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

June 14, 2018 - By Elnora Patterson

U.S. Bancorp (NYSE:USB) LogoInvestors sentiment decreased to 0.87 in Q1 2018. Its down 0.09, from 0.96 in 2017Q4. It fall, 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.
Hanson And Doremus stated it has 0.02% in U.S. Bancorp (NYSE:USB). The Florida-based Naples Global Advsrs Limited Liability Corp has invested 0.51% in U.S. Bancorp (NYSE:USB). Ycg Ltd Liability invested 0.09% in U.S. Bancorp (NYSE:USB). Bank & Trust Of America De stated it has 15.61 million shares or 0.13% of all its holdings. Tower Ltd Liability Corporation (Trc) has invested 0.02% in U.S. Bancorp (NYSE:USB). Addenda Cap reported 0.2% stake. Golub Group Ltd Liability Com holds 0.11% or 24,440 shares. Bsw Wealth Prtnrs reported 4,040 shares stake. Forward Management Ltd Liability Co reported 0.21% of its portfolio in U.S. Bancorp (NYSE:USB). 13,897 were reported by Clifford Swan Invest Counsel Limited Liability Company. Jacobs Levy Equity Mngmt stated it has 52,450 shares. Bridges invested 0.37% in U.S. Bancorp (NYSE:USB). 13,071 are owned by Cetera Advsr Ltd Liability Corporation. Community Bank & Trust Na has 0.49% invested in U.S. Bancorp (NYSE:USB) for 51,512 shares. Ferguson Wellman Capital Mgmt Inc owns 113,121 shares.

Since February 20, 2018, it had 0 insider purchases, and 5 insider sales for $9.81 million activity. Shares for $1.35 million were sold by GODRIDGE LESLIE V. Another trade for 20,000 shares valued at $1.10M was made by Kelligrew James B on Friday, February 23. $750,528 worth of U.S. Bancorp (NYSE:USB) shares were sold by von Gillern Jeffry H.. The insider Elmore John R. sold 20,000 shares worth $1.10M.

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 $1.64B giving it 12.77 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 decreased 0.29% or $0.15 during the last trading session, reaching $51.08. About 7.45 million shares traded or 6.98% up from the average. U.S. Bancorp (NYSE:USB) has declined 2.38% since June 14, 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. Jefferies maintained U.S. Bancorp (NYSE:USB) on Monday, January 8 with “Buy” rating. Jefferies maintained the stock with “Buy” rating in Wednesday, April 18 report. Sandler O’Neill maintained the stock with “Hold” rating in Tuesday, March 27 report. Piper Jaffray maintained U.S. Bancorp (NYSE:USB) rating on Wednesday, April 18. Piper Jaffray has “Buy” rating and $5900 target. Morgan Stanley maintained the shares of USB in report on Thursday, April 19 with “Underweight” rating. The firm has “Buy” rating given on Friday, April 6 by Vining Sparks. Susquehanna maintained the shares of USB in report on Wednesday, April 18 with “Hold” rating. The company was upgraded on Monday, March 26 by Robert W. Baird. The rating was upgraded by Citigroup to “Buy” on Friday, May 11. The firm has “Underweight” rating given on Wednesday, January 31 by JP Morgan.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. The company has market cap of $83.90 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 14.55 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.

More news for U.S. Bancorp (NYSE:USB) were recently published by: Bizjournals.com, which released: “Four Twin Cities executives make national list of influential leaders in corporate diversity” on June 13, 2018. Globenewswire.com‘s article titled: “Consolidated Research: 2018 Summary Expectations for Oasis Petroleum, Blue Hills, Formula One Group, US, Coca …” and published on June 11, 2018 is yet another important article.

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

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