Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Position in U.S. Bancorp $USB

Key Points

• Mitsubishi UFJ Asset Management boosted its stake in U.S. Bancorp by 4.7% in Q4 to 3,258,573 shares (about $175.7M), as institutional investors collectively own roughly 77.6% of the company.
• Company insiders sold a combined 106,717 shares (~$6.15M) in the last 90 days — notable sales include EVP Venkatachari Dilip (34,522), Mark G. Runkel (32,195) and Jodi L. Richard (40,000) — leaving insiders with about 0.21% ownership.
• Analysts are broadly positive: MarketBeat reports a Moderate Buy consensus with an average price target of $61.20, and USB recently beat EPS estimates ($1.18 vs. $1.14), trades near $56.19, and yields about 3.7%.

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in U.S. Bancorp (NYSE:USB - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,258,573 shares of the financial services provider's stock after purchasing an additional 145,231 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of U.S. Bancorp worth $175,735,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of U.S. Bancorp by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 146,376,783 shares of the financial services provider's stock valued at $7,810,665,000 after buying an additional 1,828,404 shares during the period. State Street Corp increased its holdings in U.S. Bancorp by 0.9% during the 3rd quarter. State Street Corp now owns 69,179,530 shares of the financial services provider's stock worth $3,378,808,000 after acquiring an additional 648,943 shares during the period. Davis Selected Advisers lifted its stake in U.S. Bancorp by 13.4% in the 4th quarter. Davis Selected Advisers now owns 22,041,759 shares of the financial services provider's stock worth $1,176,148,000 after purchasing an additional 2,610,197 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of U.S. Bancorp by 7.2% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 17,758,947 shares of the financial services provider's stock valued at $858,290,000 after purchasing an additional 1,189,525 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of U.S. Bancorp by 1.1% in the third quarter. Northern Trust Corp now owns 16,438,774 shares of the financial services provider's stock worth $794,486,000 after purchasing an additional 172,645 shares during the period. Hedge funds and other institutional investors own 77.60% of the company's stock.

Trending Headlines about U.S. Bancorp

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Wall Street analysts and market commentators remain constructive — several outlets compiled recent analyst target prices and maintained a measuredly optimistic outlook, supporting demand for the shares. What are Wall Street analysts' target price for US Bancorp stock?
• Positive Sentiment: Momentum-focused research (Zacks and other pieces) highlights USB as a long-term momentum name based on style scores and recent performance, which attracts trend-following and quantitative funds. Why U.S. Bancorp (USB) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Valuation write-ups argue USB still shows modest upside after a strong one‑year gain, keeping value-oriented investors engaged. Is U.S. Bancorp (USB) Still Attractive After A 41.4% One-Year Share Price Gain
• Positive Sentiment: CEO interviews (WSJ event and other profiles) reinforce management’s strategy on marketing, technology and AI adoption — narratives that can bolster investor confidence in execution and growth prospects. US Bank CEO on AI Popularity in the Workforce
• Neutral Sentiment: MarketWatch notes the stock rose on Wednesday but still underperformed the broader market, a reminder traders are balancing sector rotation and macro factors. U.S. Bancorp stock rises Wednesday, still underperforms market
• Neutral Sentiment: U.S. Bank’s CFO Insights Report highlights CFOs’ focus on cost control and dealmaking — macro guidance that affects banks broadly but doesn’t single out USB. U.S. Bank CFO Survey: Geopolitics and Inflation Rise on the Risk Agenda, but CFOs Keep Moving on Growth, Deals
• Neutral Sentiment: Industry data (U.S. Bank Freight Payment Index) shows higher shipping costs and mixed volumes — relevant for loan and payments exposure but not an immediate USB-specific catalyst. U.S. Bank Freight Payment Index: Shipper Spending Surges Amid Modest Freight Volumes
• Negative Sentiment: An executive insider sale: EVP Venkatachari Dilip sold 34,522 shares (~$1.92M at ~$55.52), reducing his ownership ~40% — a near-term negative signal that some investors may interpret as caution by insiders. SEC filing: SEC Filing - Insider Sale

Insider Transactions at U.S. Bancorp

In other U.S. Bancorp news, insider Mark G. Runkel sold 32,195 shares of the company's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $60.65, for a total transaction of $1,952,626.75. Following the completion of the transaction, the insider owned 97,728 shares of the company's stock, valued at $5,927,203.20. This represents a 24.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jodi L. Richard sold 40,000 shares of the stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total value of $2,280,000.00. Following the completion of the sale, the insider owned 207,251 shares of the company's stock, valued at approximately $11,813,307. This trade represents a 16.18% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 106,717 shares of company stock worth $6,149,288. Company insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

USB has been the subject of several recent analyst reports. Keefe, Bruyette & Woods boosted their target price on U.S. Bancorp from $58.00 to $59.00 and gave the stock a "market perform" rating in a research report on Wednesday, January 21st. Piper Sandler restated a "buy" rating on shares of U.S. Bancorp in a research report on Thursday, February 26th. Barclays raised their target price on shares of U.S. Bancorp from $65.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, April 17th. Jefferies Financial Group reissued a "hold" rating and issued a $60.00 price target on shares of U.S. Bancorp in a report on Thursday, April 16th. Finally, Morgan Stanley set a $64.00 price objective on shares of U.S. Bancorp in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, U.S. Bancorp currently has an average rating of "Moderate Buy" and an average price target of $61.20.

U.S. Bancorp Stock Up 1.1%

Shares of NYSE USB opened at $56.19 on Thursday. The firm's fifty day moving average is $54.05 and its 200 day moving average is $53.10. U.S. Bancorp has a 52 week low of $41.13 and a 52 week high of $61.19. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.03. The company has a market cap of $87.22 billion, a price-to-earnings ratio of 11.78, a PEG ratio of 1.00 and a beta of 1.00.

U.S. Bancorp (NYSE:USB - Get Free Report) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.04. The business had revenue of $7.32 billion during the quarter, compared to analysts' expectations of $7.27 billion. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 EPS. On average, equities research analysts expect that U.S. Bancorp will post 5.09 earnings per share for the current year.

U.S. Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, March 31st. U.S. Bancorp's dividend payout ratio is currently 43.61%.

U.S. Bancorp Company Profile

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.

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