Prana Capital Management LP Acquires 29,161 Shares of U.S. Bancorp $USB

Prana Capital Management LP grew its holdings in U.S. Bancorp (NYSE:USB) by 1.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 2,519,210 shares of the financial services provider’s stock after buying an additional 29,161 shares during the period. U.S. Bancorp accounts for approximately 4.1% of Prana Capital Management LP’s portfolio, making the stock its 4th largest position. Prana Capital Management LP’s holdings in U.S. Bancorp were worth $121,753,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in U.S. Bancorp by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 144,548,379 shares of the financial services provider’s stock valued at $6,986,023,000 after acquiring an additional 1,279,104 shares during the last quarter. State Street Corp lifted its position in U.S. Bancorp by 0.9% during the 3rd quarter. State Street Corp now owns 69,179,530 shares of the financial services provider’s stock worth $3,378,808,000 after acquiring an additional 648,943 shares during the period. Norges Bank purchased a new position in shares of U.S. Bancorp in the 2nd quarter valued at approximately $971,285,000. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of U.S. Bancorp by 7.2% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 17,758,947 shares of the financial services provider’s stock valued at $858,290,000 after purchasing an additional 1,189,525 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of U.S. Bancorp by 1.1% in the third quarter. Northern Trust Corp now owns 16,438,774 shares of the financial services provider’s stock valued at $794,486,000 after purchasing an additional 172,645 shares during the period. Institutional investors and hedge funds own 77.60% of the company’s stock.

U.S. Bancorp News Summary

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Management said it exceeded Q1 guidance for net interest income and fee income when presenting at the RBC Capital Markets Global Financial Institutions Conference; commentary emphasized strong underlying performance and outlook, supporting earnings visibility for investors. U.S. Bancorp (USB) Presents at RBC Conference, Here’s What You Should Know
• Positive Sentiment: U.S. Bank hired Alan Flanagan to lead Global Investment Services (global fund services, corporate trust, CLOs), a move that could accelerate fee‑generating business and international asset‑servicing growth. Leadership additions that expand fee revenue capabilities are typically viewed positively for bank valuation. Alan Flanagan joins U.S. Bank as head of Global Investment Services
• Positive Sentiment: Analyst coverage and company reporting point to solid organic top‑line expansion driven by a stronger loan pipeline, improving deposit mix and rising fee income — factors that support forward revenue and EPS estimates. USB’s Organic Growth Solid: What’s Fueling Top-Line Expansion?
• Neutral Sentiment: Proposed federal legislation (S.3940) to expand CDFI support could increase community‑development financing activity; U.S. Bancorp is listed among potentially affected firms — this is a longer‑term policy tailwind but not an immediate earnings driver. New Bill: Senator Steve Daines introduces S. 3940: Access to Fair Financing for Opportunity and Resilient Development Act
• Negative Sentiment: Short‑term pressure from interest‑rate expectations and investor rotation into perceived safe or higher‑rate beneficiaries has driven recent declines; USB remains rate‑sensitive and is trading below its 50‑day moving average, which can amplify near‑term volatility. Is It Time To Revisit U.S. Bancorp (USB) After Recent Interest Rate Jitters?

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on USB shares. Wolfe Research cut U.S. Bancorp from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. UBS Group reissued a “neutral” rating and issued a $60.00 price objective on shares of U.S. Bancorp in a research note on Wednesday, February 4th. DA Davidson upped their price objective on shares of U.S. Bancorp from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. JPMorgan Chase & Co. raised their target price on shares of U.S. Bancorp from $55.50 to $62.00 and gave the stock an “underweight” rating in a research note on Monday, February 9th. Finally, Argus lifted their target price on shares of U.S. Bancorp from $62.00 to $63.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $60.02.

U.S. Bancorp Trading Up 0.8%

Shares of USB stock opened at $51.59 on Wednesday. The business’s fifty day moving average price is $55.68 and its 200 day moving average price is $51.66. The firm has a market capitalization of $80.07 billion, a PE ratio of 11.17, a P/E/G ratio of 0.91 and a beta of 1.04. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80. U.S. Bancorp has a 1-year low of $35.18 and a 1-year high of $61.19.

U.S. Bancorp (NYSE:USB) last released its earnings results on Tuesday, January 20th. The financial services provider reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.07. The company had revenue of $7.92 billion during the quarter, compared to the consensus estimate of $7.31 billion. U.S. Bancorp had a return on equity of 13.48% and a net margin of 17.66%.U.S. Bancorp’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.07 earnings per share. As a group, sell-side analysts forecast that U.S. Bancorp will post 4.38 EPS for the current fiscal year.

U.S. Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.52 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.08 annualized dividend and a dividend yield of 4.0%. U.S. Bancorp’s dividend payout ratio (DPR) is 45.02%.

Insider Buying and Selling

In related news, insider Mark G. Runkel sold 32,195 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $60.65, for a total transaction of $1,952,626.75. Following the sale, the insider owned 97,728 shares of the company’s stock, valued at approximately $5,927,203.20. The trade was a 24.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.21% of the company’s stock.

U.S. Bancorp Profile

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.