Analysts See $0.86 EPS for U.S. Bancorp (USB)

July 18, 2017 - By Stephen Andrade

 Analysts See $0.86 EPS for U.S. Bancorp (USB)
Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.10, from 0.97 in 2016Q3. It improved, as 46 investors sold U.S. Bancorp shares while 425 reduced holdings. 141 funds opened positions while 361 raised stakes. 1.23 billion shares or 1.73% more from 1.21 billion shares in 2016Q3 were reported.
The Colorado-based Tributary Cap Mngmt Ltd Liability Corp has invested 0.12% in U.S. Bancorp (NYSE:USB). Headinvest Ltd Liability Co owns 4,760 shares. Lincoln National holds 23,587 shares. Summit Secs Group Ltd Liability Com holds 0.06% or 5,200 shares. California-based Tcw has invested 0.12% in U.S. Bancorp (NYSE:USB). Azimuth Mgmt Ltd Liability Com holds 0.08% or 17,825 shares in its portfolio. Monetary Management Group Inc Inc accumulated 20,830 shares or 0.49% of the stock. Vnbtrust National Association holds 4,893 shares. Neville Rodie & Shaw holds 0.19% or 31,044 shares. Zeke Advsrs Lc has 13,365 shares for 0.19% of their portfolio. Fil reported 7.45M shares. Becker Management holds 1.29% in U.S. Bancorp (NYSE:USB) or 787,164 shares. Dimensional Fund Advsrs L P owns 4.95 million shares for 0.13% of their portfolio. Stewart Patten Ltd Llc holds 0.15% or 15,150 shares. Hemenway Ltd Llc holds 0.03% in U.S. Bancorp (NYSE:USB) or 2,115 shares.

Since January 19, 2017, it had 0 insider purchases, and 14 insider sales for $67.35 million activity. Another trade for 707,726 shares valued at $37.12 million was sold by DAVIS RICHARD K. Gifford Craig E sold $404,573 worth of stock or 7,548 shares. Another trade for 11,650 shares valued at $612,091 was sold by OMALEY DAVID B. Shares for $5.13M were sold by DOLAN TERRANCE R. On Friday, February 3 CARLSON JENNIE P sold $1.08 million worth of U.S. Bancorp (NYSE:USB) or 20,000 shares. $19.65M worth of U.S. Bancorp (NYSE:USB) was sold by CECERE ANDREW. Another trade for 14,009 shares valued at $743,177 was sold by Stone Kent V..

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on July, 19 before the open. They expect $0.86 earnings per share, up 3.61 % or $0.03 from last year’s $0.83 per share. USB’s profit will be $1.45 billion for 15.13 P/E if the $0.86 EPS becomes a reality. After $0.82 actual earnings per share reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 4.88 % EPS growth. It closed at $52.03 lastly. It is down 23.07% since July 18, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.

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

Among 24 analysts covering U.S. Bancorp (NYSE:USB), 6 have Buy rating, 1 Sell and 17 Hold. Therefore 25% are positive. U.S. Bancorp had 52 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, November 16 by PiperJaffray. The firm has “Neutral” rating by Wedbush given on Thursday, January 19. On Wednesday, January 13 the stock rating was upgraded by Deutsche Bank to “Buy”. The rating was initiated by UBS with “Buy” on Wednesday, January 11. The stock has “Buy” rating by RBC Capital Markets on Wednesday, April 5. The stock of U.S. Bancorp (NYSE:USB) earned “Overweight” rating by Piper Jaffray on Tuesday, November 24. The firm earned “Overweight” rating on Monday, March 14 by Atlantic Securities. The firm has “Neutral” rating given on Thursday, August 20 by Sterne Agee CRT. The rating was maintained by RBC Capital Markets on Friday, January 22 with “Sector Perform”. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, May 5 report.

U.S. Bancorp is a multi-state financial services holding company. The company has market cap of $87.60 billion. The Firm provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It has a 15.79 P/E ratio. It also engages in credit card services, merchant and automated teller machine processing, mortgage banking, insurance, brokerage and leasing.

More notable recent U.S. Bancorp (NYSE:USB) news were published by: Zacks.com which released: “What’s in the Cards for US Bancorp (USB) in Q2 Earnings?” on July 17, 2017, also Nasdaq.com with their article: “August 25th Options Now Available For US Bancorp” published on July 06, 2017, Fool.com published: “Is US Bancorp Stock Safe?” on July 08, 2017. More interesting news about U.S. Bancorp (NYSE:USB) were released by: Seekingalpha.com and their article: “This Safe Bank Is A Buy Under $50” published on July 11, 2017 as well as Law360.com‘s news article titled: “US Bancorp Branch Managers Denied Cert. In OT Suit” with publication date: June 20, 2017.

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