Stocks of U.S. Bancorp (NYSE:USB) traded higher last session on Wall Street, up 0.22% to $44.87.
USB stock price is now 8.26% away from the 50-day moving average and -2.19% away from the 200-day moving average. The market capitalization of the company currently stands at $69.91B.
With the price target of $60, TD Cowen recently initiated with Buy rating for U.S. Bancorp (NYSE: USB). On April 03, 2025, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $49, while ‘JP Morgan’ rates the stock as ‘Underweight’
In other news, Gillani Aleem, Director bought 5,000 shares of the company’s stock on Apr 21 ’25. The stock was bought for $186,600 at an average price of $37.32. Upon completion of the transaction, the Director now directly owns 15,000 shares in the company, valued at $0.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’25, Sr. Exec. VP Roy Arijit sold 2,237 shares of the business’s stock. A total of $97,701 was realized by selling the stock at an average price of $43.67. This leaves the insider owning 39,994 shares of the company worth $1.79 million. A total of 0.26% of the company’s stock is owned by insiders.
During the past 12 months, U.S. Bancorp has had a low of $35.18 and a high of $53.98.
The net profit margin was 15.00% and return on equity was 11.50% for USB. The company reported revenue of $7.52 billion for the quarter, compared to $7.76 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.19 percent.
