Farmers & Merchants Investments Trimmed Stake in Us Bancorp (USB) by $521,730; Exxon Mobil (XOM) Shareholder Seaward Management Limited Partnership Lifted Its Holding by $967,280

December 7, 2017 - By Adrian Mccoy

Farmers & Merchants Investments Inc decreased its stake in Us Bancorp (USB) by 3.13% based on its latest 2017Q2 regulatory filing with the SEC. Farmers & Merchants Investments Inc sold 10,230 shares as the company’s stock declined 6.89% while stock markets rallied. The institutional investor held 317,100 shares of the major banks company at the end of 2017Q2, valued at $16.46 million, down from 327,330 at the end of the previous reported quarter. Farmers & Merchants Investments Inc who had been investing in Us Bancorp for a number of months, seems to be less bullish one the $90.06 billion market cap company. The stock decreased 0.59% or $0.32 during the last trading session, reaching $54.27. About 81,633 shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since December 7, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.

Seaward Management Limited Partnership increased its stake in Exxon Mobil Corp (XOM) by 1.86% based on its latest 2017Q2 regulatory filing with the SEC. Seaward Management Limited Partnership bought 12,091 shares as the company’s stock rose 0.21% with the market. The institutional investor held 660,676 shares of the integrated oil company at the end of 2017Q2, valued at $53.34 million, up from 648,585 at the end of the previous reported quarter. Seaward Management Limited Partnership who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $349.27B market cap company. The stock increased 0.18% or $0.15 during the last trading session, reaching $82.43. About 302,175 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since December 7, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.




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 $1.46 billion for 15.42 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.

Farmers & Merchants Investments Inc, which manages about $1.20 billion US Long portfolio, upped its stake in Procter & Gamble Co (NYSE:PG) by 10,882 shares to 141,606 shares, valued at $12.34M in 2017Q2, according to the filing. It also increased its holding in Pepsico Inc (NYSE:PEP) by 3,543 shares in the quarter, for a total of 147,637 shares, and has risen its stake in Enbridge Inc (NYSE:ENB).

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.01, from 0.91 in 2017Q1. It fall, 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. Sei accumulated 550,324 shares. Forbes J M And Llp accumulated 214,837 shares. Autus Asset Management Ltd Llc holds 11,855 shares. Smithfield Tru Com has invested 0.03% in U.S. Bancorp (NYSE:USB). Ibm Retirement Fund stated it has 38,708 shares or 0.42% of all its holdings. Twin Cap Management Inc accumulated 0.05% or 16,636 shares. Great Lakes Advsr Ltd Liability owns 15,622 shares. World Asset holds 0.26% of its portfolio in U.S. Bancorp (NYSE:USB) for 143,592 shares. Barr E S And stated it has 0.08% of its portfolio in U.S. Bancorp (NYSE:USB). Zwj Invest Counsel has invested 1.38% in U.S. Bancorp (NYSE:USB). Viking Fund Management Ltd Liability Co owns 0.17% invested in U.S. Bancorp (NYSE:USB) for 21,000 shares. 842 are owned by First In. Fiera Cap Corp reported 2.1% of its portfolio in U.S. Bancorp (NYSE:USB). Moreover, Northstar Asset Mgmt Limited Liability Com has 0.1% invested in U.S. Bancorp (NYSE:USB) for 4,174 shares. Stifel Financial holds 1.94M shares.

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. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, September 5. On Wednesday, October 18 the stock rating was maintained by Piper Jaffray with “Hold”. The rating was upgraded by Deutsche Bank on Wednesday, January 13 to “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, April 5. Jefferies upgraded U.S. Bancorp (NYSE:USB) on Monday, November 28 to “Buy” rating. The company was upgraded on Friday, August 28 by Guggenheim. The firm earned “Overweight” rating on Tuesday, January 3 by Barclays Capital. Wells Fargo maintained U.S. Bancorp (NYSE:USB) on Thursday, August 10 with “Market Perform” rating. The company was initiated on Thursday, August 20 by Sterne Agee CRT. The firm has “Buy” rating by RBC Capital Markets given on Thursday, July 27.

More important recent U.S. Bancorp (NYSE:USB) news were published by: Businesswire.com which released: “US Bancorp to Speak at the Goldman Sachs US Financial Services Conference” on November 07, 2017, also Startribune.com published article titled: “US Bancorp further greens the business”, Nasdaq.com published: “Why Is US Bancorp (USB) Down 2.6% Since the Last Earnings Report?” on November 20, 2017. More interesting news about U.S. Bancorp (NYSE:USB) was released by: Forbes.com and their article: “Wells Fargo, US Bancorp See Rare Growth In Mortgage Servicing Portfolios” with publication date: November 28, 2017.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Thursday, August 17. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Conviction Buy” rating given on Wednesday, July 22 by Goldman Sachs. The company was downgraded on Wednesday, January 11 by Wells Fargo. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by BMO Capital Markets on Wednesday, October 18. The firm earned “Sector Outperform” rating on Monday, June 5 by Howard Weil. Credit Agricole initiated the shares of XOM in report on Tuesday, December 15 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Tuesday, June 13 with “Buy”. Tudor Pickering downgraded Exxon Mobil Corporation (NYSE:XOM) on Tuesday, January 26 to “Sell” rating. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, November 21.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.04, from 0.89 in 2017Q1. It fall, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Verity And Verity Lc accumulated 99,340 shares. Hartline Invest owns 43,049 shares. United States Steel Carnegie Pension Fund has 469,290 shares. Hanson & Doremus Invest Mgmt reported 23,344 shares. 70,638 are owned by Bedell Frazier Investment Counseling Lc. Supplemental Annuity Collective Trust Of Nj has invested 2.42% in Exxon Mobil Corporation (NYSE:XOM). Independent Order Of Foresters reported 0.21% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). 127,744 are owned by Chemung Canal Tru. Hawaii-based Cadinha And Limited Liability Company has invested 1.31% in Exxon Mobil Corporation (NYSE:XOM). 56,411 were accumulated by Atlanta Cap Group Inc. Caz Lp has invested 1.02% in Exxon Mobil Corporation (NYSE:XOM). Hills National Bank And Trust accumulated 61,931 shares. Horan Advisors Limited Liability Com owns 18,293 shares. Meiji Yasuda Asset Mngmt Communication Ltd accumulated 1.11% or 134,130 shares. New Mexico Educational Retirement Board reported 393,880 shares or 1.52% of all its holdings.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil’s Renewable Energy Moonshots” on November 20, 2017, also Seekingalpha.com with their article: “Exxon Mobil: Rating Update” published on November 07, 2017, Reuters.com published: “Exxon climate-change probe goes to Massachusetts top court” on December 05, 2017. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil: Debunking The Chemical Drag” published on November 15, 2017 as well as Seekingalpha.com‘s news article titled: “Why You Should Buy Exxon Mobil’s 3.8% Yield” with publication date: November 17, 2017.

Seaward Management Limited Partnership, which manages about $2.62B and $2.01B US Long portfolio, decreased its stake in Invesco Ltd Shs (NYSE:IVZ) by 16,235 shares to 735,612 shares, valued at $25.89 million in 2017Q2, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 21,689 shares in the quarter, leaving it with 1.15 million shares, and cut its stake in Priceline Group Inc (NASDAQ:PCLN).

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