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

June 14, 2018 - By Duane Lopez

U.S. Bancorp (NYSE:USB) LogoInvestors sentiment decreased to 0.87 in 2018 Q1. Its down 0.09, from 0.96 in 2017Q4. It fall, 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.
Lpl Limited Company has 257,602 shares for 0.04% of their portfolio. 61,966 were reported by Segment Wealth Mngmt Ltd Liability Co. Salient Lta holds 0.08% or 12,143 shares. First Eagle Inv Management Limited Liability Corporation holds 1.48% or 11.77M shares in its portfolio. Northwest Counselors Lc owns 8,811 shares. Rhumbline Advisers holds 0.31% of its portfolio in U.S. Bancorp (NYSE:USB) for 2.94M shares. Vigilant Capital Mgmt Ltd Liability holds 3.26% of its portfolio in U.S. Bancorp (NYSE:USB) for 454,082 shares. Legacy Private holds 0.36% or 61,562 shares in its portfolio. Texas-based Employees Retirement System Of Texas has invested 0.14% in U.S. Bancorp (NYSE:USB). Sterling Capital Limited Liability Company accumulated 152,606 shares. Sg Americas Ltd reported 0.09% of its portfolio in U.S. Bancorp (NYSE:USB). Oregon Pub Employees Retirement Fund has invested 0.13% of its portfolio in U.S. Bancorp (NYSE:USB). Evergreen Management Ltd Com holds 4,507 shares or 0.02% of its portfolio. Mairs And Power Incorporated has 4.17% invested in U.S. Bancorp (NYSE:USB). Fruth Management holds 0.13% of its portfolio in U.S. Bancorp (NYSE:USB) for 5,600 shares.

Since February 20, 2018, it had 0 buys, and 5 sales for $9.81 million activity. The insider Parker P.W. sold $5.51M. 24,500 shares were sold by GODRIDGE LESLIE V, worth $1.35 million. Another trade for 13,641 shares valued at $750,528 was made by von Gillern Jeffry H. on Friday, February 23. Shares for $1.10 million were sold by Elmore John R. 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 7.45 million 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. The rating was maintained by Sandler O’Neill with “Hold” on Wednesday, April 18. The rating was downgraded by J.P. Morgan on Wednesday, January 31 to “Sell”. The company was maintained on Tuesday, January 2 by Robert W. Baird. The firm earned “Buy” rating on Thursday, January 25 by Deutsche Bank. The stock of U.S. Bancorp (NYSE:USB) has “Overweight” rating given on Friday, January 5 by PiperJaffray. The company was maintained on Wednesday, April 18 by Piper Jaffray. On Tuesday, April 3 the stock rating was downgraded by Edward Jones to “Hold”. The rating was downgraded by JP Morgan to “Underweight” on Wednesday, January 31. Morgan Stanley maintained the stock with “Underweight” rating in Friday, February 2 report. On Wednesday, April 18 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

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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