Danica Pension Livsforsikringsaktieselskab Purchases New Holdings in U.S. Bancorp $USB

Danica Pension Livsforsikringsaktieselskab bought a new stake in U.S. Bancorp (NYSE:USB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,257,000 shares of the financial services provider’s stock, valued at approximately $60,751,000. Danica Pension Livsforsikringsaktieselskab owned about 0.08% of U.S. Bancorp at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Cannell & Spears LLC lifted its stake in shares of U.S. Bancorp by 1.0% in the 3rd quarter. Cannell & Spears LLC now owns 22,309 shares of the financial services provider’s stock worth $1,078,000 after acquiring an additional 214 shares during the period. Parcion Private Wealth LLC increased its stake in shares of U.S. Bancorp by 0.4% during the third quarter. Parcion Private Wealth LLC now owns 53,412 shares of the financial services provider’s stock worth $2,581,000 after acquiring an additional 218 shares during the period. Modern Wealth Management LLC raised its holdings in U.S. Bancorp by 1.0% during the third quarter. Modern Wealth Management LLC now owns 22,493 shares of the financial services provider’s stock worth $1,087,000 after purchasing an additional 221 shares in the last quarter. Diversify Advisory Services LLC lifted its position in U.S. Bancorp by 4.5% in the third quarter. Diversify Advisory Services LLC now owns 5,339 shares of the financial services provider’s stock valued at $249,000 after purchasing an additional 232 shares during the period. Finally, Bogart Wealth LLC lifted its position in U.S. Bancorp by 4.4% in the third quarter. Bogart Wealth LLC now owns 5,507 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 234 shares during the period. Hedge funds and other institutional investors own 77.60% of the company’s stock.

U.S. Bancorp Stock Performance

Shares of USB stock opened at $51.59 on Wednesday. The stock has a fifty day moving average price of $55.68 and a 200 day moving average price of $51.66. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market cap of $80.07 billion, a PE ratio of 11.17, a P/E/G ratio of 0.91 and a beta of 1.04. U.S. Bancorp has a 1 year low of $35.18 and a 1 year high of $61.19.

U.S. Bancorp (NYSE:USB) last announced its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.07. U.S. Bancorp had a return on equity of 13.48% and a net margin of 17.66%.The business had revenue of $7.92 billion during the quarter, compared to analysts’ expectations of $7.31 billion. During the same quarter last year, the business posted $1.07 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Sell-side analysts forecast that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

U.S. Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, March 31st. U.S. Bancorp’s dividend payout ratio is 45.02%.

Insider Activity at U.S. Bancorp

In other news, insider Mark G. Runkel sold 32,195 shares of the firm’s 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 directly owned 97,728 shares of the company’s stock, valued at $5,927,203.20. This trade represents a 24.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.21% of the stock is owned by corporate insiders.

Key Headlines Impacting U.S. Bancorp

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Management said it exceeded Q1 guidance for net interest income and fee income when presenting at the RBC Capital Markets Global Financial Institutions Conference; commentary emphasized strong underlying performance and outlook, supporting earnings visibility for investors. U.S. Bancorp (USB) Presents at RBC Conference, Here’s What You Should Know
• Positive Sentiment: U.S. Bank hired Alan Flanagan to lead Global Investment Services (global fund services, corporate trust, CLOs), a move that could accelerate fee‑generating business and international asset‑servicing growth. Leadership additions that expand fee revenue capabilities are typically viewed positively for bank valuation. Alan Flanagan joins U.S. Bank as head of Global Investment Services
• Positive Sentiment: Analyst coverage and company reporting point to solid organic top‑line expansion driven by a stronger loan pipeline, improving deposit mix and rising fee income — factors that support forward revenue and EPS estimates. USB’s Organic Growth Solid: What’s Fueling Top-Line Expansion?
• Neutral Sentiment: Proposed federal legislation (S.3940) to expand CDFI support could increase community‑development financing activity; U.S. Bancorp is listed among potentially affected firms — this is a longer‑term policy tailwind but not an immediate earnings driver. New Bill: Senator Steve Daines introduces S. 3940: Access to Fair Financing for Opportunity and Resilient Development Act
• Negative Sentiment: Short‑term pressure from interest‑rate expectations and investor rotation into perceived safe or higher‑rate beneficiaries has driven recent declines; USB remains rate‑sensitive and is trading below its 50‑day moving average, which can amplify near‑term volatility. Is It Time To Revisit U.S. Bancorp (USB) After Recent Interest Rate Jitters?

Wall Street Analyst Weigh In

USB has been the subject of a number of analyst reports. Evercore increased their target price on U.S. Bancorp from $60.00 to $65.00 and gave the stock an “in-line” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. upped their price objective on U.S. Bancorp from $55.50 to $62.00 and gave the stock an “underweight” rating in a report on Monday, February 9th. TD Cowen increased their price objective on U.S. Bancorp from $65.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. HSBC restated a “buy” rating and set a $62.00 target price on shares of U.S. Bancorp in a research report on Wednesday, January 7th. Finally, Piper Sandler reiterated a “buy” rating on shares of U.S. Bancorp in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $60.02.

U.S. Bancorp 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.