Logan Capital Management Lowered Its U S Bancorp Del Com New (USB) Position; 0 Bullish Analysts Covering Brown-Forman (BF.B)

November 15, 2017 - By reb123z

Logan Capital Management Inc decreased U S Bancorp Del Com New (USB) stake by 48.7% reported in 2017Q2 SEC filing. Logan Capital Management Inc sold 10,572 shares as U S Bancorp Del Com New (USB)’s stock declined 6.89%. The Logan Capital Management Inc holds 11,138 shares with $578,000 value, down from 21,710 last quarter. U S Bancorp Del Com New now has $86.01B valuation. The stock declined 0.95% or $0.49 reaching $51.34 per share. About 40,323 shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since November 15, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.

Among 11 analysts covering Brown-Forman (NYSE:BF.B), 0 have Buy rating, 2 Sell and 9 Hold. Therefore 0 are positive. Brown-Forman had 30 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse on Friday, September 16 with “Outperform”. Stifel Nicolaus maintained it with “Hold” rating and $49.0 target in Thursday, October 12 report. Stifel Nicolaus maintained Brown-Forman Corporation (NYSE:BF.B) on Thursday, August 27 with “Buy” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, October 23. As per Thursday, December 22, the company rating was downgraded by SunTrust. RBC Capital Markets maintained the stock with “Hold” rating in Friday, June 23 report. The company was downgraded on Friday, February 26 by Sterne Agee CRT. As per Tuesday, July 25, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, May 23 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, August 22 by Cowen & Co. See Brown-Forman Corporation (NYSE:BF.B) latest ratings:

06/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $51.0 Maintain
12/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $49.0 Maintain
10/10/2017 Broker: Cowen & Co Rating: Hold New Target: $54.0 Maintain
05/10/2017 Broker: SunTrust Rating: Hold New Target: $50.0 Maintain
03/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $51.0 Maintain
28/09/2017 Broker: Goldman Sachs Rating: Hold New Target: $56.0 Upgrade
31/08/2017 Broker: Cowen & Co Rating: Hold New Target: $54.0 Maintain
30/08/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $49.0 Maintain
29/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $51.0 Maintain
22/08/2017 Broker: Cowen & Co Rating: Hold New Target: $52.0 Maintain

The stock decreased 0.02% or $0.01 on November 14, reaching $59.12. About 4,327 shares traded. Brown-Forman Corporation (NYSE:BF.B) has risen 11.07% since November 15, 2016 and is uptrending. It has underperformed by 5.63% the S&P500.

Brown-Forman Corporation is a spirit and wine company. The company has market cap of $22.74 billion. The Firm makes, bottles, imports, exports, markets and sells a range of alcoholic beverages. It has a 32.69 P/E ratio. The Firm has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail brands.

Logan Capital Management Inc increased Primerica Inc Com (NYSE:PRI) stake by 44,696 shares to 59,891 valued at $4.54 million in 2017Q2. It also upped Dicks Sporting Goods Com (NYSE:DKS) stake by 148,926 shares and now owns 253,193 shares. Ishares Tr Core Msci Eafe (IEFA) was raised too.

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.01, from 0.91 in 2017Q1. It worsened, as 48 investors sold USB shares while 458 reduced holdings. 93 funds opened positions while 362 raised stakes. 1.21 billion shares or 2.75% less from 1.24 billion shares in 2017Q1 were reported. Oppenheimer Asset Mngmt invested in 0.05% or 36,705 shares. 137,400 are held by Laurion Mgmt L P. 5.14M are owned by Primecap Ca. Asset Mgmt One Ltd invested in 2.64 million shares. Airain Limited has invested 0.17% in U.S. Bancorp (NYSE:USB). Peoples Fincl Services Corporation owns 25,410 shares for 0.77% of their portfolio. Mount Lucas Management Limited Partnership holds 0.45% or 45,970 shares. Liberty Capital Incorporated holds 1.81% or 57,789 shares. Pennsylvania-based Weik Invest Svcs has invested 0.29% in U.S. Bancorp (NYSE:USB). Wells Fargo & Mn has invested 0.38% in U.S. Bancorp (NYSE:USB). Ray Gerald L & Limited invested in 14,463 shares. Monetary Mgmt holds 0.44% of its portfolio in U.S. Bancorp (NYSE:USB) for 20,830 shares. Nomura Inc owns 122,033 shares or 0.02% of their US portfolio. Mitchell Sinkler & Starr Pa holds 10,455 shares or 0.89% of its portfolio. Boston Prtnrs reported 427,065 shares or 0.03% of all its holdings.

Among 29 analysts covering U.S. Bancorp (NYSE:USB), 7 have Buy rating, 2 Sell and 20 Hold. Therefore 24% are positive. U.S. Bancorp had 72 analyst reports since August 6, 2015 according to SRatingsIntel. Robert W. Baird downgraded U.S. Bancorp (NYSE:USB) on Thursday, April 21 to “Neutral” rating. The firm earned “Overweight” rating on Tuesday, November 24 by Piper Jaffray. The company was maintained on Wednesday, April 5 by RBC Capital Markets. The stock has “Neutral” rating by Piper Jaffray on Wednesday, November 16. The stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given on Thursday, July 20 by Argus Research. Morgan Stanley maintained it with “Underweight” rating and $55 target in Thursday, October 19 report. Bank of America downgraded the stock to “Sell” rating in Monday, October 2 report. The stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given on Friday, August 28 by Guggenheim. UBS initiated it with “Buy” rating and $60 target in Wednesday, January 11 report. On Thursday, September 28 the stock rating was downgraded by Nomura to “Hold”.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on January, 17. They expect $0.88 earnings per share, up 7.32% or $0.06 from last year’s $0.82 per share. USB’s profit will be $1.47B for 14.59 P/E if the $0.88 EPS becomes a reality. After $0.88 actual earnings per share reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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