Culbertson A N & Co. Inc. Has $4.76 Million Holdings in U.S. Bancorp (NYSE:USB)

Culbertson A N & Co. Inc. grew its holdings in shares of U.S. Bancorp (NYSE:USB) by 1.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 99,505 shares of the financial services provider’s stock after purchasing an additional 1,850 shares during the quarter. Culbertson A N & Co. Inc.’s holdings in U.S. Bancorp were worth $4,759,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Winch Advisory Services LLC boosted its stake in U.S. Bancorp by 1,088.9% during the fourth quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 490 shares in the last quarter. Global Wealth Strategies & Associates boosted its position in shares of U.S. Bancorp by 70.8% during the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 250 shares in the last quarter. Frazier Financial Advisors LLC grew its stake in shares of U.S. Bancorp by 222.7% in the 3rd quarter. Frazier Financial Advisors LLC now owns 639 shares of the financial services provider’s stock valued at $29,000 after buying an additional 441 shares during the period. FNY Investment Advisers LLC bought a new stake in U.S. Bancorp in the 4th quarter valued at about $38,000. Finally, First Financial Corp IN bought a new stake in U.S. Bancorp in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 77.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Evercore ISI raised their price objective on U.S. Bancorp from $51.00 to $54.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Compass Point lifted their price target on shares of U.S. Bancorp from $49.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Raymond James upgraded shares of U.S. Bancorp from a “market perform” rating to an “outperform” rating and set a $57.00 price objective on the stock in a report on Thursday, December 19th. Morgan Stanley reduced their price objective on shares of U.S. Bancorp from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Friday. Finally, Stephens upped their target price on shares of U.S. Bancorp from $49.00 to $52.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, U.S. Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $54.21.

U.S. Bancorp Stock Performance

NYSE USB opened at $48.40 on Tuesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $75.50 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 2.47 and a beta of 1.05. U.S. Bancorp has a 52-week low of $37.81 and a 52-week high of $53.98. The company has a 50-day simple moving average of $50.18 and a 200 day simple moving average of $46.88.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.01. U.S. Bancorp had a net margin of 12.92% and a return on equity of 12.91%. The company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $7 billion. During the same quarter in the previous year, the firm posted $0.99 EPS. U.S. Bancorp’s revenue was up 3.7% on a year-over-year basis. On average, research analysts predict that U.S. Bancorp will post 3.91 EPS for the current year.

U.S. Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.13%. U.S. Bancorp’s dividend payout ratio is presently 61.16%.

About U.S. Bancorp

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.