Usca Ria Has Decreased Its Us Bancorp Del (USB) Position; Tcp Capital (TCPC) Sellers Decreased By 8.45% Their Shorts

May 22, 2018 - By Peter Mason

U.S. Bancorp (NYSE:USB) Logo

Usca Ria Llc decreased Us Bancorp Del (USB) stake by 91.68% reported in 2017Q4 SEC filing. Usca Ria Llc sold 41,444 shares as Us Bancorp Del (USB)’s stock declined 8.45%. The Usca Ria Llc holds 3,763 shares with $202,000 value, down from 45,207 last quarter. Us Bancorp Del now has $84.46 billion valuation. The stock increased 1.42% or $0.72 during the last trading session, reaching $51.42. About 3.32 million shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since May 22, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Tcp Capital Corp (NASDAQ:TCPC) had a decrease of 8.45% in short interest. TCPC’s SI was 275,300 shares in May as released by FINRA. Its down 8.45% from 300,700 shares previously. With 306,600 avg volume, 1 days are for Tcp Capital Corp (NASDAQ:TCPC)’s short sellers to cover TCPC’s short positions. The stock increased 0.24% or $0.0348 during the last trading session, reaching $14.6848. About 88,132 shares traded. TCP Capital Corp. (NASDAQ:TCPC) has declined 17.80% since May 22, 2017 and is downtrending. It has underperformed by 29.35% the S&P500.

Another recent and important TCP Capital Corp. (NASDAQ:TCPC) news was published by Seekingalpha.com which published an article titled: “TCP Capital’s (TCPC) CEO Howard Levkowitz on Q1 2018 Results – Earnings Call Transcript” on May 09, 2018.

Since January 30, 2018, it had 7 insider purchases, and 0 sales for $486,770 activity. 5,000 shares were bought by HOLDSWORTH MARK, worth $73,039 on Tuesday, February 6. Shares for $75,322 were bought by Vig Rajneesh. LEVKOWITZ HOWARD also bought $137,464 worth of TCP Capital Corp. (NASDAQ:TCPC) shares. Wruble Brian F had bought 5,000 shares worth $76,300. The insider DRAUT ERIC JOHN bought $14,230. Shares for $38,042 were bought by CORBET KATHLEEN A on Tuesday, January 30.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.23, from 1.19 in 2017Q3. It fall, as 11 investors sold TCP Capital Corp. shares while 34 reduced holdings. 17 funds opened positions while 26 raised stakes. 27.45 million shares or 2.70% less from 28.22 million shares in 2017Q3 were reported. Invesco Ltd owns 273,250 shares or 0% of their US portfolio. Jpmorgan Chase & owns 24,484 shares or 0% of their US portfolio. Buckhead Cap Management Ltd Liability Company has 59,900 shares. Deutsche National Bank Ag, Germany-based fund reported 2,200 shares. Alliancebernstein Ltd Partnership owns 370,976 shares. Hightower Advsr Ltd Limited Liability Company has invested 0% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC). Goldman Sachs Gru Inc owns 33,811 shares for 0% of their portfolio. State Of Tennessee Treasury Department holds 0% or 64,200 shares. Capstone Investment Limited Liability reported 32,238 shares or 0.01% of all its holdings. Citigroup stated it has 3,767 shares. Regions Financial Corp has invested 0% in TCP Capital Corp. (NASDAQ:TCPC). California Employees Retirement Systems stated it has 90,500 shares or 0% of all its holdings. Taylor Frigon Mgmt Ltd has 1.14% invested in TCP Capital Corp. (NASDAQ:TCPC). Cibc Mkts Inc reported 21,996 shares. Moreover, Vaughan Nelson Investment Management L P has 0.57% invested in TCP Capital Corp. (NASDAQ:TCPC) for 3.20 million shares.

Among 7 analysts covering TCP Capital (NASDAQ:TCPC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. TCP Capital had 16 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, October 5 by Keefe Bruyette & Woods. As per Saturday, August 22, the company rating was maintained by Deutsche Bank. The stock has “Hold” rating by Deutsche Bank on Tuesday, March 15. JMP Securities maintained TCP Capital Corp. (NASDAQ:TCPC) rating on Wednesday, August 10. JMP Securities has “Market Outperform” rating and $17 target. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, May 11. Oppenheimer maintained the stock with “Outperform” rating in Friday, August 7 report. Citigroup maintained TCP Capital Corp. (NASDAQ:TCPC) on Wednesday, August 17 with “Neutral” rating. Keefe Bruyette & Woods maintained TCP Capital Corp. (NASDAQ:TCPC) on Wednesday, May 31 with “Buy” rating. Keefe Bruyette & Woods maintained TCP Capital Corp. (NASDAQ:TCPC) on Sunday, July 23 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Wednesday, August 10.

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 $1.64 billion for 12.86 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.

Another recent and important U.S. Bancorp (NYSE:USB) news was published by Bizjournals.com which published an article titled: “Polaris, Securian join ranks of Fortune 500 companies; UnitedHealth moves into Top 5 (slideshow)” on May 21, 2018.

Since February 20, 2018, it had 0 buys, and 5 insider sales for $9.81 million activity. Kelligrew James B also sold $1.10M worth of U.S. Bancorp (NYSE:USB) shares. $1.35 million worth of U.S. Bancorp (NYSE:USB) was sold by GODRIDGE LESLIE V on Friday, February 23. 98,485 shares valued at $5.51M were sold by Parker P.W. on Tuesday, February 20. $750,528 worth of U.S. Bancorp (NYSE:USB) was sold by von Gillern Jeffry H.. $1.10M worth of stock was sold by Elmore John R. on Friday, February 23.

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. The company was initiated on Thursday, August 20 by Sterne Agee CRT. The stock of U.S. Bancorp (NYSE:USB) earned “Sell” rating by J.P. Morgan on Wednesday, January 31. The rating was upgraded by Deutsche Bank on Thursday, January 25 to “Buy”. The firm earned “Buy” rating on Wednesday, April 18 by Piper Jaffray. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, January 19 report. The stock has “Overweight” rating by PiperJaffray on Friday, January 5. RBC Capital Markets maintained it with “Buy” rating and $5500 target in Thursday, July 27 report. Citigroup maintained the shares of USB in report on Monday, October 9 with “Neutral” rating. The stock of U.S. Bancorp (NYSE:USB) earned “Buy” rating by Jefferies on Thursday, June 8. The stock of U.S. Bancorp (NYSE:USB) earned “Market Perform” rating by Wells Fargo on Thursday, August 10.

Usca Ria Llc increased American Express Co (NYSE:AXP) stake by 3,995 shares to 33,228 valued at $3.30 million in 2017Q4. It also upped Accenture Plc Ireland (NYSE:ACN) stake by 20,908 shares and now owns 44,179 shares. Altria Group Inc (NYSE:MO) was raised too.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.07, from 0.89 in 2017Q3. It is positive, 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. Commerzbank Aktiengesellschaft Fi has invested 0.17% of its portfolio in U.S. Bancorp (NYSE:USB). Northeast Invest has invested 1.13% in U.S. Bancorp (NYSE:USB). Plancorp accumulated 48,027 shares. State Treasurer State Of Michigan reported 1.13M shares. Cambridge Tru Com invested 2.52% in U.S. Bancorp (NYSE:USB). Opus Inv Mngmt Inc has 24,300 shares for 0.23% of their portfolio. Engineers Gate Manager Ltd Partnership invested 0.24% in U.S. Bancorp (NYSE:USB). Washington Trust reported 132,789 shares or 0.4% of all its holdings. Weik Cap Management holds 0.25% or 10,100 shares. Hamel Assoc accumulated 109,160 shares. Utah-based Utah Retirement has invested 0.33% in U.S. Bancorp (NYSE:USB). Schwerin Boyle Capital Mngmt Inc owns 354,383 shares. Cibc Asset Inc has 0.07% invested in U.S. Bancorp (NYSE:USB). Ally stated it has 0.62% of its portfolio in U.S. Bancorp (NYSE:USB). Invesco Limited has 0.13% invested in U.S. Bancorp (NYSE:USB) for 6.55M shares.

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

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