Tradewinds Capital Management LLC trimmed its stake in U.S. Bancorp (NYSE:USB) by 40.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,376 shares of the financial services provider’s stock after selling 3,626 shares during the quarter. Tradewinds Capital Management LLC’s holdings in U.S. Bancorp were worth $288,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in USB. Hudock Capital Group LLC grew its holdings in shares of U.S. Bancorp by 0.4% during the second quarter. Hudock Capital Group LLC now owns 3,804 shares of the financial services provider’s stock worth $197,000 after purchasing an additional 17 shares during the last quarter. BSW Wealth Partners grew its holdings in shares of U.S. Bancorp by 0.6% during the second quarter. BSW Wealth Partners now owns 3,995 shares of the financial services provider’s stock worth $207,000 after purchasing an additional 22 shares during the last quarter. Budros Ruhlin & Roe Inc. grew its holdings in shares of U.S. Bancorp by 0.5% during the second quarter. Budros Ruhlin & Roe Inc. now owns 7,492 shares of the financial services provider’s stock worth $389,000 after purchasing an additional 39 shares during the last quarter. Green Square Capital LLC grew its holdings in shares of 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 worth $593,000 after purchasing an additional 41 shares during the last quarter. Finally, Northwest Quadrant Wealth Management LLC grew its holdings in shares of U.S. Bancorp by 0.5% during the second quarter. Northwest Quadrant Wealth Management LLC now owns 8,660 shares of the financial services provider’s stock worth $461,000 after purchasing an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 73.87% of the company’s stock.

U.S. Bancorp (NYSE:USB) opened at $53.75 on Monday. 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 one year low of $49.53 and a one year high of $58.50. The stock has a market capitalization of $89,010.00, a price-to-earnings ratio of 15.67, a PEG ratio of 1.78 and a beta of 0.87.

U.S. Bancorp (NYSE:USB) last issued its quarterly earnings results on Wednesday, January 17th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.01. U.S. Bancorp had a return on equity of 13.89% and a net margin of 25.91%. The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same quarter in the prior year, the firm posted $0.82 earnings per share. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. analysts forecast that U.S. Bancorp will post 4.03 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend was Thursday, December 28th. U.S. Bancorp’s dividend payout ratio (DPR) is presently 34.09%.

Several analysts have recently commented on USB shares. Piper Jaffray Companies upgraded U.S. Bancorp from a “neutral” rating to an “overweight” rating and set a $61.00 target price on the stock in a report on Friday, January 5th. Royal Bank of Canada increased their target price on U.S. Bancorp to $61.00 and gave the stock an “outperform” rating in a report on Thursday, January 18th. Zacks Investment Research upgraded U.S. Bancorp from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a report on Friday, February 2nd. Morgan Stanley increased their target price on U.S. Bancorp from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Friday, February 2nd. Finally, JPMorgan Chase & Co. decreased their target price on U.S. Bancorp from $55.50 to $50.00 and set a “neutral” rating on the stock in a report on Wednesday, November 1st. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. U.S. Bancorp currently has a consensus rating of “Hold” and an average target price of $58.13.

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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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