Natural Investments LLC Takes Position in U.S. Bancorp (NYSE:USB)

Natural Investments LLC bought a new stake in U.S. Bancorp (NYSE:USB - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,823 shares of the financial services provider's stock, valued at approximately $804,000.

Other institutional investors also recently bought and sold shares of the company. Winch Advisory Services LLC grew its position in shares of U.S. Bancorp by 1,088.9% during the fourth quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider's stock worth $26,000 after purchasing an additional 490 shares in the last quarter. J.Safra Asset Management Corp purchased a new position in shares of U.S. Bancorp in the 4th quarter worth approximately $26,000. FPC Investment Advisory Inc. purchased a new position in shares of U.S. Bancorp in the 4th quarter worth approximately $28,000. Frazier Financial Advisors LLC boosted its holdings in shares of U.S. Bancorp by 222.7% in the 3rd quarter. Frazier Financial Advisors LLC now owns 639 shares of the financial services provider's stock worth $29,000 after purchasing an additional 441 shares during the period. Finally, Global Wealth Strategies & Associates boosted its holdings in shares of U.S. Bancorp by 70.8% in the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider's stock worth $29,000 after purchasing an additional 250 shares during the period. Institutional investors own 77.60% of the company's stock.

Insider Activity

In other news, insider Terrance R. Dolan sold 66,317 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $46.96, for a total value of $3,114,246.32. Following the sale, the insider now owns 209,482 shares in the company, valued at $9,837,274.72. This represents a 24.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew Cecere sold 102,044 shares of the company's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $47.25, for a total value of $4,821,579.00. Following the completion of the sale, the chief executive officer now owns 1,230,316 shares in the company, valued at $58,132,431. The trade was a 7.66 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 219,812 shares of company stock valued at $10,385,665. Company insiders own 0.23% of the company's stock.

U.S. Bancorp Trading Down 1.8 %

Shares of NYSE:USB opened at $41.60 on Wednesday. The business's 50-day moving average is $47.29 and its 200 day moving average is $47.89. U.S. Bancorp has a 1 year low of $37.81 and a 1 year high of $53.98. The firm has a market capitalization of $64.81 billion, a P/E ratio of 10.98, a P/E/G ratio of 1.73 and a beta of 1.02. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.81 and a quick ratio of 0.80.

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

U.S. Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.81%. U.S. Bancorp's dividend payout ratio is presently 52.77%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Oppenheimer boosted their price objective on U.S. Bancorp from $62.00 to $63.00 and gave the company an "outperform" rating in a report on Friday, January 17th. Barclays boosted their price objective on U.S. Bancorp from $57.00 to $61.00 and gave the company an "overweight" rating in a report on Monday, January 6th. DA Davidson upgraded U.S. Bancorp from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $58.00 to $60.00 in a report on Thursday, January 2nd. Raymond James upgraded U.S. Bancorp from a "market perform" rating to an "outperform" rating and set a $57.00 price objective for the company in a report on Thursday, December 19th. Finally, Morgan Stanley dropped their price objective on U.S. Bancorp from $60.00 to $59.00 and set an "overweight" rating for the company in a report on Friday, January 17th. Ten investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $54.21.

U.S. Bancorp 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.

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