Lion Street Advisors LLC Acquires 552 Shares of U.S. Bancorp (NYSE:USB)

Lion Street Advisors LLC lifted its holdings in shares of U.S. Bancorp (NYSE:USB) by 4.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,659 shares of the financial services provider’s stock after buying an additional 552 shares during the period. Lion Street Advisors LLC’s holdings in U.S. Bancorp were worth $605,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Natixis Advisors LLC lifted its holdings in shares of U.S. Bancorp by 16.6% in the third quarter. Natixis Advisors LLC now owns 401,232 shares of the financial services provider’s stock worth $18,348,000 after acquiring an additional 56,990 shares during the last quarter. International Assets Investment Management LLC bought a new position in U.S. Bancorp in the 4th quarter valued at approximately $1,018,000. M&T Bank Corp boosted its position in U.S. Bancorp by 2.8% in the third quarter. M&T Bank Corp now owns 846,344 shares of the financial services provider’s stock valued at $38,704,000 after buying an additional 22,803 shares in the last quarter. Hilltop Holdings Inc. grew its stake in shares of U.S. Bancorp by 184.3% during the third quarter. Hilltop Holdings Inc. now owns 70,283 shares of the financial services provider’s stock worth $3,214,000 after buying an additional 45,560 shares during the last quarter. Finally, Keystone Financial Planning Inc. increased its holdings in shares of U.S. Bancorp by 29.5% during the fourth quarter. Keystone Financial Planning Inc. now owns 72,614 shares of the financial services provider’s stock worth $3,473,000 after buying an additional 16,552 shares in the last quarter. 77.60% of the stock is currently owned by institutional investors.

U.S. Bancorp Trading Up 1.3 %

Shares of U.S. Bancorp stock opened at $47.48 on Wednesday. The company has a market capitalization of $74.07 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 1.77 and a beta of 1.04. The stock has a fifty day simple moving average of $49.45 and a 200 day simple moving average of $47.42. U.S. Bancorp has a 12-month low of $37.81 and a 12-month high of $53.98. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 1.11.

U.S. Bancorp (NYSE:USB) last announced its earnings results on Thursday, January 16th. The financial services provider reported $1.07 EPS for the quarter, beating the consensus estimate of $1.06 by $0.01. U.S. Bancorp had a net margin of 14.75% and a return on equity of 12.94%. The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $7 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, sell-side analysts anticipate that U.S. Bancorp will post 4.37 earnings per share for the current fiscal year.

U.S. Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend was Tuesday, December 31st. U.S. Bancorp’s dividend payout ratio is presently 52.77%.

Wall Street Analysts Forecast Growth

USB has been the topic of several recent research reports. Royal Bank of Canada set a $53.00 price objective on U.S. Bancorp in a report on Thursday, October 17th. Oppenheimer boosted their price target on U.S. Bancorp from $62.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Evercore ISI raised their price objective on shares of U.S. Bancorp from $51.00 to $54.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Raymond James raised shares of U.S. Bancorp from a “market perform” rating to an “outperform” rating and set a $57.00 target price on the stock in a report on Thursday, December 19th. Finally, Barclays raised their price target on shares of U.S. Bancorp from $57.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $54.21.

U.S. Bancorp Profile

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.