G&S Capital LLC purchased a new stake in shares of U.S. Bancorp (NYSE:USB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,450 shares of the financial services provider’s stock, valued at approximately $131,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Green Square Capital LLC boosted its position in U.S. Bancorp by 0.4% during the second quarter. Green Square Capital LLC now owns 11,363 shares of the financial services provider’s stock valued at $593,000 after purchasing an additional 41 shares during the last quarter. TCI Wealth Advisors Inc. lifted its position in shares of U.S. Bancorp by 0.8% in the second quarter. TCI Wealth Advisors Inc. now owns 8,125 shares of the financial services provider’s stock valued at $422,000 after buying an additional 62 shares during the last quarter. KLCM Advisors Inc. lifted its position in shares of U.S. Bancorp by 0.4% in the second quarter. KLCM Advisors Inc. now owns 53,241 shares of the financial services provider’s stock valued at $2,764,000 after buying an additional 200 shares during the last quarter. Princeton Portfolio Strategies Group LLC lifted its position in shares of U.S. Bancorp by 3.3% in the second quarter. Princeton Portfolio Strategies Group LLC now owns 6,173 shares of the financial services provider’s stock valued at $321,000 after buying an additional 200 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. lifted its position in shares of U.S. Bancorp by 1.6% in the second quarter. Nicholas Hoffman & Company LLC. now owns 19,992 shares of the financial services provider’s stock valued at $1,038,000 after buying an additional 310 shares during the last quarter. 74.42% of the stock is owned by hedge funds and other institutional investors.

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In other news, Vice Chairman Gillern Jeffry H. Von sold 13,641 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $55.02, for a total transaction of $750,527.82. Following the transaction, the insider now owns 126,387 shares in the company, valued at $6,953,812.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman P.W. Parker sold 98,485 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $55.95, for a total value of $5,510,235.75. The disclosure for this sale can be found here. In the last quarter, insiders have sold 168,016 shares of company stock worth $9,356,775. 0.43% of the stock is owned by corporate insiders.

U.S. Bancorp (NYSE:USB) opened at $54.15 on Wednesday. The firm has a market capitalization of $90,871.13, a P/E ratio of 16.04, a PEG ratio of 1.81 and a beta of 0.89. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.81 and a current ratio of 0.82. U.S. Bancorp has a 52 week low of $49.53 and a 52 week high of $58.50.

U.S. Bancorp (NYSE:USB) last announced its earnings results on Wednesday, January 17th. The financial services provider reported $0.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.01. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.59 billion. U.S. Bancorp had a return on equity of 13.89% and a net margin of 25.91%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.82 earnings per share. research analysts expect that U.S. Bancorp will post 4.05 EPS for the current year.

USB has been the subject of a number of recent analyst reports. UBS Group cut U.S. Bancorp from a “buy” rating to a “neutral” rating and raised their price objective for the company from $58.00 to $60.00 in a research report on Tuesday, December 12th. Barclays raised their price objective on U.S. Bancorp from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Piper Jaffray Companies raised U.S. Bancorp from a “neutral” rating to an “overweight” rating and set a $61.00 price objective for the company in a research report on Friday, January 5th. Vining Sparks reaffirmed a “buy” rating and issued a $64.00 price objective on shares of U.S. Bancorp in a research report on Monday, January 8th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $63.00 price objective on shares of U.S. Bancorp in a research report on Monday, January 8th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $58.64.

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U.S. Bancorp Company Profile

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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Institutional Ownership by Quarter for U.S. Bancorp (NYSE:USB)

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