Xact Kapitalforvaltning AB Buys 8609 Shares of US Bancorp (NYSE:USB)

Remigio Civitarese
Luglio 3, 2017

The highest sales estimate is $5.49 billion and the lowest is $5.44 billion.

U.S. Bancorp (USB) reported sales (ttm) of 13.35 Billion, whereas, 19 number of analysts estimated the mean sale of 5607.61 million. Zacks Investment Research cut U.S. Bancorp from a "buy" rating to a "hold" rating in a research note on Wednesday, March 22nd. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.02.

Wall Street await U.S. Bancorp (NYSE:USB) to release earnings on July, 19 before the open.

A number of equities analysts have weighed in on USB shares. Finally, Wells Fargo & Company cut U.S. Bancorp from an "outperform" rating to a "market perform" rating and increased their target price for the company from $38.48 to $52.31 in a research report on Thursday, May 4th. They noted that the move was a valuation call. Royal Bank Of Canada restated a "buy" rating and issued a $55.00 price target on shares of U.S. Bancorp in a research report on Tuesday, April 4th.

U.S. Bancorp (NYSE:USB) opened its previous trading session at $51.99 later Inclining 0.27% to close its trade at a share price of $51.92. Jefferies Group LLC reiterated a "buy" rating and issued a $59.00 target price on shares of U.S. Bancorp in a research note on Friday, June 9th.

Among 6 analysts covering Skullcandy (NASDAQ:SKUL), 5 have Buy rating, 0 Sell and 1 Hold. The stock has a consensus rating of "Hold" and an average target price of $50.95.

The Stock traded with an actual day volume of 6.85 Million and average volume of 6.49 Million respectively. U.S. Bancorp has a 1-year low of $38.63 and a 1-year high of $56.61. The company's 50-day moving average price is $51.68 and its 200-day moving average price is $52.36.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $1.12 dividend on an annualized basis and a yield of 2.16%. Michigan-based Arcadia Invest Mngmt Mi has invested 0.01% in U.S. Bancorp (NYSE:USB).

COPYRIGHT VIOLATION WARNING: This article was posted by [[site]] and is the sole property of of [[site]]. If you are accessing this article on another domain, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright laws. The legal version of this article can be accessed at [[permalink]]. Stone Kent V. had sold 14,009 shares worth $743,177 on Friday, January 27. The shares were sold at an average price of $52.18, for a total value of $740,538.56. Following the transaction, the insider now owns 73,857 shares of the company's stock, valued at $3,738,641.34.

Greylin Investment Mangement Inc decreased its stake in Us Bancorp Del (USB) by 33.88% based on its latest 2016Q4 regulatory filing with the SEC.

In other U.S. Bancorp news, Vice Chairman P.W. Parker sold 29,449 shares of the firm's stock in a transaction dated Tuesday, May 16th. The stock rose 1.52% or $0.79 reaching $52.71 per share. Following the completion of the sale, the insider now directly owns 307,698 shares of the company's stock, valued at approximately $15,981,834.12. The disclosure for this sale can be found here. Insiders sold 69,387 shares of company stock worth $3,573,382 in the last three months.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Finally, Sunbelt Securities Inc. acquired a new stake in shares of U.S. Bancorp during the fourth quarter worth $142,000. Twin Incorporated owns 14,025 shares or 0.05% of their USA portfolio. Louisiana State Employees Retirement System has 0.27% invested in U.S. Bancorp (NYSE:USB) for 100,500 shares. Ltd. now owns 3,006,525 shares of the financial services provider's stock worth $154,430,000 after buying an additional 2,842,298 shares during the last quarter. About shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since July 3, 2016 and is uptrending. Commerzbank Aktiengesellschaft FI now owns 253,862 shares of the financial services provider's stock valued at $13,041,000 after buying an additional 100,811 shares during the last quarter. Hemenway Trust Co LLC bought a new stake in shares of U.S. Bancorp during the fourth quarter valued at about $109,000. FMR LLC now owns 71,056,058 shares of the financial services provider's stock valued at $3,650,150,000 after buying an additional 2,840,892 shares during the last quarter. Hudock Capital Group has an ownership of 3,787 stocks of the financial services provider's shares valued at $195,000 after scooping up an extra 16 shares through out the previous quarter, Beese Fulmer Investment Management upped its stake in U.S. Bancorp by 0.4% in the Q1. Madrona Financial Services Llc sold 9,999 shares as Us Bancorp Del (USB)'s stock declined 6.89%.

U.S. Bancorp is a multi-state financial services holding company. 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 also engages in credit card services, merchant and automated teller machine processing, mortgage banking, insurance, brokerage and leasing.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE