Values Added Financial LLC Has $222,000 Stock Position in U.S. Bancorp $USB

Values Added Financial LLC decreased its position in U.S. Bancorp (NYSE:USB) by 24.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,915 shares of the financial services provider’s stock after selling 1,621 shares during the period. Values Added Financial LLC’s holdings in U.S. Bancorp were worth $222,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in USB. Nuveen LLC bought a new stake in U.S. Bancorp in the 1st quarter valued at $138,183,000. Vanguard Group Inc. lifted its position in U.S. Bancorp by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 141,230,279 shares of the financial services provider’s stock valued at $5,962,742,000 after acquiring an additional 2,393,383 shares in the last quarter. American Century Companies Inc. lifted its position in U.S. Bancorp by 17.4% in the 1st quarter. American Century Companies Inc. now owns 10,070,174 shares of the financial services provider’s stock valued at $425,163,000 after acquiring an additional 1,493,318 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in U.S. Bancorp by 10.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 11,012,635 shares of the financial services provider’s stock valued at $464,953,000 after acquiring an additional 1,045,509 shares in the last quarter. Finally, National Bank of Canada FI lifted its position in U.S. Bancorp by 124.8% in the 1st quarter. National Bank of Canada FI now owns 1,802,961 shares of the financial services provider’s stock valued at $76,121,000 after acquiring an additional 1,001,097 shares in the last quarter. 77.60% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

USB has been the topic of several research reports. Morgan Stanley set a $56.00 price objective on shares of U.S. Bancorp and gave the company an “equal weight” rating in a research report on Monday, September 29th. DA Davidson boosted their price target on shares of U.S. Bancorp from $49.00 to $52.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of U.S. Bancorp in a research report on Wednesday. Wall Street Zen raised shares of U.S. Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Finally, Citigroup boosted their price target on shares of U.S. Bancorp from $59.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.11.

U.S. Bancorp Trading Down 1.1%

Shares of NYSE:USB opened at $47.00 on Thursday. U.S. Bancorp has a 52-week low of $35.18 and a 52-week high of $53.98. The company has a market capitalization of $73.14 billion, a P/E ratio of 11.24, a price-to-earnings-growth ratio of 1.49 and a beta of 1.06. The company has a 50-day simple moving average of $47.69 and a 200 day simple moving average of $44.65. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.81 and a current ratio of 0.81.

U.S. Bancorp (NYSE:USB) last issued its earnings results on Thursday, July 17th. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.04. U.S. Bancorp had a net margin of 16.30% and a return on equity of 13.08%. The business had revenue of $7.06 billion during the quarter, compared to the consensus estimate of $7.07 billion. During the same period last year, the business posted $0.98 EPS. U.S. Bancorp’s revenue was up 2.0% on a year-over-year basis. U.S. Bancorp has set its FY 2025 guidance at EPS. Sell-side analysts forecast that U.S. Bancorp will post 4.38 earnings per share for the current year.

U.S. Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.52 dividend. This is an increase from U.S. Bancorp’s previous quarterly dividend of $0.50. The ex-dividend date is Tuesday, September 30th. This represents a $2.08 annualized dividend and a yield of 4.4%. U.S. Bancorp’s dividend payout ratio (DPR) is 49.76%.

Insiders Place Their Bets

In other U.S. Bancorp news, EVP Souheil Badran sold 23,727 shares of the stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $46.34, for a total value of $1,099,509.18. Following the transaction, the executive vice president directly owned 70,346 shares of the company’s stock, valued at $3,259,833.64. This represents a 25.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by corporate 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.