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

June 17, 2018 - By simple simple

U.S. Bancorp (NYSE:USB) LogoInvestors sentiment decreased to 0.87 in 2018 Q1. Its down 0.09, from 0.96 in 2017Q4. It worsened, 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.
Fruth Mgmt owns 5,600 shares for 0.13% of their portfolio. Oppenheimer Asset holds 49,039 shares. Excalibur Management reported 0.21% in U.S. Bancorp (NYSE:USB). Buffington Mohr Mcneal holds 1.03% of its portfolio in U.S. Bancorp (NYSE:USB) for 53,071 shares. 415,100 are owned by Skba Cap Mngmt Ltd Com. Utah Retirement Sys reported 0.31% stake. Tuttle Tactical Mngmt accumulated 31,542 shares or 1.28% of the stock. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma accumulated 15,787 shares. 5,850 are owned by Leisure Cap Mgmt. Moreover, Penobscot Inv Mgmt Co Inc has 0.96% invested in U.S. Bancorp (NYSE:USB). Nbt Bancorp N A Ny invested in 55,512 shares or 0.46% of the stock. Deroy And Devereaux Private Inv Counsel invested in 288,096 shares or 1.55% of the stock. 5,215 were reported by Suffolk Cap Mgmt Lc. Argent Mgmt Ltd Liability Co owns 20,111 shares. Icon Advisers invested 0.2% in U.S. Bancorp (NYSE:USB).

Since February 20, 2018, it had 0 insider buys, and 5 insider sales for $9.81 million activity. 98,485 shares were sold by Parker P.W., worth $5.51M. Another trade for 24,500 shares valued at $1.35M was made by GODRIDGE LESLIE V on Friday, February 23. Shares for $1.10 million were sold by Elmore John R. on Friday, February 23. 20,000 U.S. Bancorp (NYSE:USB) shares with value of $1.10M were sold by Kelligrew James B.

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 $1.64 billion giving it 12.85 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 increased 0.88% or $0.45 during the last trading session, reaching $51.38. About 17.35 million shares traded or 142.16% up from the average. U.S. Bancorp (NYSE:USB) has declined 2.38% since June 18, 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 firm earned “Hold” rating on Wednesday, April 18 by Sandler O’Neill. Keefe Bruyette & Woods maintained it with “Hold” rating and $56.0 target in Thursday, December 21 report. The firm has “Hold” rating by Robert W. Baird given on Tuesday, January 2. Jefferies maintained the shares of USB in report on Monday, January 8 with “Buy” rating. Sandler O’Neill maintained the shares of USB in report on Wednesday, January 17 with “Hold” rating. The firm has “Overweight” rating given on Friday, January 5 by PiperJaffray. Vining Sparks upgraded U.S. Bancorp (NYSE:USB) rating on Friday, April 6. Vining Sparks has “Buy” rating and $6100 target. The rating was upgraded by Robert W. Baird to “Buy” on Monday, March 26. As per Wednesday, April 18, the company rating was maintained by Jefferies. The rating was downgraded by JP Morgan to “Underweight” on Wednesday, January 31.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. The company has market cap of $84.39 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 14.64 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.

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

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