Medtronic Plc (MDT) Holder Diversified Trust Co Has Increased Position; As Us Bancorp New (USB) Market Value Declined, Holder Enterprise Financial Services Has Cut by $436,084 Its Stake

May 26, 2018 - By David King

Medtronic plc (NYSE:MDT) Logo

Enterprise Financial Services Corp decreased its stake in Us Bancorp New (USB) by 18.4% based on its latest 2017Q4 regulatory filing with the SEC. Enterprise Financial Services Corp sold 8,228 shares as the company’s stock declined 8.45% with the market. The institutional investor held 36,490 shares of the major banks company at the end of 2017Q4, valued at $1.96M, down from 44,718 at the end of the previous reported quarter. Enterprise Financial Services Corp who had been investing in Us Bancorp New for a number of months, seems to be less bullish one the $83.01B market cap company. The stock decreased 0.26% or $0.13 during the last trading session, reaching $50.54. About 4.35M shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since May 26, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Diversified Trust Co increased its stake in Medtronic Plc (MDT) by 7.29% based on its latest 2017Q4 regulatory filing with the SEC. Diversified Trust Co bought 5,612 shares as the company’s stock declined 4.15% with the market. The institutional investor held 82,570 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q4, valued at $6.67 million, up from 76,958 at the end of the previous reported quarter. Diversified Trust Co who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $116.97B market cap company. The stock decreased 0.79% or $0.69 during the last trading session, reaching $86.3. About 4.69M shares traded. Medtronic plc (NYSE:MDT) has declined 3.54% since May 26, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.07, from 0.89 in 2017Q3. It improved, 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. Clearbridge Investments Lc stated it has 6.27 million shares. Citigroup accumulated 1.33M shares. Tiaa Cref Investment Mngmt holds 0.16% or 4.55 million shares. Virginia Retirement Et Al invested in 0.05% or 79,500 shares. Schulhoff holds 120,766 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0.31% or 648,039 shares. Zacks Inv Mngmt invested in 765,585 shares or 0.89% of the stock. Biondo Invest Advisors Limited reported 0.07% of its portfolio in U.S. Bancorp (NYSE:USB). 107.30M are held by Vanguard Grp. Viking Fund Ltd holds 0.17% or 19,000 shares. Ruggie Cap Gp invested in 1,258 shares. Obermeyer Wood Invest Counsel Lllp has 0.02% invested in U.S. Bancorp (NYSE:USB) for 4,182 shares. State Treasurer State Of Michigan stated it has 0.48% in U.S. Bancorp (NYSE:USB). First Citizens National Bank & Trust And invested in 0.06% or 8,377 shares. Ngam Advisors Lp reported 386,837 shares.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on July, 18. They expect $1.00 earnings per share, up 17.65% or $0.15 from last year’s $0.85 per share. USB’s profit will be $1.64B for 12.64 P/E if the $1.00 EPS becomes a reality. After $0.95 actual earnings per share reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Since February 20, 2018, it had 0 insider buys, and 5 sales for $9.81 million activity. von Gillern Jeffry H. had sold 13,641 shares worth $750,528 on Friday, February 23. Parker P.W. sold $5.51M worth of U.S. Bancorp (NYSE:USB) on Tuesday, February 20. The insider Kelligrew James B sold $1.10M. $1.10 million worth of U.S. Bancorp (NYSE:USB) shares were sold by Elmore John R..

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 12 have Buy rating, 4 Sell and 17 Hold. Therefore 36% are positive. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. Rafferty downgraded the stock to “Hold” rating in Thursday, April 20 report. The stock of U.S. Bancorp (NYSE:USB) earned “Buy” rating by Deutsche Bank on Thursday, January 25. The company was maintained on Monday, October 9 by Citigroup. RBC Capital Markets maintained it with “Buy” rating and $55 target in Wednesday, April 5 report. The firm earned “Buy” rating on Monday, March 26 by Robert W. Baird. The stock has “Overweight” rating by Piper Jaffray on Tuesday, November 24. The stock of U.S. Bancorp (NYSE:USB) earned “Hold” rating by Piper Jaffray on Sunday, September 17. Deutsche Bank upgraded U.S. Bancorp (NYSE:USB) on Tuesday, September 8 to “Buy” rating. Jefferies maintained U.S. Bancorp (NYSE:USB) on Wednesday, April 18 with “Buy” rating. The firm earned “Buy” rating on Tuesday, March 22 by Societe Generale.

Diversified Trust Co, which manages about $1.63 billion US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 2,470 shares to 39,148 shares, valued at $6.75 million in 2017Q4, according to the filing. It also reduced its holding in Autozone Inc (NYSE:AZO) by 595 shares in the quarter, leaving it with 4,949 shares, and cut its stake in Spdr S&P 500 Etf Tr (SPY).

Among 29 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Medtronic had 86 analyst reports since August 10, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Thursday, February 22 report. As per Tuesday, June 27, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Thursday, March 23 by Oppenheimer. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, November 22. The rating was downgraded by BTIG Research on Wednesday, June 1 to “Neutral”. Needham maintained it with “Buy” rating and $91 target in Wednesday, February 22 report. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Oppenheimer on Monday, June 26. The stock has “Overweight” rating by Morgan Stanley on Wednesday, March 2. The stock has “Buy” rating by Oppenheimer on Tuesday, August 22. The company was initiated on Tuesday, August 23 by Citigroup.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.10, from 1.12 in 2017Q3. It dropped, as 65 investors sold MDT shares while 427 reduced holdings. 111 funds opened positions while 393 raised stakes. 1.04 billion shares or 2.98% less from 1.07 billion shares in 2017Q3 were reported. South Dakota Inv Council holds 1.11% or 618,476 shares in its portfolio. Cullinan Associate accumulated 101,616 shares. Moreover, Gulf Commercial Bank (Uk) Limited has 0.45% invested in Medtronic plc (NYSE:MDT) for 433,769 shares. Aureus Asset Mgmt Limited Co invested 0.04% in Medtronic plc (NYSE:MDT). Neville Rodie Shaw invested in 18,903 shares. Paradigm Asset Mngmt Lc holds 0.03% in Medtronic plc (NYSE:MDT) or 1,200 shares. M&T Bank & Trust Corporation, New York-based fund reported 182,132 shares. Palisade Asset Management Lc has 0.43% invested in Medtronic plc (NYSE:MDT). Ogorek Anthony Joseph New York Adv has 0.35% invested in Medtronic plc (NYSE:MDT) for 5,371 shares. Corbyn Investment Mgmt Md has 1.12% invested in Medtronic plc (NYSE:MDT). Brown Brothers Harriman holds 0.01% of its portfolio in Medtronic plc (NYSE:MDT) for 31,460 shares. Guardian Life Insur Of America reported 0.08% stake. The California-based Fdx Advsrs has invested 0.09% in Medtronic plc (NYSE:MDT). 11,356 were accumulated by Highlander Capital Lc. Field Main Commercial Bank has 0.23% invested in Medtronic plc (NYSE:MDT) for 2,925 shares.

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

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