Sit Investment Associates Cut Legg Mason (LM) Holding By $5.14 Million; Kcm Investment Advisors Has Lifted By $438,734 Its U S Bancorp (USB) Stake

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Sit Investment Associates Inc decreased Legg Mason Inc (LM) stake by 18.75% reported in 2017Q4 SEC filing. Sit Investment Associates Inc sold 125,482 shares as Legg Mason Inc (LM)’s stock declined 6.25%. The Sit Investment Associates Inc holds 543,663 shares with $22.82 million value, down from 669,145 last quarter. Legg Mason Inc now has $3.34 billion valuation. The stock increased 0.69% or $0.27 during the last trading session, reaching $39.47. About 841,321 shares traded or 2.07% up from the average. Legg Mason, Inc. (NYSE:LM) has risen 12.20% since May 11, 2017 and is uptrending. It has outperformed by 0.65% the S&P500.

Kcm Investment Advisors Llc increased U S Bancorp (USB) stake by 8.15% reported in 2017Q4 SEC filing. Kcm Investment Advisors Llc acquired 8,278 shares as U S Bancorp (USB)’s stock declined 8.45%. The Kcm Investment Advisors Llc holds 109,811 shares with $5.88 million value, up from 101,533 last quarter. U S Bancorp now has $84.05 billion valuation. The stock increased 0.67% or $0.34 during the last trading session, reaching $51.17. About 5.66M shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since May 11, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Since February 20, 2018, it had 0 insider purchases, and 5 sales for $9.81 million activity. 24,500 shares were sold by GODRIDGE LESLIE V, worth $1.35 million. 98,485 shares valued at $5.51M were sold by Parker P.W. on Tuesday, February 20. Elmore John R. also sold $1.10 million worth of U.S. Bancorp (NYSE:USB) on Friday, February 23. 20,000 U.S. Bancorp (NYSE:USB) shares with value of $1.10 million were sold by Kelligrew James B. The insider von Gillern Jeffry H. sold 13,641 shares worth $750,528.

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. Norris Perne French Ltd Liability Partnership Mi holds 0.08% in U.S. Bancorp (NYSE:USB) or 10,464 shares. Alecta Pensionsforsakring Omsesidigt owns 2.69 million shares for 1.17% of their portfolio. Factory Mutual Insurance owns 0.78% invested in U.S. Bancorp (NYSE:USB) for 1.39 million shares. 5,147 are owned by Guardian Life Insur Of America. Liberty Mutual Grp Asset Mgmt Incorporated reported 0.11% of its portfolio in U.S. Bancorp (NYSE:USB). Nordea Invest Mngmt reported 270,533 shares or 0.03% of all its holdings. Thrivent For Lutherans has invested 0.01% in U.S. Bancorp (NYSE:USB). Old Second State Bank Of Aurora has invested 1.46% of its portfolio in U.S. Bancorp (NYSE:USB). Amer Natl Registered Invest Advisor accumulated 24,781 shares. Fiduciary Communications, a Massachusetts-based fund reported 418,324 shares. Fort Point Capital Ptnrs Limited Liability Corp reported 14,244 shares. Gotham Asset Mgmt Ltd holds 22,132 shares. Moreover, Private Advisor Grp Ltd Limited Liability Company has 0.12% invested in U.S. Bancorp (NYSE:USB) for 53,034 shares. 97,385 are held by Greylin Mangement. Peddock Cap Advsrs Lc invested in 0% or 74 shares.

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 has $64.0 highest and $19.0 lowest target. $54.85’s average target is 7.19% above currents $51.17 stock price. U.S. Bancorp had 95 analyst reports since August 6, 2015 according to SRatingsIntel. Deutsche Bank upgraded U.S. Bancorp (NYSE:USB) rating on Wednesday, January 13. Deutsche Bank has “Buy” rating and $20.0 target. As per Friday, September 15, the company rating was maintained by Jefferies. Susquehanna maintained U.S. Bancorp (NYSE:USB) on Wednesday, April 18 with “Hold” rating. As per Monday, March 14, the company rating was upgraded by Atlantic Securities. The stock has “Hold” rating by Piper Jaffray on Wednesday, October 18. Deutsche Bank maintained U.S. Bancorp (NYSE:USB) rating on Wednesday, August 12. Deutsche Bank has “Hold” rating and $47 target. The stock of U.S. Bancorp (NYSE:USB) has “Outperform” rating given on Wednesday, October 7 by RBC Capital Markets. The stock has “Buy” rating by Guggenheim on Friday, August 28. The stock of U.S. Bancorp (NYSE:USB) has “Sector Perform” rating given on Friday, January 22 by RBC Capital Markets. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with “Buy”.

Kcm Investment Advisors Llc decreased Bristol (NYSE:BMY) stake by 9,890 shares to 282,545 valued at $17.31 million in 2017Q4. It also reduced Enbridge Inc (NYSE:ENB) stake by 11,161 shares and now owns 82,034 shares. Procter & Gamble Co (NYSE:PG) was reduced too.

More news for U.S. Bancorp (NYSE:USB) were recently published by: 247Wallst.com, which released: “US Bancorp May Have a Serious Valuation Issue” on April 19, 2018. Bizjournals.com‘s article titled: “How US Bank is building a big presence in Charlotte — without branches” and published on May 10, 2018 is yet another important article.

Sit Investment Associates Inc increased Applied Indl Technologies (NYSE:AIT) stake by 19,115 shares to 23,715 valued at $1.62 million in 2017Q4. It also upped First Trust Aberdeen Global Op (FAM) stake by 173,654 shares and now owns 1.18 million shares. Boeing Co/The (NYSE:BA) was raised too.

Among 15 analysts covering Legg Mason Inc. (NYSE:LM), 7 have Buy rating, 3 Sell and 5 Hold. Therefore 47% are positive. Legg Mason Inc. has $67 highest and $2 lowest target. $47.46’s average target is 20.24% above currents $39.47 stock price. Legg Mason Inc. had 72 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Legg Mason, Inc. (NYSE:LM) earned “Hold” rating by Jefferies on Wednesday, January 24. The firm has “Equal-Weight” rating given on Monday, April 23 by Barclays Capital. The stock has “Buy” rating by Keefe Bruyette & Woods on Sunday, August 27. The stock has “Neutral” rating by Credit Suisse on Thursday, April 26. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, August 20. Danske Bank upgraded Legg Mason, Inc. (NYSE:LM) on Wednesday, August 26 to “Sell” rating. The firm earned “Buy” rating on Wednesday, January 24 by Keefe Bruyette & Woods. Citigroup maintained the stock with “Buy” rating in Thursday, September 10 report. The firm has “Overweight” rating by Barclays Capital given on Monday, November 2. The rating was maintained by Jefferies on Tuesday, October 10 with “Buy”.

More news for Legg Mason, Inc. (NYSE:LM) were recently published by: Prnewswire.com, which released: “Legg Mason Reports Assets Under Management and Flows for April 2018” on May 10, 2018. Seekingalpha.com‘s article titled: “Legg Mason (LM) Q4 2018 Results – Earnings Call Transcript” and published on April 26, 2018 is yet another important article.

Investors sentiment increased to 1.52 in 2017 Q4. Its up 0.51, from 1.01 in 2017Q3. It increased, as 20 investors sold LM shares while 88 reduced holdings. 60 funds opened positions while 104 raised stakes. 74.56 million shares or 0.52% less from 74.95 million shares in 2017Q3 were reported. Farmers And Merchants stated it has 0% in Legg Mason, Inc. (NYSE:LM). California Employees Retirement Systems invested in 336,001 shares. Oregon Employees Retirement Fund reported 31,452 shares. Raymond James Trust Na accumulated 13,914 shares or 0.04% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 4,711 shares or 0% of its portfolio. Engineers Gate Manager LP stated it has 0.2% in Legg Mason, Inc. (NYSE:LM). Ahl Partners Ltd Liability Partnership stated it has 344,974 shares or 0.23% of all its holdings. Weiss Multi invested 0.05% of its portfolio in Legg Mason, Inc. (NYSE:LM). Millennium Mngmt Lc reported 0.1% stake. Brown Advisory holds 9,889 shares. Manufacturers Life Insur The holds 141,728 shares. Gamco Investors Inc Et Al holds 0.69% or 2.61M shares in its portfolio. Pacad Invest Ltd accumulated 1,207 shares or 0.01% of the stock. New York-based Seminole Mngmt has invested 2.36% in Legg Mason, Inc. (NYSE:LM). Cohen Klingenstein Ltd Limited Liability Company has invested 0.05% in Legg Mason, Inc. (NYSE:LM).

Legg Mason, Inc. (NYSE:LM) Institutional Positions Chart