U.S. Bancorp (NYSE:USB) Downgraded to Sell Rating by Wall Street Zen

U.S. Bancorp (NYSE:USB) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Sunday.

Other equities research analysts have also issued reports about the company. Morgan Stanley set a $64.00 price objective on U.S. Bancorp in a research note on Friday, April 17th. DA Davidson reaffirmed a “buy” rating and issued a $65.00 price target on shares of U.S. Bancorp in a research note on Friday, April 17th. JPMorgan Chase & Co. lowered their price target on U.S. Bancorp from $58.00 to $57.50 and set an “underweight” rating on the stock in a research report on Thursday, April 30th. Stephens assumed coverage on U.S. Bancorp in a research note on Monday, June 15th. They set an “equal weight” rating and a $63.00 price objective for the company. Finally, Royal Bank Of Canada increased their price objective on U.S. Bancorp from $59.00 to $61.00 and gave the stock an “outperform” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, U.S. Bancorp has an average rating of “Moderate Buy” and an average target price of $61.48.

U.S. Bancorp Price Performance

Shares of U.S. Bancorp stock opened at $60.93 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.81 and a current ratio of 0.81. The firm’s 50-day simple moving average is $56.09 and its 200-day simple moving average is $55.19. U.S. Bancorp has a twelve month low of $43.46 and a twelve month high of $61.88. The firm has a market cap of $94.51 billion, a P/E ratio of 12.77, a price-to-earnings-growth ratio of 1.05 and a beta of 0.97.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings results 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 firm had revenue of $7.32 billion during the quarter, compared to analyst estimates of $7.27 billion. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.03 earnings per share. As a group, research analysts expect that U.S. Bancorp will post 5.09 EPS for the current fiscal year.

Insider Buying and Selling at U.S. Bancorp

In other U.S. Bancorp news, EVP Venkatachari Dilip sold 34,522 shares of U.S. Bancorp stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $55.52, for a total value of $1,916,661.44. Following the completion of the transaction, the executive vice president 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jodi L. Richard sold 40,000 shares of the business’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total value of $2,280,000.00. Following the completion of the transaction, the insider directly owned 207,251 shares in the company, valued at approximately $11,813,307. This represents a 16.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On U.S. Bancorp

Several large investors have recently made changes to their positions in USB. Inceptionr LLC boosted its position in shares of U.S. Bancorp by 424.4% during the fourth quarter. Inceptionr LLC now owns 27,614 shares of the financial services provider’s stock worth $1,473,000 after purchasing an additional 22,348 shares in the last quarter. Danske Bank A S bought a new stake in shares of U.S. Bancorp in the 3rd quarter valued at $37,162,000. Nordea Investment Management AB increased its position in shares of U.S. Bancorp by 15.3% in the 4th quarter. Nordea Investment Management AB now owns 2,690,174 shares of the financial services provider’s stock valued at $144,462,000 after buying an additional 357,300 shares in the last quarter. Goodman Advisory Group LLC raised its stake in U.S. Bancorp by 30.5% during the 3rd quarter. Goodman Advisory Group LLC now owns 194,035 shares of the financial services provider’s stock worth $9,378,000 after buying an additional 45,365 shares during the period. Finally, Lighthouse Investment Partners LLC raised its stake in U.S. Bancorp by 92.9% during the 3rd quarter. Lighthouse Investment Partners LLC now owns 252,335 shares of the financial services provider’s stock worth $12,195,000 after buying an additional 121,529 shares during the period. Institutional investors and hedge funds own 77.60% of the company’s stock.

Key Stories Impacting U.S. Bancorp

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

• Positive Sentiment: Truist raised U.S. Bancorp’s price target to $66 from $62 and kept a buy rating, signaling improved analyst confidence in the stock. Benzinga report on Truist price-target raise
• Positive Sentiment: U.S. Bancorp said it passed the Fed’s 2026 stress test and plans to boost its dividend, which highlights strong capital levels and supports the case for higher shareholder returns. Business Wire stress test results
• Neutral Sentiment: Wall Street is expecting double-digit EPS growth when U.S. Bancorp reports second-quarter earnings next month, which keeps expectations constructive but still awaits the actual results. Barchart earnings preview
• Neutral Sentiment: U.S. Bancorp also drew unusual call-option activity, suggesting some traders are positioning for a further move higher, though this is not a fundamental catalyst on its own.
• Neutral Sentiment: Recent commentary from the bank on Dodd-Frank stress test results and capital returns mostly reinforces the same positive message: solid balance-sheet resilience and support for dividends and buybacks. Business Wire stress test results

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.