Cortland Advisers Trimmed Its Us Bancorp/Mn (USB) Stake by $1.67 Million; Valuation Declined; Yorktown Management & Research Co Upped Fidus Investment (FDUS) Position by $560,000

February 19, 2018 - By Migdalia James

Cortland Advisers Llc decreased its stake in Us Bancorp/Mn (USB) by 2.72% based on its latest 2017Q3 regulatory filing with the SEC. Cortland Advisers Llc sold 31,469 shares as the company’s stock declined 6.89% while stock markets rallied. The institutional investor held 1.12M shares of the major banks company at the end of 2017Q3, valued at $60.28 million, down from 1.16M at the end of the previous reported quarter. Cortland Advisers Llc who had been investing in Us Bancorp/Mn for a number of months, seems to be less bullish one the $92.09 billion market cap company. The stock increased 0.93% or $0.51 during the last trading session, reaching $55.61. About 6.22 million shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since February 19, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

Yorktown Management & Research Co Inc increased its stake in Fidus Investment Corp (FDUS) by 14.58% based on its latest 2017Q3 regulatory filing with the SEC. Yorktown Management & Research Co Inc bought 35,000 shares as the company’s stock rose 1.27% with the market. The institutional investor held 275,000 shares of the company at the end of 2017Q3, valued at $4.42M, up from 240,000 at the end of the previous reported quarter. Yorktown Management & Research Co Inc who had been investing in Fidus Investment Corp for a number of months, seems to be bullish on the $340.45M market cap company. The stock increased 1.09% or $0.15 during the last trading session, reaching $13.9. About 81,518 shares traded. Fidus Investment Corporation (NASDAQ:FDUS) has risen 12.11% since February 19, 2017 and is uptrending. It has underperformed by 4.59% the S&P500.

Among 6 analysts covering Fidus Investment (NASDAQ:FDUS), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Fidus Investment had 10 analyst reports since January 15, 2016 according to SRatingsIntel. The stock has “Mkt Perform” rating by Keefe Bruyette & Woods on Tuesday, January 10. Keefe Bruyette & Woods maintained it with “Hold” rating and $1800 target in Sunday, July 23 report. The stock has “Neutral” rating by Robert W. Baird on Monday, January 9. As per Friday, August 4, the company rating was maintained by Oppenheimer. The firm earned “Neutral” rating on Friday, January 15 by Janney Capital. The rating was maintained by Robert W. Baird with “Hold” on Friday, November 3. The firm has “Buy” rating by Ladenburg given on Friday, February 16. On Wednesday, May 31 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by Keefe Bruyette & Woods on Sunday, October 22 with “Hold”. The stock of Fidus Investment Corporation (NASDAQ:FDUS) has “Buy” rating given on Friday, September 23 by DA Davidson.

Yorktown Management & Research Co Inc, which manages about $931.40M and $381.53M US Long portfolio, decreased its stake in Compass Diversified Hldgs (NYSE:CODI) by 45,000 shares to 55,000 shares, valued at $976,000 in 2017Q3, according to the filing. It also reduced its holding in Apollo Coml Real Est Fin Inc (NYSE:ARI) by 120,000 shares in the quarter, leaving it with 550,000 shares, and cut its stake in Mfa Finl Inc (NYSE:MFA).

Investors sentiment decreased to 1.4 in 2017 Q3. Its down 0.81, from 2.21 in 2017Q2. It fall, as 7 investors sold FDUS shares while 13 reduced holdings. 10 funds opened positions while 18 raised stakes. 7.12 million shares or 4.90% more from 6.78 million shares in 2017Q2 were reported. Kingfisher Ltd Limited Liability Company holds 0.14% of its portfolio in Fidus Investment Corporation (NASDAQ:FDUS) for 13,332 shares. 1.25M are held by Muzinich. West Family reported 0.61% stake. Royal Financial Bank Of Canada holds 0% in Fidus Investment Corporation (NASDAQ:FDUS) or 10,288 shares. Susquehanna Group Inc Ltd Liability Partnership stated it has 0% of its portfolio in Fidus Investment Corporation (NASDAQ:FDUS). First Allied Advisory Services owns 19,595 shares. Kennedy Cap Mgmt owns 27,551 shares for 0.01% of their portfolio. 28,445 are owned by Raymond James Trust Na. Bragg Advisors holds 0.03% or 13,011 shares in its portfolio. Carroll Assocs reported 5,960 shares. Ares Management Limited Liability has invested 0.15% in Fidus Investment Corporation (NASDAQ:FDUS). Mckinley Mngmt Ltd Company Delaware accumulated 0.06% or 86,993 shares. Optimum Investment Advsrs has 24,111 shares. Moreover, Da Davidson And has 0% invested in Fidus Investment Corporation (NASDAQ:FDUS) for 10,009 shares. Millennium Management Ltd Co invested in 29,873 shares or 0% of the stock.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.01, from 0.9 in 2017Q2. It worsened, as 61 investors sold USB shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported. Walleye Trading Limited Liability Company accumulated 137,350 shares. Marble Harbor Inv Counsel Ltd Llc reported 0.05% stake. Nomura Holdings reported 88,560 shares. Peak Asset Mgmt Limited Liability Com holds 7,473 shares or 0.14% of its portfolio. Tdam Usa has 252,391 shares. 29,914 were accumulated by Ashfield Capital Partners Ltd. Cortland Advisers Limited Company accumulated 1.12M shares or 2.76% of the stock. 150,000 were reported by Gabalex Mgmt Ltd Liability Corporation. Cue Fincl owns 12,317 shares or 0.46% of their US portfolio. Guggenheim Capital Llc invested in 992,578 shares. Kbc Grp Nv accumulated 0.09% or 186,409 shares. Clark Capital invested in 10,426 shares or 0.02% of the stock. Joel Isaacson & Ltd Company reported 5,022 shares or 0.05% of all its holdings. 2.78 million are held by Atlantic Tru Ltd Limited Liability Company. Amf Pensionsforsakring reported 951,301 shares or 0.56% of all its holdings.

Among 32 analysts covering U.S. Bancorp (NYSE:USB), 9 have Buy rating, 4 Sell and 19 Hold. Therefore 28% are positive. U.S. Bancorp had 84 analyst reports since August 6, 2015 according to SRatingsIntel. As per Thursday, January 14, the company rating was upgraded by Robert W. Baird. Guggenheim upgraded the shares of USB in report on Friday, August 28 to “Buy” rating. The company was maintained on Wednesday, April 5 by RBC Capital Markets. The firm has “Hold” rating given on Friday, October 13 by Keefe Bruyette & Woods. Robert W. Baird maintained the shares of USB in report on Tuesday, September 5 with “Hold” rating. The stock of U.S. Bancorp (NYSE:USB) has “Underweight” rating given on Friday, February 2 by Morgan Stanley. The stock of U.S. Bancorp (NYSE:USB) has “Neutral” rating given on Wednesday, December 21 by Atlantic Securities. JP Morgan maintained the shares of USB in report on Wednesday, November 1 with “Neutral” rating. The rating was maintained by Wedbush on Wednesday, November 30 with “Neutral”. The stock of U.S. Bancorp (NYSE:USB) earned “Market Perform” rating by Wells Fargo on Friday, May 5.

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