What are analysts Suggestions on: US Bancorp (NYSE:USB)
- Author: Zachary Reyes Feb 11, 2017,
Feb 11, 2017, 13:44
Therefore, if U.S. Bancorp meet or beat analysts' forecasts of earnings, its earnings per share would see an increase of about 5.26%. Prudential Financial Inc. now owns 95,959 shares of the financial services provider's stock valued at $3,561,000 after buying an additional 7,730 shares during the period. Johnson Investment Counsel Inc. owned 0.05% of U.S. Bancorp worth $37,847,000 at the end of the most recent quarter. Dimensional Fund Advisors LP boosted its stake in shares of Eagle Bancorp by 2.5% in the fourth quarter. Adirondack Trust Co. boosted its position in shares of U.S. Bancorp by 25.9% in the third quarter. Adirondack Trust Co. now owns 3,625 shares of the financial services provider's stock valued at $155,000 after buying an additional 745 shares during the last quarter.
A look at performance overview of New York Community Bancorp, Inc. depicts that Performance (Week) is 0.34 percent while Performance Month is -5.49%. Baird Financial Group Inc. now owns 8,515 shares of the financial services provider's stock worth $519,000 after buying an additional 3,036 shares during the period. Wealth Architects LLC acquired a new position in shares of U.S. Bancorp during the third quarter worth about $200,000. They are projecting Next Quarter growth of 4.8%. State Street Corp now owns 305,572 shares of the financial services provider's stock valued at $15,155,000 after buying an additional 34,368 shares during the period.
U.S. Bancorp closed its last trading session at $52.89 with the gain of 1.23%. The stock carved out a 52-week low down at $36.16. These analysts have also projected a Low Estimate of $0.77/share and a High Estimate of $0.83/share. The company has a market cap of $91.28 billion, a P/E ratio of 16.60 and a beta of 0.84. The company has a 50-day moving average price of $60.59 and a 200-day moving average price of $54.38.
U.S. Bancorp (USB) is slated to announce its fiscal Q1 earnings on Wednesday, Apr 19, 2017. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.04. Looking at the stock's movement on the chart, U.S. Bancorp recorded a 52-week high of $54.04. For the next 5 years, U.S. Bancorp is expecting Growth of 5.64% per annum, whereas in the past 5 years the growth was 3.6% per annum. The analyst projections are $0.8 in EPS on $5.29 billion in revenues.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 17th. The median estimate represents a +4.66% increase from the last price of 14.81.
The consensus recommendation for New York Community Bancorp Inc. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States & global copyright laws. The correct version of this piece of content can be read at https://baseballnewssource.com/markets/insider-selling-community-trust-bancorp-inc-ctbi-insider-sells-35319-90-in-stock/421587.html.
USB has been the topic of a number of recent analyst reports.
12 number of analysts also provided their insight on New York Community Bancorp, Inc., where the Average Price Target for the stock is $15.21. Stephens downgraded Eagle Bancorp from an overweight rating to an equal weight rating in a research report on Wednesday, December 21st. Zacks Investment Research upgraded Eagle Bancorp from a hold rating to a buy rating and set a $56.00 price objective for the company in a research report on Monday, October 24th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company's stock. Oppenheimer Holdings Inc. reiterated a "hold" rating on shares of U.S. Bancorp in a research note on Wednesday. U.S. Bancorp now has an average rating of "Hold" and a consensus target price of $47.35. The most recent short interest data show 6.08% of the company's stock are short sold. The shares were sold at an average price of $45.87, for a total transaction of $35,319.90. Following the sale, the insider now owns 115,124 shares of the company's stock, valued at $5,828,728.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Terrance R. Dolan sold 55,205 shares of the company's stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $62.08, for a total value of $310,400.00. The company's stock has grown by -1.23 percent in the past 5 years. The disclosure for this sale can be found here. Insiders have sold 1,354,560 shares of company stock worth $70,683,318 over the last quarter.
Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The company has the Market capitalization of $7.19 Billion.