Health Care

US Bancorp (NYSE:USB) Stake Lessened by Gofen & Glossberg LLC IL

Us Bank & Trust De accumulated 14.35M shares. The financial services provider reported $0.85 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.84 by $0.01. The stock increased 0.49% or $0.54 during the last trading session, reaching $109.74. About 424,419 shares traded or 116.12% up from the average. Kroger Co (NYSE:KR) has declined 16.08% since September 17, 2016 and is downtrending. Madison Investment Holdings Inc acquired 130,725 shares as U.S. Bancorp (USB)'s stock declined 6.89%. US Bancorp DE now owns 14,157,826 shares of the financial services provider's stock worth $735,074,000 after acquiring an additional 259,093 shares during the period. State Street Corp boosted its stake in shares of U.S. Bancorp by 1.2% during the 1st quarter. The Company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. The firm has a market capitalization of $86.67 billion, a price-to-earnings ratio of 15.65 and a beta of 0.87. About 6.15 million shares traded or 35.46% up from the average. First Bancorp Of Hutchinson holds 0.61% of its portfolio in U.S. Bancorp (NYSE:USB) for 19,649 shares. It has outperformed by 6.37% the S&P500.

Since May 3, 2017, it had 0 buys, and 3 sales for $2.29 million activity.

Shares of U.S. Bancorp (NYSE:USB) opened at 51.81 on Friday. $740,539 worth of U.S. Bancorp (NYSE:USB) was sold by GODRIDGE LESLIE V. Allianz Asset Management Ag reported 3.88 million shares. It also increased its holding in L (NYSE:LLL) by 87,486 shares in the quarter, for a total of 679,677 shares, and has risen its stake in American Elec Pwr Inc (NYSE:AEP). Nordstrom Inc. (NYSE:JWN) was reduced too.

Gofen & Glossberg LLC IL reduced its position in shares of U.S. Bancorp (NYSE:USB) by 2.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. Therefore 39% are positive. Wells Fargo & Company initiated coverage on U.S. Bancorp in a report on Wednesday, August 9th. The stock of U.S. Bancorp (NYSE:USB) has "Sector Perform" rating given on Friday, January 22 by RBC Capital Markets. Guggenheim downgraded U.S. Bancorp (NYSE:USB) on Wednesday, April 6 to "Neutral" rating. On Tuesday, May 16 the insider Parker P.W. sold $1.53M. The rating was downgraded by Rafferty on Thursday, April 20 to "Hold". On Monday, June 19 the stock rating was downgraded by Morgan Stanley to "Equal-Weight". On Wednesday, September 13 the stock rating was maintained by Keefe Bruyette & Woods with "Hold". Robert W. Baird reiterated a "hold" rating and issued a $48.00 price objective on shares of U.S. Bancorp in a research report on Tuesday, September 5th. The stock has "Buy" rating by RBC Capital Markets on Thursday, July 27.

First Midwest Bancorp, Inc.is a bank holding company. Spindletop Cap Ltd holds 9.71% or 217,500 shares in its portfolio. USB's profit will be $1.47B for 14.72 P/E if the $0.88 EPS becomes a reality. On average, equities research analysts anticipate that U.S. Bancorp will post $3.44 EPS for the current fiscal year.

Investors sentiment decreased to 0.9 in 2016 Q4. Its up 0.10, from 0.97 in 2016Q3. Vanguard Group Inc. boosted its stake in shares of U.S. Bancorp by 1.7% during the 2nd quarter. 97 funds opened positions while 223 raised stakes. Meeder Asset Mgmt Inc, Ohio-based fund reported 124,558 shares. Boston Private Wealth Ltd Liability reported 133,154 shares. 8,274 were accumulated by Cornerstone Advsr. Ngam Advsrs Lp holds 0.06% or 135,987 shares in its portfolio. Gotham Asset Management Ltd holds 0.01% of its portfolio in U.S. Bancorp (NYSE:USB) for 10,526 shares. Annex Advisory Svcs Lc reported 0.16% of its portfolio in Kroger Co (NYSE:KR). During the same period in the previous year, the firm posted $0.82 earnings per share. Dana Advisors accumulated 29,154 shares. Transamerica Finance Advisors reported 0.45% stake. Manchester Capital Management Limited Co stated it has 0.02% in Kroger Co (NYSE:KR). Old National National Bank In holds 0.04% or 13,746 shares.

More notable recent U.S. Bancorp (NYSE:USB) news were published by: Businesswire.com which released: "US Bancorp to Speak at the Barclays Global Financial Services Conference" on September 06, 2017, also Therealdeal.com with their article: "Wells Fargo, US Bancorp look to tech start-up to speed up mortgage applications" published on August 25, 2017, Nasdaq.com published: "October 27th Options Now Available For US Bancorp (USB)" on September 07, 2017. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company's stock. Therefore 50% are positive. The firm has "Buy" rating by Societe Generale given on Tuesday, March 22. Piper Jaffray upgraded Kroger Co (NYSE:KR) rating on Wednesday, December 14. The stock of Bio-Rad Laboratories, Inc. Its down 0.31, from 1.55 in 2016Q3. Following the transaction, the insider now directly owns 131,109 shares of the company's stock, valued at approximately $7,161,173.58. (NYSE:BIO). Mutual Of America Cap Ltd Llc stated it has 15,991 shares. Front Barnett Assocs Ltd Liability Corporation invested in 4,256 shares or 0.04% of the stock. Charter Tru reported 28,970 shares. Skyline Asset Management Lp owns 1.11 million shares or 1.86% of their United States portfolio. Washington Trust Bank now owns 220,616 shares of the financial services provider's stock valued at $9,462,000 after buying an additional 1,022 shares in the last quarter. The Montana-based Da Davidson And has invested 0% in Bio-Rad Laboratories, Inc.

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