Tyers Asset Management LLC Purchases New Position in US Bancorp (USB)

The share price of the company (PBIB) was up +1.64% during the last trading session, with a high of 9.30 and the volume of Porter Bancorp, Inc. shares traded was 1255. Comerica Bank now owns 511,067 shares of the financial services provider's stock worth $26,417,000 after buying an additional 12,107 shares in the last quarter. Cacti Asset Management LLC raised its position in U.S. Bancorp by 1.8% in the third quarter.

While looking at the Stock's Performance, U.S. Bancorp now shows a Weekly Performance of 0.16%, where Monthly Performance is 1.53%, Quarterly performance is 7.13%, 6 Months performance is 28.66% and yearly performance percentage is 38.12%. Finally, Beacon Financial Group raised its position in U.S. Bancorp by 23.8% in the third quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of U.S. Bancorp during the second quarter valued at approximately $106,000.

Shares of U.S. Bancorp (NYSE:USB) opened at 55.03 on Friday. The stock has a market cap of $92.65 billion, a P/E ratio of 16.88 and a beta of 0.84. The firm's 50-day moving average price is $54.44 and its 200 day moving average price is $49.00. Brookline Bancorp, Inc. has a 52-week low of 10.40 and a 52-week high of 17.45. The company reported the earnings of $0.82/Share in the last quarter where the estimated EPS by analysts was $0.81/share. The company had revenue of $5.44 billion for the quarter, compared to analysts' expectations of $5.38 billion. U.S. Bancorp had a net margin of 25.89% and a return on equity of 13.88%. According to the Analysts, the Low Earnings estimate for the current quarter is $0.77, while the High earnings estimate is $0.85.Comparatively, EPS for the same quarter previous year was $0.84.

USB has been the topic of several research reports.

06/12/2014 - Porter Bancorp, Inc. had its " rating reiterated by analysts at Sandler O'Neill. The stock has a consensus rating of "Hold" and a consensus price target of $47.87.

According to the most recent research notes issued by analysts 6 analysts have outstanding research reports on Eagle Bancorp, Inc.

U.S. Bancorp is a financial services holding company. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company's stock. The average and low price target for the stock are $54.84 and $48, respectively.

Currently, the stock carries a price to earnings ratio of 20.63, a price to book ratio of 6.34, and a price to sales ratio of 1.99. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Vice Chairman Terrance R. Dolan sold 101,334 shares of the stock in a transaction on Thursday, January 19th. The stock was sold at an average price of $47.67, for a total value of $2,631,622.35. The disclosure for this sale can be found here.

The stock increased +0.08% (+0.05) during the last days session, reaching 60.55 and roughly 62867 shares were bought or sold by traders. Company insiders own 0.68% of the company's stock.

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. The Company's activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in MA and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

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