CORDA Investment Management LLC. Reduces Stake in U.S. Bancorp $USB

Posted by Brenda Bartman on Sep 8th, 2026

U.S. Bancorp logo CORDA Investment Management LLC. decreased its holdings in shares of U.S. Bancorp (NYSE:USB – Free Report) by 0.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 912,358 shares of the financial services provider’s stock after selling 8,346 shares during the period. U.S. Bancorp accounts for about 3.4% of CORDA Investment Management LLC.’s portfolio, making the stock its 8th largest position. CORDA Investment Management LLC. owned 0.06% of U.S. Bancorp worth $55,106,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Financial Life Planners bought a new position in U.S. Bancorp in the first quarter worth approximately $27,000. Main Street Group LTD bought a new position in shares of U.S. Bancorp in the 1st quarter worth $28,000. JPL Wealth Management LLC purchased a new stake in shares of U.S. Bancorp during the 3rd quarter worth $28,000. Archer Investment Corp purchased a new stake in shares of U.S. Bancorp during the 2nd quarter worth $29,000. Finally, Parvin Asset Management LLC bought a new stake in U.S. Bancorp during the second quarter valued at about $30,000. Institutional investors own 77.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on USB. DA Davidson increased their price target on shares of U.S. Bancorp from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Barclays increased their target price on shares of U.S. Bancorp from $67.00 to $75.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Wells Fargo & Company lifted their price target on shares of U.S. Bancorp from $66.00 to $69.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. BTIG Research set a $67.50 price objective on U.S. Bancorp in a research report on Monday, July 20th. Finally, Morgan Stanley boosted their target price on U.S. Bancorp from $64.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, U.S. Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $67.06.

View Our Latest Analysis on U.S. Bancorp

Insider Buying and Selling at U.S. Bancorp

In other U.S. Bancorp news, insider Stephen L. Philipson sold 36,906 shares of the company’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $63.08, for a total value of $2,328,030.48. Following the sale, the insider directly owned 74,969 shares of the company’s stock, valued at approximately $4,729,044.52. This represents a 32.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gunjan Kedia sold 27,267 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $62.37, for a total value of $1,700,642.79. Following the sale, the chief executive officer directly owned 426,262 shares in the company, valued at $26,585,960.94. This represents a 6.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.21% of the company’s stock.

U.S. Bancorp Stock Performance

NYSE USB traded down $0.85 during trading hours on Tuesday, reaching $62.52. The stock had a trading volume of 5,584,586 shares, compared to its average volume of 9,376,383. The stock has a fifty day moving average of $63.11 and a 200 day moving average of $57.91. The stock has a market cap of $97.41 billion, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 1.13 and a beta of 0.95. U.S. Bancorp has a 52-week low of $45.02 and a 52-week high of $66.07. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.82 and a current ratio of 0.83.

U.S. Bancorp (NYSE:USB – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.07. U.S. Bancorp had a net margin of 18.49% and a return on equity of 13.69%. The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.58 billion. During the same period last year, the firm posted $1.11 EPS. Sell-side analysts predict that U.S. Bancorp will post 5.22 earnings per share for the current year.

U.S. Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.52 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. U.S. Bancorp’s dividend payout ratio is presently 41.52%.

U.S. Bancorp Company Profile

(Free Report)

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.