of their portfolio. Fdx Advisors Inc reported 0.04% of its portfolio in U.S. Bancorp (NYSE:USB). M&T Retail Bank has invested 0.23% in U.S. Bancorp (NYSE:USB). Pillar Pacific Capital Mgmt Lc has 0.03% invested in U.S. Bancorp (NYSE:USB). Marshall Wace Ltd Liability Partnership owns 6,647 shares or 0.01% of their US portfolio. Tiedemann Advsr Lc, a New York-based fund reported 7,642 shares. Jacobs Levy Equity Mgmt Inc invested in 52,450 shares or 0.04% of the stock. Butensky & Cohen Security Inc reported 39,350 shares stake.

Since February 20, 2018, it had 0 insider buys, and 5 sales for $9.81 million activity. Parker P.W. had sold 98,485 shares worth $5.51M on Tuesday, February 20. Another trade for 20,000 shares valued at $1.10 million was sold by Elmore John R.. On Friday, February 23 the insider GODRIDGE LESLIE V sold $1.35 million. $1.10 million worth of stock was sold by Kelligrew James B on Friday, February 23.

Analysts expect U.S. Bancorp (NYSE:USB) to report $1.00 EPS on July, 18.They anticipate $0.15 EPS change or 17.65 % from last quarter’s $0.85 EPS. USB’s profit would be $1.64B giving it 12.77 P/E if the $1.00 EPS is correct. After having $0.95 EPS previously, U.S. Bancorp’s analysts see 5.26 % EPS growth. The stock decreased 0.29% or $0.15 during the last trading session, reaching $51.08. About 7.45M shares traded or 6.98% up from the average. U.S. Bancorp (NYSE:USB) has declined 2.38% since June 14, 2017 and is downtrending. It has underperformed by 14.95% the S&P500.

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

Among 14 analysts covering US Bancorp (NYSE:USB), 7 have Buy rating, 3 Sell and 4 Hold. Therefore 50% are positive. US Bancorp had 23 analyst reports since December 21, 2017 according to SRatingsIntel. Piper Jaffray maintained U.S. Bancorp (NYSE:USB) on Wednesday, April 18 with “Buy” rating. The firm has “Hold” rating given on Wednesday, April 18 by Susquehanna. The stock of U.S. Bancorp (NYSE:USB) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Deutsche Bank upgraded the shares of USB in report on Thursday, January 25 to “Buy” rating. Jefferies maintained the shares of USB in report on Monday, January 8 with “Buy” rating. The stock of U.S. Bancorp (NYSE:USB) has “Hold” rating given on Tuesday, March 27 by Sandler O’Neill. Vining Sparks upgraded U.S. Bancorp (NYSE:USB) rating on Friday, April 6. Vining Sparks has “Buy” rating and $6100 target. The rating was maintained by Keefe Bruyette & Woods on Wednesday, April 4 with “Hold”. On Wednesday, January 31 the stock rating was downgraded by JP Morgan to “Underweight”. As per Friday, May 11, the company rating was upgraded by Citigroup.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. The company has market cap of $83.90 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 14.55 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 news for U.S. Bancorp (NYSE:USB) were recently published by: Bizjournals.com, which released: “Four Twin Cities executives make national list of influential leaders in corporate diversity” on June 13, 2018. Globenewswire.com‘s article titled: “Consolidated Research: 2018 Summary Expectations for Oasis Petroleum, Blue Hills, Formula One Group, US, Coca …” and published on June 11, 2018 is yet another important article.

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

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