U.S. Bancorp (NYSE:USB) reached 23.95% versus a 1-year low price of $43.14. The stock was last seen 0.55% higher, reaching at $53.47 on 7/11/2019. At a recent session, the prices were hovering between $53.0986 and $53.53. This company shares are 3.2% off its target price of $55.18 and the current market capitalization stands at $85.66B. The recent change has given its price a 2.45% lead over SMA 50 and -3.75% deficit over its 52-week high. The stock witnessed 0.55% gains, 8.46% gains and 12.78% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found USB’s volatility during a week at 1.09% and during a month it has been found around 1.38%.

What Does U.S. Bancorp (USB) Do?

The company describes itself in regulatory filings as, “U.S. Bancorp operates as a bank holding company. It offers financial services, including lending and depository services, cash management, foreign exchange and trust and investment management. The firm also offers mortgage, refinance, auto, boat & RV loans, credit lines, credit card services, merchant, bank, checking & savings accounts, debit cards, online & mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services. The company was founded in 1929 and is headquartered in Minneapolis, MN.” [Text can be found here: https://www.marketwatch.com/investing/stock/USB/profile under company description.]

U.S. Bancorp (USB) Top Holders

Institutional investors currently hold around $64.18 billion or 77.2% in USB stock. Look at its top three institutional owners: Berkshire Hathaway Inc owns $6.88 billion in U.S. Bancorp, which represents roughly 8.03% of the company’s market cap and approximately 10.72% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 115,813,268 shares of the stock are valued at $6.16 billion. The third largest holder is Blackrock Inc., which currently holds $5.35 billion worth of this stock and that ownership represents nearly 6.25% of its market capitalization.

U.S. Bancorp 13F Filings

At the end of March reporting period, 663 institutional holders increased their position in U.S. Bancorp (NYSE:USB) by some 43,370,841 shares, 668 decreased positions by 49,957,393 and 252 held positions by 1,113,000,000. That puts total institutional holdings at 1,207,000,000 shares, according to SEC filings. The stock grabbed 122 new institutional investments totaling 6,895,455 shares while 66 institutional investors sold out their entire positions totaling 1,711,629 shares.

U.S. Bancorp (NYSE:USB) Insider Trades

Multiple company employees have indulged in significant insider trading. U.S. Bancorp disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Vice Chairman von Gillern Jeffry H. has sold 4,669 shares of U.S. Bancorp (USB) in the trading session dated May. 01, 2019. These shares are worth $248,111 and were traded at $53.14 each. The SEC filing shows that Runkel Mark G. performed a sale of 9,944 shares. The EVP and Chief Credit Officer disposed these shares by way of transaction on Apr. 25, 2019. The company’s shares were given away at $52 per share worth to an income of some $517,088 to the account of Runkel Mark G..

Vice Chairman, GODRIDGE LESLIE V, sold 12,564 common shares of U.S. Bancorp (USB) in the open market. In a transaction dated Apr. 22, 2019, the shares were put up for sale at an average price of $51.53, raking in a sum of $647,423. After this sale, 52,421 common shares of USB are directly owned by the insider, with total stake valued at $2,802,951.

In the transaction dated Apr. 18, 2019, a great number of shares sold came courtesy the Vice Chairman; Kelligrew James B disposed a total of 20,000 shares at an average price of $50.61, amounting to approximately $1,012,200. The insider now directly owns 50,258 shares worth $2,687,295.

U.S. Bancorp (USB) Analyst Guide

Several analysts have released their opinion on U.S. Bancorp (NYSE:USB), with 2 analysts believing it is a strong buy. Whereas 14 of them predict the stock is a hold. Also, there are 5 buy, 3 sell and 0 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation [T1].