Aperio Group LLC raised its holdings in U.S. Bancorp (NYSE:USB) by 5.4% during the 4th quarter, Holdings Channel reports. The fund owned 1,365,090 shares of the financial services provider’s stock after buying an additional 69,599 shares during the period. Aperio Group LLC’s holdings in U.S. Bancorp were worth $73,142,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in USB. Phocas Financial Corp. bought a new position in U.S. Bancorp in the 2nd quarter valued at $109,000. Horan Capital Advisors LLC. purchased a new stake in shares of U.S. Bancorp in the 3rd quarter worth $112,000. Cerebellum GP LLC purchased a new stake in shares of U.S. Bancorp in the 4th quarter worth $123,000. Pathstone Family Office LLC lifted its holdings in shares of U.S. Bancorp by 13.2% in the 2nd quarter. Pathstone Family Office LLC now owns 3,317 shares of the financial services provider’s stock worth $172,000 after buying an additional 386 shares during the period. Finally, San Francisco Sentry Investment Group CA lifted its holdings in shares of U.S. Bancorp by 1,211.9% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 3,306 shares of the financial services provider’s stock worth $177,000 after buying an additional 3,054 shares during the period. 73.87% of the stock is currently owned by institutional investors.

Shares of U.S. Bancorp (USB) opened at $54.14 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.81 and a current ratio of 0.82. The firm has a market capitalization of $89,840.00, a price-to-earnings ratio of 15.42, a P/E/G ratio of 1.78 and a beta of 0.87. U.S. Bancorp has a 12 month low of $49.53 and a 12 month high of $58.50.

U.S. Bancorp (NYSE:USB) last issued its quarterly earnings data on Wednesday, January 17th. The financial services provider reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.59 billion. U.S. Bancorp had a return on equity of 13.89% and a net margin of 25.91%. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 EPS. analysts anticipate that U.S. Bancorp will post 4.03 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date of this dividend was Thursday, December 28th. U.S. Bancorp’s dividend payout ratio (DPR) is currently 34.19%.

Several equities research analysts have weighed in on USB shares. Nomura upped their target price on U.S. Bancorp from $55.00 to $57.00 and gave the stock a “neutral” rating in a report on Monday, October 23rd. Zacks Investment Research cut U.S. Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Jefferies Group reiterated a “buy” rating and issued a $63.00 target price on shares of U.S. Bancorp in a report on Monday, January 8th. Deutsche Bank upgraded U.S. Bancorp from a “hold” rating to a “buy” rating and upped their target price for the stock from $60.00 to $63.00 in a report on Thursday, January 25th. Finally, Piper Jaffray Companies upgraded U.S. Bancorp from a “neutral” rating to an “overweight” rating and set a $61.00 target price for the company in a report on Friday, January 5th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the stock. U.S. Bancorp presently has a consensus rating of “Hold” and an average target price of $58.13.

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U.S. Bancorp Company Profile

U.S. Bancorp is a multi-state financial services holding company. The Company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing.

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

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