Woodmont Investment Counsel Has Lifted Position in Us Bancorp Del (USB) by $1.33 Million; Mar Vista Investment Partners Trimmed Us Bancorp (USB) Holding by $3.07 Million

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Mar Vista Investment Partners Llc decreased its stake in Us Bancorp (USB) by 3.76% based on its latest 2018Q1 regulatory filing with the SEC. Mar Vista Investment Partners Llc sold 61,435 shares as the company’s stock declined 9.49% with the market. The institutional investor held 1.57M shares of the major banks company at the end of 2018Q1, valued at $79.48M, down from 1.64M at the end of the previous reported quarter. Mar Vista Investment Partners Llc who had been investing in Us Bancorp for a number of months, seems to be less bullish one the $82.97B market cap company. The stock increased 1.80% or $0.895 during the last trading session, reaching $50.515. About 2.39 million shares traded. U.S. Bancorp (NYSE:USB) has declined 2.38% since June 29, 2017 and is downtrending. It has underperformed by 14.95% the S&P500. Some Historical USB News: 14/03/2018 – U.S. Bancorp Closes Below 200-Day Moving Average: Technicals; 27/04/2018 – MASTERCARD INC – RICHARD DAVIS, FORMERLY OF U.S. BANCORP, HAS BEEN ADDED TO SLATE ALONG WITH COMPANY’S EXISTING DIRECTORS; 18/04/2018 – US Bancorp 1Q EPS Boosted 1c by Items; 18/04/2018 – U.S. BANCORP 1Q EPS 96C; 05/03/2018 Moody’s has placed on review for downgrade the ratings on 72 tranches in 36 structured note transactions; 18/04/2018 – U.S. BANCORP – FULLY IMPLEMENTED COMMON EQUITY TIER 1 CAPITAL RATIO AT MARCH 31 WAS 9.0%; 26/04/2018 – Lundin Mining Announces Offer to Purchase Notes Pursuant to Asset Sale Covenant; 24/04/2018 – Elavon Gives Customers and Partners Enhanced Protection from Data Breaches with PCI Point-to-Point Encryption (P2PE) Validation; 18/04/2018 – US Bancorp 1Q Provision for Credit Losses $341M; 06/03/2018 – Jensen Investment Management Announces New Shareholder Shannon Contreras

Woodmont Investment Counsel Llc increased its stake in Us Bancorp Del (USB) by 349.28% based on its latest 2018Q1 regulatory filing with the SEC. Woodmont Investment Counsel Llc bought 26,685 shares as the company’s stock declined 9.49% with the market. The hedge fund held 34,325 shares of the major banks company at the end of 2018Q1, valued at $1.73M, up from 7,640 at the end of the previous reported quarter. Woodmont Investment Counsel Llc who had been investing in Us Bancorp Del for a number of months, seems to be bullish on the $82.97 billion market cap company. The stock increased 1.80% or $0.895 during the last trading session, reaching $50.515. About 2.39M shares traded. U.S. Bancorp (NYSE:USB) has declined 2.38% since June 29, 2017 and is downtrending. It has underperformed by 14.95% the S&P500. Some Historical USB News: 18/04/2018 – US Bancorp 1Q Return on Tangible Common Equity 19.3%; 19/03/2018 – U.S. BANCORP – BOARD DECLARED REGULAR QTRLY DIVIDEND OF $0.30 PER COMMON SHARE, PAYABLE APRIL 16; 04/05/2018 – U.S. Bank Announces Retirements of Bill Parker and Jennie Carlson; 18/04/2018 – US Bancorp 1Q Net Interest Income $3.17B; 22/05/2018 – U.S. Bancorp Closes Above 50-Day Moving Average: Technicals; 14/05/2018 – Moody’s confirms ratings on 65 tranches in 33 structured note transactions; 26/04/2018 – Lundin Mining Announces Offer to Purchase Notes Pursuant to Asset Sale Covenant; 11/04/2018 – U.S. Bank Mobile Payment Expands to Mastercard Business Travel Cards; 07/03/2018 – Pymnts.com: U.S. Bancorp Hoping For Regulation Lift By End Of Year; 21/03/2018 – U.S. Bank Raises Prime Lending Rate to 4.75 Percent from 4.50 Percent Effective March 22, 2018

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.09, from 0.96 in 2017Q4. It worsened, as 67 investors sold USB 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. Cohen Mngmt reported 5,000 shares. Meeder Asset Management Inc has invested 0.09% in U.S. Bancorp (NYSE:USB). Brown Advisory Securities Ltd Llc reported 4,418 shares. Bb&T reported 520,340 shares or 0.5% of all its holdings. Veritable Lp owns 0.14% invested in U.S. Bancorp (NYSE:USB) for 127,189 shares. Bradley Foster And Sargent Incorporated Ct holds 0.59% or 307,585 shares in its portfolio. Signaturefd Ltd Liability Company reported 7,570 shares. Livforsakringsbolaget Skandia Omsesidigt reported 58,408 shares or 0.65% of all its holdings. Pictet And Cie (Europe) Sa has 9,550 shares for 0.08% of their portfolio. Adirondack Tru Company has 3,465 shares for 0.12% of their portfolio. Inv Partners Oh Adv owns 0.41% invested in U.S. Bancorp (NYSE:USB) for 10,872 shares. Baldwin Brothers Inc Ma reported 11,009 shares or 0.09% of all its holdings. 81,087 were reported by Portland Glob Ltd Llc. Highstreet Asset accumulated 0.02% or 6,931 shares. Atwood & Palmer Inc has 0.25% invested in U.S. Bancorp (NYSE:USB).

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 12 have Buy rating, 4 Sell and 17 Hold. Therefore 36% are positive. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of U.S. Bancorp (NYSE:USB) has “Hold” rating given on Sunday, September 17 by Piper Jaffray. As per Thursday, January 14, the company rating was upgraded by Robert W. Baird. The stock of U.S. Bancorp (NYSE:USB) earned “Neutral” rating by Citigroup on Monday, October 9. On Thursday, July 20 the stock rating was upgraded by Argus Research to “Buy”. Robert W. Baird upgraded the stock to “Buy” rating in Monday, March 26 report. Deutsche Bank upgraded the shares of USB in report on Thursday, January 25 to “Buy” rating. Societe Generale initiated the shares of USB in report on Tuesday, March 22 with “Buy” rating. On Thursday, September 28 the stock rating was downgraded by Nomura to “Hold”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, April 4. The firm earned “Buy” rating on Friday, September 15 by Jefferies.

More recent U.S. Bancorp (NYSE:USB) news were published by: Fool.com which released: “Most Big Banks Are About to Give Shareholders a Raise” on June 29, 2018. Also Seekingalpha.com published the news titled: “Federal Reserve objects to Deutsche Bank USA’s capital return plan” on June 28, 2018. Seekingalpha.com‘s news article titled: “Morgan Stanley, Bank of America, Ally, US Bank release capital return plans” with publication date: June 28, 2018 was also an interesting one.

Woodmont Investment Counsel Llc, which manages about $557.42M and $361.10M US Long portfolio, decreased its stake in Ishares Us Etf Tr by 11,485 shares to 130,175 shares, valued at $6.53 million in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr (SHV) by 4,322 shares in the quarter, leaving it with 35,866 shares, and cut its stake in M & T Bk Corp (NYSE:MTB).

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

Since February 20, 2018, it had 0 insider buys, and 5 selling transactions for $9.81 million activity. Elmore John R. also sold $1.10M worth of U.S. Bancorp (NYSE:USB) shares. Shares for $1.35M were sold by GODRIDGE LESLIE V. $750,528 worth of stock was sold by von Gillern Jeffry H. on Friday, February 23. Kelligrew James B sold $1.10 million worth of stock or 20,000 shares.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on July, 18. They expect $1.00 EPS, up 17.65% or $0.15 from last year’s $0.85 per share. USB’s profit will be $1.64 billion for 12.63 P/E if the $1.00 EPS becomes a reality. After $0.95 actual EPS reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 12 have Buy rating, 4 Sell and 17 Hold. Therefore 36% are positive. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, October 9, the company rating was maintained by Citigroup. The firm has “Buy” rating by Guggenheim given on Friday, August 28. The firm has “Underweight” rating given on Thursday, April 19 by Morgan Stanley. The firm has “Neutral” rating given on Thursday, December 1 by Susquehanna. As per Wednesday, December 21, the company rating was downgraded by Atlantic Securities. The rating was initiated by UBS with “Buy” on Wednesday, January 11. On Wednesday, November 16 the stock rating was downgraded by PiperJaffray to “Neutral”. The firm has “Overweight” rating by Atlantic Securities given on Monday, March 14. The rating was initiated by Wedbush on Friday, October 7 with “Neutral”. The stock has “Hold” rating by Sandler O’Neill on Wednesday, January 17.

Mar Vista Investment Partners Llc, which manages about $1.80B and $2.52B US Long portfolio, upped its stake in First Republic Bank/Ca (NYSE:FRC) by 61,527 shares to 351,438 shares, valued at $32.55M in 2018Q1, according to the filing. It also increased its holding in Mondelez International Inc (NASDAQ:MDLZ) by 24,050 shares in the quarter, for a total of 1.40M shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

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