U.S. Bancorp (NYSE:USB) Shares Sold by Caldwell Sutter Capital Inc.

Caldwell Sutter Capital Inc. decreased its holdings in shares of U.S. Bancorp (NYSE:USBFree Report) by 11.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,156 shares of the financial services provider’s stock after selling 1,263 shares during the quarter. Caldwell Sutter Capital Inc.’s holdings in U.S. Bancorp were worth $440,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. CGC Financial Services LLC acquired a new position in U.S. Bancorp in the fourth quarter valued at about $25,000. BKM Wealth Management LLC acquired a new position in shares of U.S. Bancorp in the 4th quarter worth approximately $26,000. Planned Solutions Inc. acquired a new position in shares of U.S. Bancorp in the 4th quarter worth approximately $27,000. Legacy Financial Group LLC purchased a new position in shares of U.S. Bancorp during the 3rd quarter worth approximately $30,000. Finally, First Command Advisory Services Inc. acquired a new stake in U.S. Bancorp in the 3rd quarter valued at approximately $35,000. Institutional investors and hedge funds own 77.60% of the company’s stock.

Insiders Place Their Bets

In related news, EVP James L. Chosy sold 21,582 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $41.47, for a total value of $895,005.54. Following the completion of the sale, the executive vice president now owns 164,880 shares in the company, valued at approximately $6,837,573.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, EVP James L. Chosy sold 21,582 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $41.47, for a total transaction of $895,005.54. Following the transaction, the executive vice president now owns 164,880 shares of the company’s stock, valued at $6,837,573.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Timothy A. Welsh sold 12,100 shares of the business’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $40.33, for a total value of $487,993.00. Following the completion of the transaction, the insider now owns 106,958 shares in the company, valued at approximately $4,313,616.14. The disclosure for this sale can be found here. Insiders have sold a total of 60,265 shares of company stock valued at $2,535,903 over the last quarter. Company insiders own 0.23% of the company’s stock.

U.S. Bancorp Stock Up 1.6 %

USB stock opened at $44.70 on Monday. The stock has a market cap of $69.65 billion, a P/E ratio of 13.63, a PEG ratio of 2.31 and a beta of 1.05. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.05. U.S. Bancorp has a twelve month low of $27.27 and a twelve month high of $45.85. The company’s 50 day moving average is $42.13 and its two-hundred day moving average is $38.95.

U.S. Bancorp (NYSE:USBGet Free Report) last announced its quarterly earnings results on Wednesday, January 17th. The financial services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.71 by $0.28. The firm had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.85 billion. U.S. Bancorp had a net margin of 13.36% and a return on equity of 14.89%. U.S. Bancorp’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the business earned $1.20 EPS. Research analysts expect that U.S. Bancorp will post 3.88 earnings per share for the current fiscal year.

U.S. Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 29th will be paid a dividend of $0.49 per share. The ex-dividend date is Wednesday, March 27th. This represents a $1.96 dividend on an annualized basis and a yield of 4.38%. U.S. Bancorp’s dividend payout ratio is presently 59.76%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Royal Bank of Canada raised their price target on U.S. Bancorp from $43.00 to $47.00 and gave the stock an “outperform” rating in a research report on Thursday, January 18th. Oppenheimer lowered their target price on U.S. Bancorp from $61.00 to $55.00 and set an “outperform” rating for the company in a report on Tuesday, March 19th. Wells Fargo & Company raised their price objective on shares of U.S. Bancorp from $43.00 to $50.00 and gave the company an “overweight” rating in a research note on Thursday, December 14th. The Goldman Sachs Group increased their target price on shares of U.S. Bancorp from $37.00 to $42.00 and gave the stock a “neutral” rating in a report on Tuesday, December 19th. Finally, Stephens downgraded shares of U.S. Bancorp from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, U.S. Bancorp has a consensus rating of “Hold” and a consensus target price of $46.41.

Check Out Our Latest Stock Analysis on U.S. Bancorp

U.S. Bancorp Profile

(Free Report)

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.

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Institutional Ownership by Quarter for U.S. Bancorp (NYSE:USB)

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