Published: Fri, May 19, 2017
Business | By Max Garcia

Godridge Sells 14192 Shares of U.S. Bancorp (USB) Stock


With 7.87M avg volume, 2 days are for US Bancorp (NYSE:USB)'s short sellers to cover USB's short positions. The SI to US Bancorp's float is 1.18%. The stock increased 0.55% or $0.28 during the last trading session, reaching $50.74.

Shares of U.S. Bancorp (NYSE:USB) traded up 0.75% during trading on Friday, reaching $51.12. It has by 0.00% the S&P500.

Analysts expect 8×8, Inc. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.02. The analysts estimated mean EPS at 0.16 while the high and low EPS estimate stand at 0.17 and 0.15 respectively. Following the completion of the sale, the insider now owns 73,857 shares in the company, valued at approximately $3,738,641.34. Stelac Advisory Services Llc sold 34,880 shares as Blackstone Group Lp (BX)'s stock 0.00%. Blackstone Group LP (NYSE:BX) has risen 6.00% since April 18, 2017 and is uptrending.

Investors sentiment increased to 1.18 in Q4 2016. Its down 0.03, from 0.82 in 2016Q3. Ltd. boosted its position in shares of U.S. Bancorp by 2.4% in the third quarter. 37 funds opened positions while 60 raised stakes.

Let's take a quick look at how the price of Investors Bancorp, Inc. Cliftonlarsonallen Wealth Limited Liability has 62,017 shares. (NASDAQ:ISBC). Breithorn Capital owns 407,700 shares.

Buckingham Asset Management Llc increased Apple Inc (AAPL) stake by 18.73% reported in 2016Q4 SEC filing. Fragasso Grp Inc accumulated 17,305 shares. (NASDAQ:EGHT) or 117,635 shares. (NASDAQ:AAPL). Alpine Woods Ltd holds 2% of its portfolio in Apple Inc. (NASDAQ:AAPL) shares were sold by SCHILLER PHILIP W. (NASDAQ:ISBC). Blackrock Institutional Tru Na owns 7.89 million shares. Salient Trust Lta owns 16,743 shares for 0.1% of their portfolio. Clinton Gp holds 10,012 shares or 0.01% of its portfolio. Marshall Wace Limited Liability Partnership holds 72,558 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. 235.73 million shares or 2.04% less from 240.63 million shares in 2016Q3 were reported. Segment Wealth Mngmt Ltd Llc reported 48,615 shares stake.

WARNING: "U.S. Bancorp (USB) Receiving Positive News Coverage, Analysis Shows" was first published by Chaffey Breeze and is owned by of Chaffey Breeze. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Therefore 84% are positive. Baidu had 35 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has "Outperform" rating by Bernstein given on Tuesday, March 21.

A number of equities research analysts have weighed in on the company. Robert W. Baird has "Outperform" rating and $45 target. The rating was initiated by Needham on Friday, June 3 with "Buy". The rating was maintained by Barclays Capital with "Overweight" on Friday, May 20. The stock of 8×8, Inc. (NASDAQ:ISBC) on Friday, January 29 to "Sell" rating. The rating was initiated by Canaccord Genuity with "Buy" on Monday, August 10. The company now has a consensus rating of "Hold" and an average target price of $14.50. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.15%. SALZMAN ERIC sold 25,000 shares worth $385,318. Shares for $3.91 million were sold by AHRENDTS ANGELA J on Tuesday, May 9. The Company's divisions include Americas and Europe. Another trade for 374,636 shares valued at $19.65M was made by CECERE ANDREW on Wednesday, January 25. The stock of U.S. Bancorp (NYSE:USB) has "Neutral" rating given on Thursday, January 19 by Wedbush. 11,757 shares were sold by OMALEY DAVID B, worth $648,869 on Wednesday, February 15. von Gillern Jeffry H. had sold 20,000 shares worth $1.09M. After $0.82 actual EPS reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 4.88 % EPS growth.

Investors sentiment decreased to 1 in Q4 2016. Its down 0.28, from 1.28 in 2016Q3.

Check Capital Management Inc decreased its stake in Us Bancorp (USB) by 65.03% based on its latest 2016Q4 regulatory filing with the SEC. 123 funds opened positions while 723 raised stakes. SRS Capital Advisors Inc. purchased a new position in U.S. Bancorp during the fourth quarter worth about $112,000. The Bank is a chartered savings bank. 40,000 shares were sold by COOK TIMOTHY D, worth $4.98 million on Monday, January 30. Carlson Cap LP owns 174,569 shares or 0.24% of their U.S. portfolio. Boston invested in 0.01% or 701,919 shares. The First Interstate Bank holds 13,969 shares with $718,000 value, down from 157,396 last quarter. Forester Capital Limited reported 4.57% of its portfolio in U.S. Bancorp (NYSE:USB). Parsec holds 0.02% of its portfolio in U.S. Bancorp (NYSE:USB) for 5,581 shares.

Investors Bancorp, Inc. (ISBC) now has P/E (Price to Earnings) ratio of 20.99 while the company's industry has 17.9 P/E and the sector P/E is 27.88. (NASDAQ:ISBC). Bluemountain Limited Liability Corp, a New York-based fund reported 94,905 shares. 69,006 are held by Old Second National Bank & Trust Of Aurora. Weitz Incorporated reported 205 shares. U.S. Bancorp presently has a consensus rating of "Hold" and a consensus price target of $49.88. Therefore 40% are positive. U.S. Bancorp had 49 analyst reports since August 6, 2015 according to SRatingsIntel. $740,539 worth of U.S. Bancorp (NYSE:USB) was sold by GODRIDGE LESLIE V. $5.13 million worth of stock was sold by DOLAN TERRANCE R on Thursday, January 19. Guggenheim downgraded the stock to "Neutral" rating in Wednesday, April 6 report. Pacific Crest downgraded Baidu Inc (ADR) (NASDAQ:BIDU) on Tuesday, July 28 to "Sector Weight" rating. The rating was maintained by JP Morgan with "Neutral" on Thursday, April 7. The firm earned "Market Perform" rating on Friday, October 30 by Wells Fargo. Deutsche Bank upgraded the shares of USB in report on Wednesday, January 13 to "Buy" rating.

Analysts expect that U.S. Bancorp (NYSE:USB) will announce sales of $5.47 billion for the current quarter, Zacks reports.

Fine tuning their focus in on Investors Bancorp, Inc. The company has market cap of $83.04 billion. The Firm provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It has a 15.4 P/E ratio. It also engages in credit card services, merchant and automated teller machine processing, mortgage banking, insurance, brokerage and leasing.

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