Traders bought shares of U.S. Bancorp (NYSE:USB) on weakness during trading on Thursday. $113.51 million flowed into the stock on the tick-up and $61.37 million flowed out of the stock on the tick-down, for a money net flow of $52.14 million into the stock. Of all stocks tracked, U.S. Bancorp had the 15th highest net in-flow for the day. U.S. Bancorp traded down ($0.19) for the day and closed at $56.15

A number of brokerages have commented on USB. Instinet downgraded U.S. Bancorp from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $57.00 to $55.00 in a research report on Thursday, September 28th. Nomura cut U.S. Bancorp from a “buy” rating to a “neutral” rating and dropped their price target for the company from $57.00 to $55.00 in a report on Thursday, September 28th. Bank of America cut U.S. Bancorp from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $56.00 to $54.00 in a report on Monday, October 2nd. Zacks Investment Research lowered U.S. Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Finally, Robert W. Baird restated a “hold” rating and issued a $48.00 price target on shares of U.S. Bancorp in a research report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the stock. U.S. Bancorp presently has a consensus rating of “Hold” and an average price target of $56.56.

The stock has a market cap of $93,180.00, a P/E ratio of 16.00, a PEG ratio of 1.94 and a beta of 0.85. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.82 and a current ratio of 0.83.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings results on Wednesday, January 17th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.01. U.S. Bancorp had a return on equity of 13.91% and a net margin of 25.46%. The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.59 billion. During the same quarter last year, the business posted $0.82 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. equities analysts forecast that U.S. Bancorp will post 3.42 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend was Thursday, December 28th. U.S. Bancorp’s dividend payout ratio is 34.19%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in USB. Twin Tree Management LP increased its position in shares of U.S. Bancorp by 63.2% in the second quarter. Twin Tree Management LP now owns 34,326 shares of the financial services provider’s stock valued at $1,782,000 after acquiring an additional 13,295 shares during the last quarter. Oarsman Capital Inc. increased its position in shares of U.S. Bancorp by 4.5% in the second quarter. Oarsman Capital Inc. now owns 11,430 shares of the financial services provider’s stock valued at $593,000 after acquiring an additional 488 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of U.S. Bancorp by 16.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 368,986 shares of the financial services provider’s stock valued at $19,158,000 after acquiring an additional 52,380 shares during the last quarter. Ontario Teachers Pension Plan Board increased its position in shares of U.S. Bancorp by 7.5% in the second quarter. Ontario Teachers Pension Plan Board now owns 210,974 shares of the financial services provider’s stock valued at $10,954,000 after acquiring an additional 14,678 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of U.S. Bancorp by 2.6% in the second quarter. Bank of Montreal Can now owns 6,171,700 shares of the financial services provider’s stock valued at $320,434,000 after acquiring an additional 159,319 shares during the last quarter. 73.98% of the stock is currently owned by hedge funds and other institutional investors.

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About U.S. Bancorp

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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