Waddell & Reed Financial Has Increased Its Cabot (CBT) Stake by $12.83 Million; Valuation Declined; Us Bancorp Del (USB) Holder Crystal Rock Capital Management Trimmed Stake by $519,771

April 22, 2018 - By Peter Erickson

Cabot Corporation (NYSE:CBT) Logo

Crystal Rock Capital Management decreased its stake in Us Bancorp Del (USB) by 12.8% based on its latest 2017Q4 regulatory filing with the SEC. Crystal Rock Capital Management sold 9,807 shares as the company’s stock declined 8.45% with the market. The institutional investor held 66,833 shares of the major banks company at the end of 2017Q4, valued at $3.58 million, down from 76,640 at the end of the previous reported quarter. Crystal Rock Capital Management who had been investing in Us Bancorp Del for a number of months, seems to be less bullish one the $83.25B market cap company. The stock decreased 0.53% or $0.27 during the last trading session, reaching $50.43. About 7.93 million shares traded or 9.13% up from the average. U.S. Bancorp (NYSE:USB) has declined 4.48% since April 22, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Waddell & Reed Financial Inc increased its stake in Cabot Corp (CBT) by 113.98% based on its latest 2017Q4 regulatory filing with the SEC. Waddell & Reed Financial Inc bought 210,300 shares as the company’s stock declined 11.84% with the market. The institutional investor held 394,800 shares of the major chemicals company at the end of 2017Q4, valued at $24.32M, up from 184,500 at the end of the previous reported quarter. Waddell & Reed Financial Inc who had been investing in Cabot Corp for a number of months, seems to be bullish on the $3.51 billion market cap company. The stock increased 0.21% or $0.12 during the last trading session, reaching $56.84. About 316,153 shares traded. Cabot Corporation (NYSE:CBT) has declined 5.91% since April 22, 2017 and is downtrending. It has underperformed by 17.46% the S&P500.

Investors sentiment increased to 0.96 in Q4 2017. 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. Btc Management stated it has 0.66% in U.S. Bancorp (NYSE:USB). Rhumbline Advisers owns 0.31% invested in U.S. Bancorp (NYSE:USB) for 2.87 million shares. First Republic Management has 991,730 shares for 0.35% of their portfolio. Thompson Siegel Walmsley Lc stated it has 0% in U.S. Bancorp (NYSE:USB). Bailard Inc, a California-based fund reported 109,472 shares. Contravisory Investment Mgmt stated it has 155 shares or 0% of all its holdings. Shelton Management invested in 85,916 shares. Charter Tru, New Hampshire-based fund reported 25,836 shares. Lenox Wealth Mngmt Inc holds 0.03% or 2,083 shares in its portfolio. Riverbridge Prns Limited Liability Company accumulated 43,170 shares. Pub Sector Pension Invest Board stated it has 806,204 shares or 0.28% of all its holdings. Paloma Prtnrs Mngmt owns 29,507 shares. American International Gp owns 759,794 shares for 0.13% of their portfolio. Joel Isaacson Ltd Liability Corporation, a New York-based fund reported 4,587 shares. Clarkston Capital Partners Llc reported 416,821 shares.

Since February 20, 2018, it had 0 insider purchases, and 5 selling transactions for $9.81 million activity. The insider von Gillern Jeffry H. sold $750,528. $1.35 million worth of U.S. Bancorp (NYSE:USB) was sold by GODRIDGE LESLIE V on Friday, February 23. 20,000 U.S. Bancorp (NYSE:USB) shares with value of $1.10 million were sold by Kelligrew James B. Another trade for 98,485 shares valued at $5.51 million was sold by Parker P.W..

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 11 have Buy rating, 4 Sell and 18 Hold. Therefore 33% are positive. U.S. Bancorp had 95 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, October 9 by Citigroup. As per Thursday, September 7, the company rating was maintained by RBC Capital Markets. Rafferty downgraded U.S. Bancorp (NYSE:USB) on Thursday, April 20 to “Hold” rating. The firm earned “Market Perform” rating on Friday, May 5 by Wells Fargo. The stock of U.S. Bancorp (NYSE:USB) has “Underweight” rating given on Wednesday, January 31 by JP Morgan. The stock has “Hold” rating by Deutsche Bank on Tuesday, April 26. The stock has “Buy” rating by Jefferies on Friday, September 15. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, October 20. Robert W. Baird downgraded it to “Neutral” rating and $42 target in Thursday, April 21 report. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, October 7.

Among 13 analysts covering Cabot (NYSE:CBT), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Cabot had 28 analyst reports since August 13, 2015 according to SRatingsIntel. The stock has “Buy” rating by Loop Capital on Friday, January 5. The stock of Cabot Corporation (NYSE:CBT) has “Hold” rating given on Thursday, August 13 by Deutsche Bank. The rating was maintained by Northcoast with “Buy” on Monday, February 12. The rating was upgraded by J.P. Morgan on Tuesday, August 15 to “Buy”. The stock has “Hold” rating by Robert W. Baird on Tuesday, April 17. The stock of Cabot Corporation (NYSE:CBT) earned “Sell” rating by Zacks on Tuesday, September 1. The firm has “Buy” rating given on Thursday, November 2 by Jefferies. The firm earned “Buy” rating on Monday, August 14 by Jefferies. As per Tuesday, October 31, the company rating was maintained by KeyBanc Capital Markets. The stock of Cabot Corporation (NYSE:CBT) earned “Neutral” rating by JP Morgan on Monday, March 14.

Waddell & Reed Financial Inc, which manages about $14.31B and $45.07 billion US Long portfolio, decreased its stake in Alliance Data Systems Corp (NYSE:ADS) by 385,100 shares to 726,250 shares, valued at $184.09 million in 2017Q4, according to the filing. It also reduced its holding in Johnson Ctls Intl Plc by 1.28M shares in the quarter, leaving it with 690,550 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.08, from 0.99 in 2017Q3. It improved, as 16 investors sold CBT shares while 96 reduced holdings. 41 funds opened positions while 79 raised stakes. 51.73 million shares or 0.23% less from 51.85 million shares in 2017Q3 were reported. Bank Of Ny Mellon holds 1.98M shares or 0.03% of its portfolio. Retirement System Of Alabama holds 80,105 shares. Waddell Reed Financial has invested 0.05% in Cabot Corporation (NYSE:CBT). Howe Rusling Inc owns 62 shares. 9,049 are owned by Commonwealth Of Pennsylvania Public School Empls Retrmt Systems. Hbk Invs Limited Partnership invested in 17,025 shares or 0.01% of the stock. Natixis has 115,496 shares for 0.05% of their portfolio. Sensible Fin Planning & Mgmt Ltd Company owns 5,117 shares or 0.16% of their US portfolio. Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma owns 0.43% invested in Cabot Corporation (NYSE:CBT) for 376,986 shares. Dimensional Fund Advsr Lp invested in 0.04% or 1.52 million shares. Oregon Employees Retirement Fund has 0.02% invested in Cabot Corporation (NYSE:CBT) for 23,032 shares. California Pub Employees Retirement has invested 0.01% in Cabot Corporation (NYSE:CBT). Fiduciary Trust reported 1.16 million shares. Ajo Limited Partnership owns 1.72M shares for 0.46% of their portfolio. Proshare Advsr Limited Liability has invested 0% of its portfolio in Cabot Corporation (NYSE:CBT).

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

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