San Francisco Sentry Investment Group CA Purchases 3,054 Shares of U.S. Bancorp (USB)

San Francisco Sentry Investment Group CA lifted its position in shares of U.S. Bancorp (NYSE:USB) by 1,211.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,306 shares of the financial services provider’s stock after purchasing an additional 3,054 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in U.S. Bancorp were worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in USB. Janus Henderson Group PLC grew its holdings in shares of U.S. Bancorp by 5,598.0% during the 2nd quarter. Janus Henderson Group PLC now owns 12,653,535 shares of the financial services provider’s stock worth $656,975,000 after purchasing an additional 12,431,466 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of U.S. Bancorp by 154.2% during the 2nd quarter. Principal Financial Group Inc. now owns 5,836,557 shares of the financial services provider’s stock worth $303,034,000 after purchasing an additional 3,540,530 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of U.S. Bancorp by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 105,568,014 shares of the financial services provider’s stock worth $5,481,092,000 after buying an additional 1,727,498 shares during the period. American Century Companies Inc. lifted its position in shares of U.S. Bancorp by 20.9% during the 2nd quarter. American Century Companies Inc. now owns 9,184,921 shares of the financial services provider’s stock worth $476,881,000 after buying an additional 1,590,023 shares during the period. Finally, Lord Abbett & CO. LLC lifted its position in shares of U.S. Bancorp by 842.3% during the 2nd quarter. Lord Abbett & CO. LLC now owns 1,710,200 shares of the financial services provider’s stock worth $88,794,000 after buying an additional 1,528,700 shares during the period. 73.96% of the stock is currently owned by institutional investors.

U.S. Bancorp (USB) opened at $56.98 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.83 and a quick ratio of 0.82. U.S. Bancorp has a 52-week low of $49.53 and a 52-week high of $57.12. The stock has a market capitalization of $94,560.00, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 1.92 and a beta of 0.85.

U.S. Bancorp (NYSE:USB) last issued its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.88. U.S. Bancorp had a return on equity of 13.91% and a net margin of 25.46%. The firm had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.60 billion. During the same quarter in the previous year, the company posted $0.84 EPS. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. equities research analysts expect that U.S. Bancorp will post 3.42 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be given a $0.30 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.20 annualized dividend and a yield of 2.11%. U.S. Bancorp’s payout ratio is 35.71%.

Several equities analysts recently commented on the company. Zacks Investment Research upgraded U.S. Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Instinet downgraded U.S. Bancorp from a “buy” rating to a “neutral” rating and cut their target price for the stock from $57.00 to $55.00 in a research report on Thursday, September 28th. Vining Sparks restated a “buy” rating and set a $64.00 target price on shares of U.S. Bancorp in a research report on Monday, January 8th. Robert W. Baird restated a “hold” rating and set a $48.00 target price on shares of U.S. Bancorp in a research report on Friday, October 6th. Finally, UBS Group downgraded U.S. Bancorp from a “buy” rating to a “neutral” rating and raised their target price for the stock from $58.00 to $60.00 in a research report on Tuesday, December 12th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the stock. U.S. Bancorp presently has an average rating of “Hold” and a consensus target price of $56.22.

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U.S. Bancorp 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.

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

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