Natixis Has Decreased Us Bancorp Del (USB) Position by $10.70 Million as Shares Declined

February 14, 2018 - By Ellis Scott

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It fall, as 61 investors sold USB shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported. Buckhead Cap Mngmt Limited Liability Corp has 1.45% invested in U.S. Bancorp (NYSE:USB). Kansas-based Kornitzer Cap Mgmt Inc Ks has invested 0.01% in U.S. Bancorp (NYSE:USB). Primecap Mgmt Ca owns 0.23% invested in U.S. Bancorp (NYSE:USB) for 5.08 million shares. Cleararc holds 0.37% or 45,536 shares in its portfolio. Bainco Investors stated it has 198,602 shares. Wealthtrust stated it has 0.08% of its portfolio in U.S. Bancorp (NYSE:USB). Boltwood Management accumulated 34,143 shares or 1.19% of the stock. Gw Henssler Limited has invested 1.38% in U.S. Bancorp (NYSE:USB). Greylin Invest Mangement Incorporated, a Virginia-based fund reported 98,515 shares. Millennium Mngmt Limited Company invested in 0% or 45,173 shares. Boston Common Asset Llc owns 50,238 shares or 0.34% of their US portfolio. Stock Yards Bancorp & Tru Company holds 1.39% or 221,723 shares. Cullen Frost Bankers reported 83,935 shares or 0.15% of all its holdings. Kentucky Retirement owns 97,270 shares or 0.39% of their US portfolio. Moreover, Fiera Capital Corp has 2.05% invested in U.S. Bancorp (NYSE:USB) for 8.00M shares.

Natixis decreased its stake in Us Bancorp Del (USB) by 16.18% based on its latest 2017Q3 regulatory filing with the SEC. Natixis sold 201,873 shares as the company’s stock declined 6.89% while stock markets rallied. The institutional investor held 1.05 million shares of the major banks company at the end of 2017Q3, valued at $56.05 million, down from 1.25M at the end of the previous reported quarter. Natixis who had been investing in Us Bancorp Del for a number of months, seems to be less bullish one the $91.64 billion market cap company. The stock increased 2.21% or $1.195 during the last trading session, reaching $55.335. About 4.44 million shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since February 14, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

Natixis, which manages about $10.85B US Long portfolio, upped its stake in Aetna Inc New (NYSE:AET) by 167,120 shares to 174,232 shares, valued at $27.71 million in 2017Q3, according to the filing. It also increased its holding in Constellation Brands Inc (NYSE:STZ) by 158,505 shares in the quarter, for a total of 162,251 shares, and has risen its stake in Altria Group Inc (NYSE:MO).

More notable recent U.S. Bancorp (NYSE:USB) news were published by: which released: “US Bancorp Earnings Boosted by Tax Law” on January 17, 2018, also with their article: “US Bancorp Reports Fourth Quarter and Full Year 2017 Earnings” published on January 17, 2018, published: “US Bancorp’s (USB) CEO, Andrew Cecere on Q4 2017 Results – Earnings Call …” on January 17, 2018. More interesting news about U.S. Bancorp (NYSE:USB) were released by: and their article: “US Bancorp’s fourth-quarter profit rises 16 pct” published on January 17, 2018 as well as‘s news article titled: “A Rare Window Of Opportunity With US Bancorp” with publication date: January 19, 2018.

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

Among 32 analysts covering U.S. Bancorp (NYSE:USB), 9 have Buy rating, 4 Sell and 19 Hold. Therefore 28% are positive. U.S. Bancorp had 84 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, January 14 by Robert W. Baird. The rating was maintained by Piper Jaffray on Sunday, September 17 with “Hold”. On Thursday, April 7 the stock rating was maintained by JP Morgan with “Neutral”. On Tuesday, January 3 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. Morgan Stanley maintained U.S. Bancorp (NYSE:USB) on Friday, February 2 with “Underweight” rating. The stock of U.S. Bancorp (NYSE:USB) has “Hold” rating given on Wednesday, January 17 by Sandler O’Neill. Jefferies maintained U.S. Bancorp (NYSE:USB) on Friday, August 11 with “Buy” rating. The rating was upgraded by Deutsche Bank to “Buy” on Tuesday, September 8. The firm has “Buy” rating given on Wednesday, July 22 by Canaccord Genuity.

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