U.S. Bancorp (NYSE:USB) Shares Sold by Cable Hill Partners LLC

16 Jul 2025, 13:56 by Doug Wharley · The Cerbat Gem

Cable Hill Partners LLC cut its holdings in shares of U.S. Bancorp (NYSE:USB – Free Report) by 18.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,265 shares of the financial services provider’s stock after selling 6,296 shares during the period. Cable Hill Partners LLC’s holdings in U.S. Bancorp were worth $1,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FIL Ltd lifted its stake in U.S. Bancorp by 42.0% during the fourth quarter. FIL Ltd now owns 28,872 shares of the financial services provider’s stock valued at $1,381,000 after purchasing an additional 8,542 shares during the last quarter. Wesbanco Bank Inc. lifted its stake in U.S. Bancorp by 31.6% during the first quarter. Wesbanco Bank Inc. now owns 325,056 shares of the financial services provider’s stock valued at $13,724,000 after purchasing an additional 78,146 shares during the last quarter. Vanguard Group Inc. lifted its stake in U.S. Bancorp by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 138,836,896 shares of the financial services provider’s stock valued at $6,640,569,000 after purchasing an additional 1,079,056 shares during the last quarter. Becker Capital Management Inc. lifted its stake in U.S. Bancorp by 1.5% during the fourth quarter. Becker Capital Management Inc. now owns 560,095 shares of the financial services provider’s stock valued at $27,069,000 after purchasing an additional 8,204 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in U.S. Bancorp by 9.2% during the first quarter. Asset Management One Co. Ltd. now owns 653,367 shares of the financial services provider’s stock valued at $27,585,000 after purchasing an additional 55,054 shares during the last quarter. 77.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on USB. Piper Sandler cut their target price on shares of U.S. Bancorp from $49.00 to $48.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Oppenheimer upped their price target on shares of U.S. Bancorp from $57.00 to $59.00 and gave the company an “outperform” rating in a research report on Monday, April 28th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $43.50 price target (down previously from $51.00) on shares of U.S. Bancorp in a research report on Thursday, April 3rd. Raymond James Financial upgraded shares of U.S. Bancorp from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $51.00 to $57.00 in a research report on Monday, July 7th. Finally, Evercore ISI upped their price target on shares of U.S. Bancorp from $44.00 to $49.00 and gave the company an “in-line” rating in a research report on Wednesday, June 4th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $51.70.

View Our Latest Research Report on U.S. Bancorp

U.S. Bancorp Stock Down 3.0%

USB stock opened at $45.67 on Wednesday. U.S. Bancorp has a 12-month low of $35.18 and a 12-month high of $53.98. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.11. The company has a market cap of $71.15 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 1.81 and a beta of 0.99. The company has a 50 day moving average of $44.59 and a two-hundred day moving average of $44.32.

U.S. Bancorp (NYSE:USB – Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.06. The business had revenue of $6.96 billion for the quarter, compared to the consensus estimate of $6.92 billion. U.S. Bancorp had a net margin of 15.70% and a return on equity of 13.02%. During the same quarter last year, the firm earned $0.78 EPS. On average, equities analysts anticipate that U.S. Bancorp will post 4.38 earnings per share for the current fiscal year.

U.S. Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, June 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.38%. U.S. Bancorp’s dividend payout ratio is currently 49.50%.

Insider Buying and Selling at U.S. Bancorp

In other U.S. Bancorp news, Director Aleem Gillani purchased 5,000 shares of the business’s stock in a transaction dated Monday, April 21st. The shares were acquired at an average price of $37.32 per share, for a total transaction of $186,600.00. Following the acquisition, the director owned 15,000 shares of the company’s stock, valued at $559,800. This trade represents a 50.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.23% of the company’s stock.

About U.S. Bancorp

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