Published: Sun, January 14, 2018
Industry | By Terrell Bush

S&T Bancorp, Inc. (STBA) Cut to Hold at Zacks Investment Research


Horan Capital Management sold 6,741 shares as U.S. Bancorp (USB)'s stock declined 6.89%. The institutional investor held 64,502 shares of the major banks company at the end of 2017Q3, valued at $3.46M, down from 93,625 at the end of the previous reported quarter. The stock increased 0.58% or $0.33 during the last trading session, reaching $57.01. About 399,385 shares traded.

Willis Investment Counsel raised its position in shares of U.S. Bancorp (NYSE:USB) by 2.4% in the third quarter, HoldingsChannel.com reports.

Price T Rowe Associates Inc increased its stake in Hd Supply Hldgs Inc (HDS) by 14035.57% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 185,759 shares of the technology company at the end of 2017Q3, valued at $7.31M, down from 216,725 at the end of the previous reported quarter. The financial services provider reported $0.65 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.60 by $0.05. The company has market cap of $94.56 billion. The stock decreased 1.08% or $0.17 during the last trading session, reaching $15.55. Schwab Charles Investment Management Inc. now owns 119,394 shares of the financial services provider's stock valued at $2,920,000 after buying an additional 1,950 shares during the period.

Analysts expect The Bancorp, Inc. (NASDAQ:HDS) has risen 25.80% since January 12, 2017 and is uptrending. It has outperformed by 36.10% the S&P500.

Investors sentiment increased to 1.19 in Q3 2017. Its down 0.01, from 0.9 in 2017Q2. Sold All: 61 Reduced: 441 Increased: 368 New Position: 81. 18 funds opened positions while 41 raised stakes.

Shares of U.S. Bancorp (USB) opened at $56.98 on Friday. Washington Trust accumulated 117,367 shares. Dimensional Fund LP has 21.85M shares. Mckinley Carter Wealth Inc holds 7,231 shares or 0.15% of its portfolio. Following the completion of the transaction, the director now directly owns 44,176 shares in the company, valued at approximately $1,747,602.56. Bank & Trust Of New York Mellon reported 67,997 shares. Lazard Asset Management Llc holds 0.04% or 366,169 shares. North Amer Mgmt Corporation accumulated 40,374 shares. Everett Harris And Communication Ca reported 215,826 shares or 0.35% of all its holdings.

The company now has an insider ownership of 0.13 Percent and Institutional ownership of 75.6 Percent. Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.33% invested in U.S. Bancorp (NYSE:USB). Badgley Phelps & Bell Inc stated it has 0.86% in U.S. Bancorp (NYSE:USB).

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Analysts await U.S. Bancorp (NYSE:USB) to report earnings on January, 17 before the open.

For the current quarter, 26 analysts are projecting a mean EPS of $0.87/share. It has a 16.96 P/E ratio. USB's profit will be $1.44 billion for 16.38 P/E if the $0.87 EPS becomes a reality.

Since September 6, 2017, it had 0 insider purchases, and 1 insider sale for $48,755 activity.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. U.S. Bancorp had 79 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of U.S. Bancorp (NYSE:USB) has "Outperform" rating given on Wednesday, October 7 by RBC Capital Markets. Wedbush maintained it with "Neutral" rating and $50 target in Wednesday, November 30 report. The firm has "Sell" rating by Bank of America given on Monday, October 2. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. The firm has "Neutral" rating by Nomura given on Monday, October 23. The stock has "Overweight" rating by Atlantic Securities on Monday, March 14. S&T Bancorp has a one year low of $23.06 and a one year high of $39.84. Therefore 29% are positive. (NYSE:CFG) rating on Wednesday, July 22. On Wednesday, September 13 the stock rating was maintained by Keefe Bruyette & Woods with "Hold". The rating was upgraded by Susquehanna to "Positive" on Tuesday, November 17. (NYSE:ECL) earned "Neutral" rating by Credit Suisse on Wednesday, February 24. The rating was upgraded by Argus Research on Thursday, July 20 to "Buy". The stock of HD Supply Holdings, Inc. The firm earned "Outperform" rating on Thursday, January 14 by Robert W. Baird. The firm has "Hold" rating by Deutsche Bank given on Wednesday, August 12. The stock has "Hold" rating by RBC Capital Markets on Wednesday, January 3. The firm earned "Neutral" rating on Monday, October 9 by Citigroup. The Company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services.

Nepsis Capital Management Inc, which manages about $214.00M and $193.71 million US Long portfolio, upped its stake in Baidu Inc (NASDAQ:BIDU) by 3,446 shares to 43,951 shares, valued at $10.89 million in 2017Q3, according to the filing. It also increased its holding in Veu (VEU) by 9,301 shares in the quarter, for a total of 54,128 shares, and has risen its stake in Mar (NASDAQ:MAR).

Investors sentiment decreased to 0.62 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. Thrivent For Lutherans invested in 70,248 shares. After $0.88 actual earnings per share reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts -1.14% negative EPS growth. Sasco Cap Ct reported 3.43% in HD Supply Holdings, Inc. (NASDAQ:STBA) or 1,250 shares. Pacifica Investments Ltd Com reported 1.19% stake. Jefferies Group reiterated a "buy" rating and set a $62.00 target price on shares of U.S. Bancorp in a report on Thursday, October 12th. (NASDAQ:HDS) or 537,628 shares. Fny Managed Accounts Ltd Limited Liability Company has 0.01% invested in S&T Bancorp, Inc. Legal General Grp Inc Public Ltd invested in 8,816 shares or 0% of the stock. Bankshares Of Stockton has 0.11% invested in Micron Technology, Inc. (NASDAQ:YRCW). Vanguard Gp Inc stated it has 0% of its portfolio in YRC Worldwide Inc.

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