Bokf Na decreased its holdings in U.S. Bancorp (NYSE:USB – Free Report) by 7.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 186,885 shares of the financial services provider’s stock after selling 14,942 shares during the period. Bokf Na’s holdings in U.S. Bancorp were worth $9,972,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Clayton Financial Group LLC acquired a new stake in U.S. Bancorp in the 4th quarter valued at about $25,000. Guerra Advisors Inc acquired a new stake in U.S. Bancorp in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new stake in U.S. Bancorp in the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in U.S. Bancorp in the 3rd quarter valued at about $26,000. Finally, JPL Wealth Management LLC acquired a new stake in U.S. Bancorp in the 3rd quarter valued at about $28,000. Institutional investors and hedge funds own 77.60% of the company’s stock.
U.S. Bancorp Stock Up 1.1%
Shares of NYSE USB opened at $56.19 on Thursday. The company has a 50 day simple moving average of $54.05 and a 200-day simple moving average of $53.10. The company has a market capitalization of $87.22 billion, a P/E ratio of 11.78, a P/E/G ratio of 1.00 and a beta of 1.00. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.81. U.S. Bancorp has a 1 year low of $41.13 and a 1 year high of $61.19.
U.S. Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.7%. U.S. Bancorp’s dividend payout ratio (DPR) is presently 43.61%.
Analyst Ratings Changes
USB has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their price objective on shares of U.S. Bancorp from $58.00 to $57.50 and set an “underweight” rating for the company in a report on Thursday, April 30th. TD Cowen increased their price objective on shares of U.S. Bancorp from $65.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Evercore increased their price objective on shares of U.S. Bancorp from $60.00 to $65.00 and gave the company an “in-line” rating in a report on Thursday, February 5th. Argus increased their price objective on shares of U.S. Bancorp from $62.00 to $63.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Wolfe Research downgraded shares of U.S. Bancorp from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, U.S. Bancorp currently has an average rating of “Moderate Buy” and an average target price of $61.20.
Read Our Latest Research Report on USB
More U.S. Bancorp News
Here are the key news stories impacting U.S. Bancorp this week:
- Positive Sentiment: Wall Street analysts and market commentators remain constructive — several outlets compiled recent analyst target prices and maintained a measuredly optimistic outlook, supporting demand for the shares. What are Wall Street analysts’ target price for US Bancorp stock?
- Positive Sentiment: Momentum-focused research (Zacks and other pieces) highlights USB as a long-term momentum name based on style scores and recent performance, which attracts trend-following and quantitative funds. Why U.S. Bancorp (USB) is a Top Momentum Stock for the Long-Term
- Positive Sentiment: Valuation write-ups argue USB still shows modest upside after a strong one‑year gain, keeping value-oriented investors engaged. Is U.S. Bancorp (USB) Still Attractive After A 41.4% One-Year Share Price Gain
- Positive Sentiment: CEO interviews (WSJ event and other profiles) reinforce management’s strategy on marketing, technology and AI adoption — narratives that can bolster investor confidence in execution and growth prospects. US Bank CEO on AI Popularity in the Workforce
- Neutral Sentiment: MarketWatch notes the stock rose on Wednesday but still underperformed the broader market, a reminder traders are balancing sector rotation and macro factors. U.S. Bancorp stock rises Wednesday, still underperforms market
- Neutral Sentiment: U.S. Bank’s CFO Insights Report highlights CFOs’ focus on cost control and dealmaking — macro guidance that affects banks broadly but doesn’t single out USB. U.S. Bank CFO Survey: Geopolitics and Inflation Rise on the Risk Agenda, but CFOs Keep Moving on Growth, Deals
- Neutral Sentiment: Industry data (U.S. Bank Freight Payment Index) shows higher shipping costs and mixed volumes — relevant for loan and payments exposure but not an immediate USB-specific catalyst. U.S. Bank Freight Payment Index: Shipper Spending Surges Amid Modest Freight Volumes
- Negative Sentiment: An executive insider sale: EVP Venkatachari Dilip sold 34,522 shares (~$1.92M at ~$55.52), reducing his ownership ~40% — a near-term negative signal that some investors may interpret as caution by insiders. SEC filing: SEC Filing – Insider Sale
Insider Buying and Selling
In related news, insider Mark G. Runkel sold 32,195 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $60.65, for a total transaction of $1,952,626.75. Following the completion of the transaction, the insider owned 97,728 shares of the company’s stock, valued at approximately $5,927,203.20. This trade represents a 24.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Venkatachari Dilip sold 34,522 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $55.52, for a total transaction of $1,916,661.44. Following the transaction, the executive vice president directly owned 51,292 shares of the company’s stock, valued at $2,847,731.84. The trade was a 40.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 106,717 shares of company stock valued at $6,149,288. Company insiders own 0.21% of the company’s stock.
U.S. Bancorp Company Profile
U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.
Headquartered in Minneapolis, Minnesota, U.S.
Read More
Want to see what other hedge funds are holding USB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for U.S. Bancorp (NYSE:USB – Free Report).
Receive News & Ratings for U.S. Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
