Pictet Bank & Trust LTD Trimmed Us Bancorp Del (USB) Position By $685,000; Aspen Technology (AZPN)’s Sentiment Is 1

June 14, 2018 - By Peter Hammer

Aspen Technology, Inc. (NASDAQ:AZPN) Logo

Aspen Technology Inc (AZPN) investors sentiment increased to 1 in Q1 2018. It’s up 0.22, from 0.78 in 2017Q4. The ratio is positive, as 110 institutional investors increased or opened new equity positions, while 110 decreased and sold their positions in Aspen Technology Inc. The institutional investors in our database now own: 70.14 million shares, down from 70.67 million shares in 2017Q4. Also, the number of institutional investors holding Aspen Technology Inc in top ten equity positions was flat from 2 to 2 for the same number . Sold All: 24 Reduced: 86 Increased: 72 New Position: 38.

Pictet Bank & Trust Ltd decreased Us Bancorp Del (USB) stake by 36.36% reported in 2018Q1 SEC filing. Pictet Bank & Trust Ltd sold 13,700 shares as Us Bancorp Del (USB)’s stock declined 9.49%. The Pictet Bank & Trust Ltd holds 23,980 shares with $1.21M value, down from 37,680 last quarter. Us Bancorp Del now has $83.54 billion valuation. The stock decreased 0.42% or $0.2149 during the last trading session, reaching $50.8651. About 5.04M shares traded. U.S. Bancorp (NYSE:USB) has declined 2.38% since June 14, 2017 and is downtrending. It has underperformed by 14.95% the S&P500. Some Historical USB News: ; 24/04/2018 – U.S. Bancorp Bond Trading 4x Average; Clients Net Sellers

Another recent and important U.S. Bancorp (NYSE:USB) news was published by Bizjournals.com which published an article titled: “Four Twin Cities executives make national list of influential leaders in corporate diversity” on June 13, 2018.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on July, 18. They expect $1.00 EPS, up 17.65% or $0.15 from last year’s $0.85 per share. USB’s profit will be $1.64 billion for 12.72 P/E if the $1.00 EPS becomes a reality. After $0.95 actual EPS reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Since February 20, 2018, it had 0 buys, and 5 selling transactions for $9.81 million activity. Another trade for 24,500 shares valued at $1.35 million was sold by GODRIDGE LESLIE V. Shares for $750,528 were sold by von Gillern Jeffry H.. 20,000 shares were sold by Kelligrew James B, worth $1.10M. The insider Parker P.W. sold $5.51 million. Another trade for 20,000 shares valued at $1.10 million was sold by Elmore John R..

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 12 have Buy rating, 4 Sell and 17 Hold. Therefore 36% are positive. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, October 6 by Robert W. Baird. The stock has “Hold” rating by Susquehanna on Thursday, January 4. The company was maintained on Monday, October 23 by Nomura. The rating was upgraded by Robert W. Baird to “Outperform” on Thursday, January 14. The rating was maintained by Barclays Capital on Tuesday, January 3 with “Overweight”. The rating was downgraded by J.P. Morgan to “Sell” on Wednesday, January 31. The rating was upgraded by Argus Research to “Buy” on Thursday, July 20. The firm has “Hold” rating by Piper Jaffray given on Sunday, September 17. As per Tuesday, January 19, the company rating was maintained by RBC Capital Markets. The stock of U.S. Bancorp (NYSE:USB) earned “Hold” rating by Edward Jones on Tuesday, April 3.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.09, from 0.96 in 2017Q4. It fall, as 67 investors sold USB shares while 470 reduced holdings. 95 funds opened positions while 370 raised stakes. 1.17 billion shares or 1.27% less from 1.18 billion shares in 2017Q4 were reported. Ohio-based Cincinnati Specialty Underwriters Ins has invested 3.22% in U.S. Bancorp (NYSE:USB). Mairs And holds 6.69 million shares or 4.17% of its portfolio. Dana Invest Advsr Inc reported 12,205 shares. Stonebridge Advsrs Ltd Liability Corp invested in 1.13% or 97,149 shares. Advent Cap Mngmt De owns 120,000 shares or 0.12% of their US portfolio. Archford Capital Strategies Limited Liability stated it has 0.51% of its portfolio in U.S. Bancorp (NYSE:USB). Transamerica Financial Advsrs reported 75 shares stake. Brinker Capital holds 0.11% of its portfolio in U.S. Bancorp (NYSE:USB) for 57,723 shares. Perigon Wealth Management Lc invested 0.31% in U.S. Bancorp (NYSE:USB). Polaris Greystone Group Ltd owns 3,500 shares or 0.01% of their US portfolio. Fisher Asset Llc reported 0.01% in U.S. Bancorp (NYSE:USB). State Farm Mutual Automobile Ins reported 9.18M shares. Cardinal Cap Inc holds 1.41% in U.S. Bancorp (NYSE:USB) or 297,692 shares. Seaward Management Limited Partnership accumulated 0.1% or 38,524 shares. Srb has invested 0.02% in U.S. Bancorp (NYSE:USB).

Another recent and important Aspen Technology, Inc. (NASDAQ:AZPN) news was published by Businesswire.com which published an article titled: “BPCL Standardizes on AspenTech Software to Drive Asset Optimization” on June 14, 2018.

The stock increased 0.44% or $0.44 during the last trading session, reaching $99.48. About 122,329 shares traded. Aspen Technology, Inc. (AZPN) has risen 54.64% since June 14, 2017 and is uptrending. It has outperformed by 42.07% the S&P500. Some Historical AZPN News: ; 08/05/2018 – AspenTech Joins SAP® PartnerEdge® Program; Announces Availability of Aspen Mtell® on SAP App Center; 25/04/2018 – Aspen Technology 3Q Rev $125.9M; 04/04/2018 – Aspen to Announce First Quarter 2018 Earnings on May 2, 2018; 25/04/2018 – Borealis Selects Aspen Mtell® Prescriptive Maintenance Software to Improve Reliability at Polyethylene Production Site in Sweden; 26/04/2018 – ASPEN TECHNOLOGY INC AZPN.O : BERENBERG RAISES TARGET PRICE TO $98 FROM $88; 23/04/2018 – DJ Aspen Technology Inc, Inst Holders, 1Q 2018 (AZPN); 08/05/2018 – Aspen Tech Presenting at Conference May 15; 04/04/2018 Clio Health Appoints Steve Dailey as CEO to Drive a Patient-Centric Health and Wellness Experience; 25/04/2018 – Aspen Technology 3Q Net $37.8M; 25/04/2018 – Aspen Technology 3Q EPS 52c

Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. The company has market cap of $7.11 billion. It operates through two divisions, Subscription and Software, and Services. It has a 45.47 P/E ratio. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments.

Analysts await Aspen Technology, Inc. (NASDAQ:AZPN) to report earnings on August, 9. They expect $0.50 EPS, down 31.51% or $0.23 from last year’s $0.73 per share. AZPN’s profit will be $35.71M for 49.74 P/E if the $0.50 EPS becomes a reality. After $0.52 actual EPS reported by Aspen Technology, Inc. for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.

Aspen Technology, Inc. (NASDAQ:AZPN) Institutional Positions Chart

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