Trilogy Capital Inc. Raises Stock Position in U.S. Bancorp (NYSE:USB)

Trilogy Capital Inc. raised its stake in shares of U.S. Bancorp (NYSE:USBFree Report) by 1.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 75,299 shares of the financial services provider’s stock after acquiring an additional 1,075 shares during the period. Trilogy Capital Inc.’s holdings in U.S. Bancorp were worth $3,259,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of U.S. Bancorp by 5.0% in the 3rd quarter. Vanguard Group Inc. now owns 136,513,206 shares of the financial services provider’s stock worth $4,513,127,000 after purchasing an additional 6,479,642 shares during the period. BlackRock Inc. lifted its stake in shares of U.S. Bancorp by 6.0% in the 2nd quarter. BlackRock Inc. now owns 110,704,962 shares of the financial services provider’s stock worth $3,657,692,000 after purchasing an additional 6,307,085 shares during the period. Mufg Bank LTD. lifted its stake in shares of U.S. Bancorp by 54.1% in the 3rd quarter. Mufg Bank LTD. now owns 68,374,155 shares of the financial services provider’s stock worth $2,260,450,000 after purchasing an additional 24,000,000 shares during the period. State Street Corp lifted its stake in shares of U.S. Bancorp by 4.0% in the 2nd quarter. State Street Corp now owns 60,462,681 shares of the financial services provider’s stock worth $2,026,405,000 after purchasing an additional 2,300,777 shares during the period. Finally, Moneta Group Investment Advisors LLC lifted its stake in shares of U.S. Bancorp by 130,768.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 60,273,882 shares of the financial services provider’s stock worth $2,628,544,000 after purchasing an additional 60,227,825 shares during the period. Institutional investors own 75.40% of the company’s stock.

Insider Activity at U.S. Bancorp

In related news, insider Shailesh M. Kotwal sold 2,954 shares of the company’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $39.56, for a total transaction of $116,860.24. Following the transaction, the insider now directly owns 119,768 shares of the company’s stock, valued at approximately $4,738,022.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, insider Shailesh M. Kotwal sold 2,954 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $39.56, for a total value of $116,860.24. Following the transaction, the insider now directly owns 119,768 shares of the company’s stock, valued at $4,738,022.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shailesh M. Kotwal sold 2,046 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $40.34, for a total value of $82,535.64. Following the completion of the transaction, the insider now directly owns 112,722 shares in the company, valued at $4,547,205.48. The disclosure for this sale can be found here. Insiders have sold 88,021 shares of company stock valued at $3,760,229 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

U.S. Bancorp Stock Down 0.4 %

Shares of USB stock traded down $0.15 during trading hours on Wednesday, reaching $41.22. 6,508,191 shares of the company’s stock were exchanged, compared to its average volume of 9,228,022. U.S. Bancorp has a fifty-two week low of $27.27 and a fifty-two week high of $47.56. The stock’s 50 day moving average is $42.04 and its 200-day moving average is $37.91. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.05. The company has a market cap of $64.23 billion, a price-to-earnings ratio of 12.57, a P/E/G ratio of 2.08 and a beta of 1.04.

U.S. Bancorp (NYSE:USBGet Free Report) last announced its earnings results on Wednesday, January 17th. The financial services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.28. U.S. Bancorp had a return on equity of 14.89% and a net margin of 13.36%. The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.85 billion. During the same period in the prior year, the company posted $1.20 EPS. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. Analysts predict that U.S. Bancorp will post 3.93 earnings per share for the current fiscal year.

U.S. Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were given a dividend of $0.49 per share. This is a positive change from U.S. Bancorp’s previous quarterly dividend of $0.48. This represents a $1.96 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend was Thursday, December 28th. U.S. Bancorp’s dividend payout ratio is currently 59.76%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on USB shares. TheStreet raised shares of U.S. Bancorp from a “c+” rating to a “b-” rating in a report on Tuesday, December 26th. The Goldman Sachs Group increased their price objective on shares of U.S. Bancorp from $37.00 to $42.00 and gave the company a “neutral” rating in a report on Tuesday, December 19th. UBS Group increased their price objective on shares of U.S. Bancorp from $35.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, January 17th. Royal Bank of Canada increased their price objective on shares of U.S. Bancorp from $43.00 to $47.00 and gave the company an “outperform” rating in a report on Thursday, January 18th. Finally, StockNews.com downgraded U.S. Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, U.S. Bancorp has a consensus rating of “Hold” and an average price target of $45.35.

Check Out Our Latest Analysis on USB

U.S. Bancorp Company Profile

(Free Report)

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.

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Institutional Ownership by Quarter for U.S. Bancorp (NYSE:USB)

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