Imprint Wealth LLC Buys 722 Shares of U.S. Bancorp (NYSE:USB)

Imprint Wealth LLC increased its stake in U.S. Bancorp (NYSE:USB) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,336 shares of the financial services provider’s stock after purchasing an additional 722 shares during the period. Imprint Wealth LLC’s holdings in U.S. Bancorp were worth $365,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of U.S. Bancorp by 5.0% in the third 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 last quarter. Mufg Bank LTD. increased its position in shares of U.S. Bancorp by 54.1% in the third 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 last quarter. Moneta Group Investment Advisors LLC increased its position in shares of U.S. Bancorp by 130,768.0% in the fourth 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 last quarter. FMR LLC grew its position in U.S. Bancorp by 1.8% during the third quarter. FMR LLC now owns 37,470,199 shares of the financial services provider’s stock valued at $1,238,765,000 after acquiring an additional 674,583 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in U.S. Bancorp by 5.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,120,947 shares of the financial services provider’s stock valued at $1,028,859,000 after acquiring an additional 1,610,004 shares during the last quarter. 77.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

USB has been the topic of a number of recent research reports. Compass Point upgraded shares of U.S. Bancorp from a “neutral” rating to a “buy” rating and increased their price target for the company from $46.00 to $49.00 in a research report on Friday, March 22nd. HSBC upgraded shares of U.S. Bancorp from a “hold” rating to a “buy” rating and increased their price target for the company from $47.00 to $53.00 in a research report on Thursday, March 28th. Jefferies Financial Group increased their price objective on U.S. Bancorp from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Monday, April 8th. Morgan Stanley raised their price target on U.S. Bancorp from $44.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. Finally, Stephens lowered U.S. Bancorp from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $47.41.

U.S. Bancorp Price Performance

NYSE:USB traded down $0.56 during trading hours on Tuesday, reaching $40.88. The stock had a trading volume of 3,017,249 shares, compared to its average volume of 8,616,802. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.81 and a current ratio of 0.81. U.S. Bancorp has a 52 week low of $27.27 and a 52 week high of $45.85. The company has a 50 day moving average price of $42.32 and a two-hundred day moving average price of $39.67. The stock has a market capitalization of $63.70 billion, a PE ratio of 12.64, a PEG ratio of 2.15 and a beta of 1.05.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings data on Wednesday, January 17th. The financial services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.85 billion. During the same quarter in the previous year, the company posted $1.20 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that U.S. Bancorp will post 3.87 earnings per share for the current fiscal year.

U.S. Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date was Wednesday, March 27th. U.S. Bancorp’s payout ratio is 59.76%.

Insiders Place Their Bets

In other news, insider Terrance R. Dolan sold 26,583 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $43.37, for a total transaction of $1,152,904.71. Following the transaction, the insider now owns 144,236 shares of the company’s stock, valued at approximately $6,255,515.32. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other U.S. Bancorp news, EVP James L. Chosy sold 21,582 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $41.47, for a total value of $895,005.54. Following the transaction, the executive vice president now owns 164,880 shares of the company’s stock, valued at approximately $6,837,573.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Terrance R. Dolan sold 26,583 shares of the company’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $43.37, for a total value of $1,152,904.71. Following the completion of the transaction, the insider now directly owns 144,236 shares in the company, valued at approximately $6,255,515.32. The disclosure for this sale can be found here. Insiders have sold a total of 60,265 shares of company stock valued at $2,535,903 in the last quarter. 0.23% of the stock is currently owned by insiders.

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.