Lawson Kroeker Investment Management Inc. NE Decreases Position in U.S. Bancorp (NYSE:USB)

Lawson Kroeker Investment Management Inc. NE lessened its holdings in U.S. Bancorp (NYSE:USB) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 43,921 shares of the financial services provider’s stock after selling 501 shares during the quarter. Lawson Kroeker Investment Management Inc. NE’s holdings in U.S. Bancorp were worth $2,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Natixis Advisors LLC boosted its position in U.S. Bancorp by 16.6% in the 3rd quarter. Natixis Advisors LLC now owns 401,232 shares of the financial services provider’s stock valued at $18,348,000 after buying an additional 56,990 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of U.S. Bancorp in the 4th quarter valued at $1,018,000. M&T Bank Corp raised its holdings in shares of U.S. Bancorp by 2.8% in the 3rd quarter. M&T Bank Corp now owns 846,344 shares of the financial services provider’s stock valued at $38,704,000 after purchasing an additional 22,803 shares in the last quarter. Hilltop Holdings Inc. raised its holdings in shares of U.S. Bancorp by 184.3% in the 3rd quarter. Hilltop Holdings Inc. now owns 70,283 shares of the financial services provider’s stock valued at $3,214,000 after purchasing an additional 45,560 shares in the last quarter. Finally, Keystone Financial Planning Inc. raised its holdings in shares of U.S. Bancorp by 29.5% in the 4th quarter. Keystone Financial Planning Inc. now owns 72,614 shares of the financial services provider’s stock valued at $3,473,000 after purchasing an additional 16,552 shares in the last quarter. Hedge funds and other institutional investors own 77.60% of the company’s stock.

U.S. Bancorp Stock Down 1.6 %

Shares of NYSE USB opened at $47.65 on Thursday. The company has a market capitalization of $74.34 billion, a PE ratio of 12.57, a price-to-earnings-growth ratio of 1.81 and a beta of 1.05. 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 firm’s 50-day moving average is $49.93 and its two-hundred day moving average is $47.30. U.S. Bancorp has a 12-month low of $37.81 and a 12-month high of $53.98.

U.S. Bancorp (NYSE:USB) last announced its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.07 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $7 billion. During the same period in the prior year, the firm posted $0.99 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. Equities analysts anticipate that U.S. Bancorp will post 4.37 EPS for the current fiscal year.

U.S. Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.20%. U.S. Bancorp’s dividend payout ratio (DPR) is currently 52.77%.

Analysts Set New Price Targets

USB has been the topic of a number of analyst reports. Robert W. Baird set a $54.00 price objective on shares of U.S. Bancorp in a report on Thursday, October 17th. Compass Point lifted their price target on shares of U.S. Bancorp from $49.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Evercore ISI lifted their price target on shares of U.S. Bancorp from $51.00 to $54.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. DA Davidson upgraded shares of U.S. Bancorp from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $58.00 to $60.00 in a research note on Thursday, January 2nd. Finally, Royal Bank of Canada set a $53.00 price target on shares of U.S. Bancorp in a research note on Thursday, October 17th. Ten equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, U.S. Bancorp currently has an average rating of “Moderate Buy” and a consensus price target of $54.21.

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.