36,368 Shares in U.S. Bancorp $USB Bought by Econ Financial Services Corp

Econ Financial Services Corp acquired a new stake in U.S. Bancorp (NYSE:USB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,368 shares of the financial services provider’s stock, valued at approximately $1,941,000.

Several other large investors have also bought and sold shares of USB. Vanguard Group Inc. lifted its holdings in U.S. Bancorp by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 144,548,379 shares of the financial services provider’s stock worth $6,986,023,000 after buying an additional 1,279,104 shares during the period. State Street Corp increased its stake in shares of U.S. Bancorp by 0.9% in the third quarter. State Street Corp now owns 69,179,530 shares of the financial services provider’s stock valued at $3,378,808,000 after buying an additional 648,943 shares during the period. Davis Selected Advisers raised its position in shares of U.S. Bancorp by 0.5% during the third quarter. Davis Selected Advisers now owns 19,431,562 shares of the financial services provider’s stock worth $939,127,000 after acquiring an additional 99,925 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of U.S. Bancorp by 7.2% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 17,758,947 shares of the financial services provider’s stock worth $858,290,000 after acquiring an additional 1,189,525 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of U.S. Bancorp by 1.1% in the third quarter. Northern Trust Corp now owns 16,438,774 shares of the financial services provider’s stock worth $794,486,000 after acquiring an additional 172,645 shares during the period. 77.60% of the stock is owned by institutional investors.

Trending Headlines about U.S. Bancorp

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

Insider Activity

In related news, insider Mark G. Runkel sold 32,195 shares of the business’s stock in a transaction 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 owned 97,728 shares in the company, valued at $5,927,203.20. The trade was a 24.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is owned by insiders.

Analyst Ratings Changes

USB has been the topic of several analyst reports. JPMorgan Chase & Co. upped their target price on U.S. Bancorp from $55.50 to $62.00 and gave the company an “underweight” rating in a report on Monday, February 9th. Argus raised their price target on shares of U.S. Bancorp from $62.00 to $63.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Jefferies Financial Group started coverage on shares of U.S. Bancorp in a research report on Thursday, March 26th. They issued a “hold” rating and a $55.00 price target on the stock. Oppenheimer reduced their price objective on shares of U.S. Bancorp from $77.00 to $71.00 and set an “outperform” rating on the stock in a research note on Friday, March 27th. Finally, Royal Bank Of Canada lifted their target price on shares of U.S. Bancorp from $57.00 to $59.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $59.93.

U.S. Bancorp Stock Up 2.2%

Shares of U.S. Bancorp stock opened at $51.98 on Wednesday. The stock’s 50-day moving average is $55.07 and its 200 day moving average is $51.84. U.S. Bancorp has a one year low of $35.18 and a one year high of $61.19. The firm has a market cap of $80.68 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 0.93 and a beta of 1.04. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80.

U.S. Bancorp (NYSE:USB) last issued its earnings results on Tuesday, January 20th. The financial services provider reported $1.26 earnings per share for the quarter, topping 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 the consensus estimate of $7.31 billion. During the same period in the previous year, the company posted $1.07 earnings per share. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. Equities research analysts anticipate that U.S. Bancorp will post 4.38 EPS for the current year.

U.S. Bancorp Announces Dividend

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

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.