Barrett Asset Management Trimmed By $409,160 Its Us Bancorp Del Com New (USB) Stake; Beacon Roofing Supply (BECN) Shorts Decreased By 0.31%

April 17, 2018 - By Linda Rogers

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Logo

Beacon Roofing Supply Inc (NASDAQ:BECN) had a decrease of 0.31% in short interest. BECN’s SI was 1.37 million shares in April as released by FINRA. Its down 0.31% from 1.37 million shares previously. With 605,600 avg volume, 2 days are for Beacon Roofing Supply Inc (NASDAQ:BECN)’s short sellers to cover BECN’s short positions. The stock increased 2.32% or $1.18 during the last trading session, reaching $52.05. About 301,690 shares traded. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has risen 10.99% since April 17, 2017 and is uptrending. It has underperformed by 0.56% the S&P500.

Barrett Asset Management Llc decreased Us Bancorp Del Com New (USB) stake by 1.92% reported in 2017Q4 SEC filing. Barrett Asset Management Llc sold 7,720 shares as Us Bancorp Del Com New (USB)’s stock declined 8.45%. The Barrett Asset Management Llc holds 393,605 shares with $21.09 million value, down from 401,325 last quarter. Us Bancorp Del Com New now has $84.87B valuation. The stock increased 0.90% or $0.46 during the last trading session, reaching $51.41. About 8.19 million shares traded or 13.38% up from the average. U.S. Bancorp (NYSE:USB) has declined 4.48% since April 17, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Investors sentiment decreased to 1.38 in Q4 2017. Its down 0.53, from 1.91 in 2017Q3. It worsened, as 22 investors sold Beacon Roofing Supply, Inc. shares while 77 reduced holdings. 63 funds opened positions while 74 raised stakes. 64.82 million shares or 2.48% less from 66.46 million shares in 2017Q3 were reported. Segall Bryant & Hamill Lc has 10,714 shares. Arcadia Mngmt Mi holds 2.14% or 119,778 shares in its portfolio. Usa Portformulas stated it has 6,159 shares. Fisher Asset Management Lc invested in 1.70M shares. Indexiq Advsrs holds 0.07% or 28,659 shares in its portfolio. 61,233 are held by Highbridge Cap Mgmt Lc. Tompkins Finance Corporation owns 537 shares. Alliancebernstein Lp has invested 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Clarivest Asset Mgmt Limited Liability Company invested 0% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Amalgamated National Bank & Trust owns 9,055 shares. Dimensional Fund Advisors Lp reported 0.07% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Public Employees Retirement Association Of Colorado holds 0.16% or 396,011 shares in its portfolio. State Board Of Administration Of Florida Retirement Sys, Florida-based fund reported 43,062 shares. D E Shaw Comm holds 188,369 shares or 0.02% of its portfolio. Geode Cap Management Limited Com stated it has 652,642 shares.

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company has market cap of $3.54 billion. The companyÂ’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and other accessories. It has a 22.25 P/E ratio. The Company’s non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products.

Among 18 analysts covering Beacon Roofing Supply (NASDAQ:BECN), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Beacon Roofing Supply had 47 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, January 21 by Longbow. RBC Capital Markets maintained it with “Buy” rating and $66.0 target in Friday, February 9 report. The company was upgraded on Friday, June 10 by BB&T Capital. On Monday, November 30 the stock rating was downgraded by Stephens to “Equal-Weight”. RBC Capital Markets maintained it with “Buy” rating and $5800 target in Monday, July 24 report. RBC Capital Markets maintained the stock with “Buy” rating in Friday, August 4 report. The company was upgraded on Monday, April 11 by RBC Capital Markets. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Buy” rating by Seaport Global on Thursday, January 4. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 22. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Buy” rating by Jefferies on Wednesday, October 11.

Since February 20, 2018, it had 0 buys, and 5 selling transactions for $9.81 million activity. On Friday, February 23 the insider Kelligrew James B sold $1.10 million. On Friday, February 23 the insider GODRIDGE LESLIE V sold $1.35M. On Friday, February 23 the insider Elmore John R. sold $1.10 million. von Gillern Jeffry H. had sold 13,641 shares worth $750,528 on Friday, February 23. $5.51 million worth of U.S. Bancorp (NYSE:USB) was sold by Parker P.W. on Tuesday, February 20.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.07, from 0.89 in 2017Q3. It increased, 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. Mutual Of America Mngmt Ltd Liability Company has invested 0.16% in U.S. Bancorp (NYSE:USB). The Japan-based Mitsubishi Ufj Tru & Banking Corporation has invested 0.33% in U.S. Bancorp (NYSE:USB). Argent Company has invested 0.38% in U.S. Bancorp (NYSE:USB). 4,760 were accumulated by Headinvest Limited Liability Co. Pittenger And Anderson invested 0.53% of its portfolio in U.S. Bancorp (NYSE:USB). Bank Of The Ozarks holds 83,899 shares or 1.7% of its portfolio. Willis Inv Counsel accumulated 308,200 shares. Skba Capital Mngmt Limited Liability Company has 2.83% invested in U.S. Bancorp (NYSE:USB). Covington Management holds 0.06% or 18,488 shares in its portfolio. Northstar Investment Advisors Limited Liability Corporation has 0.29% invested in U.S. Bancorp (NYSE:USB) for 30,311 shares. Curbstone Financial Management owns 19,625 shares. Whittier Tru Company Of Nevada holds 0.08% of its portfolio in U.S. Bancorp (NYSE:USB) for 17,983 shares. Peddock Cap Lc invested in 0% or 74 shares. Ironwood Counsel Ltd Co has invested 1.96% in U.S. Bancorp (NYSE:USB). Holt Capital Lc Dba Holt Capital Prtn Lp stated it has 0.08% in U.S. Bancorp (NYSE:USB).

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

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