Berkshire Hathaway INC Maintains Stake in Us Bancorp Del (USB)

April 26, 2018 - By Vivian Park

U.S. Bancorp (NYSE:USB) LogoInvestors sentiment increased to 0.96 in Q4 2017. Its up 0.07, from 0.89 in 2017Q3. It is positive, as 38 investors sold USB shares while 462 reduced holdings. 118 funds opened positions while 361 raised stakes. 1.18 billion shares or 1.20% less from 1.20 billion shares in 2017Q3 were reported. Amer & holds 8,082 shares. The Oregon-based Confluence Wealth Management Limited Liability Corp has invested 1.33% in U.S. Bancorp (NYSE:USB). Forward Mgmt Ltd Liability Company accumulated 28,711 shares or 0.17% of the stock. Fiduciary has 418,324 shares. The Pennsylvania-based Mount Lucas Mgmt Lp has invested 0.38% in U.S. Bancorp (NYSE:USB). Schulhoff And Co Inc owns 120,766 shares or 3.63% of their US portfolio. Delphi Ma invested in 1.5% or 49,084 shares. Moreover, Stadion Money Management Limited Liability Company has 0.05% invested in U.S. Bancorp (NYSE:USB). Mutual Of Omaha Bancorporation Wealth Management holds 0.12% or 8,456 shares. Capital Advsrs Ok stated it has 0.03% of its portfolio in U.S. Bancorp (NYSE:USB). Schroder Inv Mgmt holds 0.16% or 1.82 million shares in its portfolio. First Commonwealth Financial Corporation Pa holds 11,341 shares. Pinnacle Financial Partners Inc reported 100,013 shares or 0.56% of all its holdings. Segall Bryant & Hamill Lc reported 77,507 shares. Summit Fincl Wealth Advisors Ltd Liability holds 0.08% or 4,378 shares.

Since February 20, 2018, it had 0 insider purchases, and 5 selling transactions for $9.81 million activity. von Gillern Jeffry H. sold 13,641 shares worth $750,528. 20,000 shares were sold by Elmore John R., worth $1.10M on Friday, February 23. Shares for $1.35 million were sold by GODRIDGE LESLIE V on Friday, February 23. Kelligrew James B also sold $1.10M worth of U.S. Bancorp (NYSE:USB) on Friday, February 23.

Warren Buffett increased its stake in Us Bancorp Del (USB) by 2.35% based on its latest 2017Q4 regulatory filing with the SEC. Berkshire Hathaway Inc bought 2.00 million shares as the company’s stock declined 8.45% with the market. The hedge fund run by Warren Buffett held 87.06M shares of the major banks company at the end of 2017Q4, valued at $4.66 billion, up from 85.06 million at the end of the previous reported quarter. Berkshire Hathaway Inc who had been investing in Us Bancorp Del for a number of months, seems to be bullish on the $83.90B market cap company. The stock increased 0.18% or $0.09 during the last trading session, reaching $50.88. About 2.21M shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since April 26, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Berkshire Hathaway Inc, which manages about $191.24B US Long portfolio, decreased its stake in General Mtrs Co (NYSE:GM) by 10.00M shares to 50.00 million shares, valued at $2.05 billion in 2017Q4, according to the filing.

U.S. Bancorp (NYSE:USB) Ratings Coverage

Among 14 analysts covering US Bancorp (NYSE:USB), 6 have Buy rating, 3 Sell and 5 Hold. Therefore 43% are positive. US Bancorp has $64.0 highest and $50 lowest target. $57.46’s average target is 12.93% above currents $50.88 stock price. US Bancorp had 24 analyst reports since November 1, 2017 according to SRatingsIntel. The rating was maintained by Susquehanna on Wednesday, April 18 with “Hold”. The firm earned “Buy” rating on Wednesday, April 18 by Piper Jaffray. Keefe Bruyette & Woods maintained U.S. Bancorp (NYSE:USB) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $56.0 target. Sandler O’Neill maintained it with “Hold” rating and $5400 target in Wednesday, April 18 report. The stock has “Buy” rating by Jefferies on Monday, January 8. Jefferies maintained U.S. Bancorp (NYSE:USB) on Wednesday, April 18 with “Buy” rating. UBS downgraded U.S. Bancorp (NYSE:USB) rating on Tuesday, December 12. UBS has “Hold” rating and $60.0 target. The company was maintained on Thursday, April 19 by Morgan Stanley. As per Friday, January 5, the company rating was upgraded by PiperJaffray. The stock has “Neutral” rating by JP Morgan on Wednesday, November 1.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.