Salient Trust Company Lta Has Boosted Apple (AAPL) Holding By $324,940; Cortland Advisers Decreased By $1.67 Million Its Us Bancorp/Mn (USB) Holding

January 14, 2018 - By Maria Brooks

Cortland Advisers Llc decreased Us Bancorp/Mn (USB) stake by 2.72% reported in 2017Q3 SEC filing. Cortland Advisers Llc sold 31,469 shares as Us Bancorp/Mn (USB)’s stock declined 6.89%. The Cortland Advisers Llc holds 1.12 million shares with $60.28M value, down from 1.16M last quarter. Us Bancorp/Mn now has $94.56B valuation. The stock increased 0.53% or $0.3 during the last trading session, reaching $56.98. About 5.34M shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since January 14, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

Salient Trust Company Lta increased Apple Inc (AAPL) stake by 1.83% reported in 2017Q3 SEC filing. Salient Trust Company Lta acquired 2,110 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Salient Trust Company Lta holds 117,325 shares with $18.08M value, up from 115,215 last quarter. Apple Inc now has $900.87B valuation. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Since August 9, 2017, it had 0 insider buys, and 1 sale for $15,927 activity. Gifford Craig E had sold 300 shares worth $15,927.

Among 30 analysts covering U.S. Bancorp (NYSE:USB), 8 have Buy rating, 2 Sell and 20 Hold. Therefore 27% are positive. U.S. Bancorp had 79 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Wednesday, July 22 by Canaccord Genuity. The rating was maintained by Wedbush on Thursday, January 19 with “Neutral”. The firm has “Buy” rating by Jefferies given on Friday, September 15. Deutsche Bank upgraded the shares of USB in report on Wednesday, January 13 to “Buy” rating. The firm has “Sector Perform” rating given on Friday, January 22 by RBC Capital Markets. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. Rafferty downgraded the stock to “Hold” rating in Thursday, April 20 report. The firm has “Hold” rating given on Wednesday, August 12 by Deutsche Bank. As per Thursday, December 1, the company rating was downgraded by Susquehanna. As per Wednesday, December 21, the company rating was downgraded by Atlantic Securities.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on January, 17 before the open. They expect $0.87 EPS, up 6.10% or $0.05 from last year’s $0.82 per share. USB’s profit will be $1.44B for 16.37 P/E if the $0.87 EPS becomes a reality. After $0.88 actual EPS reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts -1.14% negative EPS growth.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.01, from 0.9 in 2017Q2. It fall, as 61 investors sold USB shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported. Primecap Co Ca stated it has 5.08M shares. Ontario Teachers Pension Plan Board owns 217,670 shares for 0.15% of their portfolio. Sentry Corp holds 0.51% in U.S. Bancorp (NYSE:USB) or 935,575 shares. Suntrust Banks Incorporated reported 0.14% in U.S. Bancorp (NYSE:USB). Duff Phelps Mngmt invested in 17,852 shares or 0.01% of the stock. Huntington Savings Bank accumulated 495,568 shares. First Eagle Mngmt Ltd Liability Corp accumulated 11.90M shares. Azimuth Cap Management Lc reported 0.04% in U.S. Bancorp (NYSE:USB). Howe Rusling reported 507 shares. Natixis holds 0.52% of its portfolio in U.S. Bancorp (NYSE:USB) for 1.05M shares. California-based Perigon Wealth Mngmt Limited Liability has invested 0.29% in U.S. Bancorp (NYSE:USB). Bahl And Gaynor Inc holds 1.05% in U.S. Bancorp (NYSE:USB) or 1.79 million shares. Marble Harbor Investment Counsel Ltd Liability Company stated it has 4,354 shares. Hikari Power Ltd invested in 112,900 shares or 0.78% of the stock. Rampart Invest Management Ltd Llc invested in 19,540 shares or 0.35% of the stock.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. State Of Tennessee Treasury Department has invested 2.95% in Apple Inc. (NASDAQ:AAPL). Cue Group holds 1.6% in Apple Inc. (NASDAQ:AAPL) or 14,969 shares. Criterion Cap Ltd Liability reported 113,000 shares stake. Godshalk Welsh Mgmt holds 2.38% in Apple Inc. (NASDAQ:AAPL) or 15,400 shares. Princeton Capital Mgmt stated it has 50,654 shares. 28,000 were accumulated by Odey Asset Mgmt Grp Incorporated Ltd. Asset Mngmt Incorporated stated it has 12,238 shares or 1.16% of all its holdings. 72,085 were reported by D L Carlson Investment Grp. Richard Bernstein Advsr Ltd Liability Company holds 191,566 shares. 941,796 are owned by Haverford Trust. San Francisco Sentry Invest Gp (Ca) owns 73,709 shares or 3.81% of their US portfolio. Headinvest reported 16,204 shares. 78,261 are held by Bouchey Gp Ltd. Mathes holds 3.66% or 50,378 shares. Community Comml Bank Na holds 1.75% or 103,294 shares.

Since August 7, 2017, it had 0 buys, and 12 insider sales for $93.68 million activity. KONDO CHRIS sold $1.01 million worth of stock or 6,209 shares. Another trade for 5,892 shares valued at $948,612 was made by Srouji Johny on Monday, August 28. Another trade for 56,808 shares valued at $8.79 million was made by SCHILLER PHILIP W on Tuesday, October 3. The insider FEDERIGHI CRAIG sold 63,163 shares worth $9.98 million. SEWELL D BRUCE had sold 31,625 shares worth $5.00 million. Shares for $2.73M were sold by Riccio Daniel J.. Another trade for 268,623 shares valued at $43.15 million was made by COOK TIMOTHY D on Thursday, August 24.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by RBC Capital Markets on Monday, June 26. On Wednesday, July 22 the stock rating was downgraded by Cowen & Co to “Market Perform”. The firm earned “Buy” rating on Friday, September 22 by Nomura. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by JP Morgan on Friday, September 11. PiperJaffray reinitiated Apple Inc. (NASDAQ:AAPL) on Friday, December 16 with “Overweight” rating. The firm earned “Buy” rating on Friday, August 7 by FBR Capital. The firm has “Buy” rating given on Tuesday, November 21 by Rosenblatt. The company was maintained on Tuesday, October 18 by Stifel Nicolaus. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Guggenheim on Friday, December 1. On Monday, October 26 the stock rating was maintained by Cowen & Co with “Market Perform”.

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