Truepoint INC Stake in Us Bancorp Del (USB) Decreased by $159.90 Million as Shares Declined

April 17, 2018 - By Benjamin Allen

U.S. Bancorp (NYSE:USB) Corporate LogoBig Money Sentiment increased to 0.96 in 2017 Q4. It has change of 0.07, from 2017Q3’s 0.89. The ratio increased due to USB positioning: 38 sold and 462 reduced. 118 funds acquired stakes and 361 increased stakes. Investors holded 1.20 billion in 2017Q3 but now own 1.18 billion shares or 1.20% less. Cape Ann Natl Bank has invested 0.29% of its capital in U.S. Bancorp (NYSE:USB). Woodstock Corporation holds 0.05% in U.S. Bancorp (NYSE:USB) or 5,560 shs. 1St Source National Bank has invested 0.25% in U.S. Bancorp (NYSE:USB). Bath Savings Tru reported 7,395 shs stake. Macguire Cheswick & Tuttle Investment Counsel Lc invested in 0.6% or 61,227 shs. Greylin Inv Mangement Inc reported 1.13% of its capital in U.S. Bancorp (NYSE:USB). Financial Services Corporation holds 36,490 shs or 0.95% of its capital. Skba Capital Mngmt Ltd Liability Corp reported 379,400 shs. Banque Pictet Cie Sa invested in 92,048 shs or 0.1% of the stock. Korea, Korea-based fund reported 984,786 shs. Pnc Fincl Ser Grp Inc stated it has 0.22% of its capital in U.S. Bancorp (NYSE:USB). Jfs Wealth Lc reported 150 shs stake. Sheets Smith Wealth reported 0.59% in U.S. Bancorp (NYSE:USB). Retirement Of Alabama reported 0.2% stake. Palisade Asset Mngmt Ltd Liability Co holds 123,406 shs.

USB registered $9.81 million net activity with 0 insider purchases and 5 selling transactions since February 20, 2018. GODRIDGE LESLIE V had sold 24,500 shs worth $1.35 million. 98,485 U.S. Bancorp (NYSE:USB) shs with value of $5.51M were sold by Parker P.W.. Shares for $1.10 million were sold by Elmore John R. on Friday, February 23. $750,528 worth of U.S. Bancorp (NYSE:USB) was sold by von Gillern Jeffry H. on Friday, February 23.

In 2017Q4 Securities and Exchange filling is reported Truepoint Inc’s holdings in Us Bancorp Del (USB) which was decreased by 98.25%. The company’s stock declined 8.45% with the market as Truepoint Inc sold 3.02 million shares. The major banks company announced $2.88M value for the 2017Q4. Now the institutional investor is holding 53,720 shares, compared to the 3.07 million from the previous quarter. Truepoint Inc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on April, 18. They expect $0.94 EPS, up 14.63 % or $0.12 from last year’s $0.82 per share. USB’s profit will be $1.55B for 13.67 P/E if the $0.94 EPS becomes a reality. After $0.88 actual EPS reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 6.82 % EPS growth.

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

In total 15 analysts cover US Bancorp (NYSE:USB). “Buy” rating has 5, “Sell” are 3, while 7 are “Hold”. 33% are bullish. With $64.0 highest and $50 lowest [Target] US Bancorp has $57.96 average [Target] or 12.74% above the current ($51.41) price. 21 are the (NYSE:USB)’s analyst reports since October 19, 2017 according to StockzIntelligence Inc. In Wednesday, January 17 report Sandler O’Neill maintained the stock with “Hold” rating. On Friday, January 5 the stock has “Overweight” rating by PiperJaffray. On Wednesday, April 4 the company was maintained by Keefe Bruyette & Woods. On Friday, February 2 the firm has “Underweight” rating by Morgan Stanley given. On Monday, January 8 Jefferies maintained U.S. Bancorp (NYSE:USB) with “Buy” rating. On Tuesday, January 2 the rating was maintained by Robert W. Baird with “Hold”. On Thursday, January 25 the firm has “Buy” rating given by Deutsche Bank. On Tuesday, December 12 UBS downgraded U.S. Bancorp (NYSE:USB) rating. UBS has “Hold” rating and $60.0 target. The company rating was maintained by Keefe Bruyette & Woods on Thursday, December 21. The company rating was downgraded by JP Morgan on Wednesday, January 31.

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

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