U.S. Bancorp $USB is Prana Capital Management LP’s 4th Largest Position

Prana Capital Management LP increased its position in shares of U.S. Bancorp (NYSE:USB) by 1.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,519,210 shares of the financial services provider’s stock after buying an additional 29,161 shares during the period. U.S. Bancorp comprises about 4.1% of Prana Capital Management LP’s portfolio, making the stock its 4th biggest position. Prana Capital Management LP owned 0.16% of U.S. Bancorp worth $121,753,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of U.S. Bancorp by 323.0% in the 4th quarter. Brighton Jones LLC now owns 48,274 shares of the financial services provider’s stock valued at $2,309,000 after purchasing an additional 36,863 shares in the last quarter. Empowered Funds LLC grew its stake in shares of U.S. Bancorp by 2.1% during the first quarter. Empowered Funds LLC now owns 34,411 shares of the financial services provider’s stock worth $1,453,000 after purchasing an additional 714 shares in the last quarter. Intech Investment Management LLC increased its holdings in U.S. Bancorp by 18.9% in the first quarter. Intech Investment Management LLC now owns 39,276 shares of the financial services provider’s stock valued at $1,658,000 after buying an additional 6,252 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in U.S. Bancorp in the second quarter valued at $425,000. Finally, Foundations Investment Advisors LLC increased its holdings in U.S. Bancorp by 8.3% in the second quarter. Foundations Investment Advisors LLC now owns 14,647 shares of the financial services provider’s stock valued at $663,000 after buying an additional 1,118 shares during the last quarter. Hedge funds and other institutional investors own 77.60% of the company’s stock.

Key Stories Impacting U.S. Bancorp

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

• Positive Sentiment: Management said it exceeded Q1 guidance for net interest income and fee income when presenting at the RBC Capital Markets Global Financial Institutions Conference; commentary emphasized strong underlying performance and outlook, supporting earnings visibility for investors. U.S. Bancorp (USB) Presents at RBC Conference, Here’s What You Should Know
• Positive Sentiment: U.S. Bank hired Alan Flanagan to lead Global Investment Services (global fund services, corporate trust, CLOs), a move that could accelerate fee‑generating business and international asset‑servicing growth. Leadership additions that expand fee revenue capabilities are typically viewed positively for bank valuation. Alan Flanagan joins U.S. Bank as head of Global Investment Services
• Positive Sentiment: Analyst coverage and company reporting point to solid organic top‑line expansion driven by a stronger loan pipeline, improving deposit mix and rising fee income — factors that support forward revenue and EPS estimates. USB’s Organic Growth Solid: What’s Fueling Top-Line Expansion?
• Neutral Sentiment: Proposed federal legislation (S.3940) to expand CDFI support could increase community‑development financing activity; U.S. Bancorp is listed among potentially affected firms — this is a longer‑term policy tailwind but not an immediate earnings driver. New Bill: Senator Steve Daines introduces S. 3940: Access to Fair Financing for Opportunity and Resilient Development Act
• Negative Sentiment: Short‑term pressure from interest‑rate expectations and investor rotation into perceived safe or higher‑rate beneficiaries has driven recent declines; USB remains rate‑sensitive and is trading below its 50‑day moving average, which can amplify near‑term volatility. Is It Time To Revisit U.S. Bancorp (USB) After Recent Interest Rate Jitters?

Insider Buying and Selling

In other U.S. Bancorp news, insider Mark G. Runkel sold 32,195 shares of the business’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 value of $1,952,626.75. Following the completion of the sale, the insider owned 97,728 shares in the company, valued at approximately $5,927,203.20. The trade was a 24.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

USB has been the topic of a number of analyst reports. Royal Bank Of Canada raised their price target on U.S. Bancorp from $57.00 to $59.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. TD Cowen upped their price objective on U.S. Bancorp from $65.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Barclays increased their price objective on U.S. Bancorp from $56.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Oppenheimer boosted their target price on U.S. Bancorp from $75.00 to $77.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. Finally, Wolfe Research downgraded U.S. Bancorp from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $60.02.

U.S. Bancorp Stock Performance

NYSE USB opened at $51.59 on Wednesday. The company has a fifty day moving average of $55.68 and a two-hundred day moving average of $51.66. The company has a market capitalization of $80.07 billion, a PE ratio of 11.17, a P/E/G ratio of 0.91 and a beta of 1.04. U.S. Bancorp has a 1 year low of $35.18 and a 1 year high of $61.19. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80.

U.S. Bancorp (NYSE:USB) last posted its earnings results on Tuesday, January 20th. The financial services provider reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07. U.S. Bancorp had a return on equity of 13.48% and a net margin of 17.66%.The business had revenue of $7.92 billion for the quarter, compared to analysts’ expectations of $7.31 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. As a group, analysts expect that U.S. Bancorp will post 4.38 earnings per share for the current year.

U.S. Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.08 annualized dividend and a yield of 4.0%. U.S. Bancorp’s payout ratio is 45.02%.

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.