U.S. Bancorp (USB) Receiving Somewhat Favorable Media Coverage, Analysis Finds

News headlines about U.S. Bancorp (NYSE:USB) have trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. U.S. Bancorp earned a news sentiment score of 1.88 on their scale. InfoTrie also gave media coverage about the financial services provider an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have impacted U.S. Bancorp’s score:

Several research firms recently issued reports on USB. ValuEngine raised U.S. Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, August 22nd. Zacks Investment Research cut U.S. Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, November 26th. Deutsche Bank cut U.S. Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, November 26th. Standpoint Research cut U.S. Bancorp from a “buy” rating to a “hold” rating and raised their target price for the stock from $54.16 to $63.00 in a research note on Monday, November 26th. They noted that the move was a valuation call. Finally, Citigroup cut U.S. Bancorp from a “buy” rating to a “neutral” rating in a research note on Friday, November 2nd. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company. U.S. Bancorp currently has an average rating of “Hold” and an average price target of $59.61.

Shares of USB opened at $54.46 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.91. U.S. Bancorp has a one year low of $48.49 and a one year high of $58.50. The stock has a market capitalization of $87.33 billion, a price-to-earnings ratio of 15.92, a P/E/G ratio of 1.76 and a beta of 0.91.

U.S. Bancorp (NYSE:USB) last issued its quarterly earnings data on Wednesday, October 17th. The financial services provider reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.02. U.S. Bancorp had a net margin of 27.53% and a return on equity of 15.14%. The business had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.68 billion. During the same period last year, the business posted $0.88 earnings per share. U.S. Bancorp’s quarterly revenue was up 1.6% compared to the same quarter last year. Sell-side analysts predict that U.S. Bancorp will post 4.1 EPS for the current fiscal year.

In other news, Vice Chairman Gillern Jeffry H. Von sold 17,508 shares of U.S. Bancorp stock in a transaction that occurred on Wednesday, October 24th. The shares were sold at an average price of $50.81, for a total transaction of $889,581.48. Following the completion of the transaction, the insider now directly owns 121,137 shares in the company, valued at $6,154,970.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark G. Runkel sold 6,347 shares of U.S. Bancorp stock in a transaction that occurred on Monday, November 12th. The shares were sold at an average price of $53.20, for a total transaction of $337,660.40. The disclosure for this sale can be found here. Insiders sold 253,073 shares of company stock valued at $13,383,882 over the last 90 days. 0.43% of the stock is currently owned by company insiders.

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U.S. Bancorp Company Profile

U.S. Bancorp, a financial services holding company, provides various financial services in the United States. The company operates through five segments: Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support.

Further Reading: What is an investor looking for in an SEC filing?

Insider Buying and Selling by Quarter for U.S. Bancorp (NYSE:USB)

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