U.S. Bancorp (NYSE:USB) EVP Venkatachari Dilip Sells 34,522 Shares

U.S. Bancorp (NYSE:USB) EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were 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 in the company, valued at approximately $2,847,731.84. The trade was a 40.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

U.S. Bancorp Stock Performance

Shares of USB opened at $56.19 on Thursday. The firm’s 50 day moving average is $54.05 and its 200-day moving average is $53.10. The stock 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 12-month low of $41.13 and a 12-month high of $61.19.

U.S. Bancorp (NYSE:USB) last announced its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.04. The company had revenue of $7.32 billion for the quarter, compared to analysts’ expectations of $7.27 billion. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS. Equities research analysts anticipate that U.S. Bancorp will post 5.09 EPS for the current fiscal year.

U.S. Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.52 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.08 dividend on an annualized basis and a yield of 3.7%. U.S. Bancorp’s payout ratio is 43.61%.

Institutional Trading of U.S. Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the company. Guerra Advisors Inc bought a new position in U.S. Bancorp during the third quarter worth $25,000. Financial Life Planners bought a new position in U.S. Bancorp during the third quarter worth $25,000. Clayton Financial Group LLC bought a new position in U.S. Bancorp during the fourth quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in U.S. Bancorp during the third quarter worth $26,000. Finally, Main Street Group LTD bought a new position in U.S. Bancorp during the first quarter worth $28,000. 77.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

USB has been the subject of a number of analyst reports. Oppenheimer lifted their target price on shares of U.S. Bancorp from $73.00 to $74.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. HSBC restated a “buy” rating and issued a $62.00 price objective on shares of U.S. Bancorp in a research note on Wednesday, January 7th. TD Cowen boosted their price objective on shares of U.S. Bancorp from $65.00 to $66.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Truist Financial reduced their price objective on shares of U.S. Bancorp from $63.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, April 17th. Finally, DA Davidson restated a “buy” rating and issued a $65.00 price objective on shares of U.S. Bancorp in a research note on Friday, April 17th. One equities research 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $61.20.

More U.S. Bancorp News

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

• Positive Sentiment: Zacks highlights USB as a long?term momentum pick based on style scores and earnings/price momentum — supporting bullish investor sentiment. Article Title
• Positive Sentiment: Profile pieces (MSN/Yahoo) arguing USB remains an attractive momentum/long?term idea reinforce buy-side interest as the shares recover from earlier volatility. Article Title
• Neutral Sentiment: Articles summarizing Wall Street analyst target prices show a measured but generally optimistic consensus; useful for gauging upside vs. current price. Article Title
• Neutral Sentiment: Valuation and attractiveness write?ups note USB’s ~41% one?year gain and argue the stock may still trade with modest undervaluation versus fundamentals — keeps investors weighing growth vs. stretched multiple. Article Title
• Neutral Sentiment: U.S. Bank’s CFO Insights report shows finance leaders focusing on cost cuts and renewed growth/deal activity — a macro/industry datapoint that frames banks’ earnings outlooks. Article Title
• Neutral Sentiment: U.S. Bank Freight Payment Index notes rising freight costs — a sector economic signal that can affect commercial loan performance and fee businesses indirectly. Article Title
• Positive Sentiment: CEO Gunjan Kedia interviews (WSJ/Future of Everything) stressing strategy, tech investments and marketing execution support confidence in management’s plan to drive growth and reposition the bank. Article Title
• Negative Sentiment: Insider sale: EVP Venkatachari Dilip sold 34,522 shares (~$1.92M at ~$55.52), reducing his holding by ~40% — a notable disposal that can weigh on sentiment. SEC Filing
• Negative Sentiment: MarketWatch notes the stock rose but still underperformed the broader market recently, a reminder investors are weighing sector/regulatory risk vs. USB’s rebound. Article Title

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.