U.S. Bancorp. (NYSE: USB) is 8.60% higher on its value in year-to-date trading and has touched a low of $30.47 and a high of $47.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The USB stock was last observed hovering at around $47.12 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $47.00, the stock is 3.64% and 5.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.59 million and changing -0.25% at the moment leaves the stock 10.72% off its SMA200. USB registered 46.10% gain for a year compared to 6-month gain of 14.63%. The firm has a 50-day simple moving average (SMA 50) of $44.6668 and a 200-day simple moving average (SMA200) of $42.4499.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.17% loss in the last 1 month and extending the period to 3 months gives it a 3.84%, and is 6.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 1.94% over the month.
U.S. Bancorp. (USB) has around 75465 employees, a market worth around $73.34B and $41.65B in sales. Current P/E ratio is 14.91 and Fwd P/E is 11.15. Profit margin for the company is 11.78%. Distance from 52-week low is 54.25% and -0.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.49%).
with sales reaching $6.9B over the same period.The EPS is expected to grow by 15.35% this year, but quarterly earnings will post -2.70% year-over-year. Quarterly sales are estimated to shrink -1.80% in year-over-year returns.
U.S. Bancorp. (USB) Top Institutional Holders
2077.0 institutions hold shares in U.S. Bancorp. (USB), with institutional investors hold 79.39% of the company’s shares. The shares outstanding are 1.56B, and float is at 1.56B with Short Float at 1.25%. Institutions hold 79.29% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 135.59 million shares valued at $5.38 billion. The investor’s holdings represent 8.697% of the USB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 110.54 million shares valued at $4.39 billion to account for 7.0906 of the shares outstanding. The other top investors are STATE STREET CORP which holds 66.46 million shares representing 4.2632% and valued at over $2.67 billion, while MUFG BANK, LTD. holds 4.2279 of the shares totaling 65.91 million with a market value of $2.62 billion.
U.S. Bancorp. (USB) Insider Activity
The most recent transaction is an insider purchase by Gillani Aleem, the company’s Director. SEC filings show that Gillani Aleem bought 10,000 shares of the company’s common stock on Jul 18 ’24 at a price of $44.99 per share for a total of $0.45 million. Following the purchase, the insider now owns 10000.0 shares.
U.S. Bancorp. disclosed in a document filed with the SEC on Feb 16 ’24 that CHOSY JAMES L (Senior EVP and General Counsel) sold a total of 21,582 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $41.47 per share for $0.9 million. Following the transaction, the insider now directly holds 0.16 million shares of the USB stock.
Still, SEC filings show that on Feb 15 ’24, CECERE ANDREW (Chairman, President and CEO) disposed off 93,366 shares at an average price of $41.35 for $3.86 million. The insider now directly holds 1,081,432 shares of U.S. Bancorp. (USB).
