YHB Investment Advisors Inc. raised its holdings in shares of U.S. Bancorp (NYSE:USB) by 11.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,862 shares of the financial services provider’s stock after buying an additional 12,705 shares during the period. YHB Investment Advisors Inc.’s holdings in U.S. Bancorp were worth $5,569,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vectors Research Management LLC bought a new position in shares of U.S. Bancorp during the third quarter valued at about $101,000. Stelac Advisory Services LLC bought a new position in shares of U.S. Bancorp during the third quarter valued at approximately $103,000. Highwater Wealth Management LLC bought a new position in shares of U.S. Bancorp during the fourth quarter valued at approximately $134,000. TLP Group LLC grew its holdings in shares of U.S. Bancorp by 77.9% during the third quarter. TLP Group LLC now owns 2,688 shares of the financial services provider’s stock valued at $142,000 after buying an additional 1,177 shares during the last quarter. Finally, NEXT Financial Group Inc purchased a new stake in shares of U.S. Bancorp during the third quarter valued at approximately $181,000. Institutional investors and hedge funds own 75.18% of the company’s stock.

In other U.S. Bancorp news, Director David B. Omaley sold 10,902 shares of U.S. Bancorp stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $53.66, for a total value of $585,001.32. Following the sale, the director now directly owns 212,789 shares in the company, valued at approximately $11,418,257.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Andrew Cecere sold 183,374 shares of U.S. Bancorp stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $52.95, for a total transaction of $9,709,653.30. Following the completion of the transaction, the chairman now directly owns 892,517 shares of the company’s stock, valued at $47,258,775.15. The disclosure for this sale can be found here. Insiders sold 253,073 shares of company stock worth $13,383,882 over the last quarter. Insiders own 0.43% of the company’s stock.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of U.S. Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 11th. ValuEngine cut shares of U.S. Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Finally, Jefferies Financial Group cut shares of U.S. Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $58.91.

USB traded up $0.12 during trading on Friday, hitting $47.43. The company’s stock had a trading volume of 354,891 shares, compared to its average volume of 9,019,036. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.91. U.S. Bancorp has a one year low of $43.14 and a one year high of $58.50. The company has a market capitalization of $76.62 billion, a PE ratio of 13.87, a PEG ratio of 1.45 and a beta of 1.02.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings results on Wednesday, October 17th. The financial services provider reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.02. U.S. Bancorp had a net margin of 27.53% and a return on equity of 15.14%. The business had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.68 billion. During the same period last year, the firm earned $0.88 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. Equities analysts forecast that U.S. Bancorp will post 4.1 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, December 28th. This represents a $1.48 annualized dividend and a yield of 3.12%. U.S. Bancorp’s payout ratio is presently 43.27%.

COPYRIGHT VIOLATION WARNING: This piece was reported by Daily Political and is owned by of Daily Political. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.dailypolitical.com/2019/01/11/yhb-investment-advisors-inc-has-5-57-million-holdings-in-u-s-bancorp-usb.html.

U.S. Bancorp Profile

U.S. Bancorp, a financial services holding company, provides various financial services in the United States. The company operates through five segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support.

Featured Article: What is Cost of Debt?

Want to see what other hedge funds are holding USB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for U.S. Bancorp (NYSE:USB).

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

Receive News & Ratings for U.S. Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.