Compagnie Lombard Odier SCmA Has $4.14 Million Holdings in U.S. Bancorp (NYSE:USB)

Compagnie Lombard Odier SCmA increased its position in shares of U.S. Bancorp (NYSE:USB - Free Report) by 44.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,500 shares of the financial services provider's stock after acquiring an additional 26,419 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in U.S. Bancorp were worth $4,137,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Winch Advisory Services LLC raised its holdings in U.S. Bancorp by 1,088.9% during the 4th quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider's stock worth $26,000 after buying an additional 490 shares during the period. Frazier Financial Advisors LLC raised its holdings in U.S. Bancorp by 222.7% during the 3rd quarter. Frazier Financial Advisors LLC now owns 639 shares of the financial services provider's stock worth $29,000 after buying an additional 441 shares during the period. Global Wealth Strategies & Associates raised its holdings in U.S. Bancorp by 70.8% during the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider's stock worth $29,000 after buying an additional 250 shares during the period. Stonebridge Financial Group LLC acquired a new stake in U.S. Bancorp during the 4th quarter worth approximately $30,000. Finally, Albion Financial Group UT raised its holdings in U.S. Bancorp by 92.8% during the 4th quarter. Albion Financial Group UT now owns 696 shares of the financial services provider's stock worth $33,000 after buying an additional 335 shares during the period. Institutional investors own 77.60% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. DA Davidson upgraded shares of U.S. Bancorp from a "neutral" rating to a "buy" rating and raised their target price for the stock from $58.00 to $60.00 in a report on Thursday, January 2nd. Wells Fargo & Company lifted their price objective on shares of U.S. Bancorp from $60.00 to $62.00 and gave the company an "overweight" rating in a report on Friday, November 15th. Raymond James upgraded shares of U.S. Bancorp from a "market perform" rating to an "outperform" rating and set a $57.00 price objective on the stock in a report on Thursday, December 19th. Truist Financial started coverage on shares of U.S. Bancorp in a report on Tuesday, January 7th. They issued a "hold" rating and a $54.00 price objective on the stock. Finally, Citigroup upgraded shares of U.S. Bancorp from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $49.00 to $65.00 in a report on Monday, November 25th. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, U.S. Bancorp currently has a consensus rating of "Moderate Buy" and a consensus target price of $54.21.

Insider Activity

In other news, insider Terrance R. Dolan sold 66,317 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $46.96, for a total value of $3,114,246.32. Following the completion of the sale, the insider now owns 209,482 shares of the company's stock, valued at approximately $9,837,274.72. The trade was a 24.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jodi L. Richard sold 30,000 shares of the business's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $47.59, for a total transaction of $1,427,700.00. Following the completion of the sale, the insider now directly owns 99,790 shares of the company's stock, valued at approximately $4,749,006.10. The trade was a 23.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 219,812 shares of company stock valued at $10,385,665. 0.23% of the stock is owned by company insiders.

U.S. Bancorp Stock Performance

USB stock traded up $0.14 during midday trading on Tuesday, reaching $47.89. 5,459,106 shares of the company were exchanged, compared to its average volume of 9,164,594. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.81 and a quick ratio of 0.80. The business has a 50-day moving average price of $48.54 and a two-hundred day moving average price of $47.58. U.S. Bancorp has a one year low of $37.81 and a one year high of $53.98. The firm has a market capitalization of $74.71 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.77 and a beta of 1.04.

U.S. Bancorp (NYSE:USB - Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The financial services provider reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.01. U.S. Bancorp had a net margin of 14.75% and a return on equity of 12.94%. The firm had revenue of $7.01 billion during the quarter, compared to analysts' expectations of $7 billion. During the same period in the previous year, the business posted $0.99 earnings per share. The company's revenue for the quarter was up 3.7% compared to the same quarter last year. Equities research analysts forecast that U.S. Bancorp will post 4.38 EPS for the current year.

U.S. Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.00 dividend on an annualized basis and a yield of 4.18%. U.S. Bancorp's dividend payout ratio (DPR) is 52.77%.

U.S. Bancorp Company Profile

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.