$0.94 EPS Expected for U.S. Bancorp (USB)

March 22, 2018 - By Clifton Ray

 $0.94 EPS Expected for U.S. Bancorp (USB)
Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It is negative, as 61 investors sold U.S. Bancorp 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.
Bessemer Group Inc stated it has 0.9% of its portfolio in U.S. Bancorp (NYSE:USB). Fiduciary Tru invested in 0.71% or 431,202 shares. Archford Cap Strategies Lc holds 23,009 shares or 0.46% of its portfolio. Moreover, Highland Limited Com has 0.83% invested in U.S. Bancorp (NYSE:USB) for 194,882 shares. Oppenheimer Asset reported 39,774 shares. Horan Cap Advsr Ltd Liability Corp, a Ohio-based fund reported 2,091 shares. Milestone Group Inc stated it has 5,168 shares or 0.05% of all its holdings. Berkshire Hathaway invested in 85.06 million shares. Iat Reinsurance Communications Ltd invested in 20,300 shares or 0.17% of the stock. M&T Commercial Bank holds 776,252 shares or 0.23% of its portfolio. Leisure Cap Management owns 5,768 shares for 0.27% of their portfolio. Moreover, Crawford Inv Counsel Incorporated has 0.01% invested in U.S. Bancorp (NYSE:USB) for 4,476 shares. Norris Perne & French Llp Mi reported 0.09% in U.S. Bancorp (NYSE:USB). Tru Com Of Virginia Va, Virginia-based fund reported 182,341 shares. Prelude Cap Mngmt Ltd has invested 0.1% in U.S. Bancorp (NYSE:USB).

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

Analysts expect U.S. Bancorp (NYSE:USB) to report $0.94 EPS on April, 18.They anticipate $0.12 EPS change or 14.63 % from last quarter’s $0.82 EPS. USB’s profit would be $1.55 billion giving it 13.57 P/E if the $0.94 EPS is correct. After having $0.88 EPS previously, U.S. Bancorp’s analysts see 6.82 % EPS growth. The stock decreased 2.93% or $1.54 during the last trading session, reaching $51.01. About 5.00 million shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since March 22, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

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 company was maintained on Tuesday, January 2 by Robert W. Baird. As per Thursday, June 8, the company rating was maintained by Jefferies. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, January 13 report. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Atlantic Securities to “Overweight” on Monday, March 14. On Wednesday, July 19 the stock rating was maintained by Oppenheimer with “Hold”. The company was downgraded on Tuesday, March 8 by Stephens. The rating was downgraded by Piper Jaffray to “Neutral” on Wednesday, November 16. The firm has “Neutral” rating by Guggenheim given on Wednesday, April 6. The rating was initiated by Piper Jaffray on Tuesday, November 24 with “Overweight”.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. The company has market cap of $84.21 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 14.53 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.

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