Capital Analysts LLC Has $132,000 Stake in U.S. Bancorp (NYSE:USB)

Capital Analysts LLC boosted its stake in U.S. Bancorp (NYSE:USB) by 44.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,763 shares of the financial services provider’s stock after purchasing an additional 844 shares during the period. Capital Analysts LLC’s holdings in U.S. Bancorp were worth $132,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of USB. Winch Advisory Services LLC grew its holdings in U.S. Bancorp by 1,088.9% during the 4th quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 490 shares during the period. J.Safra Asset Management Corp acquired a new stake in U.S. Bancorp during the 4th quarter worth about $26,000. FPC Investment Advisory Inc. acquired a new stake in U.S. Bancorp during the 4th quarter worth about $28,000. Global Wealth Strategies & Associates grew its holdings in U.S. Bancorp by 70.8% during the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 250 shares during the period. Finally, Stonebridge Financial Group LLC acquired a new stake in U.S. Bancorp during the 4th quarter worth about $30,000. 77.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Terrance R. Dolan sold 66,317 shares of U.S. Bancorp stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $46.96, for a total value of $3,114,246.32. Following the sale, the insider now owns 209,482 shares of the company’s stock, valued at approximately $9,837,274.72. The trade was a 24.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Aleem Gillani acquired 5,000 shares of U.S. Bancorp stock in a transaction that occurred on Monday, April 21st. The stock was acquired at an average price of $37.32 per share, with a total value of $186,600.00. Following the completion of the purchase, the director now directly owns 15,000 shares in the company, valued at $559,800. This represents a 50.00 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 219,812 shares of company stock valued at $10,385,665. 0.23% of the stock is owned by company insiders.

U.S. Bancorp Price Performance

U.S. Bancorp stock opened at $40.15 on Tuesday. U.S. Bancorp has a 52 week low of $35.18 and a 52 week high of $53.98. The company’s 50 day moving average price is $41.57 and its two-hundred day moving average price is $46.57. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 1.11. The stock has a market cap of $62.55 billion, a P/E ratio of 10.59, a P/E/G ratio of 1.73 and a beta of 0.91.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.06. The company had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.92 billion. U.S. Bancorp had a net margin of 14.75% and a return on equity of 12.94%. During the same quarter in the previous year, the firm posted $0.78 EPS. On average, equities analysts predict that U.S. Bancorp will post 4.38 earnings per share for the current year.

U.S. Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.50 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.98%. U.S. Bancorp’s dividend payout ratio (DPR) is presently 49.50%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on USB shares. Citigroup decreased their price target on U.S. Bancorp from $65.00 to $55.00 and set a “buy” rating for the company in a report on Monday, March 24th. Oppenheimer increased their price target on U.S. Bancorp from $57.00 to $59.00 and gave the stock an “outperform” rating in a report on Monday. Wolfe Research upgraded U.S. Bancorp from a “peer perform” rating to an “outperform” rating and set a $49.00 target price for the company in a research note on Thursday, April 3rd. Raymond James restated an “outperform” rating and issued a $51.00 target price (down from $57.00) on shares of U.S. Bancorp in a research note on Thursday, April 17th. Finally, Piper Sandler reduced their target price on U.S. Bancorp from $49.00 to $48.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, U.S. Bancorp has an average rating of “Moderate Buy” and a consensus target price of $50.48.

U.S. Bancorp Company Profile

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.