U.S. Bancorp (USB) : Guardian Life Insurance Co Of America scooped up 42 additional shares in U.S. Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 6,124 shares of U.S. Bancorp which is valued at $261,679.U.S. Bancorp makes up approximately 0.04% of Guardian Life Insurance Co Of America’s portfolio.
Other Hedge Funds, Including , Crestwood Advisors reduced its stake in USB by selling 672 shares or 10.16% in the most recent quarter. The Hedge Fund company now holds 5,945 shares of USB which is valued at $254,030. U.S. Bancorp makes up approx 0.03% of Crestwood Advisors’s portfolio.Primecap Management Coca boosted its stake in USB in the latest quarter, The investment management firm added 163,775 additional shares and now holds a total of 4,983,100 shares of U.S. Bancorp which is valued at $212,927,863. U.S. Bancorp makes up approx 0.21% of Primecap Management Coca’s portfolio.Ashfield Capital Partners boosted its stake in USB in the latest quarter, The investment management firm added 18 additional shares and now holds a total of 46,322 shares of U.S. Bancorp which is valued at $1,983,508. U.S. Bancorp makes up approx 0.15% of Ashfield Capital Partners’s portfolio.Nwam reduced its stake in USB by selling 489 shares or 0.5% in the most recent quarter. The Hedge Fund company now holds 97,043 shares of USB which is valued at $4,169,938. U.S. Bancorp makes up approx 1.60% of Nwam’s portfolio. Quantitative Investment Management sold out all of its stake in USB during the most recent quarter. The investment firm sold 60,500 shares of USB which is valued $2,548,865.
U.S. Bancorp closed down -0.12 points or -0.27% at $44.03 with 51,95,535 shares getting traded on Thursday. Post opening the session at $44.25, the shares hit an intraday low of $43.66 and an intraday high of $44.26 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, U.S. Bancorp reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 15, 2016. Analyst had a consensus of $0.80. The company had revenue of $5448.00 million for the quarter, compared to analysts expectations of $5208.03 million. The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary U.S. Bank National Association is engaged in the general banking business in domestic markets. The Company provides a 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 machines (ATM) processing mortgage banking insurance brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals businesses institutional organizations governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Company’s domestic markets to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.