Brookstone Capital Management Has $13.50 Million Holdings in U.S. Bancorp $USB

Brookstone Capital Management decreased its holdings in U.S. Bancorp (NYSE:USB) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 252,972 shares of the financial services provider’s stock after selling 14,611 shares during the period. Brookstone Capital Management’s holdings in U.S. Bancorp were worth $13,499,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Gilbert & Cook Inc. increased its holdings in shares of U.S. Bancorp by 1.2% during the 4th quarter. Gilbert & Cook Inc. now owns 15,590 shares of the financial services provider’s stock worth $832,000 after acquiring an additional 184 shares during the last quarter. Genesis Private Wealth LLC raised its stake in U.S. Bancorp by 2.3% in the 4th quarter. Genesis Private Wealth LLC now owns 8,348 shares of the financial services provider’s stock valued at $445,000 after acquiring an additional 187 shares during the period. Lantz Financial LLC lifted its holdings in U.S. Bancorp by 0.4% during the 4th quarter. Lantz Financial LLC now owns 49,360 shares of the financial services provider’s stock valued at $2,634,000 after purchasing an additional 199 shares during the last quarter. Park National Corp OH boosted its position in U.S. Bancorp by 0.7% during the fourth quarter. Park National Corp OH now owns 27,364 shares of the financial services provider’s stock worth $1,460,000 after purchasing an additional 200 shares during the period. Finally, Romano Brothers AND Company boosted its position in U.S. Bancorp by 2.4% during the fourth quarter. Romano Brothers AND Company now owns 9,156 shares of the financial services provider’s stock worth $489,000 after purchasing an additional 211 shares during the period. 77.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on USB. Piper Sandler reissued a “buy” rating on shares of U.S. Bancorp in a research report on Thursday, February 26th. Morgan Stanley reduced their target price on shares of U.S. Bancorp from $72.00 to $65.00 and set an “equal weight” rating for the company in a report on Tuesday. Truist Financial upgraded shares of U.S. Bancorp from a “hold” rating to a “buy” rating and upped their price target for the company from $61.00 to $66.00 in a research note on Thursday, February 26th. Evercore increased their price target 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. Finally, Argus boosted their price objective on U.S. Bancorp from $62.00 to $63.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $59.93.

Insider Activity

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 transaction, the insider directly 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by insiders.

U.S. Bancorp Stock Up 2.2%

USB opened at $51.98 on Wednesday. The stock has a fifty day moving average of $55.07 and a 200-day moving average of $51.84. The company has a market capitalization of $80.68 billion, a P/E ratio of 11.25, a P/E/G ratio of 0.93 and a beta of 1.04. U.S. Bancorp has a fifty-two week low of $35.18 and a fifty-two week high of $61.19. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $1.26 EPS for the quarter, beating the consensus estimate of $1.19 by $0.07. U.S. Bancorp had a net margin of 17.66% and a return on equity of 13.48%. The business had revenue of $7.92 billion for the quarter, compared to the consensus estimate of $7.31 billion. During the same period in the prior year, the company posted $1.07 earnings per share. U.S. Bancorp’s revenue was up 5.1% compared to the same quarter last year. On average, equities analysts expect that U.S. Bancorp will post 4.38 EPS for the current year.

U.S. Bancorp Dividend Announcement

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

More U.S. Bancorp News

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

• Positive Sentiment: Elavon (a U.S. Bank subsidiary) expanded its financing/payments partnership with Liberis to launch “Quick Capital” in Canada, extending a program that can drive SMB funding flows and payments revenue for Elavon/U.S. Bank. Elavon and Liberis Expand Partnership
• Positive Sentiment: U.S. Bank partnered with Built to digitalize and speed new-home construction mortgage workflows — a move that can increase mortgage originations, improve client experience and reduce execution friction on construction loans. U.S. Bank Enhances Consumer Mortgage Experience
• Positive Sentiment: Leadership update: U.S. Bancorp named Toby Clements chief operations officer (senior EVP), responsible for client service centers and global operations (~16,000 employees). Strong ops leadership can improve efficiency and execution on strategic initiatives. USB appoints Toby Clements as COO
• Neutral Sentiment: U.S. Bank is extending home‑improvement loan terms to address affordability, likely boosting originations but with potential margin tradeoffs depending on funding costs and credit performance. U.S. Bank extends loan terms
• Neutral Sentiment: Analyst/industry pieces are evaluating USB’s ability to sustain capital returns given its liquidity and investment‑grade profile — useful context but not immediate catalysts. Is U.S. Bancorp Poised to Sustain Its Capital Return Strategy?
• Negative Sentiment: Morgan Stanley cut its price target on USB from $72 to $65 and set an “equal weight” rating — a downgrade in upside expectations that can pressure sentiment and limit near-term upside. Morgan Stanley lowers price target
• Negative Sentiment: Oppenheimer also trimmed its price target (reported reduction to $71), another sign some analysts are moderating upside even as fundamentals remain solid. Oppenheimer Cuts Price Target

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.