Dnb Asset Management As Has Boosted Its Us Bancorp (USB) Position; Iec Electronics Has 2.67 Sentiment

IEC Electronics Corp. (NYSEAMERICAN:IEC) Logo

Iec Electronics Corp (IEC) investors sentiment increased to 2.67 in Q4 2017. It’s up 1.67, from 1 in 2017Q3. The ratio is positive, as 8 active investment managers opened new or increased holdings, while 3 cut down and sold holdings in Iec Electronics Corp. The active investment managers in our database now hold: 2.01 million shares, up from 1.89 million shares in 2017Q3. Also, the number of active investment managers holding Iec Electronics Corp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 6 New Position: 2.

Dnb Asset Management As increased Us Bancorp (USB) stake by 0.85% reported in 2017Q4 SEC filing. Dnb Asset Management As acquired 1,527 shares as Us Bancorp (USB)’s stock declined 8.45%. The Dnb Asset Management As holds 181,559 shares with $9.73 billion value, up from 180,032 last quarter. Us Bancorp now has $83.52B valuation. The stock increased 0.62% or $0.31 during the last trading session, reaching $50.59. About 5.63 million shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since April 10, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

IEC Electronics Corp., together with its subsidiaries, provides electronic contract manufacturing services in the United States. The company has market cap of $44.45 million. It specializes in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of complex products that require a sophisticated level of manufacturing. It has a 98.86 P/E ratio. The firm makes a range of assemblies that are incorporated into various products, such as aerospace and defense systems, medical devices, industrial equipment, and transportation products.

Analysts await IEC Electronics Corp. (NYSEAMERICAN:IEC) to report earnings on May, 9. They expect $0.05 EPS, up 183.33% or $0.11 from last year’s $-0.06 per share. IEC’s profit will be $510,966 for 21.75 P/E if the $0.05 EPS becomes a reality. After $-0.15 actual EPS reported by IEC Electronics Corp. for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Since January 1, 0001, it had 2 insider purchases, and 0 selling transactions for $14,700 activity.

It closed at $4.35 lastly. It is down 16.40% since April 10, 2017 and is uptrending. It has outperformed by 4.85% the S&P500.

Punch & Associates Investment Management Inc. holds 0.16% of its portfolio in IEC Electronics Corp. for 437,200 shares. Walthausen & Co. Llc owns 158,870 shares or 0.06% of their US portfolio. Moreover, Cobblestone Capital Advisors Llc Ny has 0.05% invested in the company for 111,990 shares. The California-based Globeflex Capital L P has invested 0.03% in the stock. Weber Alan W, a New York-based fund reported 10,000 shares.

Dnb Asset Management As decreased Expeditors International Of Washington Inc (NASDAQ:EXPD) stake by 1,100 shares to 21,597 valued at $1.40B in 2017Q4. It also reduced Hologic Inc (NASDAQ:HOLX) stake by 31,200 shares and now owns 27,805 shares. Occidental Petroleum Corp (NYSE:OXY) was reduced too.

Investors sentiment increased to 0.96 in 2017 Q4. 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. Davis Selected Advisers stated it has 0.34% of its portfolio in U.S. Bancorp (NYSE:USB). Susquehanna Intl Group Inc Limited Liability Partnership holds 0% of its portfolio in U.S. Bancorp (NYSE:USB) for 102,118 shares. Segment Wealth Limited Liability owns 62,182 shares. Vigilant Mngmt Limited Liability Corp holds 3.12% or 442,540 shares. Mengis Mgmt invested in 2.18% or 67,237 shares. Deprince Race & Zollo Inc owns 396,829 shares for 0.47% of their portfolio. Sadoff Invest Mgmt Ltd Liability Com has 0.02% invested in U.S. Bancorp (NYSE:USB). Blume Capital Mngmt has invested 0.06% in U.S. Bancorp (NYSE:USB). Envestnet Asset Management Inc invested in 0.03% or 254,909 shares. Gm Advisory Grp Inc Inc invested in 5,146 shares. Hennessy Advsrs Incorporated reported 16,000 shares stake. 1.44M are held by Utd Automobile Association. 699,507 were accumulated by Toronto Dominion National Bank & Trust. Scotia Inc holds 0.02% or 33,162 shares. Pub Employees Retirement Association Of Colorado owns 1.77M shares for 0.61% of their portfolio.

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 10 have Buy rating, 4 Sell and 19 Hold. Therefore 30% are positive. U.S. Bancorp has $64.0 highest and $19.0 lowest target. $55.15’s average target is 9.01% above currents $50.59 stock price. U.S. Bancorp had 89 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Market Perform” on Thursday, August 10. The stock of U.S. Bancorp (NYSE:USB) earned “Buy” rating by Deutsche Bank on Wednesday, January 13. The company was maintained on Wednesday, October 18 by Piper Jaffray. The firm earned “Equal-Weight” rating on Tuesday, March 8 by Stephens. The firm earned “Hold” rating on Wednesday, September 13 by Keefe Bruyette & Woods. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, October 7 report. The company was maintained on Thursday, September 7 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 27. Deutsche Bank downgraded U.S. Bancorp (NYSE:USB) on Tuesday, April 26 to “Hold” rating. The stock of U.S. Bancorp (NYSE:USB) earned “Hold” rating by Oppenheimer on Wednesday, July 19.

Since February 20, 2018, it had 0 insider purchases, and 5 selling transactions for $9.81 million activity. The insider Elmore John R. sold 20,000 shares worth $1.10M. $1.35 million worth of U.S. Bancorp (NYSE:USB) shares were sold by GODRIDGE LESLIE V. On Friday, February 23 the insider von Gillern Jeffry H. sold $750,528. On Friday, February 23 the insider Kelligrew James B sold $1.10M. Shares for $5.51 million were sold by Parker P.W..

IEC Electronics Corp. (NYSEAMERICAN:IEC) Institutional Positions Chart