Us Bancorp \de\ (USB): David B Omaley , director of Us Bancorp \de\ sold 55,317 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $42.52 per share for a total value of $2,352,078.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 17, 2016, Richard B Jr Payne (Vice Chairman) sold 56,059 shares at $40.14 per share price.On Nov 9, 2015, Jennie P Carlson (EVP, Human Resources) sold 50,000 shares at $44.07 per share price.Also, On Nov 9, 2015, Craig E Gifford (EVP and Controller) sold 1,500 shares at $43.74 per share price.On Nov 6, 2015, John R. Elmore (Vice Chairman) sold 18,596 shares at $42.62 per share price.
U.S. Bancorp: On Friday, Apr 22, 2016 heightened volatility was witnessed in U.S. Bancorp which led to swings in the share price. The shares opened for trading at $42.7 and hit $43.43 on the upside , eventually ending the session at $43.3, with a gain of 1.74% or 0.74 points. The heightened volatility saw the trading volume jump to 92,62,160 shares. The 52-week high of the share price is $46.26 and the company has a market cap of $75,226 M . The 52-week low of the share price is at $37.07.
Company has been under the radar of several Street Analysts.U.S. Bancorp is Reiterated by Compass Point to Neutral while Lowering the Price Target of the company shares to $ 46 from a previous price target of $48 . The Rating was issued on Apr 21, 2016.U.S. Bancorp is Downgraded by Robert W. Baird to Neutral while Lowering the Price Target of the company shares to $ 42 from a previous price target of $45 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 21, 2016.U.S. Bancorp is Downgraded by Guggenheim to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 6, 2016.U.S. Bancorp is Upgraded by Atlantic Equities to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 14, 2016.U.S. Bancorp is Upgraded by Wells Fargo to Outperform. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Feb 10, 2016.
U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary U.S. Bank National Association is engaged in the general banking business in domestic markets. The Company provides a range of financial services including lending and depository services cash management capital markets and trust and investment management services. It also engages in credit card services merchant and automated teller machines (ATM) processing mortgage banking insurance brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals businesses institutional organizations governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Company’s domestic markets to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.