Brokerages Set US Bancorp (USB) Price Target at $49.76
- Author: Zachary Reyes Jun 21, 2017,
Jun 21, 2017, 21:12
U.S. Bancorp has a one year low of $38.47 and a one year high of $56.61. The stock rose 1.01% or $0.53 reaching $52.8 per share. DAVIS RICHARD K also sold $37.12 million worth of U.S. Bancorp (NYSE:USB) on Wednesday, January 25. It has outperformed by 6.37% the S&P500.
A number of equities analysts recently commented on USB shares.
Among 18 analysts covering Electronic Arts (NASDAQ:EA), 14 have Buy rating, 0 Sell and 4 Hold. The stock has "Overweight" rating by Barclays Capital on Tuesday, January 3.
Investors Bancorp, Inc. had its " rating reiterated by analysts at Deutsche Bank. The stock has "Neutral" rating by Mizuho on Friday, August 5.
Price targets show what analysts believes a stock will be worth at the end of a certain time period. Credit Suisse maintained Textron Inc. The stock has "Buy" rating by Canaccord Genuity on Wednesday, July 22. Morgan Stanley (NYSE:MS) earnings have declined with a quarterly rate of -0.6% over the last 5 years. M Partners has "Buy" rating and $82 target. The firm has "Neutral" rating by Wedbush given on Thursday, January 19.
Oakridge Global Energy Solutions, Inc.is an energy storage solution provider. Market Capitalization if basically the market value of the company's shares outstanding. It has a 12.76 P/E ratio. The Textron Aviation segment is engaged in general aviation.
The stock is noticeable among investors as USB reported favorable performance of 1.75%. Its up 0.10, from 0.97 in 2016Q3. Hedge funds and other institutional investors own 75.51% of the company's stock. 58 funds opened positions while 90 raised stakes. Tortoise Mgmt Limited Liability reported 3,305 shares. White Pine Limited Liability Company reported 23,897 shares or 0.52% of all its holdings. Oklahoma-based Bokf Na has invested 0.01% in Textron Inc. Alpha Windward Lc stated it has 0.05% of its portfolio in Electronic Arts Inc. (NYSE:TXT). Srb stated it has 0.03% of its portfolio in Textron Inc. Nippon Life Insurance Co invested in 0.07% or 67,590 shares. Amf Pensionsforsakring Ab accumulated 1.14M shares. United Fin Advisers Ltd holds 0.07% or 148,309 shares. Qs Invsts Ltd accumulated 1,018 shares. The Company's principal products include lithium ion large format prismatic cells (from 20 ampere hour (Ah) to 200Ah), small format prismatic cells (from 0.25Ah to 10Ah) and battery modules made from these cells. 800 are owned by Cranbrook Wealth Mgmt Limited Company. It is positive, as 36 investors sold VOYA shares while 136 reduced holdings. About 38,650 shares traded. PerkinElmer, Inc. (NYSE:PKI) has risen 14.86% since June 21, 2016 and is uptrending. It has outperformed by 16.34% the S&P500.
Since January 19, 2017, it had 0 insider purchases, and 15 sales for $72.48 million activity. CARLSON JENNIE P had sold 20,000 shares worth $1.06M. Shares for $1.53 million were sold by Parker P.W. on Tuesday, May 16.
Investors sentiment increased to 0.86 in 2016 Q4. Its down 0.38, from 0.38 in 2016Q3. Ltd. boosted its position in shares of U.S. Bancorp (NYSE:USB) by 3.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Finally, Dimensional Fund Advisors LP raised its stake in Investors Bancorp by 2.1% in the first quarter. The legal version of this story can be read at https://transcriptdaily.com/2017/06/21/u-s-bancorp-usb-shares-bought-by-rhumbline-advisers.html. Stadion Money Mngmt Limited Liability Co reported 19,890 shares or 0.03% of all its holdings.
U.S. Bancorp (NYSE:USB) last issued its quarterly earnings data on Wednesday, April 19th.
U.S. Bancorp (NYSE:USB) announced that Tim Welsh will join the organization as vice chairman of Consumer Banking Sales and Support on July 10. 4,725 are held by Tiemann Inv Advisors Lc. Ea (EA) stake by 69.86% reported in 2016Q4 SEC filing. Following the sale, the vice president now directly owns 725,827 shares in the company, valued at $9,863,988.93. Rafferty Capital Markets lowered shares of U.S. Bancorp from a "buy" rating to a "hold" rating and set a $53.00 target price for the company.in a research report on Thursday, April 20th. The institutional investor held 22,089 shares of the finance company at the end of 2016Q4, valued at $866,000, down from 30,354 at the end of the previous reported quarter. Jefferies Group LLC restated a "buy" rating and issued a $59.00 price target on shares of U.S. Bancorp in a research report on Friday, June 9th. Its down 97.56% from 4,100 shares previously. Fenimore Asset Mngmt reported 0.02% of its portfolio in U.S. Bancorp (NYSE:USB). Invesco holds 5.52 million shares. The other 7, though not evenly; between analysts who think you should buy U.S. Bancorp (NYSE:USB) versus those who think you should sell it. Therefore 25% are positive.
Now the P/E of U.S. Bancorp stands at 15.95. The company was maintained on Thursday, October 20 by RBC Capital Markets. As per Thursday, April 21, the company rating was downgraded by Robert W. Baird. The rating was upgraded by Portales Partners on Tuesday, August 25 to "Sector Perform". The firm has "Neutral" rating given on Wednesday, April 6 by Guggenheim. The company was initiated on Wednesday, January 11 by UBS. The company was initiated on Monday, December 14 by Ladenburg Thalmann. During the same period in the prior year, the business posted $0.76 earnings per share. This translates into $1.46 billion profit for USB giving the stock a 15.22 P/E. After posting $0.82 EPS for the previous quarter, U.S. Bancorp's analysts now forecast 4.88 % EPS growth.