U.S. Bancorp (NYSE:USB) Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in U.S. Bancorp (NYSE:USB - Free Report) by 77.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,704 shares of the financial services provider's stock after buying an additional 6,430 shares during the period. Vise Technologies Inc.'s holdings in U.S. Bancorp were worth $703,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in USB. Capital Performance Advisors LLP boosted its stake in U.S. Bancorp by 2.6% in the fourth quarter. Capital Performance Advisors LLP now owns 8,188 shares of the financial services provider's stock valued at $392,000 after acquiring an additional 210 shares in the last quarter. Covestor Ltd raised its holdings in shares of U.S. Bancorp by 12.3% during the fourth quarter. Covestor Ltd now owns 1,955 shares of the financial services provider's stock worth $94,000 after purchasing an additional 214 shares during the last quarter. Strategic Blueprint LLC raised its holdings in shares of U.S. Bancorp by 5.2% during the fourth quarter. Strategic Blueprint LLC now owns 4,611 shares of the financial services provider's stock worth $221,000 after purchasing an additional 226 shares during the last quarter. Tritonpoint Wealth LLC raised its holdings in shares of U.S. Bancorp by 4.9% during the fourth quarter. Tritonpoint Wealth LLC now owns 4,891 shares of the financial services provider's stock worth $236,000 after purchasing an additional 230 shares during the last quarter. Finally, TrinityPoint Wealth LLC raised its holdings in shares of U.S. Bancorp by 2.3% during the fourth quarter. TrinityPoint Wealth LLC now owns 10,355 shares of the financial services provider's stock worth $495,000 after purchasing an additional 231 shares during the last quarter. 77.60% of the stock is currently owned by institutional investors.

U.S. Bancorp Trading Down 0.7%

NYSE:USB traded down $0.32 on Friday, hitting $43.44. The stock had a trading volume of 1,130,966 shares, compared to its average volume of 9,054,625. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 1.11. The stock has a market cap of $67.69 billion, a price-to-earnings ratio of 11.50, a PEG ratio of 1.73 and a beta of 0.97. The company has a fifty day moving average price of $41.01 and a two-hundred day moving average price of $45.67. U.S. Bancorp has a 1-year low of $35.18 and a 1-year high of $53.98.

U.S. Bancorp (NYSE:USB - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.97 by $0.06. U.S. Bancorp had a net margin of 14.75% and a return on equity of 12.94%. The company had revenue of $6.96 billion for the quarter, compared to the consensus estimate of $6.92 billion. During the same period in the prior year, the firm posted $0.78 EPS. Equities research analysts expect that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

U.S. Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date of this dividend was Monday, March 31st. U.S. Bancorp's dividend payout ratio is presently 49.50%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wells Fargo & Company reduced their target price on shares of U.S. Bancorp from $56.00 to $50.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Oppenheimer lifted their price objective on shares of U.S. Bancorp from $57.00 to $59.00 and gave the company an "outperform" rating in a report on Monday, April 28th. The Goldman Sachs Group dropped their target price on shares of U.S. Bancorp from $51.00 to $45.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Cowen assumed coverage on shares of U.S. Bancorp in a research report on Wednesday, May 14th. They issued a "buy" rating on the stock. Finally, Wolfe Research upgraded shares of U.S. Bancorp from a "peer perform" rating to an "outperform" rating and set a $49.00 target price on the stock in a research report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, U.S. Bancorp currently has a consensus rating of "Moderate Buy" and a consensus price target of $50.89.

Insider Activity at U.S. Bancorp

In related news, Director Aleem Gillani bought 5,000 shares of the company's stock in a transaction that occurred on Monday, April 21st. The shares were purchased at an average cost of $37.32 per share, with a total value of $186,600.00. Following the transaction, the director now directly owns 15,000 shares of the company's stock, valued at approximately $559,800. This represents a 50.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.23% of the company's stock.

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.