Roman Butler Fullerton & Co. Purchases Shares of 4,725 U.S. Bancorp (NYSE:USB)

Roman Butler Fullerton & Co. purchased a new stake in shares of U.S. Bancorp (NYSE:USB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 4,725 shares of the financial services provider’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USB. CGC Financial Services LLC bought a new position in U.S. Bancorp during the 4th quarter valued at $25,000. BKM Wealth Management LLC bought a new position in U.S. Bancorp during the 4th quarter valued at $26,000. Planned Solutions Inc. bought a new position in U.S. Bancorp during the 4th quarter valued at $27,000. Legacy Financial Group LLC bought a new position in U.S. Bancorp during the 3rd quarter valued at $30,000. Finally, First Command Advisory Services Inc. bought a new position in U.S. Bancorp during the 3rd quarter valued at $35,000. 77.60% of the stock is owned by institutional investors.

U.S. Bancorp Price Performance

USB opened at $39.44 on Friday. The stock has a market cap of $61.45 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 2.04 and a beta of 1.05. U.S. Bancorp has a 1 year low of $27.27 and a 1 year high of $45.85. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 1.07. The stock has a fifty day moving average price of $42.31 and a 200 day moving average price of $39.72.

U.S. Bancorp (NYSE:USB) last released its quarterly earnings data on Wednesday, April 17th. The financial services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The firm had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.71 billion. U.S. Bancorp had a return on equity of 13.93% and a net margin of 12.13%. The business’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.16 earnings per share. Analysts forecast that U.S. Bancorp will post 3.87 EPS for the current fiscal year.

U.S. Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were given a $0.49 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.97%. U.S. Bancorp’s dividend payout ratio is currently 64.90%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on USB. StockNews.com lowered U.S. Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, February 20th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $45.00 price objective (down from $52.00) on shares of U.S. Bancorp in a research note on Thursday. Jefferies Financial Group raised their price objective on U.S. Bancorp from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Monday, April 8th. DA Davidson reduced their price objective on U.S. Bancorp from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Compass Point raised U.S. Bancorp from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $46.00 to $49.00 in a research note on Friday, March 22nd. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, U.S. Bancorp presently has a consensus rating of “Hold” and an average price target of $46.91.

Insiders Place Their Bets

In other U.S. Bancorp news, EVP James L. Chosy sold 21,582 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $41.47, for a total value of $895,005.54. Following the completion of the sale, the executive vice president now owns 164,880 shares of the company’s stock, valued at $6,837,573.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other U.S. Bancorp news, EVP James L. Chosy sold 21,582 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $41.47, for a total value of $895,005.54. Following the completion of the sale, the executive vice president now owns 164,880 shares of the company’s stock, valued at $6,837,573.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Terrance R. Dolan sold 26,583 shares of the business’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $43.37, for a total value of $1,152,904.71. Following the completion of the sale, the insider now directly owns 144,236 shares of the company’s stock, valued at approximately $6,255,515.32. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

U.S. Bancorp 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.