U.S. Bancorp $USB Holdings Decreased by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta Tjanstepension Omsesidigt cut its U.S. Bancorp stake by 25.8% in Q4, selling 621,500 shares and leaving it with 1,791,500 shares (about 0.12% of the company) valued at roughly $95.6 million.
• Significant insider selling has occurred recently — insiders disposed of 106,717 shares (~$6.15M) over the last three months, including Jodi L. Richard selling 40,000 shares (~$2.28M) and EVP Venkatachari Dilip selling 34,522 shares (~$1.92M), the latter cutting his ownership by about 40%.
• U.S. Bancorp slightly beat estimates (EPS $1.18 vs. $1.14; revenue $7.32B vs. $7.27B), pays a quarterly dividend of $0.52 (3.7% yield), and carries a MarketBeat consensus of "Moderate Buy" with a $61.20 price target.

Alecta Tjanstepension Omsesidigt reduced its stake in shares of U.S. Bancorp (NYSE:USB - Free Report) by 25.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,791,500 shares of the financial services provider's stock after selling 621,500 shares during the quarter. Alecta Tjanstepension Omsesidigt owned about 0.12% of U.S. Bancorp worth $95,594,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Gilbert & Cook Inc. grew its stake in U.S. Bancorp by 1.2% during the 4th quarter. Gilbert & Cook Inc. now owns 15,590 shares of the financial services provider's stock worth $832,000 after buying an additional 184 shares during the last quarter. Genesis Private Wealth LLC boosted its position in U.S. Bancorp by 2.3% during the 4th quarter. Genesis Private Wealth LLC now owns 8,348 shares of the financial services provider's stock worth $445,000 after acquiring an additional 187 shares during the period. Lantz Financial LLC boosted its position in U.S. Bancorp by 0.4% during the 4th quarter. Lantz Financial LLC now owns 49,360 shares of the financial services provider's stock worth $2,634,000 after acquiring an additional 199 shares during the period. Park National Corp OH boosted its position in U.S. Bancorp by 0.7% during the 4th quarter. Park National Corp OH now owns 27,364 shares of the financial services provider's stock worth $1,460,000 after acquiring an additional 200 shares during the period. Finally, Romano Brothers AND Company boosted its position in U.S. Bancorp by 2.4% during the 4th quarter. Romano Brothers AND Company now owns 9,156 shares of the financial services provider's stock worth $489,000 after acquiring an additional 211 shares during the period. 77.60% of the stock is currently owned by institutional investors.

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on USB shares. Oppenheimer boosted their price target on U.S. Bancorp from $73.00 to $74.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 29th. DA Davidson reiterated a "buy" rating and set a $65.00 price target on shares of U.S. Bancorp in a research report on Friday, April 17th. Wolfe Research lowered U.S. Bancorp from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 7th. Jefferies Financial Group reiterated a "hold" rating and set a $60.00 price target on shares of U.S. Bancorp in a research report on Thursday, April 16th. Finally, Argus boosted their price target on U.S. Bancorp from $62.00 to $63.00 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.20.

U.S. Bancorp Trading Up 1.1%

Shares of NYSE USB opened at $56.19 on Thursday. U.S. Bancorp has a 12 month low of $41.13 and a 12 month high of $61.19. The company has a market cap of $87.22 billion, a price-to-earnings ratio of 11.78, a P/E/G ratio of 1.00 and a beta of 1.00. 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 business has a fifty day simple moving average of $54.05 and a 200-day simple moving average of $53.10.

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

U.S. Bancorp Dividend Announcement

The business 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 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, March 31st. U.S. Bancorp's dividend payout ratio is currently 43.61%.

Insider Activity

In other news, insider Jodi L. Richard sold 40,000 shares of the company's stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $57.00, for a total transaction of $2,280,000.00. Following the completion of the sale, the insider directly owned 207,251 shares of the company's stock, valued at $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Venkatachari Dilip sold 34,522 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total value of $1,916,661.44. Following the sale, the executive vice president directly owned 51,292 shares of the company's stock, valued at approximately $2,847,731.84. This represents a 40.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 106,717 shares of company stock valued at $6,149,288 over the last three months. Insiders own 0.21% of the company's stock.

U.S. Bancorp 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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