U.S. Bancorp (NYSE:USB) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. reduced its stake in shares of U.S. Bancorp (NYSE:USB) by 33.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,080 shares of the financial services provider’s stock after selling 4,000 shares during the period. Integral Investment Advisors Inc.’s holdings in U.S. Bancorp were worth $386,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in USB. AMF Tjanstepension AB raised its position in shares of U.S. Bancorp by 16.9% during the 3rd quarter. AMF Tjanstepension AB now owns 532,105 shares of the financial services provider’s stock valued at $24,401,000 after buying an additional 76,914 shares during the period. Foundations Investment Advisors LLC raised its position in shares of U.S. Bancorp by 14.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 12,386 shares of the financial services provider’s stock valued at $566,000 after buying an additional 1,519 shares during the period. Private Advisor Group LLC raised its position in shares of U.S. Bancorp by 3.4% during the 3rd quarter. Private Advisor Group LLC now owns 114,543 shares of the financial services provider’s stock valued at $5,238,000 after buying an additional 3,737 shares during the period. Assenagon Asset Management S.A. raised its position in shares of U.S. Bancorp by 19.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 50,833 shares of the financial services provider’s stock valued at $2,325,000 after buying an additional 8,263 shares during the period. Finally, Mount Yale Investment Advisors LLC raised its position in shares of U.S. Bancorp by 17.7% during the 3rd quarter. Mount Yale Investment Advisors LLC now owns 10,601 shares of the financial services provider’s stock valued at $485,000 after buying an additional 1,592 shares during the period. 77.60% of the stock is currently owned by institutional investors and hedge funds.

U.S. Bancorp Stock Down 1.9 %

U.S. Bancorp stock opened at $45.88 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 1.11. The stock’s fifty day simple moving average is $48.19 and its 200-day simple moving average is $47.68. The firm has a market capitalization of $71.57 billion, a P/E ratio of 12.10, a P/E/G ratio of 1.73 and a beta of 1.04. U.S. Bancorp has a twelve month low of $37.81 and a twelve month high of $53.98.

U.S. Bancorp (NYSE:USB) last issued its earnings results on Thursday, January 16th. The financial services provider reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.01. The firm had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $7 billion. U.S. Bancorp had a net margin of 14.75% and a return on equity of 12.94%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.99 earnings per share. As a group, equities analysts expect that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

U.S. Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.36%. U.S. Bancorp’s payout ratio is currently 52.77%.

Insider Buying and Selling

In other U.S. Bancorp news, insider Jodi L. Richard sold 30,000 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $47.59, for a total value of $1,427,700.00. Following the completion of the transaction, the insider now owns 99,790 shares in the company, valued at $4,749,006.10. This represents a 23.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Terrance R. Dolan sold 66,317 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $46.96, for a total transaction of $3,114,246.32. Following the completion of the transaction, the insider now owns 209,482 shares of the company’s stock, valued at $9,837,274.72. This represents a 24.05 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 219,812 shares of company stock worth $10,385,665. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on USB shares. Barclays lifted their price target on shares of U.S. Bancorp from $57.00 to $61.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Compass Point lifted their price target on shares of U.S. Bancorp from $49.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Evercore ISI lifted their price target on shares of U.S. Bancorp from $51.00 to $54.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Oppenheimer boosted their target price on U.S. Bancorp from $62.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Finally, Wells Fargo & Company boosted their target price on U.S. Bancorp from $60.00 to $62.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Ten analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.21.

About U.S. Bancorp

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.